New Comer

[keegan99k9]

Hello, I am a new Forex trader. A month ago, I started to trade using a demo account. I want to move to real money account. And want to learn about currency trading and foreign exchange. Please send me your tips, and it will be great help if you can provide me the necessary training or material that is good enough for me to study on my own advices, or any recommendations and books to read before I start. Thank you again

[davis9786]

Well it’s really good that you want to learn currency trading and foreign exchange You will need to learn things like reading Forex charts and forex chart patterns, Fibonacci studies, Forex trendline analysis and other indicators. There are many forex trading systems and techniques you should learn and understand to help you be a better and more profitable Forex trader. I think forexboost.com is a site where you get a lot of free information. You will learn how to trade currency pairs for the US Dollar, Euro, Yen, British Pound and others. You can start generating an income while you learn all the tools you need to be a successful foreign currency exchange trader. If you want to read any e-book you can try Forex Trading Machine by Avi Frister.

[gazuz]

Make sure you are comfortable with your demo first, the emotional difference between the two accounts is incredible.. You get attached to your money so much more. Make sure you are ready for any time of market whether trending or whipsawing...

When you are ready you may move on to something bigger

[thewebman]

That forexboost site you mentioned is a great resource. Thanks for sharing that davis9. It even has live Forex news feeds on their homepage

[vzforex]

I got Avi Frister’s forex trading machine and liked it a lot. I bought it about a year ago and forgot where but if you search Google for something like “avi frister advanced strategies” you should find lots of information about it. He has 3 strategies but I like one of his day trading ones best. I like shorter term trades and I definitely try to be out of all my trades before the weekends.

[Btrader]

Originally Posted by keegan99k9

Hello, I am a new Forex trader. A month ago, I started to trade using a demo account. I want to move to real money account. And want to learn about currency trading and foreign exchange. Please send me your tips, and it will be great help if you can provide me the necessary training or material that is good enough for me to study on my own advices, or any recommendations and books to read before I start. Thank you again

Hello there!

Well, you could learn some forex basics which is free, you could search in google.. And i heard a book that is good, Trading in the zone by Mark Douglas.. Maybe you would like it..