tradingforx24's profile
tradingforx24

Bio:
My Name is Uwe, I'm 50 years old and I'm a Full Time Forex Trader.

Forex trading is no different than any other successful business - it is full of responsibilities, organization, money management, experience, structure and a great amount of will and power.

I began trading in 2004 using techniques created by others in hope that I would never have to work again. I was told that Forex was a place to get rich quick, I soon found that the so called “experts” that I was listening to knew less then I did.

Trading currency is not easy.

 I start reading every trading book and trading course I could find.

Trading is 70% psychology, 20% money management, and 10% method.

Today I trade my own method. My goal is to manage my money not lose it. Trading is not being in the market and hoping that I'm right. Trading is waiting for Market Maker to show his hand so I know that I'm right.

Becoming a full-time, independent trader requires you to have a certain personality. You have to be ready to face the solitude - working alone, being alone, eating alone most of the time every single day. It is definitely not as easy as it may sound. Some people find it extremely tough to be on their own for such extended period of time.

To become a full-time trader you need to set your goals, read ,learn , demo trade until your fingers feel numb, secure your finances for at least 6 months ahead and then leap into the real thing. Because, let me tell you something - living off forex is much better then any job out there!

Any question? Visit http://tradingforex24.com/

 


Trading Style:
Manuel an automatic systems
Motto:
Experience: More than 5 years
Location:
Vouchers: 0
Registered: Feb 21 2011 at 08:50
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Total Business Investment (YoY) (22 min)
EU May Markit Services PMI rises to 47.5 vs 4...(7 min ago)
EURUSD 1.2863 GBPUSD 1.50518
USDJPY 101.852 USDCAD 1.03778
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.