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deeni

Beginner forex question

I want to start forex trading, but i want to know is it possible to learn it online without one on one coaching?

please tell me the basic topics which i should learn in order get started with forex trading.

i want to know where to find full information to get started, i.e e-book or websites and any other material needed to get started with forex. i need full information A-Z about forex, just assume that i know nothing about forex and want to get started.

Thank you very much for reading my question, i will be grateful if you can help and answer the above 3 questions for me. i look forward on receiving you answers.

5 months ago

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ForexNinja

In addition, as much as I'd like to say that BabyPips.com is complete, it isn't. You need to get out there and work on your skills further.

Once you've learned the basics from our school, try visiting forums and talk with other traders regarding their trading plan. MeetPips.com is a great place to start. Reading forex books will also help a lot. Off the top of my head, you can try "Enhancing Trader Performance" by Steenbarger and "New Market Wizards" by Schwager.

At the same time, try to put in some trades in a demo account using a self-made system wherein you observe, record and review your results. This is where a trading journal comes in handy so you can continually adjust and improve your system.

Remember that this process doesn't happen quickly! Learning never stops and this will take a lot of work! But hopefully, as time goes by, you will have earned the skill set that will help you earn money for life!

5 months ago

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ForexGump

Hi there! Yes, it's very much possible to learn forex trading with one on one coaching. BabyPips.com’s School of Pipsology is designed to help you acquire the skills, knowledge, and abilities to become a successful trader in the foreign exchange market.

Start learning... go check the link that I provided below. Thanks!

5 months ago

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Boripat

Hi,

You can learn to trade forex online, without any personal coaching. I started off last year at babypips.com's scool, i've posted the link there, I found their school very easy for a beginner and for people who has never experienced trading anything before.

3 Things I would recommend you to do
1 - read babypips.com's school and articles
2 - join babypips.com's forum or any other forex educational website and discuss with other traders, the more you exchange ideas, the better you can learn from other's experience.
3 - try trading forex in a demo account, you can get yourself a free demo account at many forex broker's website, try FXCM or GFT.
4 - explore other forex websites. there are many other places you can learn to trade forex.

For books, I read several books on forex that are available in my college's library, but some of them were out-dated.

5 months ago

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