Easy learn to trade forex sources?
I am in united kingdom and want to learn Forex trading, Please can i get best sites to learn to trade.and a. )also can one tell me if we want to trade in forex market is there any requirements for a broker? b)Is there any sites available onlne for free live trading? Your help and guidance would be greatly appreciated
Hello,
In order to be successful, there is no secret. You must learn technical analysis, you must practice, set up parameters, have your own system and back-test it. You must trade on a demo account for a significant time. And you must respect some very basic principles – mainly, STOP LOSSES. That may seem easy, but how tempting it is NOT to use stop losses (that’s part of the mental approach that my "mentor" always talks about). You can check Mark Kottaras’ blog (he is rebuilding his website), who is a respected coach. He is discussing his day trading system and he reviews the best robot on the market.
http://forexpipsandtips.blogspot.com
I hope it helps!
