I teach my students to do the same. To be long term profitable you need to understand the core of the market and who controls it Banks, hedge funds, institutions, governments and why and how they use. Checkout Nial's Professional, trading Course here.
Can You Really Make, a, living, trading, forex?
Aspiring traders often ask me whether or not its really possible to make a living trading the Forex market. The daily chart gives us enough trade-worthy setups each month to be able to make consistent money, while at the same time filtering out a lot of the random and less reliable trade signals of the lower time frames. That is all there is. And then it can become a full time job. You simply have to learn what you need to do to become a consistently profitable trader, and then. Recommended Article: Why Trading Stocks is Harder Than Trading Forex. However, not everyone has the stomach for trading or the knowledge to be successful at trading. For those who want to trade Forex regularly, the Dollar can do quite well. Meaning, you will get a much clearer, accurate, and more relevant view of a markets price action on the daily chart than you will on any time frame below. Thanks alot for your help in sharing these lessons with legitimate work from home jobs for moms 2018 others.