Trader member 7
Thank you for your support. Making the first step to quite daunting for a newbie.
Being time poor due to work commitments, I am trying to get started with a trade method I can set, leave and then check later in the day. Only looking to use a demo account until I gain a bit more of an understanding as to how and why this method works.
I am presuming this for the London session, so order should be set before 7am each morning.
Good luck to anyone else trying to make this Forex thing work.
Not a problem, Clarkie.
It is difficult to focus on what you need to learn while having to work another full-time job. I was extremely fortunate when I first started out in that I was able to spend my time doing full-time research. That singular fact was an enormous boost for me. The more you can focus the brain, the better it works on solving problems and deriving creative solutions.
Keep cracking as best you can and try to be as disciplined around the house as you can. Family, if you have one, really does need to have an agreement with you about your study time and be ok with no disturbing you when you at work. They will need to understand that what you do at home, is equally as important as what you do in full-time job.
If Family won't respect your at home work schedule, then it will be very difficult to find the focus. So, try to work a deal with them to keep the peace in the house - there is nothing more precious than having Family Peace and Family is always more important than Career.
If you are single, then the same holds true for friends that like to pop-over unannounced or phone calls that interrupt your train of thought. You need to work out deals with people so that they know you need time to work at home. Having time to focus on this stuff is extremely important because it is what enables creative thoughts to flow. Without the creativity, you will end up like so many others - stuck in a mediocre rut, unable to get out and never understanding WHY.
Focus and Creativity is the WHY. There are tons of cool ways to trade the currency markets and many of them will emerge in your mind during the most creative periods which come through having the time to focus on problem solving.
All the best.