Just need a Direction for Training - Page 3
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Thread: Just need a Direction for Training

  1. #21
    Quote Originally Posted by ;
    Hello everybody! My name is Mike and this is my first post . This sounds like a really nice forum. I simply heard about forex a couple of weeks ago and have been surfing the web for more information. The only think I've acomplished would be to have really confuesed. Who is Merlin? And which of his library books if I get first? You know so I know nothing, that I have never done any daytrading. I hope you don't mind alot of really bad questions. I really don't know if I could do this since I don't know how much cash I want to put in the bank/brokerage? I've got about $700 I would be willing to lose. Is that sufficient to learn with, if not how much do I want?

    Thank you very much.

    Mike
    Merlin suggested to me at another post, to read http://www.amazon.com/exec/obidos/tg...=booksn=507846 first. It's about the fundamentals of Forex, so much as I, a complete newbie to trading, can see is plogy, at first, and far more important than learning about egies, money management. After you have read about The forex market fundamentals then u should move on to the books on trading. I tell u this, If I'd read Market wizards, or the books listed first, I would've been missing. You truly need to know what Forex is, and also what trading is, before start reading about other ppl's achievement.

    That is where I am right now, I've already ordered Van Tharp's publication, Trade your way to financial, I am getting Come into my trading room in the library, and then I'm going to find some other books new market wizards, reminis of inventory operator, trading in the zone, and other books on Tech Analysis and so on and so forth. I'll continue reading and practicing and studying Forex for the minimum of 6 weeks before I place any cash into a Live account. I'd suggest u don't hear the Ronn person, because as much as I could see reading Books about this market is not a waste of time, it's time.

    That is my 2 pips value, from one newbie to another newbie!
    Good fortune!

  2. #22
    Quote Originally Posted by ;
    Merlin suggested to me another article, to read http://www.amazon.com/exec/obidos/tg...=booksn=507846 first. It's about the fundamentals of Forex, so far as I, a newbie to trading, can view is far more important than learning about egies, currency management, and plogy, at first. After you have read about The Currency Market market fundamentals then u should move on to another books on the market. I tell u this, If I'd read Market wizards, or the publications listed first, I would've been missing. You need to understand what Forex is, and also what trading is, before u start reading about other ppl's success within it.

    That is really where I am now, I've already ordered Van Tharp's book, Trade your way to financial, I'm getting Come into my trading room in the library, and then I'm going to find some other publications new market wizards, reminis of stock operator, trading in the zone, along with other publications on Tech Analysis and so on and so forth. I will continue reading and studying and practicing Forex for your minimum of 6 months before I put any actuall money into a account. I'd suggest u don't listen to this Ronn person, as far as I could see reading Books about this market is not a waste of time, it is time.

    That is my two pips worth, from one newbie to another newbie!
    Good luck!
    Gin,

    Thank you so very much for your kind and detailed article. Yes! Knowledge is power and studying and reading is the best way to get it.

    Thanks

    Mike

  3. #23
    Quote Originally Posted by ;
    Hi.
    I'm new on this forum but I sujest (imply ) that you wan't waist (don't waste) any time studying books. (no time ) (, since )
    it takes time (,) and period is money.
    I'm ofering (offering) you (a opportunity to) try a fantastic trading platform with (a) low initial deposit and demonstration trading free of risk at http://www.fastest4x.com/.
    Once you (have) tried the demo (please) examine your books (What? I thought reading books was a waist of time) to buy egies.
    (C) return with questions.
    (R) ronn. (You can't even capitalize your name?)
    Hello Ronn,

    After reading your article I felt like I'd stepped in something and needed to wash my shoe. Why would this be? Oh, you need to be among those SPAMMERS I have heard so much about.

    I see you have followed your advice and have not read a book on grammar or punctuation. Novels is then you'll let me edue you. Please note that the corrections I have made in the quote above.

    Bye

  4. #24
    Mike,

    You are on the right track.

    As Ronn stated previously... time is money. But time spent in research and studying is an investment where you may draw rich dividends.

    I'm not certain what jumping into a trading platform as if it were a video game is.

    Trading is similar to learning how to drive a car... nothing like learning how to swim by jumping in.

  5. #25
    Quote Originally Posted by ;
    Hello Ronn,

    After reading your post I felt like I had stepped in something and needed to clean my shoe. Why would this be? Oh, you need to be one of these SPAMMERS.

    I see you have followed your advice and have not read a book on grammar or punctuation. Since reading novels is under you, then you'll let me edue you. Please note that the corrections I've created in the quote above.

    Bye
    nicely done mike, looks as if you are going to fit in just fine . Just assure you wont get on me about my writings. jim

  6. #26
    You said it

    Could not have said it better,thanks!!

  7. #27
    Quote Originally Posted by ;
    Hello Ronn,

    After reading your article I felt like I had stepped in something and needed to clean my shoe.
    That made me laugh out loudly. Welcome to the Factory.

  8. #28
    Quote Originally Posted by ;
    I am normally not one to perform some name calling but I think the name of my post suits you just fine. You have no regard for the forum and the principles which govern it. Everything you offer definitely represents about as much value as your English skills.

    FT
    I am Bad in English but I discovered that terrible language abilities

  9. #29
    Quote Originally Posted by ;
    There were two lumberjacks who have been chopping wood. One was weight and typical size along with another one was about twice as strong and hefty as two guys. Both began cutting wood about precisely the exact same time along with the strong guy was chopping roughly four times as much wood as the typical guy but after a couple of times the normal guy was way ahead and had chopped several cords more than the big guy even though they worked the exact same amount of hours. Further investigation revealed that the guy was stopping to sharpen his axe periodically however, the guy wasn't.

    Reading, studying and eduion are how we sharpen our minds. Anyone who says that time is cash and frees you is a fool who has no idea how to invest anything less how to make or invest cash. I've been an investor no investor and all my life can survive who doesn't know how to spend his time. Do not hear spamholes who come round here spouting such garbage.

    FT
    Entirely agreed with you. The best investment is investment in eduion.
    Eduion till death!!!!

  10. #30
    Hello everybody

    This is a great forum!

    I'm pretty new still and I am still trading Demos, I may take Peter Bains,
    course those of you familiar with his course do you reccomend it?

    Fundamental analysis I grasped much simpler then technical,
    when it comes to technology I'm completely lost.
    Any suggestions??


    Due

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