where is the best place to learn about the FOREX market to become a trader?

shanmugam83 · #1 (**permalink**) 11-12-2009, 16:31

Forex is traded much like any other financial instrument, using a combination of fundamental and technical analysis.

If you'd like to learn how to become a successful forex trader, consider a professional forex training course. FOREX.com is pleased to offer multiple forex training options that teach investors how to:

Understand the logic behind Forex trading
Recognize market trends
Develop a forex trading plan
Utilize tools to help you manage risk
React to major economic events impacting global currencies.

maxcuneo · #2 (**permalink**) 13-12-2009, 08:51

I personally advice you to educate yourself fully before you try to get started. there is plenty of information available on the internet and in bookstores. by educating yourself thoroughly, you will be able to trade confidently and successfully.

AshFX · #3 (**permalink**) 14-12-2009, 00:09

http://forexmoments.com/forums/fx-sc...forex-trading/

MarinaBracken · #4 (**permalink**) 30-12-2009, 06:48

I have some knowledge about Forex Trading and Forex Robots......Forex robots are the computer programs that trade in place of a human trader. Trading signals and built-in trading systems help it to work independently. Integrated signals allot a robot to pick on the perfect time to buy or sell a currency pair, while the systems help the actual trading process.Forex robots are admired by new traders who don’t have proficiency about forex trading. These powerful trading robots are well accepted because they literally make money. One can continue trading through his robot while he is busy in his other works. Thus it is best for users to optimize time and capital.

ForexGuy · #5 (**permalink**) 01-01-2010, 16:17

http://www.4xtraderslive.com/private-client-group

Will all due bias.

Ifly · #6 (**permalink**) 15-01-2010, 05:16

Try babypis.com. Very useful site.

awilcox · #7 (**permalink**) 15-01-2010, 13:32

agree, babypips is one of the best beginner sites there is.

tjpatrick · #8 (**permalink**) 17-05-2010, 19:50

babypips is definitely good site.Other site that is very good for starting out is makemoneycurrencytrading dot co dot uk. They offer free training and free webinars. They are also one of the only companies I have seen that run a live portfolio based on their trades so you can see they are actually making profit.Most wont put their reputation on line like that.Their strategy only take 15 mins a day which is good for people with jobs and families .Those two resources are probably best for starting out with as they can get you up to speed for free.

llinda · #9 (**permalink**) 08-06-2010, 12:39

If you are interested in Forex Robots, new and advanced robot

adria · #10 (**permalink**) 09-06-2010, 11:31

There are so many blogs, Ebooks and web pages where one can learn forex for free. But apart from throritical knowledge, demo accounts are of great help to understand actual Live trading. I think one should practice demos atleast for 3 months before starting Live trading.