Finally, I signed up for a foreign exchange trading account. This will now be another source of income. In addition to the income that I am getting from trading stock options.
You might ask, why do you need to trade in FX when you are already trading stock options? Well...the answer is because, FX trading is simpler than stock options. With a solid trading plan and risk management discipline, it is easier to trade FX by watching a handful of currency pairs.
For those who want to improve in their technical analysis in trading FX, I recommend that you read this book from John Person. His concept on pivot points in combination with candlestick analysis is very powerful and will make very objective trading decision.
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