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My name is Brian Kiely. I have made a living analyzing Foreign Exchange and Fixed Income markets for almost twenty years. Linkedin: http://www.linkedin.com/profile/view?id=51891987&trk=hb_tab_pro_top
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Forex For Anyone
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Forex For Anyone
  • Lesson 2 – How To Succeed In Foreign Exchange 0 comments
    Mar 18, 2013 7:02 PM

    If your mortgage payment is based on your intra-day trading on the second last day of the month, then the risks are insurmountable.

    In a dealing room of a 1000 traders and sales people there are only 5 or 10 guys on the prop desk. Now there is not even a prop desk in most institutions.

    There are still plenty of opportunities in the FX market for retail traders. Money can be made!

    But being a full-time retail FX trader is like dreaming of playing golf like Tiger Woods.

    It's a nice fantasy… but in many cases completely unrealistic.

    Lesson 2 - How to Succeed in FX… Get another Job…. The benefit to really clear thinking and insight, is not to be under too much pressure. A steady income will allow you make the most of your chances when they come along, as you trade FX as a second job or pastime.

    The easiest money you can speculate with, is the money you do not depend on.

    BRIAN KIELY

    Forex for Anyone.me

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