Let's share the most important and useful forex sources which are important for traders, both beginers and professionals, so which are your favorites?
I started off my dabble into the FOREX market through trusty ol' investopedia. I was trying to learn about the stock market, but after reading through investopedia, I became more and more interested in trading currencies. After I got the basics down, I wrote some automation scripts for my trading program (metatrader 4) by reading the tutorials posted at metaquotes.net. My secret however, is youtube; I just watch the the vids on my phone whenever I have free time. It beats the endless reading that comes with trading.
Aweosme question to ask I was about to ask for your guys favorites. I will definitely be bookmarking this thread and coming back to see the replies. I need some more good resources. The ones I have found by myself haven't really helped me out at all in the field, so to speak.
Ok friend, good comment. I also look on youtube and investopedia. I like watching videos, because the videos are easier and more accessible for everyone. Thanks for review. Your review will help those people who are just starting and want to know more about investments and those issues. happy day
I started off on the internet reading everything I could. I found myself spending most of time on babypips.com and forexfactory.com. Lots of informative and useless information. You can get mislead most of the time. Just remember, the TREND is your friend, and enter on the retracements.
Sadly, there is not much "good" information on the net. All the site you can find are populated with retail people flogging their comment or analysis which 99.99% of the time have not much value. They seems to prefer quantity than quality.
Well I'm sure these have already been mentioned but I love using Investopedia and YouTube. I've learned a lot through those sources. Another way is to search for some eBooks, there's a lot out there on the topic, you just have to go out and find it.
The key is to understand how it really works and who is right to work with. I was losing funds to a broker and by the time i realised it, i had already lost $52000 which was over half of my savings. I met a friendly trader and she directed me to the recovery agent Mr Bart Kasch. He helped me recover all my money, every penny. Referred him to friends and colleagues already, you can contact him if you need help at [email protected]
If you are thinking to start trading in forex, you should know some basic rules. Everyone enters into the market to make profit. Without learning about forex, you can not make profit either. You can learn about forex from many ways. You can learn from the professional traders. You can also open a demo account. It will help you to learn all about forex practically. When I was starting forex trading, I also learned the basics from the demo account of TP Global FX. They are very supportive and by their demo account it is very easy to learn forex trading.
Forex trader need knowledge to become successful in trading. Without knowledge it is impossible to make profit in long run. There are lot of resources available in the internet. Because forex market is one of the most popular investment markets. Fxbook, fxstreet, forex factory are most used websites for trading. However, I use my broker Eurotrader education resources. They give educational course for new to expert level.