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Old 19-01-2006, 18:13   #152
OneClickAway
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Learning to trade forex

I've been trading part time for a year now...and am just now beginning to get comfortable with trading.....well not totally. AFter much study and reading and staring at charts, I have developed my own strategy, which seems to be working, at least initially....time will tell.

If I had a penny for every good trade that I've missed I'd have way more money than whats in my trading account.

The way to become a profitable trader?

Read Books on trading.......some are recommended on Moneytec
Read articles on the internet............many abound
Get familiar with forex websites..........there are lots
Open a Demo Account with a broker............and get the feel of trading
Don't accept anybody else's advice or signals at face value........always check it out with what you know already and with other sources of information.
Look at charts and study price action and candlesticks
Get to know Technical Analysis and indicators
Get to know fundamentals

Well that should be a good start anyway,,,,,

Cheers
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