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7. Could I do this in tha evening time after 3????
8. Be sure to trade in smaller amount at first when you start like $10 or $20 to get started. Do at least 8-10 trades with small amounts until you are more comfortable then scale up. You need to be aware when the various exchages are open to trade as they are not 24/7 days. DO NOT PUT ALL YOUR MONEY IN 1 TRADE! This way you spread your risk over different currency trades. Remember not all trades will be winners but most will.
9. is there a specific time of day (gmt) that it is safest to place bids? or is this a stupid question?