I decided to do some research and see if I can learn the market and currency exchange. So I opened up what they call a practice account with $10,000 dollars. This is a way to play with the market and get use to the trader program without really using your money first. Now learning the trader application was easy to catch on to. Making the right sell and buys is the important part along with understanding the charts and how news and events affects the market. Well I put together a strategy, using Expert Advisors, expert advisors are little custom scripts that run against the numbers and help tell you when to buy or not, or auto buy or sell. Learning the code for the MQ4 language will take some time, but I got the basic working. I also used an Indicator a friend from Russia gave me, It showed a downward trend with a bit upwards trend near the end of the period I planned to use. So I trusted my learning and the education I gave myself over the weekend and left the program running overnight. With the market closing at 5PM in New York, the $10,000.00 i started with was $12,057.65 by morning. I think I got the hang of this so I’m trying the real thing next week giving myself sometime to read up on this currency exchange a bit more just to ensure I did what I think did. .
Archive for the ‘Currency Exchange’ Category
June 20th, 2011 Comments off
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