Thread: Where To start

Quote: Originally Posted by riodan Have you tried forex demo? Well, you can learn by yourself if you want to. It is where you can start. There are many ways to learn currency trading. You may take up good books, either buy them or borrow them from your local library, which teach you the tricks of the trade. The other option is to learn currency trading online. There are many sites offering to help you learn currency trading online, through...

Quote: Originally Posted by trader545 I think mentors definitely help, but one day u'll realise that you need other strategy. The same with advisors in RT4 (MT4) - u use them and then u realise that u need to improve them. And then you write your own advisors. Use mentors, especially it's good to get knowledge from different mentors, to know their strategies. U analuze their strategies and after that u are readt to make your own....

X Hmmm.. the chicken or the egg? Which was first? Forex in my opinion, is more like a 10,000 piece puzzle. You get the box containing all the pieces, see what it looks like assembled, by the picture on the box lid, open the box and dump the pieces out on a desktop. Then the task flip all the pieces upright and then try to sort them out. (and hope none are missing) Once sorted, then associations to various pieces will be noted when looked at...

Are these questions OK for me to ask myself. Geez, I don't know why I'm asking anyone that question. 1. Do you really intend to focus on trading as your business and vehicle for achieving your dreams? 2. Do you know WHY you want Forex to be your business? What do you intend to do with the money you will earn? Who will benefit from your success besides yourself? 3. Do you believe you can succeed in Forex? If you believe that Forex...

Quote: Originally Posted by Rich14304 If I may, You made some very valid points and under most conditions I would agree whole-heartedly however there should be some thought given to your question as they apply to each new Trader. Question: Where to start if you are interested in learning how to trade. Your Repy: First step I would say is you need a MENTOR. Yes they do charge there not for free. If you find the right mentor it will save you...

I 100% agree what followers have said. http://www.moneytec.com/forums/

I think mentors definitely help, but one day u'll realise that you need other strategy. The same with advisors in RT4 (MT4) - u use them and then u realise that u need to improve them. And then you write your own advisors. Use mentors, especially it's good to get knowledge from different mentors, to know their strategies. U analuze their strategies and after that u are readt to make your own.

there're plenty of tutorials and guides online which could help you to learn. Start watching bloomberg and/or reuters TV.

You're definitely going to want to check out the following sites if you're new to trading: Free Trading Video FINVIZ- Stock Screener Welcome to Investopedia.com If you are interested in learning about HOW to trade, check out FreeTradingVideos. If you are looking for information on what to trade and why, go to finviz.com. If you come across a term you are unfamiliar with, check out investopedia.com... Those three are great places to...

Though you will learn a lot from reading forums, but that is also the source of all confusion. One thing about new traders is that they will try to trade every trading system and never spend time to really understand one strategy.