New to FOREX and wanting to learn about it.?
Friday, July 23rd, 2010 at
7:17 pm
I am wanting to get into FOREX but I have no experience and no knowledge of the market at all. Where should I start or where could I learn about it or take classes for it?
Tagged with: Forex
Filed under: Learn Forex
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If you have no experience or education in the forex market you will have to be willing to put in the time and effort. The first step is to find a good broker and experience trading even if it is with small stakes. Then you need to learn as much as you can through internet tutorials and books. It is no use reading these resources without experiencing it as it will all be abstract. After some time and with the necessary dedication you will learn to make consistent profits in the forex market.
you came to the worst place for that answer. You’ll get answers from scammers. Many will make FX trading look easy & will imply that riches are just around the corner.
Hopefully you have at least 5 year of successful trading experiance behind you. Perhaps something easier like stock trading (easier and safer). If not… take a year & read a dozen books on the subject. Include books on trading psychology….. since that’s the most important aspect of day or swing trading.
To start… look at;
http://www.babypips.com
Here is your first lesson: the Forex market is for fools and people with too much money. You’re much better off investing in the illegal narcotics trade.
you may try and check your options in this site. it will lead you to a leading forex broker which provides free personal mentoring & consultation through a personal Account Service manager with whom you can speak live via phone, email, chat or personal meeting if you happen to live near any of their regional offices in the US, Canada, Europe, Australia, Middle East & Asia. simply open any of their account- mini, gold, platinum or vip to avail of the service. the site is also full of learning materials and tools for your education. for a start, you may download a free ebook to read and a free demo account for your virtual trading practice. all the best.
I agree with Common Sense.
Forex is not easy as people claims. It will require years of experience to make winning trades on a regular basis. If you have the patience I would suggest you start learning the basics from online websites or buy a good book on currency trading.
Take a good omline course ansd read as much as you can on it. Then take the first step and paper trade. Don’t just plunge in.
But forex can be profitable. I started a year ago and I’m doing fine.