Hi all,
Firstly great community and I’m very happy to be a part of it.
I’ve recently started with Forex (2 months study and about a week “demo” trading so far).
I’ve looked into a lot of “strategies” and “formulas” and none of them really appeal to me. I don’t like systems like that.
I’ve been following a lot of news sources, market channels and listening to commentary and so far, my modest “demo” account has gone from 10k to 15k.
What has been successful for me (so far) is making trades based on my “gut” - where I feel the market is going.
Is this viable? Can successful traders operate like that?
A bit of background, I have a decent share portfolio and have owned a successful business for 10+ years. I’m very up to date with news, market trends and directions various economies are heading.
I don’t have a specific “goal” I’m working towards. My business (almost) runs itself and I draw a nice income from it. I seem to quite enjoy Forex and appear quite passionate about it and look forward to doing it long term.