Hi guys,
I'm a newbie that wants to start trading with a live account.
However, the more I read about brokers and stuff, the more I feel that this Forex market is the hell on earth.
I'm a part-time poker player (not online) and full-time handicapper.
One of my bookies introduces me to Forex market and since then I’m spending about 4 hours a day doing research in order to find a decent broker.
With the bookies it's way easier. They are always against you but rarely they can change the market (decide the winner).
On Forex it looks like the brokers (Market makers, ECN/STP) they are going against you too but they are controlling the market and they can decide the winner.
Now, my questions are:
1. Why people are still trading?
2. How people are making their profit?
3. What is the best way to start?
4. What is the average profit percentage/month for the successful traders?
If there are people on this forum that can answer to these questions and can provide objective advises, I'm happy to read/listen/used them but please try to not start with "mfk they stole my money" or "I want to kill them" etc.
I like to know my opponents before I’m sitting at the table and here it looks like the game is fixed and they can see your cards. Is it true?
I'm a newbie that wants to start trading with a live account.
However, the more I read about brokers and stuff, the more I feel that this Forex market is the hell on earth.
I'm a part-time poker player (not online) and full-time handicapper.
One of my bookies introduces me to Forex market and since then I’m spending about 4 hours a day doing research in order to find a decent broker.
With the bookies it's way easier. They are always against you but rarely they can change the market (decide the winner).
On Forex it looks like the brokers (Market makers, ECN/STP) they are going against you too but they are controlling the market and they can decide the winner.
Now, my questions are:
1. Why people are still trading?
2. How people are making their profit?
3. What is the best way to start?
4. What is the average profit percentage/month for the successful traders?
If there are people on this forum that can answer to these questions and can provide objective advises, I'm happy to read/listen/used them but please try to not start with "mfk they stole my money" or "I want to kill them" etc.
I like to know my opponents before I’m sitting at the table and here it looks like the game is fixed and they can see your cards. Is it true?