FOREX FORUMS FOR BEGINNERS Section

[bear]

Hello to everyone, I hope I can gain some knowledge on how to better trade FOreign Currency. Not doing so well here...

[trader545]

Hi

I think you'll find everything you want to know in this forum! Just search for the topic you are interested in and ask, ask, ask lots and loads of questions!

[leah0024]

Originally Posted by bear

Hello to everyone, I hope I can gain some knowledge on how to better trade FOreign Currency. Not doing so well here...

self education in a particular matter would best lead you to good knowledge. i would advice you to search on net, read good books and join a small community like this. through here, your concerns will be answered. this is a good start to learn. so, don't get devastated if you encountered failures. that is normal. so learn from it instead.

[PriceWatcher]

I laud your efforts to give beginner forex traders an outlet to find what they need to trade the Foreign Currency markets that much better. Cheers

[Inamiks]

My name is Kimani and I am interested in viewing the site and learning more about the forex system! I am based in Richmond,Va. and Ill be using one computer.

[Mike]

Originally Posted by Inamiks

My name is Kimani and I am interested in viewing the site and learning more about the forex system! I am based in Richmond,Va. and Ill be using one computer.

Great to have you, a warm welcome to you from all of us at Forex Forums

[leah0024]

Originally Posted by Inamiks

My name is Kimani and I am interested in viewing the site and learning more about the forex system! I am based in Richmond,Va. and Ill be using one computer.

welcome buddy! hope we'll hear some of your ideas and experiences in forex trading!

[MOOSE]

Hello to you all, I am new to this forum and new to Forex, so if you could please give me some tips and steer me in the right direction so I can be profitable and not after losing my funds.

[trader545]

Hi, Moose!

I like this small tips:

1. Select your first broker
2. Get simple method you understand
3. Trade the big trends not trade frequently
4. Work smart not hard
5. The formula to success:

Using Simple Method + With Discipline + Control Risks = Forex Trading Success

Keep these simple tips in your mind you could make some big profits on forex trading.

Wish you luck!

[leah0024]

Originally Posted by MOOSE

Hello to you all, I am new to this forum and new to Forex, so if you could please give me some tips and steer me in the right direction so I can be profitable and not after losing my funds.

hi there buddy!
i can see that your problem is only education. well, as a newbie to forex trading, it's necessary to have demo account first before you actually jump in to the real one. in here, you could practice and develop your strategies without losing anything. by then if you see that you will be confident enough to make the real one, then give it a try. but remember emotional matters here has no place. there are lots of ways to educate yourself. blogs, articles and forums like this will definitely give a plenty.

[typ]

I have a site that deals with teaching new or struggling traders how to trade. If you are not where you want to be in your trading please visit us. We start with teaching you and discussing trading, market, and trader psychology. We go over different time frames and different chart types like candlestick, bar, line, renko, heikin ashi, range etc.. We show you powerful patterns based on price action on these charts. We show you how to enter , exit, and place stop losses. We show many examples as well. We discuss the importance of a trading plan and journal and what they are. We show you how to develop one and how you should follow it as well as an example of one. We show you strategies, risk and money management etc.. We offer a 161 page trading manual. This is very comprehensive and offers an approach to trading that will get you on the path to success!!
See us on the web at tradingyourplan you can also pm me or email me at admin@tradingyourplan.com

[leah0024]

Originally Posted by typ

I have a site that deals with teaching new or struggling traders how to trade. If you are not where you want to be in your trading please visit us. We start with teaching you and discussing trading, market, and trader psychology. We go over different time frames and different chart types like candlestick, bar, line, renko, heikin ashi, range etc.. We show you powerful patterns based on price action on these charts. We show you how to enter , exit, and place stop losses. We show many examples as well. We discuss the importance of a trading plan and journal and what they are. We show you how to develop one and how you should follow it as well as an example of one. We show you strategies, risk and money management etc.. We offer a 161 page trading manual. This is very comprehensive and offers an approach to trading that will get you on the path to success!!
See us on the web at tradingyourplan you can also pm me or email me at admin@tradingyourplan.com

is this free education?

[ubtex]

Originally Posted by forex_market09

If your new and would like to make some real money on the forex market check my profit for some good information..


thank

No show me how to make some demo money, lol

[Mike]

TYP, do you automate trading plans for those of us who do not know how to program Expert Advisers?

[juancs10]

Originally Posted by trader545

Some tips

What is your first step in Forex Trading. Here is some tips that can guides you if you're really serious in this field:

Tip 1-The value of basic Forex education
Tip 2-Attend trading courses
Tip 3-Create your own profitable Forex Trading system
Tip 4-Apply Forex Trading strategies
Tip 5-Trade Forex in its best hours
Tip 6-Use Forex Trading Software A Must
Tip 7-Stay safe - use common sense!

