MoneyTec 2.0 - Online Forex Traders & Brokers Social Networking Community » Trading Talk » Beginners Forum

[senses206]

In my quest to becoming a successful trader I did my due dilligence. With the help of Driver Dan, this list should keep you entertained for a LONG while :-)


Basics/Required Reading - Information for beginners and sites everyone should have bookmarked
FXTrainer (FREE Trading Lessons) http://gotolearn.fxtrainer.net/mainT...=CoursePreview
FXTrainer Marketing site - http://www.gotolearn.fxtrainer.biz
InvestOpedia (great resource) - http://www.investopedia.com/
Forex PDF Collection - http://www.savefile.com/projects.php?pid=868431
Forex Basics (short) - http://www..com/getting_started/forex_basics.asp
Forex Basics (longer, better) - http://www.goforex.net/forex-basics.htm
MMG Forex for Dummies - http://www.moneymakergroup.com/index.php?showtopic=8775
NY FED Foreign Exchange Site - http://www.ny.frb.org/markets/foreignex.html
ForexTradingWorld - http://www.forextradersworld.com/
www.babypips.com
funny and easy-to-understand guide to trade forex made for beginners

News / Analysis

www.forextv.com
If you like to watch forex news instead of read forex news.
www.forexblog.org
currency trading news
www.dailyfx.com
http://www.babypips.com/forex-resou...news-sites.html
great list of financial news sites
ForexNews - http://www.forexnews.com
DailyFX - http://www.dailyfx.com/calendar/FXCalendar.html
http://www.acetraderfx.com/eng/resources/
http://gm.bankofny.com/Research_Home.asp
http://research.cibcwm.com/res/FEX/FEXResearch.html
http://www.pro-forex.com/en/forexreview.php
http://www.rbsmarkets.com/psp/public/home.aspx
http://www.bbh.com/products/fx_daily.shtml
http://www.gftforex.com/resources/commentary.asp
http://www.fxstreet.com/
http://www.forexcentral.net/forex-forecasts
http://www.mataf.net/en/
http://www.forextelevision.com/FT/index.jsp
http://www.iesm.net/
http://www.fx-charts.com/
http://www.fxcentre.com/
http://fxtrade..com/resources/4cast/indexi.shtml
http://fxtrade..com/resources/ubsnews/index.shtml
http://www.mizuho-cb.co.uk/TresInternet/index.htm
http://ozforex.com/cgi-bin/dailycommentary.asp
https://www.rbccm.com/0,,cid-15976_,00.html
http://www.fxtechtrade.com/en/
http://www.scotiafx.com/FXCommentaries.htm

Money Management
TS Research Group (EXCELLENT!) - http://www.tsresearchgroup.com/en/public.php

Signal Services - 99% of signals are a scam so BE CAREFUL and always learn the basics first
Collective2 (real time signal monitoring) - http://www.collective2.com/
Forex Trading Service Review - http://www.fx-review.com/

Books and Magazines
http://www.currencytradermag.com Free monthly magazine
Trading In The Zone, by Mark Douglas (MUST READ, psychological)
Trade Your Way To Financial Freedom, by Van K Tharp (psychological)
Come Into My Trading Room, by Alexander Elder (psychological, processes)

Brokers
- http://www..com/
- http://www..com/
FXCM - http://www.fxcm.com/
North Finance - http://www..com/


Justin

[EURUSD SCALPER]

Great collection, one such thread is http://www.moneytec.com/forums/showthread.php?t=15471

[forecaster]

thanks senses206, a helpful list. Am going through the other thread that scalper suggested right now.

I'll be busy for a while

[forecaster]

Just came across this one. Today's commentary on 5 major currencies, EUR, JPY, CHF, GBP and CAD, complete with graphs, currents, day's change, 1 year highs&lows for the major pairs on that specific currency. I like the layout too..

FX World Trade Euro Commentary (change the currency in the URL to see the others, or click from this link..

John.

[senses206]

thanks :-) Nice link

[nkss]

I am a newbie. Thank you gentlemen for the excellent links, I will investigate each one.

[Big Pippin]

Can we make this post sticky? I think it's a great idea.. why don't we add e-books, magazines and blogs to the list?

I think it would be cool if we somehow incorporate a voting system so that we can see which resources people are actually using.

[senses206]

Great idea Big Pippin...

I'm new to forum posting and don't even know what a "sticky" is but I can tell you what my favorite links are:

Education:
- http://www.gotolearn.fxtrainer.net
An interactive learning center with live beginner and advanced chatroom trading discussions. To accelerate the learning process in forex trading you can do it two ways: With a team or automatic trading system. FXTrainer has both.

News and Analysis
http://www.fxstreet.com
You can find great articles about forex trading here

Books and Magazines
1. http://www.currencytradermag.com

This is a free monthly magazine available at the beginning of every month. A great publication discusses the following:

-Trading strategies and systems
-Analysis of real trades
-Interviews with top traders
-Trading system analysis.
-Economic and industry news
-Global Market Summary
-Reviews of Web sites, software and other technology and books.

Go to the above link and sign up. Every month you'll receive an email with the new download link.

2. Trading In The Zone by Michael Douglas HIGHLY RECOMMENDED
I can't stress the importance of this book enough. He constantly hammers the point of getting your emotions in check before trading.

"If you want to stay in the game you must have unbreakable rules"

"You can't control your trading if you can't control yourself"

You can find it at any Barnes and Noble or go to amazon.com


Justin

[proedge_joe]

These links are very helpful.

[UM_manager]

A very good free weekly calendar of U.S. and Global market moving events (without any bugs): http://understandmarket.com/index.php?categoryid=24

[_Ayman_]

Forex forums
www.elitetrader.net
www.trade2win.com
www.forexfactory.com

[fxsport]

Any suggestions on good divergence information/trading?

[goldox]

Try this site:

http://www.forexcycle.com

[Big Pippin]

upping this thread. I think it's a great source.

[pkievman]

here is another great link, forexreporting.com, they are a new site but are constantly updating content and other amazing stuff.