Hello guys,
I did research, read a very good book and am currently reading more.
I traded a couple of weeks on a demo account and decided to go for it. I'm really enjoying it. Im not actually calculating and planning that much before trading, I am though, placing stop losses carefully and evaluating my position/ market data and charts.
Now I have a small amount available to play with and right now forex is just an extra income. I am Trading low for now to check it out (£1 / pip) but was wondering if any of you on the same situation that trade as a second / extra income trade aiming for say like 10- 40 pips a day at anywhere between £5 - £10 /pip looking for £50.00 to £200.00 profit a day ?
my aim is to turn £200.00 into £2000.00 ....insights ?
cheers
I did research, read a very good book and am currently reading more.
I traded a couple of weeks on a demo account and decided to go for it. I'm really enjoying it. Im not actually calculating and planning that much before trading, I am though, placing stop losses carefully and evaluating my position/ market data and charts.
Now I have a small amount available to play with and right now forex is just an extra income. I am Trading low for now to check it out (£1 / pip) but was wondering if any of you on the same situation that trade as a second / extra income trade aiming for say like 10- 40 pips a day at anywhere between £5 - £10 /pip looking for £50.00 to £200.00 profit a day ?
my aim is to turn £200.00 into £2000.00 ....insights ?
cheers
