A place for redditors to discuss quantitative trading, statistical methods, econometrics, programming, implementation, automated strategies, and bounce ideas off each other for constructive criticism. Feel free to submit papers/links of things you find interesting.
What is Two Blokes Trading? Two Blokes Trading is a fun and informative podcast and website for new and experienced home financial traders. It follows us, Tom and Owen, as we learn to trade profitably and consistently. We interview leading traders and trading industry insiders every week on the Podcast to give our listeners the best chance of becoming profitable traders.
I haven't been doing Forex for almost 2 years, ever since l lost a few hundreds. Are there any good sites for me to freshen up on my basic Forex? Or any person(s) to follow who can give a real-time update on.the market? I'm starting my Forex again in 2017, and hopefully, l'm not so emotional this time.
I started the babypips course but maybe forex isn’t for me
I’ve been working with stocks for about two years. I haven’t really been too involved besides small trades here and there, and trying to educate myself in it. I recently found forex and wanted to give it a try. It seems more difficult to me than stocks probaly are? I was mainly interested in leverage, but now I see how risky that can be. At the same time very profitable. Should I just stick to stocks? What I’m mainly looking for is to be able to leave my money without having to look at it, but also be able to make trades that can turn out to be very profitable. That sorta sounds like stock investing and stock options. Anyways. Idk the purpose of this post. I guess I’m sorta looking for a reason to continue with babypips or forex in general. Motivation. Or a purpose. I’ve understood everything thus far but am exhausted just 8 lessons in. I know the main benefits over stocks. More liquidity, 24.5, leverage. For those who did stocks, why did you move to forex?? And is the general consensus that stocks or forex is easier to learn?
I’ve been trading stocks here and there by using tips that I’ve learned off of countless hours of internet research and YouTube videos. My friend got interested in Forex trading because his friend said he made $1k in a day. I don’t believe in buying courses and I’ve told him that but he’s getting convinced on this because his friend bought a $300 course and uses some Forex program and ended up making that $1k a day. We are all 20 so $1k makes our mouths water, but my friend has absolutely no experience in any sort of trading. I know that most trading gurus make a lot, if not most, of their income from selling information so I don’t buy the idea that paying for a course will somehow have an impact on your trading abilities. I decided to join this Forex subreddit to see what any of your thoughts are. I’m pretty new to Forex as well so I’ll be sticking around just to learn. tldr; my friend wants to buy a course to learn Forex but I don’t think it’s a good idea because all the info is free on the internet. Thoughts?
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