morton19 Forums Member
Joined: 29 Nov 2008 Posts: 4
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#2 · Posted: 22 Jun 2009 02:49
Hey Stuart,
I swear Im not stalking you, but I did reply to another of your posts. I saw this post and thought I could offer a little advice. I could easily write a 5000 word post and still barely skim the surface of the basics. So what I would suggest is possibly going to ebay, and look for a simple/inexpensive guide on trading forex or forex for beginners,, something to that nature. Within that guide you should recieve a little background info, as well as trading strategies using different types of indicators to use on your charts. This will start to give you a foundation.
You can google forex accounts/ mini accounts and find several different brokerage houses who offer these, as well as their point spreads and leverage fiqures. i.e. 200:1
I traded on paper for months using a demo account before opening a real money account.
I would suggest building a decent foundation of forex before trying to implement someone else's strategies.
Hope this helps.
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