Tuesday, March 10, 2009

Learn From Other Forex Traders

You can learn a lot by reading books and articles about forex trading, but you shouldn't limit yourself to that. You will never really take your trading to the next level until you go out and meet some other traders. There are some tricks that people won't share until you're in the inner circle.

This isn't as hard as it sounds. You can start by meeting other traders online. Visit some forex forums. Read some threads before you post anything. Each forum is different, and you don't want to antagonize anyone.

How can you find some forex forums? That's easy. Just google: forex forum. You will find plenty to visit. Poke around until you find a few you really like.

Of course, you shouldn't limit your networking to cyberspace. Also meet up with local traders. It's easy to find them. Just go to Meetup.com and search for a forex trading meetup group in your city.

Take the same approach with the meetup group as you did with the forums. Don't show off. Just show up and listen the first few times. Once you get to know some people, you can start to participate more.

There are plenty of other ways to learn about forex trading. But these are two of the best ways to take your forex trading to the next level.

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