Hi all. My name is ray and i’m from Scotland. I’m interested in trading and hopefully making some money and have been doing a bit of research and reading. I almost signed up to a trading system for beginners called NASgap and was reading reviews and a few of the people posting mentioned this site. They said to go through the Babypips school so i thought i would have a look. I have done absolutely no trading but attended a free seminar in Edinburgh a few years back. It all looked very interesting but i never followed it up due to other work committments etc. This may be a silly question considering this site from what i’ve seen seems geared towards Forex, but do the principles i would learn here apply to other forms of trading like spread trading,binaries etc or is the stuff you learn here for Forex only? Any feedback would be appreciated. Thanks
spread trading
You mean “spread betting”? If yes - I would say: “spread betting” - is the same as Forex trading with just couple of "terms-changes " by clever UK guys to enable them to trade tax-free
My opinion - any successful Forex trader - is like a “Delta force marine”. After mastering Forex - He could trade anything (after understanding some specifics of current instrument)
Hi, randy you are welcome to forex market. I think you need to study more and you need to know some basic terms of forex trading. you will able to understand all the post in forum if you are clear in forex basics. I found some wrong in your post. So I advise you to learn tutorial from some useful site, opening demo account and then be active in forum.
…agree with @MF Shark… and just to add up, Binary Options is discussed on Babypips School (I think it’s on Graduation part of the school). Also, during preschool, you’ll be able to learn the basic differences in ForEx against stocks, futures and other instruments.
Everybody here believes that the Babypips School of Pipsology is the basic stepping stone for every successful trader. So, what are you waiting for, ENROLL NOW! (lol, I sound like an advertisement):59:
Thanks for the responses folks. I’ve already started the school and look forward to learning and hopefully making some money in the future! I’m sure i’ll have many more questions and hope to chat again. Thanks