Forex trading information. BabyPips.

Tweet

Hello everybody. I thought I would start a topic about Forex Trading so people who are just getting startet with this cand now where to begin. First of all, it's not easy, as one might think, making money in this business is harder than said. Most people end up loosing it. Beginners should start on a demo account, and develop their own trading sistem. There is much to be said about forex, but the best way to accumulate information is by reading it. So, I reccomend taking a look at this site: www.babyipips.com. It's a forex learning/trading site, with lots of usefull features and information. The site is divided into categories, the most important ones being: School, Blogs, Forums, and Forexpedia. At School, you cand read some very educative lessons which give you a clearer picture on what forex is about and how to start trading it. The Blogs section is updated daily with overviews of the major currencies, providing usefull information and trading ideas for the day. The Forums section is home to many forums, on diverse topics, ranging from techincal to fundamental market analisys, to trading sistems that users share. Forexpedia is a wiki where users can post usefull articles and help each other understand everything they need to now about Forex Trading. Also, you can find here a Glossary, which lists lost of forex related terms. I encourage every beginner to visit this site and read the School section carefully. It helped me a lot and it still does, whenever I need information.