/biz/ - Business & Finance

DAILY LONDON SESSION THREAD

Anybody who wants to get into Forex just follow this blueprint

>Go to
http://www.babypips.com/school

It seems silly but it will teach you everything you need to trade. Take it seriously if you want to really get into Forex, your learning a trade pretty much. Don't expect to just waltz in and make a fortune, won't happen.

Secondly you need to find a system
>Go to
http://www.forexfactory.com/forumdisplay.php?f=71

http://forex-strategies-revealed.com/simple

Find a system you like (Time Frame) and style (Scalping, Swing trading, Position etc)

Demo that system for at least a month using a brokers demo platform.
Oanda
IBFX
Finfx
These brokers I put my seal of approval on

After a month of profitable demo trading I would move to a live account. A lot of other traders will disagree with me but hear me out first. New traders have to get over the mental issue of trading REAL money. Traders I have helped I suggest they open a live account and trade SMALL amounts of units (like 1 cent a pip) after the first month of demo trading.

This is list here can take years, its up to you.