Where to learn about forex trading for beginners

[radex78]

read ebooks, and articles forex is good to develop insight, but in my opinion a better learning is the jump-to-market, learn with practice and pour insight into the forex market

[prisocksorg]

You show the file link in wrong, the link was not shown in full link.
Please fix the link. All the links. I'm interested in what the ebook will teach us.

[nahiyar]

There are many places where you can get learn about the Forex trading.There are so many sites like babypips, so many completely Forex related forums like FXFRED and MT5 where you can get the information about all Forex related matters and topics.The best place to utilize the information, collected from these sites and forums, is to trade in demo account..

[KiRA]

Oh you are tutor,then nice to meet kira forex tutor .
I like to know some information on " What do you suggest beginners for forex trading...?".
Would be good for me to join the conservation with you here in these thread.

lol.. I'm tutor on other place.. but not here x.x
My suggestion is to learn.. find a tutor if you can.. or study on your own..learn everything you need to know..
take a test drive on a demo.. find your strategy.. test again.. when it gives good profit, take it to real account..

[nehmer]

You show the file link in wrong, the link was not shown in full link.
Please fix the link. All the links. I'm interested in what the ebook will teach us.

i uploaded the link again seems like its deleted and failure you have to download it fast send me a email address so i can send it to you not here since it public hope you can download it so you can learn forex easily i have converted it also to doc version to print it easily.

[Palove]

lol.. I'm tutor on other place.. but not here x.x
My suggestion is to learn.. find a tutor if you can.. or study on your own..learn everything you need to know..
take a test drive on a demo.. find your strategy.. test again.. when it gives good profit, take it to real account..

And you can still manage you demo account with your real account in other to make your strategy better.

It is neccessary to use your demo account as a real account during your test period, basically using just as much or a little above the amount you plan on investing.

[prisocksorg]

I just can not download these links. Hm, when I receive these files, can I share it with everyone in this forum ?

My suggestion is to learn.. find a tutor if you can.. or study on your own..learn everything you need to know..
take a test drive on a demo.. find your strategy.. test again.. when it gives good profit, take it to real account..

Hm, so you try to learn Forex yourself but just finding out how the Meta Trader works ?

[nehmer]

I just can not download these links. Hm, when I receive these files, can I share it with everyone in this forum ?



Hm, so you try to learn Forex yourself but just finding out how the Meta Trader works ?

you can if you give me your email and i can send it to you but you do not need to sell it since its the property of babypips not yours to sell you can send it you your friends who wants to learn forex i cannot upload it in the the mediafire or rapidshare there seems to be an error.

you can learn metatrader in youtube i learn it there at least the basic things in how to order.

[KiRA]

And you can still manage you demo account with your real account in other to make your strategy better.

It is neccessary to use your demo account as a real account during your test period, basically using just as much or a little above the amount you plan on investing.

Yep.. I already have my strategy and using it on my real account. I just found another one and I'm testing it on demo right now with 10,000 deposit. Although, the strategy lost the first day, June 1 because of wrong SL, I recovered instantly yesterday cuz of minor modification to the SL and TP. It can earn 500 pips a day if you use a lot of charts I managed to get 150+ pips yesterday and now the balance is still minus but yeah, it's just -40 left.. few more trades and going profit.

[senger]

Forex learned from books
I've read a lot in books and see some video of the famous technical analysis and learn from them

[chuna1985]

@ Kira:: Targeting 500 pips per day is not a good idea in forex trading especially for a newbie. Systems that we build up for our trading are meant to be suitable and simple. Start by targeting small pips per day like 50 pips. From there you can keep improving.

If you make difficult targets, it will lead you to over trading and this will equally bring more losses.

[nehmer]

@ Kira:: Targeting 500 pips per day is not a good idea in forex trading especially for a newbie. Systems that we build up for our trading are meant to be suitable and simple. Start by targeting small pips per day like 50 pips. From there you can keep improving.

If you make difficult targets, it will lead you to over trading and this will equally bring more losses.

you two sure like to pursue a lot of pips in a day wow what a professional traders here in the house. I can only manage to target 30 pips 500, 150 and 50 pips are already big enough for my trading carreer to handle i am already happy with 30 pips but if my trade would go beyond 30 why not its possible as ling as you follow rules in trading whether you go by the book or you go by yourself.

