I'm interested in forex trading, what's the best site to go to if you want to trade? who's the best?
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I totally agree with the answer above. What is good for one person maybe bad for another. Choosing a broker depends on your income, trading strategy, etc. factors. For instance, u may look for best offered swaps or non-swap accounts if u r a long term trader, if u r using experts, scalping methods you have to look for brokers which will allow u these tactics. However, if you are a complete novice no doubt is better to start by opening a free demo account (http://www.realtrade.lv/eng/common.php?l... If u possess some basic knowledges u may start a real trading, but with micro lots to understand first how it goes on the real market and with real conditions.
There are no good FX brokers. Only ones less worse than others. I use three brokers, one for news trading, one for "auto-trading" and one for trading/scalping.
Many brokers "hunt" stops. They actually lose money if you win some trades. I've been learning FX for about 8 months. 90% of the people that try it lose their accounts.
There's a lot to learn. There's a lot of contradictory info out there. Don't trade until you practiced a lot. Don't expect paper trading to be like "real" trading. After paper trading, trade mini-lots (if your broker allows).
Money management is as important as picking the right longs and shorts. Read... Read... Read.
So far I'm not doing great. but I think things are turning better. Hope you can get past the learning curve..
If we can help each other on this learning curve... let me know!
Good luck!
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