where do i begin?
Page 1 of 505 123 ... LastLast
Results 1 to 10 of 41

Thread: where do i begin?

  1. #1
    As a complete beginner, just looking at Forex to try to comprehend what's happening, can anyone provide layman terms advice about how to trade.

  2. #2
    Posted info...

    Will read Associate...

    I've more Idiotic questions than you May have Responses to, bear with me and I'll pick up Things as I go

    Chris

  3. #3
    Quote Originally Posted by ;
    I have more Idiotic questions than you'll have answers to
    try uswe have time to Get a Fantastic laugh

  4. #4
    Quote Originally Posted by ;
    Posted info...

    Will read link...

    I've more idiotic questions than you may have answers to, bear with me and I'll pick things up as I move

    Chris
    Sure, take away. We will attempt to help.
    A lot of your queries surel yhave been answered by previous posts in the forum. We will direct you towards them if desired.

  5. #5
    Ok buster...I'll bite...

    But I'll say I will not give it to you in layman's terms. I'll provide it to you directly. For whatever that is worth .

    If you got here, to this forum. And you're using the term forex. I'll assume that you have a computer, have completed an engine search hey and you got here. Why don't you wander over to the forex mill chosen brokers, select one, consider downloading the free software all of the forex brokers sites will let you for their trading platform. First will be worked at by anyone. They'll be all yelling about how they have the tightest spreads. Which sounds somewhat like you have stumbled onto a porn website.

    It is free and they provide all kinds of things to read on those sites at no cost. When you dload the software open it right up and whoop there it is. It is feeding live quotes . Read tutorials. There so much things you can read until you ask a general question like

    Quote Originally Posted by ;
    As a complete beginner, just studying Forex to attempt to understand what is going on, can anybody offer layman terms advice about the best way to trade.
    Trade your ass off on a demonion it doesn't hurt a thing. In fact you understand. Open charts look at them. Go to the'chart' segment in this forum and look at the postings there to see what other people do to their charts. You can read for days without ever asking a question and get nearly all your questions answered. Then probably still have one you wish to ask here. If you ask it I think someone could try and answer it. It is really an open forum so there's many levels of eduion. Who knows where your at in beginnerville.

    Should you need me to conceptualize the market and how folks make the cash. . .ok...I'll try that. I'll make a easy metafore...x

    It's a market. A live market. For the exchange rates between currencies, they are in pairs and the'rate' is that floating amount price that bounces up and down. Do not look at the currencies because I'm making a metaphore. . .it's a market of nuts...

    Walnuts. . .Cashews....Macadamia...

    The exhchange rate on the macadamia/walnut pair is 20.0000. . .heh. So so a single macnut for each 20 walnuts. See, I'm the crafty squirrel and that I'buy' that commerce which means I traded my 20 walnuts for the 1 macnut. You think I'm crazy right? How is one measly macadamia nut awaiting na continue throughout the winter? I understand in 6 months after that exchange rate will probably be much different because of the nut market. It'll closer to the 40.0000 price. So I, the crafty squirrel will proceed at that time to the nutmaket via my laptop. . .oops. . .um. .via that the treelimb. I will trade back by'selling' my measly macnut for 43.3350 walnuts and wonder why I didn't exchange for at least two or three macnuts that time. Though I'm pleased with my 23 and a third of a nut profit. Over pitched my nuts...

    One happy squirrel.

    Now begin studying and go nuts.

  6. #6
    Were you nuts to begin using or has trading made you like that?

    I know the trading concept quite nicely, I guess its own language I should understand, I work as an engineering buying manager, so I have a fair comprehension of business and trade, but it is the same as whenever you jump to some new'hobby', you've got to learn from scratch.

    One thing to point out at this juncture... I'm definately not here in order to get wealthy or to attempt to discover some genius methodology, all I need is to delight in the thrill of'gaming' with a few quid and if I'm up a few%, then I'm happy.

    Cheers

    Chris

  7. #7
    Quote Originally Posted by ;
    are you currently nuts to begin with or has trading created you like that?

