[williambit]

Hi, just registered today, can someone give me some suggestions on which ebooks or guides are good for newbies like me?

[talktome]

Are you new in Forex trading? If so, don't even try to do it. You will lose all you have and never be profitable. I know this is not what you want but it's true.

[fxtrendline]

babypips site is a great place to start

[truementor]

talktome, I disagree with you. Forex is a great opportunity
however you must have a proper education and a good
mentor.

I agree with fxtrendline, I started my free training from babypips.com
Do it too. Take the time to educate yourself, it will save you a lot of
money and time.

[getoverit]

If your going to be a news trader than you have to learn how differnet economical news effect the prices. If your going to be a technical trader then you have to learn about charts and indicators and how to use the 3 types of indicators together to correctly and clearly point out your entries and exits for all your trades. Indicators are your tools and you need to know what they are and how to use them properly.

There is much to learn and you won't get it for months or even a couple of years but that depends on the person and how much effort they put into it.

[ribo]

newbies try betting, bet -trading ,its hell lot easier and doesnot diff from fx trading rewards the same unless u want be bill gates

[GoldenPalace]

I think the best practice will be training on the demo account + some reading some trading forums. Thank you.

[truementor]

Education is the key. All these here at the forum I can consider a simple introduction. You need to gain the knowledge and acquire the tools necessary to approach the forex market with intelligence and a well-thought out trading plan.

If you get well trained and a get a reliable forex mentor, you need both to succeed in this warlike zone. When you go through your education and have a mentor, it will help you know what to do, but that is not where it ends, because knowing what to do is no guarantee that you'll do it. Because 85% of the trading game is psychological in nature. When you have a mentor, he or she will help you deal with some of the psychological and emotional challenges that every active market participant must face.

[talktome]

Just tell us how you do 3 years later. You may regret if you do trade live accounts.

[MaggBeauty]

Don’t say bad until try it; the idea here is to know basics (you can go to babypips or there’s an amazing school at tradeviewforex.com or simply writing “forex tutorial” in google) then you chose a broker and a platform to trade (I recommend always MetaTrader4 or MT4) and then you add little knowledge as technical and fundamental analysis
There’s a book called “trading in the zone”, pretty good to know about the whole thing and the psychological aspect of trading
I'm on the way