Repetition and the ability to make decisions without "thinking" is what gives me confidence to trade the FX. The way I look at it is that you will never be 100% correct. As long as you give yourself the best probability of winning, then that is all you can do. It takes a lot of trust in yourself to trade the FX without emotions. That trust comes from repetition. Looking at charts everday and writing out an analysis. Coming up with trades and executing them. Try it..it's alot of fun. Sure it takes time, but nobody said this was easy :)

As far as keeping up with economic analysis, all I have to say is that I would rather keep an ear out on the overall economy than have to keep an ear out for 10,000 stocks! Fundamental analysis really only plays a big part in long term trading. I'm talking about year long positions. Sure you see spikes when news reports come out, but that is just a market reaction. The long term affects of a news report don't show up until you zoom out and look at the long term charts such as the weekly and monthly charts.

You don't have to be in the markets 24 hours a day to be good at it. I just happen to enjoy it. You could definitely be a successful trader just by looking at charts just once a day, or even once a week. You just have to educate yourself, test out your education on practice accounts, and if you can make money for at least 3 consecutive months on those accounts, then you should have the confidence to put real money down, as long as you TRUST your abilities and continue to do what is you are doing, without letting your emotions get in the way. Hope this long rant helps. Happy trading!

You should probably ask this question in the forums so you can get more opinions. Brokers usually have their own news feed and it's pretty quick so I like to use those.