FOREX TRADING ADVICE (please): I am an absolute "newbie' to Forex trading, but I would like to become...

... successful at it (of course). I understand that it requires sufficient education, and that over 90% of traders actually never make any money. My question is this; is anybody who is reading this actually making money through Forex trading, and if so, where did you get started/ educated on it? Is there any relevenat advice you can give me about trading, finding/ learning about trends, mentorship programs, etc.? Also, what are your feelings towards those websites who claim to be "trend locator's" with signalling telling you when to buy and sell? In short, I want to start trading and making a profit A.S.A.P, with the most minimal investment (aside from the $ I plan to use to begin trading). I am not a fool, and I realize that I need to be well educated first, so are there any books, or courses that can be recomended aswell? THANKS FOR YOUR HELP!!!!

Public Comments

1. Here's where you can get a free Forex trading report: http://forexsystemprofits.com Hope this helps!
2. You can check your option in this site. they do not provide auto signals or tippers, instead, they will provide a REAL, LIVE PERSON called Account Service Manager who is actually an expert in the field of forex trading to be your mentor, adviser, friend and trading partner. the volatility of the market is so high that no amount of computerized maneuver can really predict the outcome but your Account Service manager can give expert advises, tricks and strategies to become successful in your trading activities based on actual, real experiences. He/she will even trade with you until you become familiar with the system and you can then trade on your own. And you can always interact with other expert forex traders in their chat room. Start by registering and downloading a Free Ebook. Being a newbie as you are, you need to read a lot to learn the trade.
3. Hi There, I understand your predicament as I was in the same situation 6 months- a complete newbie struggling to get my head around what was actually going to make me any money. There are a sea of scams available and it can be very confusing. My advice is to check out Forex AutoPilot System. It is a completely automated forex robot which does trading for you. You need minimal knowledge and can test it out on a demo account first without having to spend any of your own money. I personally made $300 in my first week, and it has gradually increased since then. Click The Below Link To Check It Out: http://www.forextradingsoftwarereview.com/forex-auto-pilot.html Best of luck, Peter
4. I trade outside my normal business and I do quite well for a part time thing. I didn't start with much capital but I also didn't make a lot. I was kind of risk conscious all the time. However a few months ago, I started going a bit more aggressive with my profit and I started buying a few software to help me. That made a lot of difference especially Forex Killer. Forex Killer helped me to confirm my going into and out of trades. I don't depend on Forex Killer alone as some people do but it was a big help. Now this week alone, I saw the Forex Assasin and Automated Forex Cash being launched. They look very convenient for a new comer. But whatever, the most important thing is you must understand the basics of the trade itself. Read as much as you can. Use the forex systems and play with them on paper trades until you are comfortable. Remember Forex can be risky.
5. Hi, I have started trading forex and it sure is a rollercoaster. You may need some expert advice and I would recommend you do you’re research before starting. Try out the following site it is packed full of articles, tips, resources and links you can use for all of you’re forex trading needs. Thanks http://www.forex-trading-advice.info
6. Be very careful when entering Forex for the first time. I also strongly advice against paying excessive amounts for 'forex training courses' where they promise a secret formula to be given away. Here is a free resource with lots of useful forex info: http://forexprofitingtips.net
7. Go to forex.com and open up a demo account. Once you log on and are on the platform find the tab that says research. Then click on "strategy of the day, which is run by a very well known trader named Todd Gordon." Start following the strategy of the day religously. You will gradually start to understand what it takes to make money in forex. THE #1 RULES are dont over leverage and cut your losses before they get out of hand. If you follow the strategy of the day everyday you can A. make money just taking his advice and B. Learn how to make money without his advice. TRUST ME. You can make money in this market but it will more than likely take you years before you really know what you are doing, but Todd Gordon can speed up your process. You will more than likely have way more losing trades than winning trades, so you HAVE to learn good money management. And you cant have "off days" with regards to money management or you will lose your entire account in 1 afternoon. Start trading the right way from the very beginning.
8. Yes although I have been investing for the last ten years I would recommend http://www.theinsidercode.com if you really have the time to learn the game. Mac will teach and coach you until you feel confident in reading the charts. However if you are new and have no time to moniter the markets I would suggest http://krore.forexrobot.hop.clickbank.net a unique automated robot that trades for you. In the last one year of using it I have not been able to get the huge gains of 200% per month as some others but I have got a conservative 50% profit on my $1000/- investment using a mini lot and am planning to increse my invest to $10,000/- and using a standard lot. Do not worry if you do not understand the terms mini lot and standard lot because there is also the micro lot if you want to start with only $100/-. The programme comes with a free course which will teach you all these basics. Best it comes with a 58 days money back guarantee. Test it for 50 days on a demo account and if you are not happy with your results get a full refund. http://krore.forexrobot.hop.clickbank.net
9. Forex is a challenging market but extremely profitable. When I started trading Forex, I had experience in stocks and options, but I noticed I had to work hard on Forex so that I could learn how this market works. There are some good websites that can help you learning Forex. You can start by reading free ebooks like the http://www.freeforexebook.org/ . Other good place to look for good Forex products is http://www.forextopten.com/ . It has lots of review on plenty of educational products and systems. A good course that I found particularly useful was http://www.superforexsystem.com/ . This one is extremelly complete and teaches lots of different strategies specially for Day trading.