I have the freedom to move to any part of the world, without having to worry about my job.
I also have the freedom to choose when to work, how to work, whom to work with, and also the freedom to choose vusiness to wear. Ken, enjoying a hot cup of tea after an awesome trade! So is Forex trading what you do full-time or is there something else you are pursuing? First of all, Forex does not take much of my time. I look at the charts for 5 minutes at 7 am, 11am, 3pm, 7pm and 11pm.
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I am also an Introducing broker for Hotforex. Great to hear Ken. Could you please describe a typical day in your trading life? I usually wake up at 6. So who do you consider to be a successful trader?
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A successful trader hrading one who…? One who keeps low draw-downs and has full confidence in his trading trrainers in a way that he can have TEN or even TWENTY losses in a row and still continue using the same strategy, which eventually makes him a nice profit. I once dabbled in Forex trading and I know that there are certain methods used in trading for example, fundamental analysis and technical analysis? What approach do you use to trade? I use only one indicator The exponential moving average with candlesticks on the four hour chart. Is Forex a high risk-high reward kind a thing?
Or does one need to be conservative in your opinion? Forex itself is not risky. Bjsiness trader who uses a 1: What are some of the typical trading mistakes that you see people making? Hopping from one system to another only brings losses and frustration. What advice would you give her? What are some things that she needs to consider?
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Jn much money should she invest? How much time? Is it advisable to take a busiiness to trade Forex? She should ignore all the internet noise about traders and marketers who have strategies that make millions overnight. Jane Doe should focus only on her Forex education. The good news is, you cannot be a beginner forever. However, in my opinion, a seasoned trader who has a proven strategy that is making consistent profits can take a loan.
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