Where can I learn how to trade in the forex ?

Sep 09, 2013 at 20:06
1,478 Views
23 Replies
Member Since May 31, 2013   6 posts
Sep 09, 2013 at 20:06
Hello , I am new to forex trading and was wondering where should I go to learn forex trading ( right from the beginning ) . Is there an online course / program . Or should I attend real life classes ? Thank you.
Member Since Mar 28, 2012   2 posts
Sep 10, 2013 at 06:21
try babypips.com, investopedia.com...

(sorry for the short post..)
Member Since Aug 27, 2011   12 posts
Sep 10, 2013 at 06:22
Hi there, online is best.

Babypips.com is a good place to start

then opening demo accounts with broker to practice what you learn

then a micro account.

wish you the best of luck!
Member Since Aug 25, 2013   5 posts
Sep 10, 2013 at 08:58
Yes. babypips.com is great for new traders. You will get all the instructions and informative ideas from the baby pips website.

Also all the forum have special education's posts for new traders, what must help you to get the achievement! :)
Member Since May 31, 2013   6 posts
Sep 10, 2013 at 11:20
Thanks for the help ! ill try babypips
Member Since Jul 17, 2012   275 posts
Sep 10, 2013 at 12:45 (edited Sep 10, 2013 at 12:47)
Simsossa posted:
Hello , I am new to forex trading and was wondering where should I go to learn forex trading ( right from the beginning ) . Is there an online course / program . Or should I attend real life classes ? Thank you.

just wondering. what makes you starting to get involved in this forex world? 😎
Past experience usually helps present self
Member Since Sep 02, 2013   34 posts
Sep 10, 2013 at 13:47
@Simsossa
Hi...you can learn anywhere & anytime online..
you can look many resutl & source in myfxbook

+++ I want 1000%- 35%/month.. WHERE ARE YOU..??
Member Since May 31, 2013   6 posts
Sep 10, 2013 at 13:47
I had heard about the forex some time ago from my friend , I read up on the basics and im currently using one of the autotraders off myfxbook ( with good progress ) .. I think with a fair deposit , and some time and dedication , a person could become financially free through trading
Member Since Sep 04, 2013   26 posts
Sep 12, 2013 at 15:16
Babypips is actually the best place. I've enjoyed their school!
Member Since Jul 25, 2013   2 posts
Sep 12, 2013 at 22:24
investopedia is a good place to start with, though babypips is also marvelous
Member Since Aug 03, 2012   293 posts
Sep 13, 2013 at 07:57
Simsossa posted:
Hello , I am new to forex trading and was wondering where should I go to learn forex trading ( right from the beginning ) . Is there an online course / program . Or should I attend real life classes ? Thank you.
try tradimo.com
Member Since Apr 25, 2013   1 posts
Sep 13, 2013 at 15:58
A good place to start for begiinners is a site called babypips. Many have benefited at the beginning from their free school. I am in no way affiliated with that site but did enjoy it when I was starting out.. Hope this helps. PipPip, Jimdandy
Member Since Jun 03, 2010   696 posts
Sep 13, 2013 at 20:04
In my opinion, best way to learn trade on Forex is just opening a real account (demo has no emotions) and (for sure) lose few times own money... Human is learning on its own mistakes.
PAMM MANAGER // Professional Fund Manager
Member Since Mar 28, 2012   2 posts
Sep 15, 2013 at 06:29
adrian8891 posted:
In my opinion, best way to learn trade on Forex is just opening a real account (demo has no emotions) and (for sure) lose few times own money... Human is learning on its own mistakes.

Hmmm... but it seems i can't agree with that.
IMHO, if you open real account and start trading without any knowledge how to read trend, quote (bid and ask), or any other basic knowledge needed to start trading the correct way... in my opinion you will be start to hurting (because of losing your money), you will start to think Forex is not different than gambling (which is wrong thought), and think it is nonsense and start avoiding it (human behavior always wants to avoid thing that hurt him/her).

to acquire knowledge of trading, you need to knew at least the basic and the tools you're using to trade (MT4 or any other platform).
but if you think you already had the hang of trading in fx. Why not open demo acc to test your thought to market sentiment?

if you only learn from real account and think demo trading were not involving emotion,
(sorry, it is only my opinion) then you only focusing on the money (which is not real) and the market movement (which is differ from market sentiment).
If you focus on your strategy, you would only care about are your strategy can grasp the market sentiment correctly or not. You don't even care if it's demo or real acc.

But it's only my (one sided opinion), so Correct Me If I'm Wrong...
(me too, only started trading forex with demo acc after learning it from babypips and other forum, it's fun to develop your thought to market sentiment, and testing if it will fit or not..)

sorry for the long post.. and my bad english (english not my main language..)
happy learning..
Member Since Dec 10, 2012   2 posts
Sep 15, 2013 at 19:09
I am with you manteero.

This business can take your money faster than you can imagine. Even with good money management if the system does not work your account will shrink rapidly.

You can do a course in Forex and pay lots of money for them. I have done many courses all of which I am glad I did.

Not everyone has the money to pay for a course so there are cheaper alternatives. My Broker is ThinkForex.com. I have funded a live account with them.

In return I get the following.

Free ThinkForex Webinars
We hold a range of educational and analysis webinars every week run by our own in house analysts. To view all scheduled webinars, click here.

Learn from our qualified Technical Analyst, and check out our Introduction to Technical Analysis series of webinars that are currently running:

Part 1 - Trends
Part 2 - Support & Resistance
Register for Part 3 - Chart Patterns
Register for Part 4 - Putting It All Together

For further support, or assistance with any topics in our webinars contact [email protected].

I can't remember for sure but I think I got this stuff just for a demo account.

You probably have seen the add on this site so click it. I have no affiliation with ThinkForex. I am just happy with with what they have provided me for Free so I thought I would share it with you.
garryanglesey@
Member Since Jan 27, 2011   11 posts
Sep 18, 2013 at 13:26
Investopedia has a lot of information, but boring and sometimes a bit complicated. Babypips is fun to read and cool for the beginers. But I'd recomend forex peace army. I liketheir style.
Member Since Sep 18, 2013   1 posts
Sep 18, 2013 at 19:34
I used MTI ( Market Traders Institute ) , cost a pretty penny, but it was thorough and they covered in detail almost everything I could have asked for. 2 pieces of advice 1. Dont expect anything free to be worthwhile 2. Don't get training from the broker you intend to trade with... it just doesnt seem like a good idea. That's just me :)
Member Since Sep 13, 2013   14 posts
Sep 19, 2013 at 09:58
Simsossa posted:
Hello , I am new to forex trading and was wondering where should I go to learn forex trading ( right from the beginning ) . Is there an online course / program . Or should I attend real life classes ? Thank you.

try here
https://www.richpips.com/ebooks/
Member Since Sep 19, 2013   8 posts
Sep 19, 2013 at 16:46
Best place you can learn is to do it by yourself and to do it by trading, everything else will lead you to losses.
Member Since Sep 24, 2013   38 posts
Sep 24, 2013 at 11:08
Parallel posted:
Best place you can learn is to do it by yourself and to do it by trading, everything else will lead you to losses.
That is way too pessimistic! You can't start trading with having no idea at all what is forex about. With having no strategy of even understanding the basics like fibo or MA. Even to know why the candlesticks look this way you have to get some education.
As for the place to learn. I'd say Forex peace army is a good place to start.
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