Demo trading is the best option for a newbie to learn about Forex Trading, it is the best way to gain knowledge and that too without losing money.
Here on ET is where you learn the good stuff / information you need to trade. Basically the stuff you need to know to survive out on the street. You won't get this kind of information anywhere else. Investopedia and bloomberg are good for general information and news. I use them as well, also I use the CME website a bit.
What do you think of the new Barchart? I used to use it. Now you can't get the simple / basic charts. I click on 15 min bars and it only shows the previous day. Originally I used to be able to see the whole week. I'm still getting used to it.
Do you mean the website? I don't use app, but read market commentary and look through charts. They are up-to date in the web version. I like the option of price performance either
Once you understand the basics of how the forex market works, as have been suggested, and how to generate trading signals, coming up with a forex trading plan can actually be quite a simple initial process.
Ah I see ur not using the charts on the website. I used to really like it (charts) however now you have limited control. I want to see 15min bars / 5 days. Which you can't do. It looks like they have a good news feed.
ET is indeed a good place to learn as i see a lot of good contributors actively participating with interesting posts..
Ur kidding right? U know the owner of that has been raided by the FBI a few times? He was giving out all these "signals" and none of them worked. According to the statement, when they raided his place, he was in some run-down shack apartment or something. Som1 who has winning "signals" wouldn't be living like that. It was a scam site in itself. Perhaps hang around here
I don't think so, and I do not agree with you totally. You need to do a little research because as far as I know, it is quite a reputable website.
I can't tell you anything about FBI cause I haven't met such info in the internet... however, people argue about reputability of this website. I doubt that it is 100% trustworthy I found this info: "The founder of ForexPeaceArmy is known in the web under the names of Dmitri Chavkerov, Felix Homogratus, Forex Bastard. He has the reputation of a fraudster with the aim to make easy money from the following machinations: blackmail of Forex companies, and sale of false trading signals." So...