Wednesday, December 21, 2016

What are Good Resources to Learn Trading in Foreign Currencies?

Margin trader shocked by speculation loss
Margin trader shocked by speculation loss 

Actual Question

What are some of the good resources to study about Forex markets and Forex trading?

Answer

Dear Friend!
Sorry, I do not trade stocks, commodities and forex.
I also request you to kindly desist from doing so.
Actually it is not trading but speculating which is very dangerous.
The trading lots are very big and the margin is low, which magnifies the gains/ losses many folds. Mostly people incur losses only.
Very long time back I used to trade in stocks and incurred huge loss and since then stopped trading and became a value investor.
You want become really rich and accumulate a huge wealth you can surely and safely achieve these objectives through value investing.
I have suggested a few articles for you to read. They talk about stocks but not about forex and commodities but in reality when we talk about trading all are the same and all the risks are same.
Thank you,
With Best Regards
Anand
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