And that’s the hardest part isn’t it? We are surrounded with so many choices: trading tools, platforms, brokers, it gets hard to make out what’s worth the time and effort and what’s not.
Don’t forget all the success stories also buzzing around us which make it seem that trading is such an easy way of making money, but don’t we know that that’s far from the truth. Wish forex trading was as simple as it looks at the onset...
I actually do not find trading currencies very puzzling to be honest. Like if you trade only those pairs that are positively correlated (like I am doing on oanda and fxview) then you can more or less predict and track the direction your trade is taking and likely to take in next few minutes.
It is simple and complex at the same time if you think about it. One minor decision in one part of the world creates a ripple effect that can change everything. I always equate trading to the butterfly effect.
That’s true. Demo accounts get boring and have nothing much to offer after a certain period. There are no returns either lol!
Yes, MACD works for me too. It really is the best when it comes to following a trend and I rely on this indicator a lot.
I’ve been trading demos for about 3 months now. Am I on the right track here? Or is it excessive time spent on demo trading?