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where is the best place to learn about the FOREX market to become a trader?

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  #1  
Old 11-12-2009, 17:31
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Default where is the best place to learn about the FOREX market to become a trader?

Forex is traded much like any other financial instrument, using a combination of fundamental and technical analysis.

If you'd like to learn how to become a successful forex trader, consider a professional forex training course. FOREX.com is pleased to offer multiple forex training options that teach investors how to:

Understand the logic behind Forex trading
Recognize market trends
Develop a forex trading plan
Utilize tools to help you manage risk
React to major economic events impacting global currencies.
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  #2  
Old 13-12-2009, 09:51
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I personally advice you to educate yourself fully before you try to get started. there is plenty of information available on the internet and in bookstores. by educating yourself thoroughly, you will be able to trade confidently and successfully.
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  #3  
Old 14-12-2009, 01:09
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http://forexmoments.com/forums/fx-sc...forex-trading/
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  #4  
Old 30-12-2009, 07:48
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Default Forex Robots

I have some knowledge about Forex Trading and Forex Robots......Forex robots are the computer programs that trade in place of a human trader. Trading signals and built-in trading systems help it to work independently. Integrated signals allot a robot to pick on the perfect time to buy or sell a currency pair, while the systems help the actual trading process.Forex robots are admired by new traders who don’t have proficiency about forex trading. These powerful trading robots are well accepted because they literally make money. One can continue trading through his robot while he is busy in his other works. Thus it is best for users to optimize time and capital.
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  #5  
Old 01-01-2010, 17:17
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http://www.4xtraderslive.com/private-client-group

Will all due bias.
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  #6  
Old 15-01-2010, 06:16
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Try babypis.com. Very useful site.
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  #7  
Old 15-01-2010, 14:32
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agree, babypips is one of the best beginner sites there is.
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  #8  
Old 17-05-2010, 19:50
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babypips is definitely good site.Other site that is very good for starting out is makemoneycurrencytrading dot co dot uk. They offer free training and free webinars. They are also one of the only companies I have seen that run a live portfolio based on their trades so you can see they are actually making profit.Most wont put their reputation on line like that.Their strategy only take 15 mins a day which is good for people with jobs and families .Those two resources are probably best for starting out with as they can get you up to speed for free.
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  #9  
Old 08-06-2010, 12:39
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If you are interested in Forex Robots, new and advanced robot
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  #10  
Old 09-06-2010, 11:31
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There are so many blogs, Ebooks and web pages where one can learn forex for free. But apart from throritical knowledge, demo accounts are of great help to understand actual Live trading. I think one should practice demos atleast for 3 months before starting Live trading.
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  #11  
Old 17-06-2010, 15:20
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There are so many educational sites available for learning forex. Even this is a good site to learn forex strategies apart from babypips.
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  #12  
Old 30-06-2010, 06:32
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I just found this site yesterday and was pleased to see a section for learning forex. I went through the learning section of babypips.com but I still want to learn more. Just opened a demo account to see how it goes.
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  #13  
Old 01-07-2010, 06:57
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Yea, Baby pips is a good Site for the forex noobs as it gives free education and trading tips to all the traders.
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  #14  
Old 13-07-2010, 20:17
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If you are interested in my experience – I can share it with you. There is no need to learn a lot of theoretical stuff. For example, I'm using a robot for trading, as others do. But I've heard that there are a lot of problems with installing them, so, there are some hints in my signature about how to install it. Try one of them - just try and make your decision. Have a nice day!
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  #15  
Old 14-07-2010, 07:42
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Quote:
Originally Posted by jakewalker View Post
If you are interested in my experience – I can share it with you. There is no need to learn a lot of theoretical stuff. For example, I'm using a robot for trading, as others do. But I've heard that there are a lot of problems with installing them, so, there are some hints in my signature about how to install it. Try one of them - just try and make your decision. Have a nice day!
isn't it much better to learn the skill instead of relying on a robot? I really think that learning how to trade through hard work will make a trader succeed in this business.

Have a good day!
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  #16  
Old 14-07-2010, 10:13
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You can start to visit a couple of free websites like forextopten.com/forex-articles.html, forexinblog.com or freeforexebook.org.

Then you can purchase a system like supraforex.com or superforexsystem.com.

No matter if you purchase a system or develop your own, you need to practice on a demo account so that you learn to trade without risking your money.

Good luck.
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  #17  
Old 17-07-2010, 18:03
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Quote:
Originally Posted by jason View Post
There are so many educational sites available for learning forex. Even this is a good site to learn forex strategies apart from babypips.
Right buddy. Some of them are:
http://g3forex.com
http://traderealcurrency.com
http://realtradingonline.com
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  #18  
Old 22-07-2010, 05:57
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Quote:
Originally Posted by kimerald View Post
isn't it much better to learn the skill instead of relying on a robot? I really think that learning how to trade through hard work will make a trader succeed in this business.

