There is so much information out there that one wonders how to learn forex trading online these days and where to start. In this article, I'll give you a few killer points to accelerate your start in learning profitable forex.
Demo Account
Get yourself a demo or dummy account from a forex broker. All of them provide one. You may have to download some software but the instructions should be self-explanatory.
The prices are usually promptly delayed but you can get a feel for how to place orders etc. You may also even develop an early intuition for the market as some beginner traders do this way.
Books
Even today with the abundance of information on the internet, you still can not fault the value of a good book.
There are many excellent ones out there. Some of my recommendations include "Market Wizards" and "Reminiscences of a Stock Operator". Even though the latter is about the stock market, it teaches a great deal about trading in general rather than being product specific.
Forums
Thanks to the internet, you can chat and ask questions with other forex traders of all abilities. Baby Pips is generally considered as the best forex forum for beginners and you can learn a lot about how to learn forex trading online there.
Trading Course
If you're serious about learning as much as possible in the quickest time possible then you might want to look into online courses that delivery content in a variety of formats such as videos and webinars.
They are expensive but I've heard from many people that they are definitely worth it.
0 comments