Currency Trading Tips
Is forex trader going to accept my application If I have a misdameanor?
I have a misdameanor larceny from when I was dumb and in High school My senior year It has been roughly one year and I want to trade forex but they told me they do a criminal backround check and they couldnt tell me what would happen they said just fill out an application anyone have a criminal record trading forex? also any other tips on trading forex with only 500 usd I have practiced and my profits are around 90 dollars a day = good/bad what can I do to make better. Also in the trading stocks around 2 oclock you will see a dramatic change in stock levels how about in forex what time In the day is the currency going to drop the most?
Here’s the bottom line;
Paper trading means almost nothing in Forex Trading.
(people don’t chase stops in a virtual world)…. you don’t act the same in a virtual world.
95% of all new FX traders lose their accounts in 3 months or less.
Do trade FX if;
You have used and understand “technical analiysis” for over a year.
Have traded stocks (not invested… traded) for over 5 years.
Can afford to lose 100% of what you invest.
Have you spent the last year reading at least 6 serious books on trading FX?
Do you understand “position sizing”?
Do you have an exit plan before you take a trade?
Currency Trading Tips : Currency Trading Tutorial
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