The 'almost' complete forex syllabus

Having just started my forex trading education, I'm starting a page here to share what I've learnt. When I started, there's an overwhelming information on the net - that I just didn't know where to start. Most of them are either:

• too advance or


• junk.

And I find it hard to find a place which gives me a 'complete syllabus' forex course, I had to scavenge from site to site to learn.

So I plan to share the sites I've been to give you a more balance feel what's out there. Hopefully, it can help you shorten your learning curve a bit and direct you to good websites. Hopefully in the process, help us form a more complete roadmap for our forex education.

And if you could share a few good links here, I'd really appreciate as all of us are constantly looking to learn more. Thanks in advance!

I think forex is mainly seperated into the following category

1. Forex Technical knowledge


2. Economics


3. Psychology - the market and yourself


4. Money Management

Forex Techincal knowledge

Forex technical knowledge comprises of mainly of the hard facts of forex, eg. what is forex? what is a pip? how to you earn trading forex? when is a good time? what are indicators? what do they do?...etc

These are the fundamentals of forex trading and is our basic forex trading tools. I've always felt that to become a jedi, one needs to master the basic of the (market) force. Hahaha. I'm such a geek.

• I highly recommend you go to to Babypip's 'school' of pipsology to learn the basics. It's really easy to understand and funny - a refreshing read - and when you completed all the topics there from kindie to college you get a good grasp of what's going on when people talk about Mac-d or RSI or WTF-that-isn't-happening!


• Black Knight's Forum. In the forum there's 10 lesson to get you started in all the basics.


• Chart School is also an excellent place to learn about charts. Although it's a place meant for stocks but the principals are the same. Packed with loads of information.

Economics

If you've read the basics, then you'd know that knowing the news is important for forex trading. World economies affect values of currentcy. Some good sides to get update includes:

• Fxstreet.com


• Forextv.com

Personally I also subscribe to TIME and FORTUNE to give me a good idea what's happening all around the world.

Psychology

Check back this space!

Money Management

Check back this space!