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Wednesday, January 2, 2008

How to start free trading

How to start free trading!

First step to Forex Success

First of all you must know what forex trading (also called currency trading) is about. Before you do anything else you must first download and read the eBook called, "Introduction to Forex Trading". Also see the free "Introduction to forex" videos at the Forex Club.

Remember that even the best forex traders still make loosing trades. The secret is to make more winning trades than loosing trades.

Once you make more winning trades than loosing trades on your forex dummy account you can start to trade your real money, also called your live account. This is where you can start with your $5.00 sign up bonus and see how far you can get with that. I never deposited any money in my Marketiva account and it currently stands at $120.00.

Only after you started trading on your dummy account you can look around for more expensive courses and eBooks. By this time you will know what the forex terminology means and you will know if Forex trading is for you or not.

One can never learn enough and still blank. If you get frustrated, don't worry be relax and just go to http://thefreeforexebooks.blogspot.com to get a lot of ebooks can support you for your learning process.