I am a novice player in Forex Market. I started trading without any background and lost some money. Then I decided to learn how to trade! Anyway, I studied some books (Getting Started in Currency Trading, and the John Murphy's Technical Analysis book, and a couple more). Eventually I registered in a Technical Analysis course through Canadian Securities Institute.
I've already tried to develop some trading strategies and tested them on InterbankFx plattform. Apparently one the strategies works well. I'll be done with the Tech Analysis course in 20 days from now but I'm still hesitant if I'll be able to really trade and make money in Forex. Could you give me some hints?
1. Is it really possible to make money for a living through FX market?
2. If yes, how long would it take?
3. Is there a chance that I manage to quit my daytime job and stick to FX market as my only source of income?
4. If yes, how long would it possibly take?
5. Is there some body out there that really makes over $100k per month through Forex trading? If yes, how? Can I reach that point the future?
Please help me to have a better understanding of the world that I'm into right now. I really want to stay and survive.
Thanks,
I've already tried to develop some trading strategies and tested them on InterbankFx plattform. Apparently one the strategies works well. I'll be done with the Tech Analysis course in 20 days from now but I'm still hesitant if I'll be able to really trade and make money in Forex. Could you give me some hints?
1. Is it really possible to make money for a living through FX market?
2. If yes, how long would it take?
3. Is there a chance that I manage to quit my daytime job and stick to FX market as my only source of income?
4. If yes, how long would it possibly take?
5. Is there some body out there that really makes over $100k per month through Forex trading? If yes, how? Can I reach that point the future?
Please help me to have a better understanding of the world that I'm into right now. I really want to stay and survive.
Thanks,