Welcome to Forex Tips And More… This site is designed to give you a broad overview on Forex Trading from the moment you decide to go into it, till the point where you really ready to trade Forex.
The site is built similar to real life process: first Learn then Train and finally Trade. It is very important to keep order in: Learn – Train – Trade, and not start Forex trading without having to go through the first two stages, to avoid financial losses (and hart aches..).
The first step, then, is Learn Forex trading. We all know that you can’t be a lawyer without having to study law, and can not be an electrician without learning electricity and electronics. So why assume that you can start trading Forex without learning? Surely we will not be electrocuted as a result, but losing our money in some cases hurt no less… There are many and varied options to learn Forex trading that are listed under Learn in the main menu. It is very important to squeeze everything in regards the behavior of Forex markets, trade methods, trade strategies, trade tactics Etc., before accessing Train phase.
The second stage is of course the Train Forex phase. Will you get in a car for the first time in your life, and begin to drive without sitting next to you someone authorized to practice driving with you? Of course not … The means in Train is to trade Forex with a demo account which is a simulation of real Forex trade. Please!! Do not start Forex trading before you trained and practiced at least three consecutive months, during which time you saw your portfolio shows an increase from month to month. If the long-awaited increase in three months does not appear, you’re still not ready for real trade. Continue to trade a demo account till you see an increase in your portfolio at least three months in a row.
The last and long-awaited step is Trade Forex. If you reached this stage after passing the first two stages successfully, Congratulations!! You showed seriousness and responsibility, and you’re ready to take a jump into the deep water… Now all left to do is to select your preferred trading platform from at least three options, after you checked the minimum deposit amount, leverage given, and the spread. Only after that clarification you can join and start Forex trading.
Good luck!
Please note that foreign exchange and other leveraged trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary. Also, we will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and buy/sell signals. We would like to remind you that the data contained in this website is not necessarily real-time nor accurate. Therefore we will not bear any responsibility for any trading losses you might incur as a result of using this data.