I am 24 years old living in England and I’m currently looking at a career as a trainee trader in either the Foreign Exchange, Commodities, Futures or Stock Markets. I currently have personal debts in excess of 15K (GBP) and im looking at either taking out an (IVA) or claiming for a bankruptcy petition. Would either of these options hinder my efforts in looking for work as a stockbroker and if so what can I do about it??
Struggling to find any information on this, any help would be gratefully received. Thanks guys!
Yeah if I were you (which I’m not) I would pray to Jesus to heal me of my debt.
And, I would trade the Forex to pay it off. Of course, I’m a professional trader whos been doing it for 10+ years lol.
But you can follow my trade signals if you want, and maybe that might help, at: http://comefollowme.zulutrade.com
You can also get a good broker in England at http://www.etoro.com/B66_A29675_TClick.aspx
You’ll need some cash though to get started in the Forex. If you start with around 300-500 USD, you’ll need to trade a micro lot size (which is 0.01 standard lots) and not open more than about 3 lots at a time max, to be safe and not blow your account, and it’ll take hmm, a few years to pay off that debt at that rate unless you can add some more funds.
Whatever you do though, don’t overtrade out of impatience, and blow your whole account in just 3 to 5 trades. I’ve seen that happen, even with good strategies such as the ones at the link above, through impatience.
But yeah pray to Jesus, that’s the most important thing. Really I mean that. He can clear that debt right up for you. Don’t declare bankruptcy.
I am fairly new to forex trading. I work during the day so want to follow and trade a market that is active when I am at home in the UK.
What markets do you trade during the UK evening hours?
i spread bet the indices ,Hang Seng,Nikkei etc BUT only when its obvious that they are going to plummet and then make more money when the bounce occurs…
http://www.igindex.co.uk/
http://StockTips.Weebly.com
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I’d go with http://comefollowme.zulutrade.com/SignUp_Intermediate.aspx and then it will give you a long list of brokers you can use. For you, I’d select either FXCM.co.uk, or global.fxdd.com.
By opening your broker account through the link above, you’ll also get some additional features added to your account that those brokers don’t normally give to everyone, mainly, the ability to follow signal providers. If you are totally not interested in this feature, and you’d rather just use MT4 (or, if you’d rather BE a signal provider), you’ll need to go directly to FXCM.co.uk and set up an account with MT4 access. But then you won’t have access to the something like 8,000+ free strategies that you get access to by using the link I gave at the top. It’s up to you though. 
FXCM by the way would be my first choice, since they have no dealing desk. FXDD has a dealing desk, and their disclaimer says they make profit when you lose money, and they lose money when you make money, so watch out, because they actually want you to lose. That’s what a "dealing desk" is. Oh, and their disclaimer goes on to say, that their prices which they send to you are fabricated, and they can make the market appear to move against you anytime they want, and they can make the market move in different directions for different customers at the same time. Very scary stuff.
Both FXCM and FXDD are really big though, and both of them are compatible with signal providers, and both work with MT4 also.
EDIT: I don’t think MT4 supports 5 day charts.
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