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Forex Trading for Beginners (A Step-by-Step Guide)
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/r/Forex Trading Community
Welcome FXGears' Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /Forex is the official subreddit of FXGears.com, a trading forum run by professional traders. FXGears.com hosts and moderates our chatroom, and has developed such tools as the chart bot you'll find available in chat.
Complete Currency Trader is the brainchild of James Edward, founder & CEO. It uses a system that professional traders use. Most courses analyse currency pairs but CCT examines the forex marketplace as a whole and matches strong currencies against weak currencies.
Would anyone recommend a reliable forex training course or method? I just got very disappointed by a fake workshop I attended.
I’m a beginner. I’ve been watching Trading 212’s Youtube videos, which are very nice and I’ve also been following some courses on Skillshare (of various quality levels). Sharing an important tip: careful when joining the free “workshop” by Greg Secker (Learning to Trade / Trader Lifestyle), massively advertised right now on social media. It’s actually a pre-recorded video, it doesn’t cover most topics presented on their ads and it shows you their 8-step training package that costs £10,000! And the chat is scripted and fake, there’s no genuine reaction there. I tested it by leaving the session and coming back in and only my chat comments disappeared, all the made-up other ones remained exactly the same. No insults and no lies here. Just sharing this “red flag” with you, as I myself would have liked to be warned before I lost 1h watching it.
Is it me, or is the quiz offered on this Forex training site wrong?
I'm still learning, so I could be wrong, but I can't figure out why my answers to this training site's Forex test were wrong, so I'm not sure I should trust this site. Here's why I think they're each wrong, can someone let me know if I'm wrong on any of these and why?
You can't translate pips to a flat profit amount, it depends on the percent change.
There are 4 major currency pairs, the others are commodity currencies, but not considered majors.
Liquidity is about a tighter spread, and there being more buyers/sellers available, not how much it moves.
The S&P 500 isn't necessarily the 500 largest, but is constructed based on a few other criteria besides just size.
You need the best forex training for beginners that is currently available. Once you are trained, you can learn how the Forex 24-hour trading market can give you access to trading, through the four major trading sessions (London, New York, Tokyo, and Sydney) regardless of your time zone. Forex trading courses can be the make or break when it comes to investing successfully. Read and learn from Benzinga's top training options. FOREX.com is a registered FCM and RFED with the CFTC and member of the National Futures Association (NFA # 0339826). Forex trading involves significant risk of loss and is not suitable for all investors. Full Disclosure. Spot Gold and Silver contracts are not subject to regulation under the U.S. Commodity Exchange Act. A selection of the best free forex training courses which are perfect for beginners or traders just starting out. 17. FX Academy. With possibly one of the most comprehensive free forex courses around, FX Academy have a lot to offer traders of all levels. You can learn within your own schedule and can chose the topics that are of most value to you. Ultimate Traders Package 2020 offers the best Forex training course, 100% online. Join our community of successful students and traders. Get started now. Learn More. Forex trading education and technology made simpler.
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