| Learning about Forex can anyone give me some tips?

Learning about Forex can anyone give me some tips?

nahmas_2006 asked:


I would like to start trading currency. I am just going to start with a small amount and see how it goes. This is all new to me so any tips would be greatly appreciated.
Thanks :-)

Related posts:

  1. When selling a currency pair, what order do I use to take profits? tim_b44510 asked: I am reading and learning forex trading using...
  2. How does one go about learning how to trade currencies? heavy_d65 asked: I would just like some information on trading...
  3. What is the best free forex tracking program for technical analysis? lxvnrsw asked: I’m just starting forex trading and was wondering...
  4. Why trade Forex? ahefner_33 asked: Hello. I have been studying for about 6...
  5. Stock Market Beginner? satarhat7 asked: What would be a good book or internet...

Filed Under Investing | 8 Comments

Tagged With ,

Comments

8 Responses to “Learning about Forex can anyone give me some tips?”

  1. cyoung85054 on July 30th, 2009 8:29 am

    The 1st tip is to open a Demo account and practice. Buy a book or 2 and read everything you can. Ask lots of questions. There are tons of sites out there and I believe most all of them have demo accounts.

    Crawl, Walk, Run. Sen. Clay Davis – The Wire

  2. AJ on August 3rd, 2009 3:10 pm

    ill give u direct mentoring,just add my yahoo messenger.

  3. Jake on August 3rd, 2009 11:43 pm

    You will need to spend a good deal of time learning about yourself as relates to the type of currency trading best fits your own personality. Too many times people don’t take enough time to truly learn about the kind of trading that fits them. I am a full time day trader with currencies. My longest trades on average last about 15 minutes at most. This is what fits my personality. There are other very successful traders whose average trade last several days… others several months. If you are truly a beginner check out the following: (free website). One of the BEST bargains for your money for learning is. There is a vast library of recordings to watch. Best of luck with your adventure…

  4. jonathan john on August 7th, 2009 12:15 am

    Learn and read as much as you can. Then open an account and just do paper trades or mini trades until you are really knowledgeable and confident.

    Read the free ebook below if you are really starting at beginning.

  5. Xelam on August 7th, 2009 10:22 am

    you can check your option in this site. one thing is for sure, the forex market is so volatile nothing beats the advice you can get from a real live person. for a minimum deposit of $100 they will provide you an Account Service Manager (ASM) who is actually an expert in the field of forex trading to be your mentor, adviser, friend and trading partner. your ASM can give expert advises, tricks and strategies to become successful in your trading activities based on actual, real experiences and years of trading. He/she will even trade with you until you become familiar with the system and you can then trade on your own. And you can always interact with other expert forex traders in their chat room.

    Start by Registering and Downloading a Free Forex Ebook. Being a newbie you are, you need to read a lot to learn the trade.

  6. patrickxd on August 9th, 2009 9:29 am

    You should look into an automated system that helps you decide how to trade.

    here is the one i use

  7. juiceknight on August 9th, 2009 9:55 am

    Hi we have a group that diccuss forex , Always start trading play money for a month. Keep a joural of all trades and why you traded the pair. This will help you will see why in time.

  8. Glen T on August 10th, 2009 6:19 am

    For me I have been trading for some years part time but recently a few months ago I had a jump in my profits when I started using Forex Killer. I use it help me find entry and exit points. I don’t use it for autopilot forex trading.