Forex Trading New journey

Tonight me and my wife went to an introduction 2 hour Forex (Foreign Exchange) trading seminar (a form of spread betting) from Knowledge To Action (Greg Secker), the speaker Clive who came to tell us about it.

We basically learned; it is about:

• Risk management - only risk 1% of your capital
• Strategy & Mindset - controlling emotions (knowing when to take money, when to quit, when to trade and when not to trade)

My wife decided that she wants to learn and try out Forex trading . She has mentioned a few times that she has an interest in Forex, I think it is because she likes figures and numbers and looking at charts. Also since my wife will be starting her new journey very soon because she has taken voluntary redundancy from her job. It will be wise to learn from actual experts, before trying to trade as it can be very risky investment if you don't know what to do.

As my own main investment focus will still be property investment, but in order to support my wife's learning and her new journey, which becomes part of our new journey. We decided to use part of our cash reserves (which includes her redundancy pay) to go on the course together; my role is probably more of a supporting role but as we are learning together we should be able to discuss and make money this way as well.

Will be an interesting times ahead for us, so watch this space..!!