Anyone who can offer websites which can give me good information of the foreign exchange trading??
Question : Anyone who can offer websites which can give me good information of the foreign exchange trading??
Am trying to start trading in foreign exchange but i have less information about it,can anyone please help
foreign exchange trading
Best answer:
Answer by Happy Girl
This info has provided me with the most of the information I currently know. Anyway, if you want some extra help take a look at this site at http://v7v.blogspot.com/
Thanks in advance.
Be careful I have checked marketvita.com listed as on a response to you [It is a scam].
Try http://www.dailyfx.co is a professional site with lots of free graphs and info
I have been trading for 10 years so a couple of tips: money management and risk strategy: do not use more than 5% of your capital on one trade with a stop loss or exit strategy.Remember that in the blink of an eye you can lose thousands of dollars.Throw your emotions out of the window otherwise you will lose everything and, finally cut your losses and ride your winners.
Oh, I forgot to mention software…..basically there is no software that works as markets are irrational so do not waste your money. It is better to read and study markets, economic news and charts and build up your own view of where things are going.