want to learn forex trading

tradesolid said:
hi every one :)

i am new on this forum , i just want to start online forex so i want precious suggestions of gurus here , please first tell me what is the best website that will make my life's first start and also please mention the best trade tools that will provide me trends of the market


looking forward to your voice
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"Forex" related wikipedia pages exhaustively explains all details you should know about FX, bucketshops and trading process. There are another good resources called Investopedia, Trade2win articles but they're for advanced level. You can begin with some webinars with all that theory well-chewed and ready for digestion. From those I could suggest Hotforex or FXstreet webinars, best I watched so far.
Good luck
 
Th
Al_Bundy said:
There are plenty of regulated brokers in respected jurisdictions like UK or US
catering to retail forex traders. Why would you say it's a scam ?
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This has nothing to do with regulation. It is scam because you are never going to profit unless you are lucky or you can beat the robots of the platform.
 
Sergio77 said:
Th


This has nothing to do with regulation. It is scam because you are never going to profit unless you are lucky or you can beat the robots of the platform.
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take your crap somewhere else, you don't know what the hell you are talking about. I assume you think cattle, oil and soybeans are also a scam. Currency is a commodity and it's a commodity which people actually must buy. Unlike Apple or Netflix which can go to infinity, but nobody (unless they are an index fund) must buy. If there is a scam, it would be more likely to occur in equities.
 
tradesolid said:
hi every one :)

i am new on this forum , i just want to start online forex so i want precious suggestions of gurus here , please first tell me what is the best website that will make my life's first start and also please mention the best trade tools that will provide me trends of the market


looking forward to your voice
More...
you are lucky, today to find any online educational sources are easy.
plenty of forums , websites, provide articles about forex trading
you can go to Investopedia.com, or babypips or learning by online videos and webminars
 
start with 0 leverage, prepare to lose money, large num. of hands but small position each hand. These are what I learned from my own experience through huge cost while starting to learn trading. First of all, always try to control your mind and keep calm.
 
trader_phil said:
anyone here trades gold or silver? any pointers? much appreciated! will shift to metals for the time being and maybe oil.
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Gold is a bearish trend right now, expect from FED to raise rates will pursue my bearish sentiments on it. There are two small 0.04 short trades made on my Hotforex platform will close them at 1095 level
 
yeah, it does seem its going bearish, not so sure if the 1095 will be hit in the next couple of days/weeks will keep an eye on it, while silver got me stuck on the 14.3 level
 
Be careful when working with them because there are some people on there who will try to scam you. I know that there are some less trustworthy forex brokers out there and they might try and pitch you a risky product and something that might seem suspicious while you are testing out their platform. It might take you awhile to know the good from the bad, but just be careful about that.
 
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