There are two methods for market analysis. 1. Fundamental Analysis 2. Technical Analysis
Forex markets are closed during the weekend.
There is no maximum in the Forex market, you can trade any amount. Keep in mind however that there are maximum number of lots you can trade at streaming prices.
According to my knowledge ,as a newbie we should trade with small amount at first and then we can slowly increase that as per the traders experience and capabilities ,just we should proceed as per the trading environment so that we can be with the market trend always and thus can make the profit as per our target.
i give importance to every time frame even sometime 5m and 15m time frame help me to find good entry point so we cant blame time frames. some traders get confuse by doing analysis on multiple time frame cause different time frames mostly tell different story but they are equally important.
I made some profits from the my bonus this month, I withdrew it and take care of my needs. Actually I have in mind to re invest the money I have made from forex trading because that is the way we can actually get to become rich. But, it will not make any sense when we are re investing and have nothing to take care of our basic needs.
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