Having previously worked for a bank's trading floor and with no offence, handling a 50k isn't going to make you wealthy. Banks do consolidate their positions with no warning, usually outside of regular economic/news indiors.

Forex isn't just a matter of finding/developing a egy or methodology, automatic or manual. You can account for approximately 80 percent of the market is going to do in either direction but this will still leave you short in regards to being correct all the time.

It doesnt matter if you a trading forex, stocks, commodities or a horse in the 3.00 pm at Lingfield. You're betting on an outcome. Some people are great at it but many aren't. Luck does play are part.

How many bookmakers or brokers do you know that go bust when compared with the individual punter/trader?

Bookmakers have the overround% and brokers possess the spread/opposite trade.

The chances are extremely much stacked against you as a relatively small retail forex trader.

If, but you are one of the lucky ones then arrange to observe some large trading floors and show them your consistence results for gt; 6 months, if you are lucky then they will give you a brief contract. I can guarantee you that you will learn a great deal instead of just considering charts. You may also, if successful possess a massive equity trading foundation.