Learn to Trade Forex in Seven Steps

1) Maximize Your Tools

Online Trading Company provides multiple tools to help you become a better forex trader including free market news and real-time charts. The most valuable tool, however, is the Online Trading Company Demo account, which allows traders to test out strategies and learn from their mistakes without risking real money.

2) Risk Management

Every successful trader knows how much risk he is willing to take and what profits should result from a trade. This is the basis of every realistic trading strategy.

3) Two Ways to Trade

There are two types of traders, technical and fundamental. Both have radically different approaches to making trading decisions. Click here to find out which camp you belong to.

4) The Basics of Technical Analysis

All Technical Analysis starts with a few basic building blocks. With these as a foundation, you can start to make sound trading decisions.

5) Applying Technical Analysis

Online Trading Company provides tools for basic technical analysis. Test your knowledge of technical analysis.

6) Fundamentals Everyone Should Know

All Traders should understand why economic releases, interest rates and international trade are important to movement in currency markets.

7) Psychology of Trading

The biggest enemy to most traders is not the market but themselves. Learn four trading principals that will help you avoid the four biggest mistakes that traders make.