Forex is tough and highly volatile, as well as capital intensive.
Some years ago I dabbled in it, had some success, but it takes so much energy and focus and time that it wasn't for me over the long haul.
As was said above, you can get wiped out in an instant.
As far as trading goes, Forex is requires a very high tolerance for risk, and you need to be extremely knowledgeable about current events.
I basically couldn't even step away from the computer while I had an open position, things change very quickly with very fine margins.
If you want help learning about Forex, this isn't going to be the best place. There are numerous blogs on Forex that will be great resources, with far more info than can be provided here.
Some years ago I dabbled in it, had some success, but it takes so much energy and focus and time that it wasn't for me over the long haul.
As was said above, you can get wiped out in an instant.
As far as trading goes, Forex is requires a very high tolerance for risk, and you need to be extremely knowledgeable about current events.
I basically couldn't even step away from the computer while I had an open position, things change very quickly with very fine margins.
If you want help learning about Forex, this isn't going to be the best place. There are numerous blogs on Forex that will be great resources, with far more info than can be provided here.
Americans are dreamers too