If you have decided to enter the world of forex, you have landed in the right place, because we have a very important advice to give you. That is, the forum.
Without the basics here, as in any other field, you won't go anywhere. But after learning the basics of technical analysis, fundamental analysis and some other strategies, take the time to watch and read the most important online forums on the subject. The help you can get from it is really invaluable: for both beginners and experts, reading what other users have done before you, successes and failures, doubts, problems and solutions, can undoubtedly help you learn and specially to change and correct your way of proceeding in the market.
If you are a newcomer and you are approaching the world of Foreign Exchange Market for the first time, surely one way to start, after studying some theory, is to concentrate and spend quite a bit of time reading the forums. This is for two reasons. The first is that many contain mini guides: often they are not notions of marked, it is assumed that those known before, but are practical tips on how to act materially in the forex market to not let you rub or to minimize losses, inevitable as in any market game, the second reason to read a little 'of what is posted in the forums is of course to get some strategy or technique and make it your own.
Perhaps someone is asking for advice on an operation that has been carried out. You can thus read the reaction of other experts and see if it is a good behavior to put into practice or something to avoid. In short, there is certainly something to learn from the mistakes or successes of others.
The fundamental elements are the same: elements of technical analysis, opinions on brokers, that is, on the platforms where one must move to do this job, the legal aspects of forex.
Links are also a definite advantage. The sections are naturally divided by topic, and each often refers to links: links to other platforms, platforms, sites where you can learn techniques and strategies.
Sometimes it's not enough to do a Google search, because you can't use the right words, the right keywords, or because we may not have the knowledge of the right terminology to get to the site that can provide us with the right information. In the forums instead, probably the links will lead to excellent sites that will serve you as a support, perhaps to learn notions that you had overlooked, or to discover brokerage platforms more suitable for you, more intuitive, with which you will be more comfortable.
For several years now, you have been hearing about online trading and the possibility of becoming a trader easily and start trading the markets immediately to earn a lot of money quickly. False!
When trading online, it is always recommended to choose a good broker and a valid and reliable platform, but above all regulated according to international and national regulations; among the recommended platforms also in the forums of enthusiasts and on specialized trading sites such as migliorbrokerForex.net is mentioned ProRealTime, a free online trading tool. It is not open source because you just need one registration to download it.
As part of our "study path", after addressing the main basic terms, today we will address a very important topic such as the analysis of trends in Forex market. As we did for the trends at home Trading, today we will deal with issues related to Forex indicators.
The technique I will describe to you today is a technique with a deadline of 10-15-20 minutes that uses a few simple but effective indicators.