Learn Forex Blog

may_minu asked:


i want serious replies only ! please can anybody around the world tell me some sites where i can learn about platin with foreign exchange please ? i need to learn that ….thanx

ROBERTO

GreenGirl asked:


what is the best site for free learning class about the forex?thanks in advance

ISER

edisonchen88 asked:

Quick access to http://www.EasyForexTradingTips.com for free forex trading course offers forex trading education, tips and strategies for beginners to learn forex trading with automated forex trading systems using elliot wave theory

TOUPS

bboyballer112 asked:


I am 20 years old and ready to start an investment portfolio….Well more like learn the fields. I think I want to start with stocks an really hone in and work on it then move onto FOREX and real estate.. If you’re an investor can you offer some free advice? Or maybe tell me how you started out? Even if you aren’t an investor how do you think I should go about this? Would a Business degree help me with a concentration in Finance? Hmm I need a tutor I don’t mind being an apprentice I have no job or real money I am starting straight from scratch. Yeah I know…No money how will invest right? Well, that’s not something I need to worry as of right now since I am still just learning the different Investment fields….

FITZHENRY

masoom_in asked:


does U.S play the game ,by determining the currency rates,according to the changes happening their?interested in taking up currency trading as a profession?how far will it be successful?need help from experieced people to goahead.can i learn enough from the softwares they sell,?if so which would be the best paid software ???????need some positive feedback,to boost up my confidence.

MCELRAVY

Irish Ed asked:


I want to learn more about Forex Trading and there are so many courses at different prices I don’t know which to choose. Does anyone have any experience of these courses? Can you recommend one?
I was also asked this in a survey ( http://www.askdatabase.com/campaigns/?af=45379 ) so I await the results of that too..
Thanks for your help.

TATE

ducie35 asked:


can i do better /w 4x than the stock market

LIGE

Kelly Price asked:


Here we will show you how to become a Forex trader in just two weeks and get the right Forex education to build a Forex Trading strategy for success. Anyone can do it so let’s look at how to learn Forex fast and make money…

I am going to base the Forex education here on a well known experiment which was conducted by trading legend Richard Dennis who set himself a task:

Teach a group of people who knew nothing about trading to trade in just a couple of weeks.

He did it and the rest is part of trading history, as his group went on to become some of the most famous traders of recent times and make hundreds of millions in profit.

The first point that struck me about the experiment was how simple the trading system was - just a trend following breakout system which looked for long term trends. Its a fact that simple systems work best and anyone could learn this one but Dennis knew the real problem that traders have:

They have no difficulty in learning a method but they have huge problems when they come to apply it.

He therefore didn’t tell them to follow the system without knowing how it worked and take his word for its success, instead he made them learn the system and apply it themselves.

This meant they would have confidence in it and be able to apply it with discipline.

Where most traders fail, is not because they can’t learn to trade Forex Successfully - but because they make key mistakes which are:

1. They think they can follow a guru or forex robot to success which only has a simulated track record! There lazy, naïve or both, as to win its obvious you need a proven system and you also need to learn the basics to have confidence in it.

2. They don’t think they will face a losing period - but of course all traders do and they don’t have the discipline to keep going until they hit a home run.

3. They think being clever or working hard, means they have a right to win and of course, neither guarantees success, only being right with your trading signal does.

Successful Forex trading is all about working on the right Forex education and not working hard!

In essence, it’s about learning a simple trading system, you can understand and have confidence in to trade through good times and bad.

The most important part of trading is being able to hold your discipline as the markets hands you losses and hurts your ego and tries to get your emotions involved. Most traders never learn to lose and keep their losses small and their discipline breaks down.

Dennis proved anyone could learn and his logic was based upon a simple system a trader could understand and apply with discipline. In interviews with the group, most made the comment that - it was not learning the system which was the hard part but taking and keeping losses small and maintaining discipline which was.

If you want to win at Forex, understand - that it’s as much about your attitude and state of mind, as it is about method.

Getting the right mindset is not easy - but if you can do it and then, your well on the way to currency trading success and a great second, or even life changing income and more rewards for your effort than you ever thought possible.



