http://www.learncurrencytradingonline.com This video goes through the basics of trading currencies for beginners and treating it as a business, rather than a cool thing to do. Most traders treat Forex as a hobby – learn to treat currency trading as a business and win.
In terms of trading Forex its a fact that most traders lose and only a small minority make money and the reason most fail is they don’t treat Forex as a business which it is. The basics of trading Forex for profit is to take losses quickly and keep them small and run profits with your trading strategy. Most traders won’t take losses but every succcessful business and trader does this – this is the overhead of doing business. So long as your trading signals make more money than they lose over time thats fine. The amount of trades you win v those you lose is irrelevant – its the size of your profits in relation to your losses thats key.
In terms of learning Forex trading and the techniques needed to win – anyone can learn. The reason most traders fail is they get the wrong education, training and also have the wrong psychology. If you want to learn how to trade Forex successfully and get started trading currencies for profit then, watch this tutorial for beginners and get on the road to currency trading success.