hi all,first post and first week looking at the markets, and looking forward to a profitable learning curve,
i have been trading this week just using the current market trend pinching 2 - 5 pips a day which i am pleased with as i never even knew about this type of trading untill i popped on to this site,my background has and still is sports trading,so i have a few questions if that ok,if i place a bet on a team in sports and i win then someone else loses,is that how it works on the markets ? as of yet i havent even got into indicators and looking at some of even the basic strats on here it all looks a bit scary for a newbie like me,if there was only one indicator that you could use to determine to trade or not what would it be as i dont want to end up with a chart full of lines and things because in my raw state that would be information overload im afraid !!
so there it is fist post and the first of many questions hope any one can help me on this journey;
soon2be.....................................