hey, I do day trades wanted to try forex.
I take it by the title of this post you day trade Stocks.
How do you day trade?? The reason I ask is that day trading Forex is far different to day trading stocks. To start with you are trading an instument with no central exchange
Good luck Hope it goes well for you.
Cheers
Blackduck
Forex market is a huge and volatile market and it is different than the stocks. you can start by creating a demo account because it will help you learn about the forex market.
Forex is easy to start , very easy , with little money it can be started from at any places but honestly speaking surviving in there is very much difficult , need a long time patience.
Please tell use more about your stock trading. How you are doing there. How you buy a share? By listening to the rumours or by analyzing the share. Forex trading requires analyzing the market. It takes time to learn that. Tell us more.
Hi, Welcome to the forex trading. I think before you get into forex trading, you need to ask yourself the following questions:
- The reason why you want to get into forex trading.
- Do you have a mentor or someone to guide you?
- Have you taken training from somewhere?
- Do you have any strategies already?
- Do you have the patience and time to give to forex trading?
Forex trading is very different from stocks trading and requires a lot of knowledge (even if you are using EAs) and it takes time to get a hang of it. All the best.