Lswilliams posted: Hey all, I'm new to forex trading and I'm just looking for some advice and guidance, I'm Lewis and I'm from the UK and currently a final year student (I study film and philosophy), I have no real experience in trading, I have traded on a demo account for the last couple of weeks, but I know trading for real is different, so I'm just looking for guidance or help, to help me learn the market quicker or some information I can study to improve my trading skills. I will attach a image of the trading I have done so far on my demo account, so far I have just been listening to the news and following what they have been saying and depending what they have been saying I buy or sell. I have no idea how to predict what the graph will be next etc I have tried but failed. Anyway if anyone can help me or give me guidance to improve my trading skills quicker that would be great.
ColiseumFX posted: If you're new to trading please be prepared to blow your account more than a couple times before you even have a idea how the market works.
That is no longer necessarily true, although it was just a couple of years ago. Now there are proven robotic systems that allow you to start earning while you're learning, or learning while you're earning, your choice.
You will be able to see for yourself how the robotic systems work and tailor the different aspects to suit your mood. Let me suggest that you download the PIG (Passive Income Generator) and use it on a demo until it hits you that there isn't any reason to not be make real money with it. All of that will come on its own.
For those that live outside the US, you also have the option of trying out RISE, the only program that traded for 15 month, over 3000 trades with zero losses. Won't work under US limitations but it won't cost you one cent to find out how well it will work for you as a main income or part of a diversified portfolio.
You can get both from TheSafeInvestor.com Currently we are working on a training program to make learning the various systems even easier. The world has changed and unfortunately many traders are having a hard time adapting. Everything is becoming automated and there are traders that like the robots so well, that's all they do, but in addition to doing actual trading the robots can teach you a few tricks as well.
If you would like to see the curves of those two programs, I have been running both for over a year and you can see the curves, the open trades and the history at
1: Know the Markets. We cannot overstate the importance of educating ourselves on the forex market. 2: Make a Plan and Stick to It. 3: Practice. 4: Forecast the “Weather Conditions” of the Market. 5: Know Your Limits. 6: Know Where to Stop Along the Way. 7: Check Your Emotions at the Door. 8: Keep It Slow and Steady.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
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