Beginners guide to FOREX

[RedBeard]

Didn't see a place for learning about what FOREX is and HOW to trade it.

So for anyone interested, I learned everything I know about it from here:
Forex Training Online: Learn Foreign Exchange (FX) Currency Trading

I'm still fairly green to FOREX myself (about 4 months), but hope to expand from 90:10 equity/forex to more like 50:50 over the next 15 months or so..

Happy Learning Newbies!

[bergen]

Thank you for sharing your information Red. I agree completely that one must get educated to understand forex. There are lots of good resources out there to help. One of the best I have some across is makemoneycurrencytrading dot co dot uk as they run free webinars and training. And they run live portfolio so you can actually see if their strategies are making profit live.They also send out a daily report each day with the trades.

[KajolThappar]

The particular website linked at the bottom specializes in giving novice/beginner forex-traders helpful fundamental information regarding large and detailed introductions on foreign exchange, forex-trading tips, concepts, fraud warning info, trading safety info and also excellent, detailed information on the Major currencies of the world and the Central Banks that go with it.

There is also an article written especially for novice traders, where a more advanced trader is writing about his experiences in forex-trading during one day. All these articles are for novices and beginners, but the very first link at the top of the list below is especially written for novices. On the home-page of the website, it will show the latest news on economies and forextrading and may help you while you trade.

I find this site particularly helpful since im still learning too! hope this helps!








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[billwatsonn]

Foreign exchange market in "foreign exchange" or "FX" market, said as the largest financial market in the world.The foreign exchange market is an 'Interbank' market, the fact that historically has been dominated by the banks called because the central banks, including commercial banks and investment banks.

[tommy0921]

Originally Posted by RedBeard

Didn't see a place for learning about what FOREX is and HOW to trade it.

I'm still fairly green to FOREX myself (about 4 months), but hope to expand from 90:10 equity/forex to more like 50:50 over the next 15 months or so..

Happy Learning Newbies!

Hi,
I did not see it too. Because this thread name is beginner guide so I decide to post in here.
Currently, I'm playing at fxdialogue. I opened the account 2 weeks ago and so far they are ok. However, I am still learning so perhaps I do not have much experience. Therefore, I have searched many forum and find these resources. It benefits me so I want to share with you. I hope it can help you somehow. (Please add www/)
earnforex.com/forex-e-books/beginner-forex-trading/*

[Gilbert]

personally , I think you should join any firm involved in Forex business as an internee or employee and there you can learn all the techniques of controlling Forex accounts and formulate Forex strategies.

[capitalheight]

This is a great post. I am pretty much pleased with your good work. You put really very helpful information for forex trader.

[Trang]

Another advantage of forex is that there are not thousands of things (stocks) to examine and choose

[Anastasia Shagipova]

Babypips is quite useful as a place for beginner. From my position of experienced forex trader, and broker representative, I recommend it as well.

[divyanka]

being a regular forex trader, i would refer you NordFX which can guide you throughout your trading. it is the best forex broker for the beginners and professional as well.
try this, u'll b definitely satisfied with its services.