Question by dejjy: how can i learn forex trading?
i wil like to know how to trade in forex and where to learn it for free.
Best answer:
Answer by Paul U
There is alot of free information available to learn how to trade Forex. My first advice is to not get all the free info you can before sinking any money into your Forex education.
Once you get to the point that you have a basic understanding of the market and the nuances I would suggest opening a free practice account and experience for yourself how the market acts and more importantly how your mind and emotions act.
Besides gaining an understanding of the marketplace the first two areas to master are money management and emotional management. The two forces that will keep most people from being successful at Forex are improper money management…throwing good money after bad, and the inability to control greed, fear and indecisiveness.
Here are a couple of resources that have saved me a ton of money.
I would suggest that you check out the reviews at
http://www.forexbastards.com/education_r…
I would also suggest you watch and learn from an experienced, successful, professional trader. Personally I was happy that I found fxbootcamp. You can check out Wayne in action for free at http://www.squidoo.com/fxbootcamp
Lastly, I am currently assembling a Trading Team to participate in a free trial evaluating some interesting Forex strategies. If you have an interest drop me a line at pupp52@yahoo.com.
Best wishes for a successful and prosperous 2007.
Paul
www.teampip.com
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