My Forex learning process thus far

I've watched a few videos from the learning centre over the past couple of days and I'm really getting into these Range Breakout trades. I've got a couple of trades on at the moment and the week's been going well so far - it's Friday so not much of the week to go! We're up about 5% for the week which is pretty good, but still down for the month overall at this point.

One of the videos I watched this morning was on Grid trading. It looks really interesting and we're going to set up our grids on the currency pairs that we decide to use them on and do some Grid trading as well because the grid trading is done when there is no Range trades happening - so it will fit my trading plan really well.

It's funny - I've only been doing this for a few weeks, but what I've learned in that time is amazing. While I was watching the video this morning, I was thinking about when we first started to learn - it was all so overwhelming. Lots of terms and words that we had no idea what they meant! Outside of the comfort zone for definite -  it can be pretty scary spending money on something you know nothing about and then realising that you know even less than you thought!

But it doesn't take long to get a little comfortable as you learn the terminology and learn to place the trades and use the trading platform. I was thinking that with only a few weeks trading under my belt, I'm already starting (we both are) to get more familiar with the charts and what to look for.

I was thinking as I was watching and listening to the video, that as we learn different types of trades and indicators and patterns and the 'seeing' them on the charts becomes second nature - as all things do when you do them repeatedly - how that must affect trading success.

Listening to Lorrie (the teacher/trader) in the video this morning, I was thinking about how these traders that have been trading for years must see a chart in comparison to those of us who have just started - how they would have so much more idea from what they're seeing as to whether to place a trade or not and it's likelihood of success.

At the moment, we are going only on specific indicators that we have learned for one or two trades, but when you have the knowledge and experience of several trades and use that knowledge together for each different type of trade, then it builds layer upon layer to ensure much more success.

For example when a Zingo trade forms, we've got two or three candles going one way and then another larger candle heading in the opposite direction, the learning and understanding of Grids will help us to make the decision on whether to actually place that trade because the Grids will give more of an indication of the trade's probable success or failure.

It's exciting. I've (we both have) got so much to learn but it's a good feeling knowing that we will and we are. It will be interesting reading back on this in a couple of years.