You are really spending very much time in trying to develop a system.
What efforts are you doing in learing from pros?
There is so much FREE stuff on the net for you.
Did you go through the FPA's Forex Military School?
Forex Military School | Complete Forex Education by a Pro Banker -...
IMHO many traders make money in Forex, but they need a lot of effort, experience and discipline.
If you think that it is easy to make a lot of money in Forex fast, then you are wrong!
No there is no cut-off period, where a trade expires!
You can actually hold on a trade forever, as long as your account allows you to! It is a matter of Money Management. There are many issues you need to take into consideration before calculating how long you can hold a trade for (Leverage...
Forex can definitely be considered worldwide business.
Forex is legal, but the problem is with the regulation of some Countries. Many Countries do not have regulations about Forex Brokers and many scammers take advantage of this! Exactly for the reason that Forex is a worldwide Business, they...
It really depends on the system you are using. You have to test your system on a Demo, before you decide which hours are the best for the system you are trading.
It also depends if you have another job and if you have the time to trade in between.
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