Question by j boy: What is a good website to learn the basics of Forex trading?
I just attended a seminar on Forex trading the other day. I’ve downloaded a demo version of AVA FX and Im battling to get the most out of it. Is there a more simpler version out there from another company that will also run on my Mac because AVA FX only runs on windows.
Best answer:
Answer by Alexander Collins
Hello,
The best way to start learning is visiting top Forex website for newbies Babypips and read a lot of different Forex tutorials and articles on trusted Forex websites.
Hope, it will help
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February 18th, 2012
kk
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Try with this Forex trading simulator
http://www.bullbearings.co.uk/fx.trading.guide.php
It’s online and you can register for free, they give you a credit of £100,000 to place your trades. This site also has tutorials and advice. I started using it for stock trading but now I am hooked up with forex
So you say you want to learn how to invest in the stock market. Before investigating a company I would like to suggest you fething.
Education is the key ingredient. Read all you can get your hands on about investing and the stock market. Knowledge is power, so become an educated invest before making your first buy.
Your next task is to figure out 4 things.
The amount of risk you’re willing to take?
No risk, Low risk, Medium risk
You get the picture.
What kind of investor do you want to be?
Saver, Speculator or Specialist
How long to want to invest?
Day trader, Short term, Long term or Life long
What do you want to invest in?
Stocks, Bonds, Coins, Precious metals, Money Market, Real Estate,Etc.
There are different styles of investing so learn them all and then pick the one that suits your risk tolerance and tastes.
You can also learns a lot from the site given at my resource box. This site has a lot of articles that help amateurs and other people who want to start foreign currency exchanging or want to find information about it.
Hope that help you. Cheers.