Thread: Moving from the Forex Action Market

I find your long -term actions interesting.The Forex is a constant opportunities market, but also of risks if you do not understand the dynamic.It is not as simple as applying what you learned in actions.I recommend reading * "The Art of Currency Trading" * by Brent Donnelly.He has good advice for those who already have experience in other markets and want to make the transition to Forex.

Moving from the Forex shares market is an important change, especially because Forex is much more volatile.The good thing is that you already understand systems, you just need to adjust your strategy to the nature of the currencies.I recommend the book * "Mastering The Trade" * by John F. Carter.It is not exclusive to Forex, but has excellent strategies applicable to this market.

It seems that you have a good approach to mechanical systems, but you should know that Forex moves much faster than actions, and systems sometimes need adjustments to keep up.A book that I think can serve you is * "The New Trading for Living" * by Alexander Elder.It has an interesting section about the Forex that can help you better understand the market.

It is a good step to change actions to Forex.Forex will give you more opportunities, but it can also give you more headaches if you don't know how to handle volatility.Leverage can be your best friend or your worst enemy.I suggest you read * "Forex Strategies: Best Forex Trading Strategies for High Profit and Reded Risk" * by Matthew Driver.