Getting Into Forex - Revision history

Admin: /* Longer Version */

2024-12-18T21:15:15Z

Longer Version

← Older revision		Revision as of 17:15, 18 December 2024
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	Information about Forex can be found on INVESTOPEDIA. A very good site for quite a lot of info. I’ve butchered the information that I recall from my own research and added it here. For something more comprehensive please see the linked articles.		Information about Forex can be found on INVESTOPEDIA. A very good site for quite a lot of info. I’ve butchered the information that I recall from my own research and added it here. For something more comprehensive please see the linked articles.

	~~<nowiki>~~https://www.investopedia.com/articles/forex/11/why-trade-forex.asp~~</nowiki>~~		https://www.investopedia.com/articles/forex/11/why-trade-forex.asp

	~~<nowiki>~~https://www.investopedia.com/terms/b/brettonwoodsagreement.asp~~</nowiki>~~		https://www.investopedia.com/terms/b/brettonwoodsagreement.asp

	The term FOR EX is a shortened form of Foreign Exchange. If you’ve been to a bank or other place and traded in your home currency for some other currency that’s Forex. If you’ve received money from overseas that was in another currency, and it had to be converted to your home currency – that’s Forex.		The term FOR EX is a shortened form of Foreign Exchange. If you’ve been to a bank or other place and traded in your home currency for some other currency that’s Forex. If you’ve received money from overseas that was in another currency, and it had to be converted to your home currency – that’s Forex.

Admin at 14:42, 28 August 2023

2023-08-28T14:42:34Z

← Older revision		Revision as of 10:42, 28 August 2023
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	* Forexlive - http://www.forexlive.com/		* Forexlive - http://www.forexlive.com/

	== Longer Version ==		= Longer Version =
	Information about Forex can be found on INVESTOPEDIA. A very good site for quite a lot of info. I’ve butchered the information that I recall from my own research and added it here. For something more comprehensive please see the linked articles.		Information about Forex can be found on INVESTOPEDIA. A very good site for quite a lot of info. I’ve butchered the information that I recall from my own research and added it here. For something more comprehensive please see the linked articles.

Admin at 14:42, 28 August 2023

2023-08-28T14:42:13Z

← Older revision		Revision as of 10:42, 28 August 2023
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	* Forexlive - http://www.forexlive.com/		* Forexlive - http://www.forexlive.com/

	=== Longer Version ===		== Longer Version ==
	Information about Forex can be found on INVESTOPEDIA. A very good site for quite a lot of info. I’ve butchered the information that I recall from my own research and added it here. For something more comprehensive please see the linked articles.		Information about Forex can be found on INVESTOPEDIA. A very good site for quite a lot of info. I’ve butchered the information that I recall from my own research and added it here. For something more comprehensive please see the linked articles.

Admin at 14:41, 28 August 2023

2023-08-28T14:41:27Z

@@ Line 14: / Line 14: @@
 If after that timeframe if you find you're not progressing - get out of trading. It makes no sense to keep throwing money at it and not progressing. If you find that you're the slower learner, then continue to use small accounts (micro) with USD$10-$50 depending on your budget. Once you're able to gain pips, you can move up to a larger account.
-BabyPips Course - https://www.babypips.com/learn/forex
+* BabyPips Course - https://www.babypips.com/learn/forex
-ForexFactory - https://www.forexfactory.com/
+=== Added Links ===
-ForexHero - https://forexhero.eu/
+* cTrader Forex Info - https://www.youtube.com/watch?v=PKkNjY2oorU

Admin: /* TLDR-2 */

2023-08-28T13:26:12Z

TLDR-2

← Older revision		Revision as of 09:26, 28 August 2023
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	The first think you'll need to do is at least learn the basics. More to come later on.		The first think you'll need to do is at least learn the basics. More to come later on.

	= TLDR-2 =		= TLDR =

	* Forex is putting a dollar value to the rise/fall of currency pairs.		* Forex is putting a dollar value to the rise/fall of currency pairs.

Admin at 22:53, 27 August 2023

2023-08-27T22:53:50Z

← Older revision		Revision as of 18:53, 27 August 2023
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	The first think you'll need to do is at least learn the basics. More to come later on.		The first think you'll need to do is at least learn the basics. More to come later on.

			= TLDR-2 =

			* Forex is putting a dollar value to the rise/fall of currency pairs.
			* Forex isn't for everyone.
			* Go to BabyPips and study - and watch the videos in the YouTube link.

			You can do the cTrader and BabyPips courses and be ready to trade after. One of the best things to use is the Forex Hero site - their app is golden and free on Android and iOS. The recommendation is to use a demo account until you have a strategy you're comfortable with then go live. By "go live" I actually mean opening a small account with a broker (cent account) and earn a small amount for 3 months before going with a larger account or prop firm. While learning a concept runs at difference speeds for each individual, the suggested timeframe is:

			* 3-6 months of demo. More if needed. Less if you think you're ready.
			* 1-2 years of a small live account.

			If after that timeframe if you find you're not progressing - get out of trading. It makes no sense to keep throwing money at it and not progressing. If you find that you're the slower learner, then continue to use small accounts (micro) with USD$10-$50 depending on your budget. Once you're able to gain pips, you can move up to a larger account.

	BabyPips Course - https://www.babypips.com/learn/forex		BabyPips Course - https://www.babypips.com/learn/forex

Admin: Created page with "The first think you'll need to do is at least learn the basics. More to come later on. BabyPips Course - https://www.babypips.com/learn/forex ForexFactory - https://www.forexfactory.com/ ForexHero - https://forexhero.eu/"

2023-08-27T22:51:07Z

Created page with "The first think you'll need to do is at least learn the basics. More to come later on. BabyPips Course - https://www.babypips.com/learn/forex ForexFactory - https://www.forexfactory.com/ ForexHero - https://forexhero.eu/"

New page

The first think you'll need to do is at least learn the basics. More to come later on.

BabyPips Course - https://www.babypips.com/learn/forex

ForexFactory - https://www.forexfactory.com/

ForexHero - https://forexhero.eu/