Forex Trading Competitions
i am finding forex is very confusing as opposed to stocks when it comes to charts and setups?
i just cant seem to find a consistent and repeatable trading strategy as opposed to stocks..i know you can make large sums of money in forex as i see from competitions and people make 700-1000% per month…but i cannot grasp or find a way to consistently trade forex….do you have any workable ideas to help me on the right track…i really want to figure it out..thanks
Forex is so much different then the stock market. Most the time in the stock market you are looking for profitable companies to buy unless you are a short seller which most people are not. In forex you buy for a much shorter amount of time and you are looking for quick gains. There are so many types of trading strategies and it is impossible for any of us to pick one out for you because everyone has their own trading style. To succeed in forex I would recommend reading up on different strategies and finding a strategy that works for you by opening up a practice account with a broker and just refining your strategy until it is consistently profitable. Once it is profitable then move forward with adding some of you own cash into an account. It took me over a year before I found a strategy that works for me and I made the mistake of adding real money into an account before I figured it out.
Forex Robot World Cup – FRWC – Automated Forex Trading Expert Advisor Competition
