Sunday, May 27, 2007

New to Forex?

New to Forex?

I would recommend that anyone who is new to Forex Trading go to Baby Pips and work through the 'school courses' that they offer - if you are real new you'll want to start out with their 'Pre-School' course which has lots of great information for newbies.

It's a very well written website and is written from a neutral point of view (doesn't promote someone's trading course in their informational material.

(However, one word of warning on their advertisements that are listed: because this is such a great place for beginners to start - it's also a great place for those who are selling systems to advertise - so beware.

I would advise you to thoroughly check a forex system out before you buy! Do some research on Google (and other search engines) to see what other people think about the system. Find some good Forex Trading forums and ask for opinions about the system there).

Usually it's best to paper trade first and then start trading with a fairly moderate investment first. But, there are alternatives out there in which you can start out with a smaller investment.

More on that later....

More Great Forex Info.

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