Nanog

Good if you open a demo account first. I have been trading currencies for around 3 years. It's very difficult. Most people lose. I was lured by the promises of riches. You see them all over the net.....'Make 20,000 per month trading currencies'.....then comes the 'buy our system'. It's said that mainly the people who made money during the gold rush were those who were selling picks and shovels. I opened an account worth £500. I was clueless and didn't take me long to lose most of it. I now trade demo only when I have the time. I now know more about it but I am still not sure if I could make more than I lose. And even if I could would it be enough to live on. I have heard that some of the best traders make say 15% per year......I am not sure of the figure but it's not that great. So if you accept that, to make a living, you would need a pretty big account to begin with. When you find a strategy or method or whatever, you will invariably still lose. There are moves in the market which you won't be able to explain.....some might call it randomness. The 'trick' is to make your winners bigger than your losers. I know Laoshi you say that you have success but I am not sure about what you say concerning banking you winnings often. That goes against the maxim 'Cut your losses and let your winners run'. But hey, I am no guru.