FX Trading offers excellent opportunities for you to profit from movements in global foreign exchange markets starting with a small capital investment.
Forex Trading Guide is a series of trading tutorials aimed at helping you learn how to trade forex. Along the way, you will gain an understanding of how foreign exchange prices move, how to develop your own trading system, and learn the mental attitude required to become a winning forex trader.
We have recently added a collection of articles on automated forex trading, including many Metatrader 4 Expert Advisor Scripts (also know as MT4 EA scripts).
There are also many new free forex ebooks with useful content. There is also a list of possible forex trading strategies for you to test out. You can either use these ones or modify them to suit your own trading style!
The tutorials include:
Why trade forex? - Get an overview of the unique features thatmake forex trading attractive to the beginning trader.
Forex overview - Understand what the forex markets are about andwho participates in this market.
Trading basics - Learn the basic mechanics of trading.Understand price movements, trading timeframes and markettrends and why these affect your trading.
Avoiding scams - Learn how to avoid being scammed by falsepromises and dishonest brokers
Choosing a forex broker- Learn why you need a broker, whata broker does, how brokers charge for their services and how to choose between brokers.
Rules to follow - Essential do’s and don’ts of forex trading.
Learning to trade - Learn forex trading without losing your money.
Risk management - Understand how to control your risk inthe market
Market news - Understand how to profit from market news
Price data - Obtain the price data you need for trading
Trading systems- Learn how to develop your own profitable trading system. Understand the different approaches youcan use. Understand the objectives of a trading system. Learnhow to build a system you can trust.
Trading software - Select software that will help implementyour trading system.
Building trading systems - Design and develop your own customised trading system. Learn about data smoothing and expectancy.
Backtesting- Learn how to test your system to ensure that it is robust and able to consistently return a profit.
Successful trading- Develop the mindset of a winning trader.Learn how to transcend greed and fear and become decisive and confident.
Forex Strategies -A collection of simple strategies to help you get started with forex trading.
Automated Currency Trading - Looks at robot trading where little or no input is required from you. There are some automatic scripts to try on the metatrader 4 platform. These are known as expert advisor scripts.
Unlike most other FX trading sites, we are not brokers, or in the business of selling trading software, or training courses. You can be assured that our information is unbiased and based on our own research and experiences in the markets. We encourage you to check anything that you are unclear with against other independent sources.Good luck with your forex trading, and we wish you success in becoming a successful forex trader.