lightclark
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A fairly easy start, IMO, is the SP500 or US Tech, which I think is Nasdaq In fact, I admit, it can be positively boring if you get a day like this afternoon. US Tech, with my SB dealer, has a spread of 3 points out of hours and follows the Footsie until the US open, when it has a 1 point spread and a margin of 20 pounds per 1 pound stake. I don't trade before 0700, myself, but it is a good index for beginner traders. Forex is a bit fierce and you can come back to it when you have practice. What you must do is not pay big money per point when you can get a pound, or even 50p. Conservation of capital when you are starting off is the main priority.
Just a suggestion. Good luck, whatever.
Thanks for the advice I was going to choose smaller moving indices but my SB broker, limits the per pip value quite high for the US tech and such, but EUR and GBP is 50p which is one of the reason i choose the EUR/USD and GBP pair. I am just a bit unsure, because for the past half a year it works pretty well........ entry was good, exit was good...... then this week changed everything..... so i dunno if i should fix the system or work on something different. And i had been paper trading for 1 year, then live trade for about half a year....everything was good til now.... and i use stochastic divergence and fab resistance/support level.... and strong news like these just like kick the stochastic div in the face.... or maybe i am just bad at it haha