Which web sites shall i view in order to learn how to trade in FOREX? Any books or articles that can help me?
You can start with free websites like http://www.freeforexebook.org/ , http://www.forextopten.com/ and http://www.topforexeducation.com/ .
Then you can start practicing on a demo account (in any Forex broker of your choice).
does anyone know where I can get training to learn how to use the Elliott Wave theory. I trade Forex and want?
learn how to use the Elliot Wave in my charts.
Start here
http://en.wikipedia.org/wiki/Elliott_wave_principle
learn forex trading / forex lessons?
where can i find good online forex lessons, to learn forex trading?
Try checking http://www.reviewsnest.com/learnforex . They give reviews of forex lessons, that IMHO are very accurate. I used their advice to get one of the forex trading courses (not from them - they don't sell, only review), and in a few days made 9 times its cost.
Anyone trade forex and lose all his money, tell me your strory. How are they that you learn from , forex ?
Lots of people lose all their money gambling. Most of them never learn anything and lose it all again as soon as they get some more money. Forex trading is gambling and the house percentage always wins in the end.
How can I learn Forex trading withoput spending a ton of money on a program?
The Forex market is full of scammers and people who sell questionable products than make them rich and not you. I would advise against Forex trading. You are likely to lose your shirt.
How many pips should I aim for when learning to trade Forex?
Whats a decent number of pips to earn on a trade? I've generally been pulling the plug at 15 which is around 10% of my $250 mini account.
What's a respectable pip haul for a single trade? I have the self control to not get greedy, but I don't know where the line is. I also realize I could do a trailing stop, but I feel more comfortable locking in my profit when I have it.
I like the strategy of having a MAP (Minimum Acceptable Profit) objective of 15 pips. You might try a slight modification of this by trading an even number of lots and sell half the lots when you hit your MAP of 15 pips and let the other half ride with a fairly tight trailing stop. This way if you are in an upturn you can go along for the ride knowing that you are already in profit.
I used to use a similar strategy for about 3 years when I was a technical trader. It was actually quite successful but I found myself spending quite a few hours glued to the computer. For the past 6 months I have been enjoying the simplicity and profitability of conservative hedge trading strategies.
If you send me an email I can send you an analysis and you can compare the two trading techniques.
Keep up the good work.
Paul
What is the best book to learn forex trading ?
Beat the Odds in Forex Trading: How to Identify and Profit from High Percentage Market Patterns by I. R. Toshchakov
and
Forex Made Easy : 6 Ways to Trade the Dollar
by James Dicks
Good Luck!
what's the best way to learn forex trade?
Forex is a very risky venture, where mere inexperience can cause you an entire loss of your funds. Through reading,practise and more practise, you will slowly get the hang of it. Heres are intros on articles that very much suit a beginner in your position!
The forex market can be a daunting arena for new traders; and for some, simply not knowing simple concepts means huge losses. So it is important to learn forex concepts that are important in trading successfully. As you learn these forex concepts you may find some concepts familiar while others foreign. All it takes is a bit of effort and determination to master a few basic fundamental concepts of forex trading.
This is just a short intro i copied and pasted. There are around 15+ helpful articles for beginners in the links below.
How can I learn forex trading properly?
There seem to a lot of options available on the web, definately some would be scams, which ones are good enough to learn from?
Hello,
Definatly babypips.com
Tom
http://www.wealthymarketer.net
how can i learn forex trading?
i wil like to know how to trade in forex and where to learn it for free.
This is just an introduction of the many articles in the website www.forextradinghq.com This is just an intro of the article, go the links below to read the other helpful and free articles, which have assisted me in learning the fundamentals of forex-trading.
This is a proper introduction to foreign exchange for everyone who misunderstood that term. The Australian foreign exchange market can be considered as the next big thing in investment. Over these years, Australian investors have become more active in chasing their investment goals. Australian’s are more likely to hold direct shares than in previous years and Australian Stock Exchange (ASX) shareholder surveys have shown a higher level of direct share ownership.
Equity derivatives in the market like options, warrants and contracts for difference have become more familiar with the Australian public, with Options traded on the ASX showing running record levels over the past years with growth in activity coming from retail investors.
We are also trading in international equity markets, purchasing highly sophisticated structured equity products and moving into the stage of credit derivatives through collateralized debt obligations (CDOs). We have also have a growing attitude for greater risk where Gearing has become standard feature in the financial planning process; market lenders have reported that their loan books have been rising at more than 20 percent every year.