Forex or currency trading is a nightmare. It makes you lose sleep. It makes you sweat and your heart pound. It makes you dream in numbers and charts. It takes over every ounce of you.
At least that's what happened to me.
I've always hopped around from one interest to another, trying to look for something that can sustain my attention. One thing led to another, and I ended up with forex, and I never looked back since. Forex to me is the ideal way to work from home. Actually, from anywhere in the world for a matter of fact. As long as you have a laptop with good internet connection, you can trade your foreign exchange account from a beach, from a caf้, from your bed, you name it. Sounds like the sweetest deal to me!
But hold on, forex is also a market that slaughters 95 percent of traders. You would hear more stories of people losing their life savings then of a trader successfully making profit consistently. To get into that elite 5 percent requires a lot of work. I equate it to as much, if not more, than what I had to study in university, and I certainly have more passion for this then for my multimedia degree.
So as a quick word of caution, do not even think about jumping into forex unprepared because it will swallow you whole. Read as much as you can. A good place to start is http://babypips.com. Digest the whole site and start learning on other traders' experiences. It will save you a lot of heartache later on.
| I started trading more than a year ago, and have only started generating profits now. I keep my journals at http://forexjournal.weebly.com. |
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