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Forex Trading Advice - Getting the Best Advice For FREE

If you want forex trading advice and want to win at forex trading, you can get all the advice you need to build a forex trading strategy for big profits for free and here we will show you how to find it...

Most of the so called experts online are anything but and in most cases there not even traders. They sell dubious forex robots and sure fire predictive systems with paper simulations and look for naïve or greedy traders to buy them and plenty of traders do.

In forex trading you need to learn and understand what you do, so you can trade with confidence and you can do that for free.

Before we look at good advice, let's look at avoiding the bad and here are some prime examples.

Forex trading forums

If you want to find a bunch of losers, there are plenty in forex forums.

The guys here who spout forex advice, are normally traders who can't make money, so it makes them feel better to give you their wisdom or vendors, looking for people to buy their product.

I don't know any successful traders who hang around forums, so avoid them.

Broker Advice

Lots of brokers give research and advice but if brokers were good traders they wouldn't be brokers! Most are market makers and make money when you lose, so it is a conflict of interest too.

Forex News

CNBC, CNN etc great reporting but it won't help you trade and all the experts you see tell good stories but that's all they are stories and normally news reflects the herd and keep in mind, the herd losses.

Never trade news or expert opinion from it. If it were that easy to make money a lot more people would be successful!