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    Thread: How Did You Learn Forex And What Is The Best Way To Learn?

    1. #1
      Forex in the blood
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      Lightbulb How Did You Learn Forex And What Is The Best Way To Learn?

      Hi MT5 Members :

      Most new FOREX traders dont take the time to learn what drives currency rates. When news or a statement is due out they must close out their positions and sit out the best trading opportunities. They are taught to only trade after the market calms down.

      So essentially they miss the whole move and then trade the random noise that follows a fundamental price move. Just think for a moment about technically trading the aftermath of a price move; there is no potential.

      Seminars, eBooks, Internet, papers, video courses -- take all the time you need to learn this new trading skill well. The return of Forex trading can be very lucrative but the risk lie beneath is equally great. Invest smartly, and I wish you all the best in the trading world.

      What i can advice u :

      *Keep it simple. Forex is a subject often over complicated by too many indicators.

      *A couple of trend lines and some candlestick analysis - maybe some pivot knowledge, is all you need.

      *The hard thing is not learning the techniques - that's easy!

      *Hard thing is controling the emotional side of trading.

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    3. #2
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      Default Re: How Did You Learn Forex ?

      i learnt forex trading by trading on the DEMO account.
      i do not use too many of indicators on the chart which make it difficult to view the CANDLES..
      i also study from the other sites like baby pips..

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    5. #3
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      Talking Re: How Did You Learn Forex ?

      Quote Originally Posted by ajayshar27 View Post
      i learnt forex trading by trading on the DEMO account.
      i do not use too many of indicators on the chart which make it difficult to view the CANDLES..
      i also study from the other sites like baby pips..
      Great T Hear That

      Personally :

      I learned by spending hours and hours reading what is free online about it. Then I opened a free demo accounts and practiced until I felt confident enough to try with real money. You can begin very small with Instaforex.com...put in a few dollars and trade with a pip worth only a penny. It's frustrating but safe.
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    7. #4
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      Default Re: How Did You Learn Forex ?

      I learnt forex by trading in demo account for one month then started with little money in real account

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      Default Re: How Did You Learn Forex ?

      for me personally , I'm still in the learning period , I still believe that the period of education must not less than 3 years ,
      please don't be surprised by what I said,
      I have finished the first step by trading on a demo account , and now I try training at a real ( micro ) account.
      of course , this happens with reading of good e-books

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    11. #6
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      Lightbulb Re: How Did You Learn Forex ?

      Quote Originally Posted by sami View Post
      I learnt forex by trading in demo account for one month then started with little money in real account
      Hi Mr.Sami
      i prefer working on a real acount ( with cents ) than working with demo acount , yes i had demo acount but honesly u not feeling the same as when trading on a real acount ( even with small amount ) . it's all about mental and how to wait for the profits and how to stop losses is right time


      Quote Originally Posted by fantastic View Post
      for me personally , I'm still in the learning period , I still believe that the period of education must not less than 3 years ,
      please don't be surprised by what I said,
      I have finished the first step by trading on a demo account , and now I try training at a real ( micro ) account.
      of course , this happens with reading of good e-books
      Compltly agree with you Mr.fantastic , first steps are important in forex market , we should make a good start to go far in this strong fx world !
      2 years is the minimum to start trading real acount and real money ( i mean big money ) , but when learning it's okey to start cent acounts to get ready mentaly and to know the difference between demo and real acount mentaly !
      for me i'm still in my first year and still learning anything in front of me and read anything i meet , without missing strategies , we have to test and keep testing untill we find the right way and the right trades
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      Default Re: How Did You Learn Forex ?

      i learn t forex trading by attending a difference seminars organized by experts both online and offline one.then reading a lots of books especially from baby pips and eagle fx.and lastly by do a lot of demo trading and most of the time watching the platform without trading and watch how the market moves.

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      Default Re: How Did You Learn Forex ?

      Taoufik:

      Please choose the suitable section for your topics. This section is for topics regarding forex trading and analysis.

      Moved to Free Dialog.
      Happy to Help

      Follow forum rules & before making a post - Read It

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    17. #9
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      Default Re: How Did You Learn Forex ?

      This is an on going process. Still I am learning, I found many websites and e-books where I learnt how to step into forex trading. At first I was skeptical and don't able to grasp the whole thing. But slowly I inclined to forex trading, I practiced in demo account. Deposit very small amount and learned how to make profit out of it. There are still lots of technical issues where I am concentrating myself to become a good trader.

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      Default Re: How Did You Learn Forex ?

      I learn forex trading with real money lost it,but growing it.Learning with demo account will not increase the interested.There is risk of losing the money,but risk is part of forex and trader have to accept it.

      Forex is like deep sea more you learn more the complex grow.So stop learning more and more develop the system and trade according with it.
      Well trade with your account.

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