My success so far
Since I'm home all day, I take a quick glance every hour to see how the trade is doing. If the trade is up alot I move my stop loss up and stay in. If the trade is going down then I keep a close eye on it and possibly close the trade.
Here are the details of my trades for July:
07/02/07 Traded gbp/usd made $37.00
07/04/07 nzd/usd 3.00
07/09/07 jpy/usd -25.13
07/12/07 aud/usd 10.00
07/13/07 nzd/usd 13.00
07/13/07 aud/usd 12.00
07/17/07 gbp/usd 38.00
07/23/07 nzd/usd 172.00
07/26/07 aud/usd 19.00
07/26/07 nzd/usd -21.00
07/31/07 nzd/usd 53.00
So for the month of July I made $297.45 from my trades, and looking back adding in interest I came out with a total of $365.18. As you can see I didn't trade everyday. Two days I had a loss. But you know, $365.18 is good money for not really doing any work! As I learn more, and trade more, my earnings will increase. My hubby had a trade that earned $600 in only two days. So the potential to make great money is there, if you learn well and know what you are doing.
There are a lot of people out there who will tell you not to waste your time with Forex, you'll lose all your money blah blah blah.....
That is why you use a demo account till you get good at it...you won't lose a dime that way. Don't lose faith in yourself, don't listen to the negativity. Learn learn learn, and then apply that knowledge. You really have nothing to lose. :)