August 19, 2011
Has anyone out their ever used, and had great success with Forex.com trading currency?
By Planet Wealth
I’m just curious as to whether anyone out their has had fantastic successes trading currencies with Forex.com, if you’ve ever used it, etc?
Topics: trading tips | 1 Comment »
One Response to “Has anyone out their ever used, and had great success with Forex.com trading currency?”
Comments
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August 19th, 2011 at 10:21 am
Forex.com is one of the few legit forex brokers out there. I personally like GFT.com more (fantastic charting and excellent customer service).
Having said that. Very few people succeed in trading FX. Less than 5% last a year. Most ruin their accounts in the first 3-6 months, Some do it in a week. You may want to take a year to read everything you can on trading. Concentrate on money management, trading psychology and technical analysis. Most new traders only concentrate on technical analysis, that would be a major mistake. TA is only 35% of what you need to be successful.