[JoeltonsInv]

That was impossible to get 500 pips daily for beginner traders. I think that was hard to reach even you're expert traders. I am disagree if you said that 50 pips daily is small pips as target. I only targeted 20-30 pips daily as profit and that was hard for me to reach. I am not sure if beginner traders could get 50 pips daily.

Might seem difficult on the surface, but it is not impossible, though I vehemently do not suggest it to any trade! For such a enormous pips to be achieved in a day, I believe Kira is into heavy scalping. With the $10000 demo money he can afford to put in large lot sizes and cut the trade even after 3 pips. Those small pips could amount to a lot at the end of the day.

[KiRA]

@ Kira:: Targeting 500 pips per day is not a good idea in forex trading especially for a newbie. Systems that we build up for our trading are meant to be suitable and simple. Start by targeting small pips per day like 50 pips. From there you can keep improving.

If you make difficult targets, it will lead you to over trading and this will equally bring more losses.

That was impossible to get 500 pips daily for beginner traders. I think that was hard to reach even you're expert traders. I am disagree if you said that 50 pips daily is small pips as target. I only targeted 20-30 pips daily as profit and that was hard for me to reach. I am not sure if beginner traders could get 50 pips daily.

Nope, its not impossible to get 500 pips daily. I'm not a newbie in this business neither am I an expert, I'm just an ordinary trader with a lot of strategies. As I've said, 500 is easy using a lot of charts. I'm using 2 charts and am earning about 100-200 pips now ..

[chuna1985]

That was impossible to get 500 pips daily for beginner traders. I think that was hard to reach even you're expert traders. I am disagree if you said that 50 pips daily is small pips as target. I only targeted 20-30 pips daily as profit and that was hard for me to reach. I am not sure if beginner traders could get 50 pips daily.

20-30 pips is not even regarded as small pips. They are even more minute than small. 50 pips is ideal and some traders do not make it per day because they see it is impossible. Take 2 to 3 trades per day and target 50 pips in all of them. In a good day, you will gain 50 pips in two trades and lose 50 pips in one trade. That way, every successful trade will bring you 50 pips.

[JoeltonsInv]

Nope, its not impossible to get 500 pips daily. I'm not a newbie in this business neither am I an expert, I'm just an ordinary trader with a lot of strategies. As I've said, 500 is easy using a lot of charts. I'm using 2 charts and am earning about 100-200 pips now ..

You should add that you are doing all that with your demo account, so some people don't start feeling worse off. I will be interested to know if you are able to repeat the same feat with you live account!

[chuna1985]

You should add that you are doing all that with your demo account, so some people don't start feeling worse off. I will be interested to know if you are able to repeat the same feat with you live account!

The real thing is that once a strategy is working perfectly well in the demo account, then it will bring similar results in the live accounts. The live account and the demo account are the same market movement and volatility.

[andry777]

Nope, its not impossible to get 500 pips daily. I'm not a newbie in this business neither am I an expert, I'm just an ordinary trader with a lot of strategies. As I've said, 500 is easy using a lot of charts. I'm using 2 charts and am earning about 100-200 pips now ..

Oh really? Is it only me who is so newbie in trading? What pairs that you used in trading (multiple pairs or single pair) because it is hard to get 100 pips in one pair only because the movement can't be more than 100 pips in one movement. Or you can take advantages in every movement of pair, I think i must learn much from you how to trade well. What charts that you used to earn 100-200 pips daily?

[KiRA]

Oh really? Is it only me who is so newbie in trading? What pairs that you used in trading (multiple pairs or single pair) because it is hard to get 100 pips in one pair only because the movement can't be more than 100 pips in one movement. Or you can take advantages in every movement of pair, I think i must learn much from you how to trade well. What charts that you used to earn 100-200 pips daily?

I trade multiple pairs but can't go more than 3 pairs .. EU and GU. I'm a full time trader so, it's not that hard to get my target. It may seem hard but you need to train on demo more for some experience with these two pairs..

[nehmer]

20-30 pips is not even regarded as small pips. They are even more minute than small. 50 pips is ideal and some traders do not make it per day because they see it is impossible. Take 2 to 3 trades per day and target 50 pips in all of them. In a good day, you will gain 50 pips in two trades and lose 50 pips in one trade. That way, every successful trade will bring you 50 pips.

that will be better dividing all your trade not aiming high directly but isnt that very dangerous to trade when you make a lot of trades everyday you will be opening a lot problems if you have not analyze the market well right? 50 pips earning is not bad if you have risk a lot on every pip.