I’m actually pretty new to forex. So new, I didn’t know it was different form Binary options until a while ago. I thought they were all the same.
Anyway, 2019 has been an eye opening year for me as I learned about the industry’s sharks, news trading, and how to exploit the volatility Indices quite well. It’s still a year of learning for me.
What are your favorite moments of the year so far?
Hi @TopClint I just learned about forex in January and have been studying about 10hrs a day and trading demo. I’m loving when I noticed I’ve progressed in this short period of time… I’m more organized, I’ve started journaling my trades and even created a spreadsheet… the way I map out my charts have improved compared to January lol everything is making more sense and that’s huge! 2 months ago when I first saw a chart I was totally lost and felt a tiny bit intimidated but I pushed through and watched tons of videos, Found babypips school of Pipsology, I’ve read 3 trading books and communicating with others on this forum has definitely helped my progress…
I saw you mentioned in another post that you were into binary options, I didn’t want to say anything at first but from what I’ve read here so far is that binary options is a scam so be careful with that!
Hi, welcome to forex trading. First, I also think its way too early to talk of what’s interesting about this year, but I love how the market is going and the fact that I have learnt so much since the year began. Secondly, note that forex trading and the trading of options is very different.
@Doubar I understand. perhaps the title is incomplete. Hope you have a continuously great forex learning experience. And yup, I am aware of the difference between forex and options. Thanks for the reply.
Option trading and forex trading are both very different. Personally, I can’t advise a new trader to go into trading binary options. It is considered a scam by many people, which is partly true. However, with the right knowledge and experience, you can still succeed in binary options
My best moment this year was when i looked at my February Statement after one month day-trading under “professional” circumstances (doing so as if i would do it with real money at home to finance all my future activities like buying Rotax KTM 600 and riding from “Cap to Cairo”…) and testing my entry/exit rules. This makes me really confident to become a Millionaire within the next months-maybe i apply for a job as a currency trader for Salomon or Lehman Brothers…