For those who want to learn how to trade foreign currencies, forex education is available. There are a number of forex websites and programmes available for download that teach the basics of forex trading. The subject of forex trading education is covered in books, CDs, and traditional software packages.
The list of sources that follow is not exhaustive and is meant to be brief. Visit our website to see what we think are the best products for you.
In Forex Trading for Maximum Profit: the Best Kept Secret off Wall Street, Raghee Horner teaches the basics of forex trading, such as how to draw trend lines and distinguish between major and minor trends, in an easy-to-follow book and CD-ROM. When it comes to placing orders and preparing for forex trading’s highs and lows, this book does its best. It includes a CD-Rom that shows trading techniques and the author’s successful trading strategies. One of the best teachers of forex education is Raghee Horner.
With 24 CDs, Online Trading Academy’s Ultimate Professional Trader Plus CD library aims to be the ultimate forex trading instruction bundle. Everything from the basics of forex to tips for individuals who want to make a career out of forex trading is covered in this set.
Demo accounts are available from a plethora of websites to anyone interested in learning the basics of forex trading. Hawaii forex, for example, provides free “webinars” in addition to free sample accounts. In addition, a “power course” for learning forex trading indicators is available through this website.
Forex Trading USA is another organisation that will soon be offering live forex instruction on the web. In this company’s opinion, the best way to learn how to trade currencies effectively is through mentorship.
To help traders get off to a good start, Advanz Forex offers a variety of online courses. It’s possible that this is the ideal training package for those who need to learn forex trading quickly. This forex training course is accessible in both English and Spanish languages.
Forex trading, like any other form of investment, carries the risk of considerable loss. Excessive loss can be avoided most effectively by obtaining information and guidance from a reputable third party. You should wait until you have a strong education in forex trading before making your first deal, as currency trading is more complex than either equities or options trading.