I'm a novice participant in Forex Market. I started trading with no desktop and lost some money. Then I decided to learn how to trade! Anyhow, I researched some novels (Getting Started in Currency Trading, and the John Murphy's Technical Analysis book, and a couple more). Eventually I registered in a Technical Analysis course through Canadian Securities Institute.
I've tried to create a few trading egies and analyzed them on InterbankFx plattform. The egies works well. I'll be done with the Tech Analysis course in 20 days from today but I am still hesitant if I'll be able to actually trade and make money in Forex. Could you give me some hints?
1. Is it really possible to make money for a living through FX market?
2. If yes, how long would it take?
3. Is there a possibility I manage to stop my day job and stick with FX market as my only source of revenue?
4. If yes, how long would it possibly take?
5. Is there some body out there that actually makes more than $100k a month through Forex trading? If yes, how? Can I reach there the long run?
Please allow me to have a better understanding of the planet that I am into right now. I really want to stay and live.
Thanks,