Re: A few questions about trading in the Forex Market?

I appreciate your desire to learn. It's very nice of you to want to paper
trade.
You need to buy beginner's books from www.TradersPress.com, get yourself
MetaStock End-of-Day (www.Equis.com) for top quality charts and professional
quality data. After a few months of paper trading, find a good trader in
your neighborhood to train you further and ask the MetaStock people for the
free user group in your area. You may want to subscribe to a magazine like
TASC (www.Traders.com), and perhaps check the courses that are offered
on-line http://technical.traders.com/Products/home.asp
Most important, you will also have to discover and change many destructive
habits that you unknowingly have because newcomers usually bring them in
when switching interests, hobbies, occupations or jobs. (This is something
not many people talk about).
After all this, start with small capital and low priced instruments (US$10 -
$20/share).

Some people flirting with trading start with three mistakes:
- they borrow books,
- spend time at the local public library and
- steal software.
That's the jolly joker approach and I like to believe you won't be one of
them .......... Trading is the greatest and best show on Earth!
DO NOT allow anybody to talk you out of it! ...........

Aha! How to support yourself during the study months?  Find evening jobs,
week-end jobs, odd jobs (courier, driver, mailman, running errands), no
headache jobs.  You don't want to be troubled when studying!
If you are a doctor or similar, forget about your pompousness.  The
market doesn't bother about "hard-earned" titles.  The investing world
is littered with corpses of the likes of engineers, lawyers and doctors who
thought the markets owe them respect and the computer owes them money!
To trade well, above all: take your time!



_________________________________________________
"Stig" <[EMAIL PROTECTED]> wrote in message
news:[EMAIL PROTECTED]
> [EMAIL PROTECTED] (D.L.) wrote in
> news:[EMAIL PROTECTED]:
>
> > I'm not sure if this is the correct group to post this message to,
> > please forgive me if it isn't.
> >
> Hi, I would suggest that you not pay anywhere near that sum of money for
> any system.  Forex trading is possible by the individual investor but it
is
> a "beast" that you must understand before you trade.  Watch the markets
for
> a long time and learn their relationships to each other. Most brokers
offer
> free demo accounts which you can "paper trade" first - Global Forex - MG -
> just to name a few.  Bear in  mind that FX is very driven by news and
> fundamentals so mechanical systems will not cope with this well.
>
> Good Luck
>
> Stig