Forex Trading Pros And Cons
I’m interested in making money on the Forex?
Do you have experience that made you profitable on the Forex, do you have any tips, pros and cons, things to avoid, recommended places to trade through? Any advice you can give would be Most helpful and So appreciated. Thank You!
Hello,
I have been trading Forex for about 5 years now. In the last 2 years or so I have been very successful, pretty much every month with very few exceptions.
I trade with FXCM U.K because I have had no problem with them yet.
If you are new to Forex than I recommend that you study a profitable trading method, back-test it thoroughly, trade it on a demo account for several months and if you get good results than duplicate your actions on a live account.
Although it might seem like a long route, it is a for sure thing.
Are there short cuts?
well, in my opinion, if you do it on your own than any short cut will be riskier than the previous plan.
Being a member of an online trading community is extremely useful and having a good personal trading coach is the ultimate and will save you lots of time, money and frustration.
I hope that you find my answer useful.
Happy trading.
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