Trading basics

[philip_cv]

Hi
I would like to enter the forex market in small way and I need some assistance. Can some one help?
Thanks in advance
Phil

[philip_cv]

How To Begin?

[mrgreen]

A good place to start is at the beginning
Say to yourself 100 times. "This is not some great big interactive internet game - It is a BUSINESS and I will treat it as a business. I am up against some of the best and brightest and I must be prepared. I am responsible for all my actions and everything that happens to me."
Next:
Go to the website Forex Education, Forex Training, Currency Trading, Beginner's Guide to Forex Trading, Learn Forex, Foreign Exchange - BabyPips.com. It is a great tutorial site and will answer many basic questions.
Next:
Download and evaluate several diff platforms. Get familiar with how they work. Do not limit yourself to just those w/ charts. In other words get familiar with the tools that are available to you as a trader.
Next:
Once you have made a decision on which to use - learn everything you can about it and the broker you have chosen. There are no excuses for not understanding your tools. No one cares cause 'your broker screwed you over' no - you did this yourself.

If at this point you start getting anxious and excited about the prospect of opening an acct and making millions - Repeat the mantra in step one 1000 times.
Read and Read somemore.
If you are not familiar with the following basic tenets - GET Familiar!!!
PLAN, BELIEVE, BEGIN, CONTINUE, FINISH

Welcome to the best business in the world.
Note: Apologies if this sounds harsh - But its nothing compared to what the market can and will do to you.