Friday, February 8, 2013

Training for success

Easy-Forex™ offers one of the most effective forms of training through hands-on experience. For as little as USD 25 at risk per trade, you can start trading while learning in real-time. Easy-Forex™ strongly recommends starting with very small volumes, and depositing an amount to cover a series of trades. Learn the basics of the foreign exchange market, trading terminology, advanced technical analysis, and how to develop successful trading strategies. Discover how the Forex market offers more opportunities for quick financial gains than almost any other market.
There are many kinds of charts (see Chapter 6, Technical Analysis). Start with simple charts. Try to identify trends and major changes, and try to relate them to technical patterns as well as to macro events (news, either financial
Read daily/weekly outlooks posted on Forex or general financial sites. Many include alerts to upcoming reports and events such as market indicators and interest rate decisions.
Don’t hesitate to browse Forex glossaries, which are offered free on many platforms. A given word may have different meaning as it relates to Forex and to the terminology used by the Forex market participants.
Visit and participate in Forex forums. This gives you an opportunity to learn from the experience of others. Of course, remember that some forum participants may be biased, promoting a given Forex platform or their own agenda.

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