FREE Forex Trading Guide for Beginner Traders. When I started trading I felt
overwhelmed because of all the information available on the Internet, I didn't.
FREE Forex Trading Guide for Beginner Traders When I started trading I felt overwhelmed because of all the information available on the Internet, I didn’t know which one was credible and which one to ignore. Well, I’ve done the hard work for you and cut off everything that isn’t useful, and only include information that will actually help you better understand the Forex market. Here we go: 1. Print the Free Forex trading guide for Beginner Traders (Yes, print it down). 2. Open a FREE demo account and download a FREE charting package. Get familiar with it, open your demo account with MetaTrader 4, it’s the most popular charting package and it’s pretty easy to use. Open a demo account and charting here: http://clk.atdmt.com/FXM/go/331877443/direct/01/ 3. Read the Forex Course for beginner traders. At this course you will learn everything about the basics, technical and fundamental analysis and more. You can access the course from this link: http://www.straightforex.com/courses/course/view.php?id=2 3.1 Take the tests of the course. To access the tests you need to register first. Register here: http://www.straightforex.com/courses/login/signup.php 4. Read the Forex Course for advanced traders. At this course you will go through advanced topics such as risk and trade management, position sizing and more. Access the course here: http://www.straightforex.com/advanced-course/course/view.php?id=8 4.1 Take the quizzes of the course. To access the quizzes you need to register first. Register here: http://www.straightforex.com/advanced-course/login/signup.php 5. Develop a Trading System. You need to develop a system that fits your trading style, risk profile, trade personality, etc. You can combine the technical indicators, candlesticks, and other tools reviewed at both courses. You need to have simple and concrete rules. 5.1 Demo trade your system. Using your demo account, test your system, it’s important to make sure you trade consistently on demo before going live. 6. Request a FREE one-on-one coaching session. I can help you develop a system from scratch or increase the profitability of your current system. You can also address other issues regarding Forex trading: http://www.straightforex.com/free-coaching-sessions.html
7. Visit the FREE education Section. You’ll find plenty of free resources that will help you trade better: Forex analysis and forecasts, live webinars, books reviews, Forex tools, Forex forum, and more: http://www.straightforex.com/free-forex-education.html 8. Open a real account. Once you demoed your system and got consistent results, you’ll be ready to trade live, be sure you get consistent results on your demo account first. Open a real account here: http://clk.atdmt.com/FXM/go/331877441/direct/01/ 9. Read these articles. Some of these articles will change the way you see and approach the market, they are definitely a must if you want to trade successfully: Analizing the Forex market: going back to the basics How to decide whether or not to move your stop loss levels 3 Rules to draw perfect Support and Resistance levels How many currency pairs to trade per day This is what Alan Greenspan thinks about currency forecasts Dude, technical indicators don’t work My take on trading the news Price Action: A short term trading approach Do you think a winning trade is always good? Think twice There are two types of traders, which one is you? Do you know what our job is as traders? Risk, leverage and realistic expectations What is the most difficult thing about trading successfully? 4 steps to get rid of overtrading? Liked this Trading Guide?