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Manual account now (By aeronthomas)
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Manual account now Discussion
Member Since Jan 25, 2010
1288 posts
Member Since Dec 04, 2010
1447 posts
May 31, 2013 at 04:46
Member Since Dec 04, 2010
1447 posts
thanks but I have to learn more about stops to avoid those floating losses. Now I just need the AUD to appreciate a bit over .97 close out those orders, and then crash to 0.95 (which I think it will longer term). I need the same for the Euro i.e. appreciated against US hopefully with end of month rebalances the Euro can get some momentum higher then I need another drop longer term. Fingers crossed. Have you done any trading courses? or just learnt yourself? I am thinking of maybe doing an online trading course but not sure which one..
Member Since Jan 25, 2010
1288 posts
May 31, 2013 at 06:18
Member Since Jan 25, 2010
1288 posts
I have just learned on my own. I read forums, babypips is a good one for learning. I don't think there is much value in forex courses - you might as well save your money for trading (use the money when you actually put what you learn into practice).
I have paid for things in the past and regretted it. You need to ask: if they are charging "this much", how much are they making? I think those that charge big money are not making money from trading but from the materials or courses they sell.
But it is up to you: it's like learning a language - you can have formal education, but if you just move to that country and immerse yourself in the language you will learn better (I think). Formal education can keep you from making the mistakes you need to learn from.
The internet is a plethora of knowledge... you can learn anything you want just from the internet (well, I guess "almost" anything). 😉
I have paid for things in the past and regretted it. You need to ask: if they are charging "this much", how much are they making? I think those that charge big money are not making money from trading but from the materials or courses they sell.
But it is up to you: it's like learning a language - you can have formal education, but if you just move to that country and immerse yourself in the language you will learn better (I think). Formal education can keep you from making the mistakes you need to learn from.
The internet is a plethora of knowledge... you can learn anything you want just from the internet (well, I guess "almost" anything). 😉
Member Since Dec 04, 2010
1447 posts
May 31, 2013 at 08:18
Member Since Dec 04, 2010
1447 posts
cool thanks for your help I will take a look at Babypips. cheers
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