August 15, 2008, Newsletter Issue #67: Where Can You Find a Good Introduction to Currency Trading?

Tip of the Week

FXClub.com Tip: If currency trading is entirely new to you, it makes sense to locate a good primer on forex trading basics. You will need to understand the terminology, how to interpret the charts and data, and review winning strategies.

A good site to start with is Fxclub.com, which offers video training that you can watch directly from your PC.

Although there is no such thing as "easy" Forex, over time with dedication and persistence, you will find it rewarding and profitable to learn.

Pay careful attention to understanding what spreads are (the difference between ask and bid price), how to determine trends, and what the ISO code abbreviations are for each country's currency.

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Thank you for your interest and good luck!
Forex Club, New York

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