How to start trading forex
‘How can I learn to trade forex?’. This is the first question people ask when they read about how much money forex traders claim to make.
The fact that easy money is the incentive for beginner traders explains why most traders don’t make a profit. No warning about forex trading will discourage people who are told what they want to hear.
We don’t say you should never pay someone for good mentoring. You can benefit from a trading group by a successful trader who shares her knowledge. It’s even better if she trades with her members. We say that we live in the technological era where information is as far as Google.
The reason why most traders are not profitable is because they believe the hype about “easy” money. Obviously that leads them to expect profitability by merely following a system. So, do the footwork before you spend your money on training or trading software.
Anything worthwhile in life comes only after effort and dedication. Why would forex trading be any different?
Why do you want to trade forex?
Once you have researched forex trading deep enough to form a good idea of what it entails, you will realise what is needed for successful fx trading.
This website provides enough information and sources to keep you busy for quite a while, and this is only the basics of what you need to know.
If you believe some rich guy will share a secret with you for a hefty fee , you will lose your money, because your thinking is flawed.