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putotot (52)   ranked 12,820 out of 21,109 in make extra money7 months ago

I'm interested in venturing into forex trading. Can anyone here give me any tips on how i should start? Actually i only know the concept of forex trading but i do not really know how to do it, how to start doing it, and the other technical stuff about it. Help me please.:)

 
 
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tags:  forex trading, money, business, make money
 
1. myLot reputation of 96/100. sdas86 (2097)   ranked 159 out of 21,109 in make extra money   7 months ago

Hi,
I am not a pro of forex but I tried forex before. It is quite fun but quite dangerous because you can make money in a few minutes time and you can lose money in a few minutes time.

You can try the trial account at www.forex.com

Learn first before you are using real money to invest in forex. Best of luck to you. lol


putotot (52)   ranked 12,820 out of 21,109 in make extra money  7 months ago

oh, thanks for the tip.:) Is it hard to learn?


myLot reputation of 96/100. sdas86 (2097)   ranked 159 out of 21,109 in make extra money  7 months ago

Hi,
You can try to play around with the demo account and then you will be able to learn something.

If you want to learn even more about it, then you can go to babypips.com to learn more because the site gives lessons and tutorial to help you get familiar with forex trading. http://www.babypips.com/school/

Have a nice day! lol

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2. untara (68)   ranked 2,848 out of 21,109 in make extra money   7 months ago

Yes Agree with the previous post! Try demo Account first before you jump into the real trading.

Forex.com is one of legitimate brokers but I do not use them since I got Internet connection problem with them (forex.com is used web based and java platform for trading)

I prefer to learn and trade with brokers who offering Meta Trader Platform .. the charts & indicators is looks more nice and clean.

Oh by the way .. always carefull and cautious when its time to choose your broker. check their Regulations, first!

There are so many un-regulated brokers right now on internet. be careful


putotot (52)   ranked 12,820 out of 21,109 in make extra money  7 months ago

Oh thanks untara, i'll keep that in mind.

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3. Susannalin (44)   ranked 5,673 out of 21,109 in make extra money   7 months ago

My lesson is when you don't focus on profit, you will have profit, otherwise, you lose it. Do it with a learning attitude. Read books about it. That is all I can think of right now.

Good luck.

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