Well you could learn to trade Forex successfully but it takes a while. I personally recommend starting with something else to make money like freelancing or affiliate marketing. But if you're truly interested in trading currencies, start with a micro account, with $1 or $25 & learn the ropes.
Please, don't make a large deposit until you've gained experience & skill.
No easy way, really. YOu have to learn the basics (start with babypips.com), then practice with demo account for at least 3 months, come up with your own trading strategy and trading plan, figure out what kind of trader you are and what is your trading style, move on to mini account and trade for real money but without serious investments yet... Once all of that is mastered, you might want to consider trading with bigger sums... HOwever you have to be ready both mentally and financially for such step, otherwise you will just continue loosing.
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Hey Forex traders here in TG, i'm sick and tire of lossing money in hyip
please kindly tell me the easiest way to learn forex.
Thanks to all.
There is hundreds of trading systems available on line. Pick one that you are most comfortable with and stick with it. Stay organized in your trades and fully utilized stop-loss or limit functions in your trades.
The best investment is always the investment on your brain. Without a doubt, Forex trading needs much more than just a few guidelines or tips to be successful. Experience, knowledge, capital, fortitude, and even some help of luck are all crucial in one’s success in the FX market. if you lose in a trade, do not lose the experience in it. Learn from your mistakes and regain your position in the next trade
There is hundreds of trading systems available on line. Pick one that you are most comfortable with and stick with it. Stay organized in your trades and fully utilized stop-loss or limit functions in your trades.
We have taken the time to filter out the scam, worthless Forex expert advisors (automated trading software). An HONEST review of the best EAs, check out the link in my signature.
Let us know what you think.
Thanks,
Mike
Last edited by TraderMike : 05-03-2009 at 12:56 AM.
Hey..! Interested in Forex trading,Great..! Forex trading is the only Business one can earn huge profits with less investments.In order to be successful in forex trading, you should be able to make it really simple. Do not utilize those systems that have complicated and lots of rules since you will be the only one who will suffer on it.