How to start Forex Trading

Hi Friends, I am interested for forex trading but I have no idea about this. Can I start with a investment of 50$ - 100$. Please let me know. Thanks.

 

before jump into the forex trading... I suggest you create some demo account learning some skill epecially technical skilll

 

I totally agree with john

 

What tech skills are required? do u mean programming?

 

There are no tech skills required for forex but you should have full knowledge about it, as forex trading is very risky and before investing real money into it you must have all the knowledge and experience which can be gained by trading in demo accounts which are been provided by every company, just search forex trading in google and you can get many results for that.

 

You need to learn the basics of forex trading and do some testing before you commit yourself or you risk losing all your cash

 

read books and trade in demo for at least 2 years and then start

 

50-100 wont get you anywhere at all. Have at least 2k of capital to start with

 

I'll suggest that you get a mentor before venturing into forex trading. Take a little time to see what your mentor is doing to make profits...only then you can easily follow his system.

 

I suggest you learn forex basic, sign indicators and other forex related beginner guide.
try to use virtual trading first.

 

Learn and find strategy that suitable with your style, and try it with your demo account first until you sure that strategy give you positive return.

 

It is easy,now $100 can start trading already.
Open an account at forex broker for example exness dot com
Lemme know if you need my help.

 

I've traded Forex for years. You need a club or team to trade with. It's too hard on your own. I belong to a mastermind group and we talk via skype IM all day. We try to point out why it's a good or bad trade.

There is lots of free training available (InterbankFX and others).

Use the demo acct for a while. You MUST know why you are placing a trade. I go on only technical analysis and it works pretty well. Screw the fundamental analysis, it follows the technicals - strange, but true.

 

dont trade with the forex you are much better off in the futures end of the currencies, less of a spread and also 50 to 100 dollars will not cut it, with currencies u will have risk 5k minimum to start

 

Use that 50-100$ for investment to get more capital, when you have at least 2k then you can start

 

Please let me know how to start the forex trading the process.....thanks.

 

It is possible to start with such a small amount, but realistically you will need more than that. However to be honest you shouldn't even be thinking about risking any of this money until you have a full understanding of how forex trading works. It can take several months just to learn the basics, which includes learning about fundamental and technical analysis, and it can then take even longer to come up with a winning forex strategy.

 

Seems like you waiting for answer which is not a good behaviour for forex trader.
You need to work it out try babypips