So you want to learn forex? You've heard of the wonderful opportunity it offers and you want in. That's great! But first let us back up and get into some essentials. First of all, getting educated is the first step to learning how to trade forex.
Education can come in the form of books, seminars, online tutorials, mentors and many other sources. Since your real money is involved you want to make sure you take your forex education very seriously. Set aside time each day to read, study charts and gain a greater understanding. Learning to trade forex is not difficult if you stay committed. You should stay committed to your goals and never give up.
The next step is to open a Forex Brokerage account. There are many great ones to choose from. Simply do a Google search for: "open a forex account" and you will have plenty to choose from. I suggest that you visit several sites and choose one to three that interest you most. Investigate further into the site and see what resources they offer traders who are just learning forex. If you feel comfortable completing the application online, by all means, go ahead. If not, simply print the application, complete it and mail it in.
My Secret Weapon
The next step is what I call 'HELP'. I call it that because it is designed to be a short cut that can greatly increase your learning curve. Help refers to what others call a forex robot. I guess it is a robot; I just call it my forex helper. I have found that having a forex helper to assist me is the greatest motivator of all. My forex helper helps me make profitable trade. He signals me when to enter a trade and when to exit. Although I do recommend getting serious about learning forex, earning while you learn is something you should do.
Shawn |
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