How does Trading Work? I can say you that take a look at this site ( http://forexsignal.kyma.info ) may be it can help you. It 's one of the best course about trading. It seems like Trading is almost totally based on Macro-economics. It also strikes me that since there are not nearly as many currencies as there are stocks/bonds/derivatives etc etc, there must be a large number of market players in each currency bracket. So logically, currencies must be very liquid true? Also, what is the risk of Currency trading, high or low? When I read the business section every day I notice that the Canadian loonie moves hardly a tenth of a cent on a regular basis (in comparison to the US dollar). So it seems like theres very little room for growth in currencies unless you leverage. On that note, whats the maximum leverage permitted for forex trading. I know in stocks its x2, and in derivatives its x10. Anyway the only way to know how to start a profitable buisness is by following some methods like the one that I suggested.

Do you mean strategies like defined risk or undefined risk? Which is "best"? Can you define risk?

The answer to your question is that it changes with market conditions.

What's your time frame and risk level? What are your resources, knowledge and experience? Do you have a trade plan? Have you read your first book?

You want us to build it from the ground up? This isn't a teaching site in this little box. What is it you don't understand? What have you done? or tried?

Some traders spend their entire career testing strategy and indicator. The "best" one for you is the one that trades and tests well from your trade plan. Good trading strategy is universal. Nobody has a crystal ball.

Do it the way Warren Buffett does it.

While the financial markets are very intricate systems, determining the best components of a successful portfolio does not have to be. Investors are familiar with the saying, “buy low, sell high” but this does not provide enough context to make proper investment decisions. Every investors dream is prior knowledge of the direction of the market before it happens. Read more: http://iknowfirst.com/the-big-data-solut...

Don't "trade" - invest!

diversify your holdings, do not put all your money into one industry