I heard about forex trading around 2003 but started learning in 2006. Within the first few weeks of my adventure into forex trading I was very optimistic that I would buy a small Island within a very short period of my trading. I saw the forex market as a get rich quick business ( especially due to the way it was introduced to me).
Without any kind of basic training I was determined to make a lot of money: The chap who introduced me to it told me to buy when the market is going up and sell when it is coming down. I was very determined to do that to the later, little did I know that forex trading involves a lot more than buying when the market is going up and selling when the market is going down. The statement is not wrong but I was so naive that I misinterpreted the concept of buying when going up and selling when coming down.
I opened my first forex account and deposited a thousand dollars. I lost that account on my first trading day
Let me cut the story ( so that I won't bore you) I spent three (3) years researching. I was researching full time (everyday of the week, every week of the month and every month of the year for three years).
Within this period I came across thousands of indicators, trading systems, scams, etc. I also got a job with a Forex broker after my years of research ( I also considered this another research of some sort). At the end of 2010, I was equipped with all the details I required to start forex trading full time.
I state for the records that I trade FOREX full time with no extra job, and I am happy with how consistent I have become.
I mastered the art of trading trend continuation signals ( I mainly use HIDDEN divergence) and this has helped my consistency in trading. I will be sharing some of my trading tips in subsequent posts.
I forgot to mention that I got married after my years of research and God has since blessed me with 2 lovely boys .
Happy pips