- Forex trading is a high-profit model that can be operated with little money in the account. Be sure to practice with the least amount of money. A platform where you can open a $ 500 account. Just invest $500, no more. From a trading system perspective, as long as your capital is not enough to affect the market, you cannot make money at the $500 and $50,000 levels. Like two peas in a mini account, 0.01 is the first. So, after the money is spent, it’s just the difference in the number of jobs. The operating model, including the way funds are managed, can be exactly the same. Practice with a small amount of money first to avoid the impact of overinvesting on your life. Survival is the most important thing.
- Add more groups, no matter what group, what kind of single group, customer group, just add it and see the various forms of sentient beings in it. See what other people are saying, see what the veterans are saying, see what the so-called teachers and experts are saying. After a while, you gain an understanding of the industry and people in the industry, which can speed up your progress.
- Read more and practice more. No career can be successful casually. To make money, you need to be in the top 5%. It means you are the best in the industry. achieve these results. You have to pay a lot. be ready. whatever you do. It takes a lot of hard work to be in the top five percent of the school, the city, the country, and the world. Not to mention 10,000 hours of expert theory, at least 5,000 hours.
- If you read books, I recommend Murphy’s technical analysis of the futures market. Victor’s Principles of Professional Speculation. Crowe’s Talk Futures Trading Strategy. Livermore’s memoirs of a stock hitter. Qing Ze’s ten-year dream. There is also a series of books by Wei Qiangbin.
How to be profitable in foreign exchange trading
