Paying to learn forex?

[JohnsonG]

You can, but there is no guarantee that you will learn what you need, or what you want to know. But reading books, surfing forums, and reading Forex articles/news you can learn a lot, and you have nothing to lose. Try these methods, that's how I learned and most traders do the same, if these methods don't work you will always have time to go and spend a lot of money to learn Forex.

here are some good sites where you can learn about Forex trading.

1. Teach me how to trade in Foreign Exchange? how forex trading works (Intro, and basics of Forex)

2. Forex strategies revealed (strategies, news)

3. Investopedia.com - Your Source For Investing Education (Forex dictionary)

4. Forex Trading, Currency Forecast, FX Trading Signal, Forex Training Course, Education, Tutorial, FX Book, Forex ebook, Learn to Trade Forex, FX Guide, Pivot Points, Currency Rates, Forex Secret, Forex Brokers, Currency Trading System, Online Forex Ma (Forex news)


Hope these sites can help you learn more,
best regards

[pinhead]

I learned the basic basics from babypips.com, reading the articles from investopedia is helpful too. I have been reading through several trading forums too and actually there are a lot of traders who offer free advices in there. Some I think are quite successful with all the trading charts that they post. Maybe a newb must know which information should be absorbed or not because there are a lot of things being said about forex which can be really confusing. As for me, I have been thinking about maybe getting a forex course or joining webinars to fully understand what is needed to be understood.

[pinhead]

oh, and one more thing since this thread seem appropriate to post this. I've mentioned that I am considering to get a forex course since I am not quite satisfied with what i have learned. I just wanted to ask if anyone has heard about this

http://www.forextradingseminar.com/b...rading-course/

[trader545]

I agree with you guys! I think mentors are the best for newbies to understand forex market! Get mentor and after that work out your own strategy.

The other aspect is demo. Definite demos help to grow yourself matured. The best investment is always the investment on your brain. Without a doubt, Forex trading needs much more than just a few guidelines or tips to be successful. Experience, knowledge, capital, fortitude, and even some help of luck are all crucial in one’s success in the FX market. if you lose in a trade, do not lose the experience in it. Learn from your mistakes and regain your position in the next trade

[Somya Gabriel]

Reading blogs of actual forex traders where they share their trading experience can be of great help to learn more about forex trading.

[pinhead]

Thanks for saying that Somya.

Do you have any recommendations as to which forex blogs should I read?

[Somya Gabriel]

Thanks for saying that Somya.

Do you have any recommendations as to which forex blogs should I read?

Best-Fx-Advice
Forex Strategies
FX Guiding - Forex Guide

These are few blogs which you can refer to learn more about Forex Trading. I am sure this will help you.

[lammergriffin]

Forex Trading Secrets: Trading Strategies for the Forex Market, by James Dicks, contains some of what you're looking for. Also, forex.com has some video tutorials as well as a $99 class in basic forex technical and fundamental analysis that covers all bases. It is worth the money. If you can afford it, invest in the right sort of Forex education and while you're at it, try to build up some calculators in Microsoft Excel to help you plan your trades to cut any future losses.

[Somya Gabriel]

try to build up some calculators in Microsoft Excel to help you plan your trades to cut any future losses.

Well some online trading platforms like Finexo provide personal account manager which helps in planning your trades and counter your losses.

[lammergriffin]

Hi Somya, thanks for your response! I was looking on Finexo for their calculators. I'm one who likes to work in Excel and currently am working at entry and exit points, working at looking for optimum stop loss set points and positions I can hold long enough to take profit at a reasonable enough level. The trick is doing this on a consistent basis. Maybe forexpros.com can add some excel calculators!

I added your websites to my favorites; the Greece article was right on target. I've been interested in pre-world war one German currency for the last few years. I did not know Germany trades with the British sterling. I've always found more luck with the GBP/USD than with the EURO.