Tuesday, May 22, 2007
Where is the best site to learn to trade FOREX online? -
Im very interested in learning how to trade currency but there are so many websites out there that offer premium courses that I would have no idea which to choose. Does anybody know any good informational/tutorial websites for trading? Preferably free. Many Thanks I like http://www.forextopten.com/ and www.dailyfx.com. Both websites offer good knowledge for free. I ll list a couple of other websites on the resources. There are a number of free trading courses available. The link below is one. Have you traded on the stock market as yet? It is less complicated. Forex trading is not a place for novices. When you want to register with a forex broker you will most likely be asked to deposit a substantial amount of money as security, $10,000 or more. Sadly many new comers to Forex trading are lured by the vision of making large amounts of money from this activity. Unfortunately many of them lose their security deposits in a very short period of time. You should practice for at least six months before making any real trades. Importantly you must treat this practice trading as though it was real to really get an idea of how these markets work. The professionals in this market will buy and sell on many markets. www.babypips.com is in my opinion a superb site with a good forum, good advice and an easy laid out free online training programme. I was doing well out of currency trading (part time thing),but dipped out for a while when I saw too much volatility in the market. Since then I ve been doing ok with arbitrage and trade betting. If you do it right and are patient, you can trade with little risk. Go try poems(you can try the demo)but you have to open an account with a little deposit. my blogger learn to trade FOREX online http://forex-trade3663.blogspot.com/ http://forex-trade-2008.blogspot.com/
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