Hi Everyone

[forexsmith 10]

hi everyone,

my names Bobby a.k.a FOREX SMITH,

just wanna say hellp to everyone on the forum, looks good,

i am a beginner to the forex world and i am looking to learn more about FOREX trading b4 i open a trading account, can you guys direct me to the best and easiest and quickest ways to learn about FOREX trading ?

many thanks

[1pipatatime 10]

Hi Bobby,

 

Have a look at babypips, they have a good intro section for beginners to grasp the basic's of fx trading.

 

Then have a look a few threads about systems and decide what feels best for you and try them out, just look at learning the system or systems first before you start looking at the $ signs.

 

Ask yourself questions like;

 

How do you identify the trend?

 

How you enter a trade?

 

How you manage a trade?

 

How you exit a trade?

 

How often are you going to trade?

 

to name a few.

 

Workout a trading plan (what ever style you choose) and work your plan and adjust it as necessary.

 

hope this helps

cheers

 

1pipatatime

[forexsmith 10]

1PIPATATIME

 

hello mate,

thanks for the info i will def read up on babypips, and thanks you for the help,

ive got those questioned noted so i will be thinking about them b4 i start seeing the $ signs, lol

 

thanks mate,

 

hey can you recommend me a good broker who can help on a demo account when ever i need their assistance ?

 

cheers

[1pipatatime 10]

Hi Bobby,

 

One of the brokers I use is IG Markets, have found them to be pretty good for me and also with the group I trade with. But as with all brokers they all have their pros and cons.

 

There demo only goes for 2 weeks which can be a pain, I use them mainly for leverage and the charting etc. Another that might work for you is fxcm, fxsol, city index to name a few off the top of my head.

 

Do a search on the forums I seem to remember seeing something on here about brokers.

 

Anyhow keep up the good work and learn heaps and I might see you in the trading arena one day.

 

cheers

 

1pipatatime

[forexsmith 10]

hello mate,

hey thanks for the info, ye i will do some research on the forum and get some more advice,

but thenka you for the help and advcie,

[DugDug 10]

i am pretty sure from memory OANDA have a demo trader that you can use indefinitely....

[1pipatatime 10]

hello mate,

hey thanks for the info, ye i will do some research on the forum and get some more advice,

but thenka you for the help and advcie,

 

Your welcome

 

1pipatatime

[forexsmith 10]

hehehehehee your a safe guy

[Arthur 10]

Search this forum and read posts about forex...have a lot of Patience and keep trying new and new ideas