Powered by Max Banner Ads
Forex trading and how to go about it from home?
Question by MamaB27: Forex trading and how to go about it from home?
Can someone explain in detail how forex trading can be done from home in order to earn some additional income? Too, what is involved or needed? How much is needed as an investment?
Best answer:
Answer by Common Sense
You’ve picked one of the hardest forms of trading to consider. There are brokers that will open an account for as little as 0.00.
I would take no less than 2 years to understand the basics of Forex and technical analysis…… before putting one penney into an account.
This can be very challenging. 96% of new traders destroy their account within the first 2 – 6 months. Most successful traders blowup their first account. Persistance, disipline and constant education may make this a rewarding pursuit.
try to read a new trading book every month…. for as long as you’re doing this………. CONSTANT EDUCATION!!!!!!!!!! Good money management & trader psychology skills are just as important as picking the right direction and stop.
What do you think? Answer below!
Tags: From, forex, Home, Trading, About