Have a good day!
I agree. Its better to know the technicalities and concepts of forex so that we can trade the best currencies. In order to trade in the currency market, it is quite important that the individual be well versed in it. It may not be very easy for many. You have to review the market 24/7 to strike a good deal.
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  #19  
Old 25-07-2010, 09:15
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You can learn the basics of Forex by simply following the below mentioned tips:

Sign up for a free practice account at the Forex website. Make virtual currency trades using your free practice account for thirty days. Continue to follow the market as long as necessary for you to understand what you know and what you don't know.

Get tips and tricks delivered to you mailbox by TopForexReview. Get news feeds or alerts on topics that may affect the currencies that you are considering trading. Start with only a few currencies, so you can keep track of changes and the possible causes.

Join one or two forex traders forums and discuss the trends, problems and traps in the industry. Ask questions in the forums. Most users are friendly and helpful to newbies. Benefit from other people's experiences and develop your game plan before moving forward.
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  #20  
Old 01-11-2010, 08:12
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Forex is traded much like any other financial instrument , using a combination of technical and fundamentals analysis .
more you get from here
http://www.forex.com/learn.html
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  #21  
Old 01-11-2010, 11:22
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Hey there, I am brand new to this forum, but I have been trading for over 5 years now. For me personally, I learned the most useful information from Nial Fuller tons of good and free information on his site about price action trading. Also, babypips.com is good, as well as investopedia. Trading is mostly psychological, so stay away from the complicated indicator based systems and other nonsense.
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  #22  
Old 02-11-2010, 08:48
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There are a lot of information in the Internet which is accessible and which is absolutely free. Different books and sites which are intended to teach you how it is correctly to earn on Forex.
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  #23  
Old 09-11-2010, 20:40
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Quote:
Originally Posted by marrabel View Post
There are a lot of information in the Internet which is accessible and which is absolutely free. Different books and sites which are intended to teach you how it is correctly to earn on Forex.
I agree, there is a lot of information on the internet about forex trading, what website(s) did you find most useful marrabel??
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  #24  
Old 10-11-2010, 16:21
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Default Need your attention!!! Please :)

Hi everyone!!! I guess this can help you in your discussions... I found lots of interesting things here
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  #25  
Old 12-11-2010, 13:15
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Quote:
Originally Posted by fxPRtrader View Post
I agree, there is a lot of information on the internet about forex trading, what website(s) did you find most useful marrabel??
This one helped me much.
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  #26  
Old 15-11-2010, 15:04
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Default wow!!!

Greetings to everyone!
First of all I'd like to say thanks everyone for such a useful information you provide and I would like to ask you fro an advice...
During my studies I've found a web page that seems interesting for me, but I don't know if I can trust it or if it is worse being used.
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  #27  
Old 22-11-2010, 14:32
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Thanks for sharing. I am very interested in all this. In spite of the knowledge I possess, I an still in the process of studying, because it is very good to know more things about the trading. If you have more links, share them with me, please! Many thanks!
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  #28  
Old 25-11-2010, 18:08
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Thank you so much! I am very glad you share so many links with me!
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  #29  
Old 02-12-2010, 21:36
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Ok, no problem. Let me know if you need anymore help.
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  #30  
Old 03-12-2010, 11:16
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Quote:
Originally Posted by fxPRtrader View Post
Ok, no problem. Let me know if you need anymore help.
Thank you! I will post you here when I know some new information or need the help! Great forum. many thanks!:)
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  #31  
Old 07-12-2010, 01:44
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Quote:
Originally Posted by marrabel View Post
Thank you! I will post you here when I know some new information or need the help! Great forum. many thanks!
No problem.
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  #32  
Old 04-01-2011, 15:29
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Quick update guys,
The Forex Overdrive has been outperfoming all the other robots. It is really stockpiling huge gains over 100% on a Real Money Account. Amazing or what!
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  #33  
Old 01-02-2011, 13:09
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I've found it some days before and I do advice you to try it.
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  #34  
Old 02-02-2011, 07:45
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Never indulge yourself into a business to which you are completely unknown .
You better know its glitches first and than start it buy your own .
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  #35  
Old 08-02-2011, 14:08
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I know it's hard to start without any special education BUT!!! I've found some extra help for those, who doesn't have any free time for tones of books and internet serfing...
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  #36  
Old 11-02-2011, 07:03
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Default forex trading

I know it's hard to start without any special education BUT I've found it some days before and I do advice you to try it.
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  #37  
Old 14-02-2011, 14:55
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Default Always Lower Your Trade Size When You’re Trading Poorly

All good traders follow this rule. Why continue to lose on five lots (contracts) per trade when you could save yourself a lot of money by lowering your trade size down to a one lot on your next trade? If I have two losing trades in a row, I always lower
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  #38  
Old 03-03-2011, 00:49
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In my opinion the best place to learn how to trade, I learned from his price action trading strategies and it had really helped me see the market clearly.
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  #39  
Old 24-03-2011, 18:29
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I think the best way is still a forex broker demo account and a good mentor that can help you out. Of course you need the basics first before you start with a demo account but this shouldn't be a problem at all with all the great education material on the Internet.
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  #40  
Old 07-04-2011, 12:17
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Greetings

Try to type in google Anna Monti or forex freebot. I think it'll be interesting for you
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