Hi,
I wish to add not only trade the news is a fantasy.
Brokers have stretched the fence against traders.
Int US they´re pushing some new rules as the capital requirements to make traders feel some security.
But still is a non regulated market.
With terrific spreads, understandable leverage, price manipulation.
If you are really interested in trade forex you would have a few choices.
Choose a respected broker.
The problem is respected brokers does not allow micros or even minis.
Choose a regulated market to trade currencies, like CBOE.
The problem is the minimum capital you need to start. You can start with mini contracts but still you need more money to start than with in any other FDM.
Choose a system for long timeframes, but you still have the risk of price manipulation and the capital to start is not low.
Choose to use the common sense
.
Or do you think that 12 hour per day to make 20 bucks it´s fine?
When Columbus arrived to America (1492) the sailors did change mirrors and color things for gold with the native population.
Now you think you couldn´t do that, because today people is smart.
Really? Sure?
The worst blind is the one that does not want to see.