RFLMAO! Who gave you a month of training and will have you trade on a simulator? I'd like to know who is responsible enough to do that. I just lost my job after working at Titletrading for 3 months. After I told them I had developped my own method, they showed me how to use the platform for a couple of days and told me I could do what I want. On one hand, I appreciated the fact they allowed me time to develop my ideas further but the no training thing is something I found rather bizarre and against their own interests. I do have respect for them for giving me a chance, but I doubt now I'd want to trade in an environment where you can hear people yelling loud enough at their monitors that you can't hear yourself concentrate. Or, even the fact that merely trading someone else's money gives you cold feet on some trades you miss because you're thinking you might be taking too much risk so you miss a good trade. Then you end up taking a quick profit on another trade that went farther in the same direction just because you wanted to guarantee a profit.
I learned A LOT from the 3 months I worked there and my preparation before working there. And I learned more after losing my job there when I re-examined my ideas with various parameters, time frames and markets. Funny thing is, after reviewing my ideas, I ended up with ideas that are similar to a book I'm currently reading called "Forex Patterns & Probabilities" by Ed Ponsi. I think there's a simplicity and elegance in his methods that hides the true intelligence behind his setups. (I'm saying this because I've looked at all kinds of different methods. I even tried looking at fading some methods I thought didn't work well.) I'm currently in the process of applying for a Forex account because there are NO trading gaps in that market except for weekends. Sure, you can have swift movements in both directions on a Fed announcement, but the continuous moves make it much more realistic to use 30 min., 45 min. or 60 min. charts.
It's kind of weird how my ideas went from six months trades to day trading in a prop firm and then more into a kind of swing trading kind of style. I didn't really feel like saying that because I think if those people read this, they might discriminate against people who have read about swing trading. I told them swing trading interested me when I did the two interviews and they didn't want to hire me at first. Then they read my message here that I didn't get the job and gave me a chance. If they do read this, I think if I would have had maybe one more month I think I would have had a chance to make it as a day trader. However, I think it was necessary for me to take a break from trading for a short while to re-think my ideas. So, getting laid off from that job I think permitted me to develop my ideas far enough to give me the real potential to make it. Anyway, after this long learning stretch of mine, I think I may have "found a home". I mean the idea of trading currencies on 45 minute charts.
As far as day trading goes, I would look at the Nasdaq.com website and click on "economic calendar". You'll see when important news is about to come out.
On a side note, I read a comment from David Nassar that Robert Colby's book on technical indicators can save you years of work. I just ordered that book and a Forex book by Kathy Lien. She's considered to be an expert on Forex.
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