    I understand the trading concept quite nicely, I guess its own terminology I need to understand, I work as an engineering buying manager, therefore I have a fair comprehension of business and commerce, but it is the same as whenever you leap into some new'hobby', you have to learn from scratch.

    One thing to point out at this juncture... I'm definately not here to get wealthy or to attempt to discover some genius primer, all I need is to delight in the thrill of'gambling' with a few quid and if I'm up a couple%, then I'm glad.

    Cheers

    Chris
    heh I was considerably nuts prior to trading. . .it's just now I discovered a market that permits me to learn more about the inner nut.

    ah yes. . .it's easier to know what to say if we know where you are at. There's a great site that has tons of fantastic info. It looks to be geared towards stock trading. But the tutorials have a lot of info and that I found them helpful as a quick reference guide to technical information.

    Http://www.tradingday.com/c/tatuto/

    That is it. I hope it is okay to post links . I'm sure there are many others here who have their favourite sources. Folks will add to the listing for you. I understand the gambling rush that some gain from this. I enjoy living on the edge as well. It is just that if you don't get some instruction. It just as lousy losing to some market constantly since it is a casino. At least with all the casino they will comp the space, food and booze. heh....

    Love, good luck

    Peace

  8. #8
    Quote Originally Posted by ;
    are you currently nuts to begin using or has trading made you like that?

    I know the trading concept quite well, I guess its own terminology I should understand, I am employed as an engineering purchasing manager, therefore I have a reasonable understanding of business and trade, but it is the same as whenever you leap to a new'hobby', you've got to learn from scratch.

    One thing to point out at this juncture... I'm definately not here to get wealthy or to try to discover some genius methodology, all I need is to enjoy the thrill of'gaming' with a couple of quid and if I'm up a few%, then I'm glad.

    Cheers

    Chris
    You stated quid. Have you been in England? If you are, there's a means of trading the FX called spread betting. I know that any money you acquire is tax free. Search this forum for posts talking spread betting if you reside in England.

    Dial

  9. #9
    Yeah, I Am in the United Kingdom, However in Wales, not England. (nicer scenery and people). I have come across spread gambling and will venture more into it later, but for the time being, I'm still getting my head around general trading.



    I have been playing http://www.bullbearings.co.uk/ that provides you #100k to play and am surprised by how quickly I will eliminate money. I'll get the hang of it eventually, but maybe not with real money just yet.

  10. #10
    Here is some Forex focal sights.This one is great to get a solid logistical Comprehension of the Forex Market: http://aboutforex.com/
    This one may be a little intimidating at your degree nevertheless, but is a massive resource of information. If you are a lover of doing obsessive study, then you will learn A LOT here: http://www.surefire-trading.com/tsl/secret.htm

    This sight was INVALUABLE to me as a newcomer, you can't click a link without learning something new which will bring you to the next level of comprehension. This is a portal to sight to a lot of aspects of Forex. Spend days here reading on their understanding center, or perusing professional technical analysists forecasts. They also have great free charts and quotes. http://www.fxstreet.com/

    And of course, you'll loe https://forexintuitive.com/discussio...form-saxo.html to be an amazing resource for up to date information about what the Forex Market is doing, and message boards like this one are amazing because as soon as you get serious about FX, you will start to go a little insane, and it's wonderful to find that there our other live people out there going through the same highs and lows. And these individuals will provide some advice. Https://forexintuitive.com/discussio...2-gbp-usd.html
    Wisdom is the act of learning from one's mistakes. But Genius is the act of learning from others mistakes. There are dozens of factors which need to go your way before you may make a dime in the forex market. The chances are against you. The only thing which will enable you to beat these odds would be to find out the mistakes others have made so you can stay away from them. And of course also make your own errors, because these will be the classes for you. As soon as you are comfortable and have a fundamental system, run a presentation. As soon as you believe you're comfortable playing with real money (and everyone will tell you, no matter how real you have treated your presentation, Moving Live is ALWAYS much harder), Fund an account and start trading.

    Sincerely, Good Luck.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
This website uses cookies
We use cookies to store session information to facilitate remembering your login information, to allow you to save website preferences, to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners more information