
You can earn money in forex trading in the comfort of your home. I have been trading forex for almost three years, I blew my account twice, but I never quit. Finally I have discovered interest in forex trading, I use to trade small ever since I open an account in Marketiva. I am a self-thought trader and I do read alot of forex articles.
There are several brokers for you to choose. Some of these brokers are FXCM, GFT Currency Trading, MGForex, FXA, Forex.com, ACM, AlpariUK, to name a few. When you have chosen an account, you can start playing virtual money before you start to play real money. Practise trading virtual until you understand the basics of forex.
From virtual playing, you will slowly understand the direction of the forex market, I use to watch the charts moving, studying the indicators, moving average, parabolic Sar, Bolingar Bands and stochastics to guide my trading. Practise as you trade along as there are still a lot to learn to trade the forex market reading candlesticks and have your own strategy. Get a trading plan, trade the plan and do not risk more than 5% of your account. Always try to trade small as low as 1 % of your account, you will be safe. At present I am trading only 1 pair of Eur/USD. I am still not yet a good trader as I am still learning and studying the forex market. You can register yourself in Babypips.com to learn more on forex trading. Always put a stop-loss and a target for your position.
