Am 25 and trading my friends capital and my own, like a crowd fund, or a hedge fund, All are encouraging me to start a trade room kinda stuff, A full time trader with all streams of media and all other technical stuffs, Whats your opinion about that?
I got around 2000 USD salary per month and I do some stores work, 90% in front of my computer. Currently working with an underground metro project, it ends after 1 year or so,
Can you guys advice me in the following questions..
Trying hard to be diplomatic here mate. After looking at your signal, trading 1 to 2 lots on a $1200 account, the decision of whether to quit your day job or not will not be a choice within the next few
I have had my own business including real estate worth a lot of money until an earthquake stuck.
The thing about a business is that as the owner you are actually the last one paid. Keep banking your monthly income and start your business part time. When you new business takes all you time and pays all the bills and piles up in your bank account you will be ready to start a business full time.
Start by reading the business plans of people you respect. Learn from other people's mistakes at least because you don't have to reinvent the wheel.
Sorry to say, I just read your first point of five ...
It was enough for me to understand you are too far to be ready ...
I'm really sorry. It is better to get such replies from now instead of
later it will be too late.
Good luck ...
More to read...
I work and trade, but the only way I can do this is to find a system that can be automated as much as possible. Manual intervention will always be needed at some juncture.
Most brokers are sharks, so if you start with that assumption, you won't end up disappointed. As long as they pay up when you withdraw profit, that for me is the main thing.
This whole game is predominantly news driven. If you are sitting at your home on a PC you are out of the loop and can only react to an event after the starting gun has been fired. Gambling on the news is the preserve of the rich with money to squander.
Your system needs to be able to cope with the weekly tremors of the bigger news events and big shocks like the Swiss removing the floor on the Euro. So called once in a lifetime events come around more than once in this dirty game.
Don't put a penny of real money in until you have found something that works, or you will go bust and spend the rest of your life cleaning other peoples toilets to scratch a living.
Thank you all,
To give me a good advise on this issue,
I have started a study on support and resistance relation with volume, My basic sentiment is when volumes are reduced the R1 And S1 doesn't hit on day1 probably on day 2 or day 3, So I will analyzing live calculations with my co-relation formula and will be updating in MQL5 community.