Forex Beginner

[indieover]

It's quite hard to learn also in tutorials website. So we have to be patient but we can all learn a lot of things if we are just hard working and try to read carefully. I would try to keep on reading as I have stopped reading.

 

[Tirus]

Its never easy to learn on your own which is why there's always a difference between having a teacher to help facilitate your learning and going at it alone. It may take time for others to get to understand on their own but luckily on the internet there are avenues such as forums where you can always ask questions to get better understanding.

 

[Andy]

Hi, I'm new to the forum and I'm interested in where I can find a demo to practice FOREX. Does anyone have experience with demo Forex? What books are you to recommend me to use Fores?

Here you can find all brokers that offer free demo account: http://digitalcashpalace.com/tag/free-demo-account/

@jang has recommended few ebooks, you may consider check it out here http://digitalcashpalace.com/forum/showthread.php/20535-Ebooks-about-Forex?p=35863#post35863

You can also follow this thread and read what others saying about forex demo trading experience http://digitalcashpalace.com/forum/showthread.php/945-Demo-forex-trading-account

 

[riddick09]

I did not know if there were forex brokers that does not offer demo account. That's kinda weird if there is and maybe, they are just have professionals but its more important to always have demo account in trading platform as any business need those trials and errors.

 

[Andy]

I did not know if there were forex brokers that does not offer demo account. That's kinda weird if there is and maybe, they are just have professionals but its more important to always have demo account in trading platform as any business need those trials and errors.

Yes, almost brokers offer demo account for its clients but there have limited at what they offer. Few brokers offer demo account with accomplished process as they required you filled down lots of form before provide it, and maybe time limited also; you may only use it for 15 or 30 days.

 

[monyitomon]

I haven't came across some Forex brokers that doesn't offer a demo account for their clients, but for sure with lots of Forex brokers there are actually some Forex brokers that doesn't offer demo account or there are some limitations.

 

[budado]

Its never easy to learn on your own which is why there's always a difference between having a teacher to help facilitate your learning and going at it alone. It may take time for others to get to understand on their own but luckily on the internet there are avenues such as forums where you can always ask questions to get better understanding.

Its really good if you have a good teacher to teach you how to trade. But if you don't have a teacher its also good that you teach yourself how to trade in forex good time. The best way to earn in forex is via determination. I know its hard to earn money in forex and if you don't have good teacher then what will you do? stop trading? No, you must try to learn by yourself.

 

[monyitomon]

Indeed with many Forums nowadays you can just simply ask with the other traders about your question so it's not really necessarily for you to have a mentor that can teach you to trade because as I know that hiring someone may really cost you huge.

 

[budado]

And good thing about online trading is that we can share our strategy to other and we can even lets other check our account without risking that they will going to steal some personal information or going to sabotage your trade. Right now I have three accounts that I'm sharing publicly and I'm hoping that this three account can convince newbies that its good to trade in forex.

 

[ff68e164]

I really do think forum is an educational tool whereby knowledge is obtained. It will open up our mind to forex, for those like myself doesnt have avast knowledge of it. Forex tutorial is also available if required.

 

[nickname-zg]

I agree that forum is a great tool for upgrading our knowledge. Forex is more and more popular and this forum could help us all to get involved in serious investing.

 

[riddick09]

Yes, because if we only think forex trading as game then, we will surely not have seriousness and will not have proper money management or even not applying those basics and probably do think only of what will be their profits and nothing more. Traders should learn how to be patient and also to know their strategy.

 

[Razor1911]

dont look for any specific thread.. go through the all steps and observe every thread before going to start trading..
as different traders have differnt experience and strategies, so try to listen to them and make yourself comfortable with the trading strategy thats suits you the most..

 

[monyitomon]

Our mindset is really playing a good role if you think that Forex trading is just a game then you will not take it seriously you will do a trade without analyzing the market as you likely to lose that trade, you must take it seriously if you want to earn in Forex trading.

 

[Georaj10]

I'm also a beginner. I find the world of Forex quite fascinating but ignorant of its intricacies. I want to know which are the better sites to join and earn good money through Forex trading.

 

[Tirus]

Your first point of reference should be learning because this way you will better know how what forex trading is and how to go about doing it in practice. You can check out babypips as a learning resource to start with but there are also a lot of ebooks that are available for beginners on the internet to give your the basics before you think of opening a demo account.

 

[kalpeshmkm]

Ok so you are a beginner and want to learn so you are finding a best thread in the forum don't find go for making total knowledge read each and every smallest thing about Forex because it will be needed in future to you in Forex without knowledge can not make money.

 

[rexway]

After that you can as well proceed to start with your demo account and also make sure that you read each and every piece of material you saw online which can be of help to you with this you stand a chance to gain a total knowledge about forex trading.
I strongly recommend babypips for you also.

 

[Tirus]

One must just try to be careful so that they dont end up confusing themselves in the process. There is a lot of material that is available online and there really is not need to go through each and everyone of them although its a good thing to keep yourself updated and regularly learning to improve your skills. Too much information can be confusing for a beginner trader.

 

[monyitomon]

True, but I think when you see everything in action then that is really the best way that could explain you everything because if we are reading a lot with different resources then it's really quite confusing that we don't know what is right.