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How long you learn to be a professional and experienced Forex Trader?
Some people have said, it is very long 2-10 years Is it true?
I can not talk about the professional aspect, but I have been forex trading for a few years and I am slightly success, but it takes a lot of work and start a lot of money. I blew through my first account $ 5,000 in 2 months. Looking back, I realize that even if I thought I was good and make a killing, I have no idea. Over the past two years, I learned a lot and have developed techniques that work for me, but a lot of work – 20 + hours per week all I can read on the economy other countries and try to understand what the market is going to do in response to economic reports and news. It should really be on top of things and you must develop a strategy that works for you. I treat it as a hobby – something I can do to keep the brain active as I approach retirement. My goals are to make more money than I lose and continue its activities as long as I can do but to be honest, I'm more money in the stock market. The rich get quick schemes For Forex may sound good, but it is not for the average person.
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