Hi everyone,
This is my first posting, therefore I thought to start off with the most obvious question: What strategy should a newbie be using when starting out on his forex journey?
I have spent thousands on a training course to be taught about pivot trading...don't I feel like a fool now after learning more about it free on the internet...but while everyone is recommending this strategy or that strategy, there isn't a whole lot of evidence to support any particular strategy e.g. test results.
My goal is to live off my forex trading. I'm looking for regular, consistent wins each day. I'm prepared to sit in front of the monitor all day, if necessary (at least until my wife decides otherwise...). I do, however, believe in 'layering' i.e. having a longer term, medium term and short term strategy in play at all times. I just haven't found the perfect strategy for me.
I've gone through various systems from various forums - the past 6 months has been spent reading, testing and losing...mostly losing, if truth be told!
I'm not an expert, I'm a learner. I'm here to learn from anyone willing to share their experience. I'm an (unemployed) accountant by profession, therefore I'm into statistics...I would appreciate greatly if anyone offering suggestions of strategies would offer some stats to support the success of the strategy.
I believe that Forex is the way forward for me and my family, and I'm 100% committed to making this work. I'll be eternally grateful for any assistance that the members of this forum are willing to offer me.
Thanks and Kind Regards
Colin