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

[shanmugam83]

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.

[maxcuneo]

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.

[AshFX]

http://forexmoments.com/forums/fx-sc...forex-trading/

[MarinaBracken]

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.

[ForexGuy]

http://www.4xtraderslive.com/private-client-group

Will all due bias.

[Ifly]

Try babypis.com. Very useful site.

[awilcox]

agree, babypips is one of the best beginner sites there is.

[tjpatrick]

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.

[llinda]

If you are interested in Forex Robots, new and advanced robot

[adria]

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.

[jason]

There are so many educational sites available for learning forex. Even this is a good site to learn forex strategies apart from babypips.

[kimerald]

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.

[adria]

Yea, Baby pips is a good Site for the forex noobs as it gives free education and trading tips to all the traders.

[jakewalker]

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!

[kimerald]

Originally Posted by jakewalker

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!

[jason]

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.

[jackie101]

Originally Posted by jason

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

[adria]

Originally Posted by kimerald

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.

[shirley]

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.

[profit]

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

[fxPRtrader]

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.

[marrabel]

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.

[fxPRtrader]

Originally Posted by marrabel

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??

[leo68]

Hi everyone!!! I guess this can help you in your discussions... I found lots of interesting things here

[marrabel]

Originally Posted by fxPRtrader

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.

[martin88]

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.

[marrabel]

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!

[marrabel]

Thank you so much! I am very glad you share so many links with me!

[fxPRtrader]

Ok, no problem. Let me know if you need anymore help.

[marrabel]

Originally Posted by fxPRtrader

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!:)

[fxPRtrader]

Originally Posted by marrabel

Thank you! I will post you here when I know some new information or need the help! Great forum. many thanks!

No problem.

[Erickson]

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!

[dustin]

I've found it some days before and I do advice you to try it.

[Errol]

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 .

[lagri]

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...

[mehar20]

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.

[hotice]

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

[fxPRtrader]

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.

[Tradinger]

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.

[carter1]

Greetings

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