Save your money and think about things logically. If you're experienced with stocks then realise you're just trading numbers, up and down. So translating your experience into other markets shouldn't be that much of a problem. Just start off small and use little leverage. Good luck.
PS. Any odds on a first time poster popping up with a recomendation of a 'great course'
PS. Any odds on a first time poster popping up with a recomendation of a 'great course'
shadowninja
Legendary member
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Depends... if he deals with volume then he has a problem if he tries forex.
I think you'd learn more losing 1k on 'some bum trades'.
1k for someone to tell you how forex/commods work?
Buy a 10-15quid book on the mechanics, read this forum and go practice.
Forex-Rates
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Did you have a look at the free resources offered by Forex? There's a free e-book and other Learning stuff. There's tons of free ifnormation about trading the Forex, don't just spend money without trying what's free... And, yes, I agree you can just buy a book, read this forum, all the info online, and you'll be fine and also agree that you'll learn more by investing your 1k, than spending it on a course, which won't teach you more, that finding some free or cheap information on your own...
Oh, I forgot, you can try some demo accounts at the beginning, this would be a better lesson
and also agree that you'll learn more by investing your 1k, than spending it on a course, which won't teach you more, that finding some free or cheap information on your own...Oh, I forgot, you can try some demo accounts at the beginning, this would be a better lesson
simcom
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I think this is the best advice. As a beginner I was tempted and at times came extremely close to throwing large amounts of money at training courses. However, I ended up spending around £150 on relevant and interesting books from Amazon and trawling through some of the longer threads on this forum. Picked up some real gems
One of the reasons I found it difficult not to be tempted by training courses is that I guess I felt like I needed to make a 'tangible' investment in order to show myself that I was taking it seriously! Glad I didn't decide to go down that route though..
