Thread: Closed: Discuss EUR/USD News with a DailyFX Analyst

Originally Posted by Sean Hyman

haha, well I've been trading markets for over 17 years now (forex for probably 6 years now). Done well but still learning more each and every day.

Becaue you have been a trader for a long time. You should write some good&bad experiences in trading and also in technical analysis so that we can learn your experience.
Thanks

Originally Posted by Sean Hyman

haha, well I've been trading markets for over 17 years now (forex for probably 6 years now). Done well but still learning more each and every day.

I have 20 years old and I don't know if you believ me but I start trading around 5 years ago. I started to trade on our romanian market together with my father (he began in 1996) and aprox 4 years ago he discovered forex market and i stay near my father. I learned a lot of things from him, but now i want more

Originally Posted by Dimake

I have 20 years old and I don't know if you believ me but I start trading around 5 years ago. I started to trade on our romanian market together with my father (he began in 1996) and aprox 4 years ago he discovered forex market and i stay near my father. I learned a lot of things from him, but now i want more

So you started trading when you were 15 years old? If so, thats awesome. i WISH i started trading that young.

Originally Posted by dhan1163

Becaue you have been a trader for a long time. You should write some good&bad experiences in trading and also in technical analysis so that we can learn your experience.
Thanks

As you follow my posts and my charts, you'll end up learning what experience has taught me...because you'll see my gently try to correct mistakes that many newer traders make.

If they pick up on them, it will likely change their trading results dramatically over time.

Originally Posted by FXTA

So you started trading when you were 15 years old? If so, thats awesome. i WISH i started trading that young.

Yes I started trading at 15 years old, lucky for me my i have a great dad :P

Originally Posted by Dimake

Yes I started trading at 15 years old, lucky for me my i have a great dad :P

Very good. I never grew up with my dad but i will teach my kids how to trade early, When i have them lol. Overall awesome you started so young.

Originally Posted by FXTA

Very good. I never grew up with my dad but i will teach my kids how to trade early, When i have them lol. Overall awesome you started so young.

Yea it's cool and also I am at college called "finance banks, insurance and stock exchange", I really like this domain and i love forex to madness :P
And sorry for your dad

Originally Posted by Dimake

Yes I started trading at 15 years old, lucky for me my i have a great dad :P

So how many years you have been trading? what is the best advice you give new traders?

I wish I started that early

Here is another awesome advice from Thomas, worth reading and understanding (to go short focus on the weak, to go long focus on the strongest)...very true...the trend is your friend

DailyFX - Top Movers

Originally Posted by Dimake

I have 20 years old and I don't know if you believ me but I start trading around 5 years ago. I started to trade on our romanian market together with my father (he began in 1996) and aprox 4 years ago he discovered forex market and i stay near my father. I learned a lot of things from him, but now i want more

Fifteen? you beat me ... Great thing that you could benefit from your father's experience in trading. Go on this way. My relationship with mine is quite the opposite

BTW i forgot to introduce myself.

Im 18 years old. Started to trade one year ago (at the age of 17). Im French and I study political science in University Lyon 2 as the equivalent to a sophomore/junior.
Im graduating next year and I'd like a lot to escape from university and enroll in a more prestigious school, the LSE in particular, and study european or international affairs. But it's on condition that Im accepted. And if im not, i'll just stay in university. French universities are quite awful compared to the american ones. Except extremely good teachers, they have no financial means. Risky plan, but i don't care as im still young enough to triple graduate
Im applying the same rule as in trading : keep panic away from you ^^

I would've liked to study financials for my master's degree to become a professional in trading, but i won't be able to with my graduation in political science unless i find an equivalence, but i don't think this is possible even if next year i begin a second undergraduate program in economics.

As for my trading experience, until late july I had lost half of the capital of my account. Emotions are the problem. I then kept away from my real account and began to trade on demo accounts to gain experience. I've been trading for real again since october 2009, and im still currently recovering from my previous losses. I think i finally crossed a gap in trading - i hope.

Here you are

I am a firm believer in education... but I myself have a degree I don't use and know many people who do. Nothing can replace actual experience. That is my best advice. If you can afford to go to school and not put yourself in debt and also truly want to be there (most 18 year olds just screw around in college) I say go for it. But if you take the money you would spend on school and invest it properly... you could go to school in your 30's and be living a good life!

Just giving you an angle most people don't want to say.

Originally Posted by 4xtr8ter

I am a firm believer in education... but I myself have a degree I don't use and know many people who do. Nothing can replace actual experience. That is my best advice. If you can afford to go to school and not put yourself in debt and also truly want to be there (most 18 year olds just screw around in college) I say go for it. But if you take the money you would spend on school and invest it properly... you could go to school in your 30's and be living a good life!

Just giving you an angle most people don't want to say.

You do not know that when you are 18...you parents tell you to go to school
graduate and get a job...you go for it...by the time you are mature enough to think on your own, you discover that what you enjoy in life is not what you make your living from and you go searching...

But your parents know better than you lol

But if you are not successful in trading...then you end up with nothing...not a good idea from a risk/reward ...etc

Originally Posted by 4xtr8ter

I am a firm believer in education... but I myself have a degree I don't use and know many people who do. Nothing can replace actual experience. That is my best advice. If you can afford to go to school and not put yourself in debt and also truly want to be there (most 18 year olds just screw around in college) I say go for it. But if you take the money you would spend on school and invest it properly... you could go to school in your 30's and be living a good life!

Just giving you an angle most people don't want to say.

For information, tuition fees in french universities are € 171.75. It changes many things. And i know that spending too much time studying is kinda waste of time. Actually, except lectures and the subject, it's quite boring in my opinion.
But like adam said a bit roughly as I've been being quite autonomous from my parents for quite some time: at 18, you're telling yourself 'How come would I get finally hired in trading or in FX jobs if i can't provide any academic background?'

Originally Posted by adam6655nyc

You do not know that when you are 18...you parents tell you to go to school
graduate and get a job...you go for it...by the time you are mature enough to think on your own, you discover that what you enjoy in life is not what you make your living from and you go searching...

But your parents know better than you lol

But if you are not successful in trading...then you end up with nothing...not a good idea from a risk/reward ...etc

Yeah, I'd always get the education too even if the "end goal" was to be a professional trader. Always best to have something to fall back on...a "plan b".

It's good to have that for your wife or for your kids.

It's good to invest 4 years (or 6 in the case of a master's degree) to help to ensure your next 30-40 years of employment have a brighter future, I say.

Originally Posted by AjsooOO

For information, tuition fees in french universities are € 171.75. It changes many things. And i know that spending too much time studying is kinda waste of time. Actually, except lectures and the subject, it's quite boring in my opinion.
But like adam said a bit roughly as I've been being quite autonomous from my parents for quite some time: at 18, you're telling yourself 'How come would I get finally hired in trading or in FX jobs if i can't provide any academic background?'

Education is important, it opens the world to you and it is an insurance policy just in case if you are not smart/lucky enough to start your own business and go enjoy your life. you can always use your degree to get a job. but being successful in life as a person has nothing to do with education (I have met highly educated people and have no respect for any of them, and I have met great people with no education) it is what you make out of yourself and your life that qualify you to be a good person or not.

I always laugh at people hanging their degree on the wall (mine is in a box, never looked at it since I got it) who cares. it just proves you know how to answer questions or perform better on a test but look at all those failed companies last year, who was running them when they failed? people with their degree on the wall lol.