Short Term Trading Weekend Lounge: 2-4 Nov, page-64

@Zestfulmocha I noticed your interest in Forex trading. A couple of words about the subject if I may:

Yes FX trading suits traders with a solid TA skillset. However it also suits those with a strong FA skillset. Imo either/both apply and can be used successfully.

A word of warning though, FX trading is just as heavily manipulated as equities trading if not more so, especially since you are not dealing with a centralised exchange - if you are trading FX using CFDs then your broker is basically your exchange and for this reason the liquidity is not as deep as you may think.

Having said that if you have a disciplined approach and prepared to put in the time to learn the ropes (which will be longer than you think it takes) you can make good money from FX. Feel free to drop into the HC Forex forum - there is only a small group there and the posting traffic is not very heavy, but the quality of posting is good enough you will at least get a sense of some of the ways to go about FX trading.

Cheers, Sharks