i was a former forex trader but in my country (Belgium) its now illegal to trade in forex.
I was after 2 years of trading getting proffitable.
Everyday i was learning.
And then Binary options, CFD's and forex was banned in my country.
That was a blow to me because i loved it and ok my acount grew to about 1000€ it wasnt that big but i was compounding and i was dreaming to get a pro in a few years. Not with 1K offcourse but this was me practicing with real money.
I was searching for a new product to trade. Stocks is to expensive (comissions,...) And someone told me about futures.
I am papertrading them now to learn because there are somewhat more things to think about when you are trading them instead of forex.
I am doing good in paper trading and now i am saving up to start live.
I hope to learn from others and maybe i can learn other people some things (who knows )
I have a lot of questions so see you on the forum.
I have been doing some research and interest in forex and Binary options . I was unto last few months in a regular job but now have more opportunities to learn from others and to share in this community. I found this site just by chance today. simply amazing. I look forward learning and communicating in this community.
Before last November, I did not even know what a futures contract was or that they even existed. I had just began my engineering management masters program when a friend from school found the ES and became very very attuned to reading that market, and many others at the same time. He obviously got me interested and I had to learn more about it. One of the first resources I was pointed to was Kewltech's blog. He really seems to have some great insight into how to technically trade. I started a free demo account through TDAmeritrade and learned to navigate ThinkOrSwim. Although I don't have much experience with other platforms, it seems to be a fantastic program for charting. It's pretty user friendly. I got to where I was paper trading most mornings before class. Due to not following my trading rules, my account would go back and forth making and losing money, but losing a little more often than making. I wanted to make trading my full time career right out of school, but between getting a great offer at a solid company and getting married right after graduation, I decided to actually go to work using my degrees I had just spent 4 years completing. I still plan to trade for a living sooner than later as I found analyzing data was not quite as glamorous as my company made it out to be. I prefer to be my own boss someday and am very excited to begin paper trading again now that I have my feet under me at my new job and with my recent marriage. It is nice to meet you all and I hope I can add some value to this forum as we all share knowledge.
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