How to learn Forex Trading?

Discussion in 'Forex' started by Coner1980, Aug 10, 2020.

  1. How to learn Forex and which Forex Ebook will you recommend to study for learning?
     
  2. DevBru

    DevBru

    Skip the forex part. Get in to stocks, futures or options.
     
    cesfx and Gaslight Capital like this.
  3. Tradex

    Tradex

    Forex For Beginners (Anna Coulling, paperback or Kindle).
    There are also plenty of Forex for Dummies books (no disrespect intended).
     
  4. Tradex

    Tradex

    Does your stock (or even futures) broker give you 50 to 1 (or more) leverage?

    If you have an excellent trading system leverage will allow you to compound your winnings fast.
     
  5. Most US futures brokers offer day trade margin of $500 on the S&P ES contract. At current price that 330 to 1 leverage.
     
    Tradex likes this.
  6. Tradex

    Tradex

    Yes, if you limit yourself to day-trading.
     
    IAlwaysWin likes this.
  7. bulls95

    bulls95

    Apart from books do take help of forums like babypips. They have a lot for beginners. I myself took help from it when i was new to forex.
     
  8. Thanks for your details reply. I am already learning Forex from babypips and i hope i will learn forex very soon with the help of babypips school and other learning material.
     
    bulls95 and rider20 like this.
  9. rider20

    rider20

    Indeed babypips course is the best ones to start with. You can even take help from youtube, its helpful too.
     
    Devin larrson likes this.
  10. Babypips is a great platform for beginners.
     
    #10     Aug 14, 2020
    rider20 likes this.