just looking for treats to read or any software or apps where I can train I know about economy but never traded anything here.
Welcome to the forum :D! I don’t have time to give one of my regular super in depth explanations, so here it goes:
A basic understanding of world economy does give a nice little advantage to starting out trading the forex what i suggest you do is first go through the babypips school of pipsology, I have payed for over $6,000 worth of study materials and trading programs and i can tell you that all of the information i payed to learn and more is in the babypips school, and for free, explained much more clearly and in a much more interesting way, Go through it a couple times, memorize it, the information is invaluable
After you have done that I would suggest opening a demo account to further your understanding of the markets and start trading for practice, at this time i would go to the forex trading systems section of the forum and start looking at other traders strategies, pick them apart, figure out how they work, why they work, their pros and cons, the concepts behind them, how you can improve them etc. You will learn so much, and then after you feel confident in your abilities and knowledge i would either use someones system who you have found to be simple and effective, or create your own based off of the systems you have seen good luck!
Hi al2! Welcome to babypips. Here is a thread with a list of some of the most useful threads on the web. Just reading through them would be a great way to start. Good luck!
http://forums.babypips.com/forextown/44917-whats-your-favorite-huge-educational-thread.html
Thanks for sharing the thread. I totally agree, some of the most usefull threads from the site can be found there. Great shortlist to get anyone started