SMALL

Troy Degarnham asked:


The foreign exchange market is a dog eat dog world and if an investor ventures in without the essential arsenal of knowledge and tools, it can lead to financially devastating results. The most vital issue for any investor wanting to learn Forex trading is that there is no get rich quick associated with it. There are many frauds out there that claim to have the ultimate Forex system that will make you rich overnight. If that were true, there wouldn’t be Forex brokers who have been in the business for thirty years. These brokers would be rich, retired and living in a hot tropical island someplace having margaritas delivered to them by pretty girls in grass skirts.

With that said, it should now be obvious that there are no shortcuts with being able to learn Forex trading. The investment of time is required before any actual money can be invested by learning the various tools, programs and platforms that are utilized on the Forex market. Having the confidence of knowing that you were able to learn Foreign Exchange trading though experience with demo accounts can create an atmosphere to generate unlimited return potential.

In order to learn Forex trading a prospective investor should solicit the expertise of a Forex broker or brokerage firm. They will greatly assist any investor in learning the Forex principles and the reasons that drive this volatile market. Before one can really succeed with the Forex market, these skill sets needs to be acquired and well comprehended. The Forex broker will set any investor up with a demo account in order to learn Forex trading like it is actually being executed. This is often the best type of learning mechanism because it gives the user hands on experience without suffering any financial loss. This stage of trying to learn Foreign Exchange trading is often referred to as paper trading as no actual money is being gained or lost.

Starting with the time and effort required to learn Forex trading will pay off handsomely once the investor goes ‘live’ on the Forex market. At the time the investor goes live and begins putting his or her own capital on the line, they will have been showing a steady track records of gains and be familiar from the demo or paper trading period. Learn Forex trading by starting with the time; learn everything that pertains to this quickly changing market so that success is just a trade away. There is the potential to earn unlimited income once a significant margin account is built up but as with anything, skipping the training step will put you in a snake pit unprotected. Learn Forex trading and minimize the financial risk associated with the biggest financial market in the world.



PARDON

Jane Macrae asked:


Nowadays, you do not need to have large capitals to enter the Forex (aka foreign exchange) market. This can be exciting news for average investors. However, it is important to learn enough about this type of investment before you get your feet wet. The easiest way to do so is probably to learn Forex online, and you can do so in a number of ways.

* Know About the Jargon

To play in any financial market, you will first need to speak the language in that particular field. To do so, you can simply go to your favorite search engine and type in “forex terms” or “forex jargon”. You will then be taken to a list of relevant pages. Select a good jargon list, and commit some of your time to get yourself with these terms. This will definitely give you some advantage, especially if you are beginner investor.

* Free Online Courses

If you are new to Forex market, it is a good idea to start with some free online courses. Again, you can do so by searching for “free online forex course” on the like with your favorite search engine. Alternatively, you can go to a message board frequented by investors and ask if anyone there knows of any good, free courses you should try.

* Learn From the Experts

If you are already an advanced player in the field but like to learn more, you can also consider the paid options. Many experts, with years of experience in forex trading, are now offering their teaching services online. Although you will have to pay for such courses, the upside is that taking such a course is almost like having a personal tutor, or a mentor who will be there to answer any of your questions, and help clear up anything you find confusing.

Again, probably the best way to find a good, reputable expert to teach you about the forex market is to ask around. Others who were once in the same boat you are in now will be happy to help steer you in the right direction.

* Sign Up For a Free Account

Once you have begun to learn about forex trading (whether on your own, or with the help of a professional “teacher”) you will want to put your knowledge to the test, but without financial risk. There are many sites where you can sign up for a free demo or test account. For about thirty days, in most cases, you can actually try your hands at forex trading for free. These demo accounts will not only let you know whether you are ready to risk your money on the real thing, they will also help you gain hands-on experience.

People can easily get excited about the success stories of others in the Forex market. But, keep in mind that there is always some pay for the gain. Do yourself a favor by studying the essentials in Forex trading and, as discussed, you can easily learn forex online.



GERING