Posts Tagged ‘babypips’

Learning Forex trading?


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Im not new to trading im a trend follower/ band trader i mostly use technical analysis but i trade stocks. Recently a few days ago i said wth why not try forex because i was reading about Randy Mckay who turned 2000 into 70000 in just 7 months! WOW. Before i start trading for real though i want to know alot more about this business. Is babypips.com a good site to do schooling on??? Any recommended books to read?? im just 19 years old ive been trading since 9th grade.. not with real money though but i figure forex and technical analysis work in the same way so if i can make money in stocks why not curriences? plus i get waaaayyyy more leverage and profits. Seriously i wouldnt put all my money into this but its a good way to diversify. I plan to start this year trading with 4000 dollars i will put 3000 into stocks and maybe 1000 into curriences using etoro.. but this is just a plan for now i dont plan on starting till the end of this year so this gives me this year to learn as much as possible and paper trade..
or i was thinking of just opening an etoro account with 100 bucks and see what i can make happen cuz the eur/usd is seriously gonna go up its a no brainer

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How to step up my Forex game?

Hola,

I’ve been trading Forex in a demo account for over 2 months now. I’ve lost everything once in the process, made over ,000 some days, etc. But I would like to research forex trading more to get more expert opinions. I’ve read the whole beginner’s guide on www.babypips.com (good resource for people brand new to Forex!)

Anyway I was just wondering…… are there any people out there famous for trading Forex full-time and being successful at it? Are there any widely-acclaimed books or articles or schools of thought? Keep in mind I’m not referring to "systems" you have to pay for, ie. scam artists.

My forex blog:
www.yarcofin.wordpress.com

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