I am looking for a mentor to help me out with Forex Trading. I mentor others in stock and option investments and am curious about forex but need some help to learn. PLEASE DO NOT reply with trading robots, I will report you as spam!!!! I am tired of the ads on here and am looking for legitimate help with transactions and charting. Anyone willing to help a fellow trader?

I’ve been trading for 4 years. The thing I can tell you for sure is that you don’t want to get involved in FOREX unless you have cash to lose. The reason I say that isn’t because you are guaranteed to lose money long term but you are sure to short term, while you are learning. I can go over the differences of FOREX to the stock market and the very important differences if you’d like.

You are so right about bots..NONE of them work. Sure, some can work short term but the problem for the programmers is that the FOREX market is so liquid that the market never stays the same for very long. A strategy that works solid for 6 months on a currency pair can suddenly throw off bad trade after bad trade. You definitely need a human at the helm.

My handle on FOREXTSD (The best forex forum) is CycleSurfer.

I don’t know what strategy you are planning to learn about or what time frame but here’s a look at one strategy that can be profitable in FOREX:

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What are the weekly days and times according to US Eastern time when the Forex trades open and close. I understand that Forex trades are for 5 days a week but what are the days and times when the forex trading starts and ends for 1 week ?

Forex brokers generally open trading on Sunday around 4-5pm EST and close trading on Friday around 4-5pm EST. The exact time of the open and close can vary by broker due to liquidity offered to them by the banks.

During that period from Sunday through Friday, the forex market trades 24 hours a day.

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