What would be a good way to learn to trade spot forex?
Where I live, the government encourage us to go into investing what we earn, as we lack natural resources.
However, I am new to spot forex although less distracting variety of counters to study/monitor
Where I live, there are only market-makers-brokers around it seems, and they do not provide much tutoring
July 11th, 2010 at 9:27 pm
Read a lot of books on forex trading, and learn as much as you can. If you’re interested, I have 129 of the best trading books ever written, all in e-book format. Email me for a full list.
July 11th, 2010 at 10:18 pm
other than ebooks and practice accounts, it is best to have a personal coach to walk you through at least the basics and later to more complicated analyses. anyway, you may refer to this site. it will lead you to a leading forex broker that provides personal mentors to all their registered traders. simply open any of theri acounts- mini, gold, platinum or vip- and a personal account manager or asm will be assigned to answer all your technical questions live via phone, email, chat or even personal meeting if available in your area. meantime, you may download a free ebook and a free demo account as well. all the best.
July 11th, 2010 at 10:39 pm
If you are a beginner, i suggest you to use Marketiva, which is a very good platform to start trading with and very easy to use.
Marketiva gives you 5$ real to start trading so you don’t have to deposit and if you made profit from it you can cash out, this is why it’s very good for beginners. Their platform is very easy to use and they have support during trading hours for your questions, doubts etc.
They also have chat channels where you can talk, exchange opinions and ideas with traders of your country or international traders.
To open your account please visit http://bit.ly/cnW2mV
July 11th, 2010 at 10:43 pm
Forex trading is not easy, only less than 10% of forex traders are able to make money from forex trading.
If you are interested to trade forex, I suggest you to sign up for a demo account. Trade until you able to consistently making profit before trading with your hard earned money.
Besides that, I suggest you go through these articles for Forex newbie.
http://www.forex2u.com/guide/category/forex-newbie/
Good luck.