It's really good to try different brokers with different platforms, because experience is the most important. But after trying, I think, it's better to find THE ONE, that suits you best - who has a reputation in the financial market, where the customer care support is very good and of course, it must be safe and reliable!

Trader 545,

Thank you for your Tips. Who is your broker??
I am a newbie in forex. Still trying to learn everything about forex.

Thanks.

[james2]

thanks for the great tips

[robwill]

If you are new to Forex Trading the first thing you should do is forget about Robots.

If there was any Robot that made consistent profits, who would be stupid enough to go to all the trouble, and expense, of advertising and selling it.

They could just sit at home and make huge profits everyday.

There is only one way to make money trading Forex and that is to learn how to operate a safe, stressless system. You must also be realistic about your profits. Be content with regular small gains and compounding will make you rich.

Be patient, there is no such thing as a get rich system in Forex or anything else.

I trade on average six hours per week, sometimes less, the rest of my time I spend enjoying myself. I have seen too many burnt out traders to ever want to go down that road.

But you must learn how to trade correctly. I took an excellent on line training course, I used the best Broker, OANDA, and initially traded using their Demo account. This way you can trade without risking your capital until you are confident enough to go live with real money.

Feel free to contact me if you need any details.

Robert.

[DarkManFX]

thanks you all, seems like a good place to learn Forex

[adamsapple]

Hi All,

Just posted my first thread in here on a different thread. Noticed this Beginners thread - There is nothing like knowledge and in my opinion Baby Pips is the best site for education and Systems For Traders is the best for independent reviews, both no nonsense sites which cover different Trading subjects.

[ubtex]

always set SL and TP, very important

[Kampfer]

Hello everybody
I´m new in Forex so I would like to learn from you

Kampfer
from Perú

[FxQ&A]

Originally Posted by DavidMcdonald

Hi I am a newbie to Forex. I want to learn a lot about forex trade, i took help of video tutorials and journals. I also studied books, i just want to are there any other easy available resources to learn about forex?

Welcome to Forex Trading, the net is teeming with information about forex. You just need to know where to look.

[FxQ&A]

Originally Posted by robina

hi frnds
let me introduce myself. i am robina from Egypt. i am also very new to this forum and i have started trading recently. i want to know where i can find good learning charts and also i want to know about Elliot Wave trading.
one request:
plz explain in simple english
bye

Hello,

The Elliott Wave Principle is a form of technical analysis that investors use to forecast trends in the financial markets by identifying extremes in investor psychology, highs and lows in prices, and other collective activities. Ralph Nelson Elliott (1871–1948), a professional accountant, developed the concept in the 1930s. He proposed that market prices unfold in specific patterns, which practitioners today call Elliott waves, or simply waves. Elliott published his theory of market behavior in the book The Wave Principle (1938), in a series of articles in Financial World magazine in 1939, and most fully in his final major work, Nature’s Laws – The Secret of the Universe (1946).[1] Elliott said that "because man is subject to rhythmical procedure, calculations having to do with his activities can be projected far into the future with a justification and certainty heretofore unattainable."

[FxQ&A]

Originally Posted by JayKinFX

I made the mistake of posting first on to "Forex Forums Main Discussions" section and didn’t get any response - so here is my post again.

Hi you All - I'm new on this forum and its my first time - going in to the Forex with only a few months practice trading. I'm hopping to get started for real in a few more weeks when
I can get some cash up.
I'm wanting to daytrade and make it a dream to be sufficient at it - My question to you all is
it doable to make a living trading Forex.
Planning to use FXCM platform and opening a account with 5K thinking this would help me
sustains me thru some bad trades. I got 2 PC each with its own monitor and I'm using a
type of indicator some what described here:

( M1 charts is to use hull moving averages. Plot the following WMA's (Weighted Moving Averages) on your chart: 10, 20, 30, 40, 50, 60, 70, 80, 90, 100, 110, 120, 130, 140, 150, 160, 170, 180, 190, 200, 210, 220, 240. Now set price to a line on Average or, if you don't have that, set it to line on Close. Set all the WMA's to one color that is different to price.)

I got this Idea at this Site:

http://www.earnforex.com/articles/Sc..._Every_Day.php

Any suggestions would be helpfull

Thanks.

FXCM is a very fine broker indeed. Good luck to you.

[Barlow]

Originally Posted by lhar_ff

Is it true that scalping is an investment adviser operates as a fraud or deceit upon any client or prospective client?

I don't follow your meaning...