Hi Jebara,
I have been trading fx and futures for several years. My wife said she wanted to learn how to trade and the plan we are using to get her up to speed is:
1. Use free Oanda FXGame which is the same user interface as their 'real' trading client.
2. Then begin trading EURUSD with a lot size of 500. This means 1 pip = 5 cents.
Slowly increase lot size as experience and comfort level increases. We plan 6-18 months (if ever) before she will increase lot size to 10000....
After a few weeks she has started actual trading with small lots.
I had several VCR tapes and seminars that she watched. And we both went to eSignal and Tradestation seminars when they were in San Francisco. Both have good intro to trading sales seminars.
Don't pay for anything on the web as it is junk.
Monitor the following forums and sites:
EliteTrader -- sometimes helpful
www.Global-View.com forex pros very helpful
www.moenytec.com forex beginners for the most part (not so helpful)
www.kitco.com goldbugs! most thunder and lightening (just for fun)!
www.fxstreet.com - good portal to a lot of fx stuff
If you just gotta spend money, get Stock & Commodities magazine's CDROM which contains all of its past issues. It has 15 years of articles that cover just about anything you are going to get in a seminar. Good reference as well....
Don't spend any more time 'papertrading' than you need to understand your trading software.
Good luck!
ramora
