LEARN TO TRADE FOREX IN SEVEN STEPS

1. Maximize Your Tools
   Friedberg Direct provides multiple tools to help you become a better currency trader including free market news, and real time charts. The most valuable tool, however, is the Friedberg Direct Demo account, which allows you to test out strategies and learn from your mistakes without risking real money.
   
   
2. Risk Management
   Every successful trader should know how much risk he is willing to take, and what profits should result from the trade. This is the basis of every realistic trading strategy.
   
   
3. Two Ways to Trade
   There are two types of traders, technical and fundamental. Both have a radically different approach to making trading decisions. Click here to find out which camp you belong to.
   
   
4. The Basics of Technical Analysis
   All technical analysis starts with a few basic building blocks. With these as a foundation, you can start to make sound trading decisions.
   
   
5. Applying Technical Analysis
   Friedberg Direct provides tools for basic technical analysis. Click about test your knowledge of technical analysis.
   
   
6. Fundamentals Everyone Should Know
   All Traders should understand why economic releases, interest rates, and international trade are important to movements in the currency market.
   
   
7. Psychology of Trading
   The biggest enemy to most traders is not the market, but themselves. Learn four basic trading principals that will help you to avoid the four biggest mistakes that traders make.