Yeah right. Even I love this style of trading. However, it took me good time to learn this style. I would say beginners should stay away from it initially.
My advice is to trade pairs you understand. Instead of choosing a number of pairs, for the start its better to choose 2/3 pairs. You can try out any major pairs they are highly popular and volatile.
Its almost impossible to make a 10% profit on every day. And if its so, I would like to know what is that strategy that guarantees a 10% profit on each trade.
Among the sites i would say babypips and forexfactory are really informative. You ‘ll get to learn about the fx markets as well learn from people’s experiences.
Else, books are a great option for learning.
Yes it can help you however its better to have a plan B in place if it doesn’t go well with you. Plus like many have said already it need a lot of time and learning.
Yes its difficult for the start.. but with practice and experience you’ll be good. For making it easier you can test your strategies on a demo account before trading on a real acc.
But the crux is that you have to have to practice! Practice alone can help you master it.
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