Can anyone recommend a good, easy-to-digest, free forex trading e-book or software?
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Filed under: Forex Books
There are hundreds of pdf E-books on the internet, but i suggest you read the articles of the bottom link. They are all under ‘forex resources’. They have good, ‘easy to digest info’ about forex trading, all from what it forex, a fairly detailed range of forex tips, strategies, concepts, avoiding fraud and also ‘ a day in the life of a trader’ which is about the personal experiences of that writer.
No book could teach you the mechanics of Forex trading.
For software try Metatrader by Metaquotes. It is free and offers tons of tech tools
Here’s a good one you might wanna checkout
http://tinyurl.com/yhpvuw
heres a good forum where there’s a few good traders that help you learn http://www.gold-horizons.com/forum/
www.FXCM.com
http://www.babypips.com/
Here is a couple good videos to watch,
http://www.forex.com/forex-seminars-developing-listen.html
http://www.forex.com/forex-seminars-developing2-listen.html
Here is a squido site for fxbootcamp that has several good video, if youll take the time to watch these you can learn a lot.
http://www.squidoo.com/fxbootcamp/
I like Oanda for a starting broker because you can trade with as little as 1 cent a pip on the line, of course youll only be making 1 cent a pip. then as you improve you can step it up a penny or a dime or what ever.
The only bad thing about them is 50:1 leverage and there spread gets very wide during news times.
I also agree with babypips good site.
a short but very good ebook
http://www.robbooker.com/books/Strategy10.pdf
Here is a good site to learn about the indicators. Just look all over it.
http://www.investopedia.com/university/movingaverage/default.asp
Use Oanda as a demo account. It doesn’t expire so you will have as long as you need to practice.
http://fxgame.oanda.com
check out this guy: http://www.robbooker.com/
I agree that no book could teach you but at least you must to know the theory therfore you must read
Technical Analysis by Jack D. Schwager;
Comprehensive Course on The Wave Principle by A.J. Frost and Robert Prechter;
Candlestick Charting Explained- Timeless Techniques for Trading Stocks and Futures by Gregory L. Morris;
Trading Chaos – Applying Expert Techniques to Maximize Your Profit by Bill Williams;
New Trading Dimensions by Bill Williams
But you must create your own trading system that fits to you disposition, money, trading period and etc.
And practice, practice and practice.
Best trading software is metastock trader.
There are many introducing brokers in the world. But you should choose the one who provides with small spread and who allows to place Limit and Stop orders as close to market price as possible. It is very important in markets with low volatility when you would like to place your order close to market price or when move trailing s/l order afterward the market price
Good luck!
No book could teach you the mechanics of Forex trading so why try to spend countless hours trying to learn? I would suggest you check out www.smartforexinvestor.com Its the only "Hands Free" Forex Trading system of its kind and it does 95% of the work for you. There is no guesswork involved and I do free online webinars that teach people how to setup there account and trade in the Forex. If your interested in more info just give me a call or send me an email. Look forward to hearing from you soon!
Best Regards,
Yo Fujikawa
Ph: 1-800-670-2683
www.smartforexinvestor.com
Can anyone recommend a good, easy-to-digest, free book on brain surgery?