Starting out in FX

Discussion in 'Forex' started by Smokeymar, May 26, 2010.

  1. Smokeymar

    Smokeymar

    Hey All,

    I'm new to trading and the forums. It seems like there is a ton of information on these forums but I don't know where to start. Can anyone recommend a good way to start learning about trading FX such as books, threads, etc. I deposited a meaningless amount of money at Oanda so I can learn how the markets work. Any help would be awesome.
     
  2. read through the threads of this forum and the Forex Brokers forum plus the Technical
    Analysis forum if you use ta, maybe the Pychology forum and some of the Journals
    doing so you should get something of an overview of fx trading and what concerns fx
    traders

    for trading systems based on MetaTrader 4 plus hundreds of indicators read the forums
    at http://www.forexfactory.com/ and http://www.forex-tsd.com/
    although you'd be entering trades via FXTrade, you can still - as many do use MT4 for
    analysis and B/S signals; i use Alpari NY for an unlimited demo, there are many other
    MT4 brokers

    try you local library and interlibrary loan system for books about trading, ta, etc
     
  3. Smokeymar

    Smokeymar

    thanks
     
  4. LEAPup

    LEAPup