Hi , im Gez. Can anyone tell me the best way to learn to trade? Especially in commodities and Forex. Cheers.

Keithstyles1

Private
Messages
143
Hi everyone I have been looking at trading in Forex for a little while. I'm particularly interested in Gold. Can anyone suggest the best way to learn? Is a mentor from a brokerage a good way to go? They all seem to want me to invest large amounts without knowing what I'm doing.
Check out forex school get good information
 

TheNewbieTrader

Recruit
Messages
95
Hi everyone I have been looking at trading in Forex for a little while. I'm particularly interested in Gold. Can anyone suggest the best way to learn? Is a mentor from a brokerage a good way to go? They all seem to want me to invest large amounts without knowing what I'm doing.
Hey. Gold is a great pair to trade, but you need to know what you are doing as it moves very fast and unpredictable sometimes. You can learn for free online, wouldn't recommend paying anybody. You can sign up to some brokers with as little as $10 too. Best learning on demo, develop a strategy and once you are confident then go live.
 

Anakelv

Private
Messages
30
The best way to learn trading activty is practicing. Of course you can search for some useful educational content in the internet which helps you to gain some basic knowledge in forex, then you have to open a demo account on your broker's platform and start trading, just blindly, you know. You have to make ten or twenty deals randomly mainly because it helps you to understand the market mechanics. Then you will have to watch some videos/podcasts or read articles about indicators/patterns/figures (before you have to determine work timeframe). Eventually, you create your own strategy and enjoy trading.
 

fxoday

Recruit
Messages
540
Trading gold in the spot market with margin trading is risky, but this is a challenging pair, sometime I am trading gold that uses the symbol ticker XAUUSD in the platform trading, if reckless using margin, trading gold is very risky in my view.
 
Messages
239
Hi Gez,

Here you go..............

Take a look at this link Forex Military School and start your Forex Journey (improve Forex knowledge)

There are a few articles written by Pharaoh on some subjects you might find useful (broker selection, avoiding scams, etc.). You'll find most of them here:

https://www.forexpeacearmy.com/r/author/8/pharaoh-financial-blog

Use the below link to contact fpa if you have any questions.
https://www.forexpeacearmy.com/community/pages/FPA-FAQ-and-Knowledge-Base-TOC/

And, if you got any question then feel free to write here. We are more than happy to assist our members.
Have a great day :)

Great starting point for sure. Wealth of knowledge and transparency
 

JimmyRozza

Corporal
Messages
90
As others have said, tread very carefully with Gold. I've seen so many get smoked by it. It can move like a freight train at times!
 
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