Comments on: Best Way to Learn Forex Currency Trading

By: Curious George

Curious George — Fri, 01 Jan 2010 16:18:59 +0000

FX trading is extremely difficult. 95%+ don’t make money. The key reason (in my opinion) is due to money management and the psychology of trading. In terms of trading strategy, you only need a simple one with an edge.

Send me an email re: your experience in trading stocks and your years of experience. If you are starting absolutely at ground zero, then it may be more difficult to help, but if you have some specific questions, perhaps I can help.

Good Luck and Happy Trading
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By: Common Sense

Common Sense — Fri, 01 Jan 2010 16:14:59 +0000

FX is dangerous. Very few people succeed at FX. It’s fun. Challenging. The Forex community is filled with deception and lies.

It’s going to take a lot of hard work to get this right. The odds are against you. Your best bet is to take a year to learn the basics and to start learning technical analysis.

Most people blow their first account. I did. It’s now two years later and I’ve started up again. Trading stocks has helped me in my approach to FX.

What I know now;
It takes disipline, money management skills and an understanding of market psychology… as well as your psychology, to make money trading.

You should dedicate this year to reading as much as you can.

Here’s an intesting book to help you understand what needs to be done;
Millionaire Traders, Kathy Lien & Boris Schlossberg

Good Luck
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By: AG

AG — Fri, 01 Jan 2010 16:12:59 +0000

Go through http://www.xe.com
Or there are many sites guide for currency trading
only thing currency needed: good luck
References :