Thursday, January 25, 2007

FOREX: What/ where is the best FREE source of education on the web for a person who wants to learn how to...? -

... trade on the Foex? I am a beginner, and I specifically want to learn about the basics, how to spot trends, tradeing techniques, etc.. Even if you want to recomend a book- that would be helpful. (FYI: I cannot afford a pricey course, so any recomendations to that fact will not be considered). THANKS! The best thing is to start reading the available articles on the net. That way you don t have to pay and you will gain an overall idea of forex trading. After that, if you want to really learn some techniques and insiders methods etc, then you would need to buy some good books or short courses. Generally the free ones are too vague. http://www.tradingacademy.com/actionfore... Yes although if you want free training that is a good site but I have been investing for the last ten years I would recommend http://www.theinsidercode.com if you really have the time to learn the game. Mac will teach and coach you until you feel confident in reading the charts. However if you are new and have no time to moniter the markets I would suggest http://krore.forexrobot.hop.clickbank.ne... a unique automated robot that trades for you. In the last one year of using it I have not been able to get the huge gains of 200% per month as some others but I have got a conservative 50% profit on my $1000/- investment using a mini lot and am planning to increse my invest to $10,000/- and using a standard lot. Do not worry if you do not understand the terms mini lot and standard lot because there is also the micro lot if you want to start with only $100/-. The programme comes with a free course which will teach you all these basics. Best it comes with a 58 days money back guarantee. Test it for 50 days on a demo account and if you are not happy with your results get a full refund. http://krore.forexrobot.hop.clickbank.ne... For a start, you can register and get a Free Ebook. you really need to read a lot and learn as much as you can to succeed in forex trading. for your further information, this site is actually one of the leaders in forex trading today. If later you decide to trade with them, they provide all new traders with a personal Account Service manager who will acquaint, assist, answer all technical questions and even trade with until the trader himself becomes familiar with the system. if you wish to find out more of what they can offer, simply browse through the website. Good luck. Hello, One advice, before u get in forex market u should try invest on stocks. Forex is a real intense market where gt;90% of beginners lose money and leave because of lack knowledge. In just a couple of minutes or hours u can lose all your initial capital. Anyway i advice you starting here and read the newbie material: http://www.investopedia.com/university/t... And then go here: http://trading-naked.com/ (In my opinion is one of the best website for traders searching for knowledge, lot of ebooks, plenty of techniques, read carefully the material of Joe Ross - just the best) One last advice: Do not get obsessed with mechanical systems and indicators. The most important thing on market is quot;PRICE ACTIONquot; (UNDERSTAND THIS IS ALL YOU NEED). For that start reading good books like the joe ross material. Then try a demo account. Practice, practice and practice, and keep in mind patient is a virtue. Hope my answer help. Sorry for my english PS: Unfortunately (Trading naked) they are renovating the website. But keep that on your favorites. if you want i can send you some ebooks by email. This site is a free forex resource, no hyped up nonsense and no need to give your email address for a free e-book. http://forexprofitingtips.net Go to forex.com and start following the strategy of the day. Its free and its VERY helpful. Just take this advice and you will be on your way to at least having a chance to become profitable. Hi, A good place to start is babypips.com/school Also, you may want to download my free Forex trading report at: http://forexsystemprofits.com Hope this helps! For me it s http://www.freeforexebook.org/ , http://www.forextopten.com/forex-article... and http://moneytec.com/ .

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