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Question: Learning forex trading?

(Posted by: RRG on 2010-03-06 09:06:54)

Im not new to trading im a trend follower/ band trader i mostly use technical analysis but i trade stocks. Recently a few days ago i said wth why not try forex because i was reading about Randy Mckay who turned 2000 into 70000 in just 7 months! WOW. Before i start trading for real though i want to know alot more about this business. Is babypips.com a good site to do schooling on??? Any recommended books to read?? im just 19 years old ive been trading since 9th grade.. not with real money though but i figure forex and technical analysis work in the same way so if i can make money in stocks why not curriences? plus i get waaaayyyy more leverage and profits. Seriously i wouldnt put all my money into this but its a good way to diversify. I plan to start this year trading with 4000 dollars i will put 3000 into stocks and maybe 1000 into curriences using etoro.. but this is just a plan for now i dont plan on starting till the end of this year so this gives me this year to learn as much as possible and paper trade.. or i was thinking of just opening an etoro account with 100 bucks and see what i can make happen cuz the eur/ usd is seriously gonna go up its a no brainer

Posted by: Kirkuk on 2010-03-06, 09:16:09

And watch your money vanish faster than the winter snow in spring,if it was just that easy don't you think everybody would be into Forex,these companies LOVE beginners....

Posted by: Ulala on 2010-03-06, 12:56:03

This is what i'm currently using to generate money at home..forex trading..it's not hard when u have guide when to buy or sell the currencies..first u need to take a signal software as listed below,then u need to get a broker,try the broker's link that i'm using below.. 9b25c7hgd9r10pedb5qquz7jw7.hop.clickbank.net/ ?tid= ADSB8 fffa24oqpap8fncr1lud6don7r.hop.clickbank.net/ ?tid= ADSB8 5c1e47mrd8m5az7bzsj8xb9ahe.hop.clickbank.net/ ?tid= ADSB8 1a57edkhq9t62zee3zq4zv6n5g.hop.clickbank.net/ ?tid= ADSB8 84e4ebofk9h22m6ktinok0r1fk.hop.clickbank.net/ ?tid= ADSB8 74743cfrnbr31mbm8hcc2lj93o.hop.clickbank.net/ ?tid= ADSB8 e79497hmibm-6v1bj-8d6p61ci.hop.clickbank.net/ ?tid= ADSB8 f95ff2jnkgp42r2q3yyz1dwxbe.hop.clickbank.net/ ?tid= ADSB8 0d9e88jqfeqv2s8i2tvmp3xbij.hop.clickbank.net/ ?tid= ADSB8 fxcast is the best and easier to use than e-toro.. broker: fxcast.com/ ?pr= 21159