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Forex Forum Review – The Top 3 Sites Online

So you want to know some cool places to hang out with other traders right?

You want to find a place where everyone knows your name and… (um, wait, that might be the wrong article…)

Okay seriously though, you are probably looking for some of the best forums online for forex traders and you don’t want anything where someone is trying to push a course down your throat every 5 minutes. Well in this article we want to review the top 3 forex forums online.

Forex Forum # 1 – Forex Factory

This is one of the most popular sites online when it comes to traders. If you are a newbie then you will really appreciate this site because they have a ton of stuff just to help those are starting out. Also the people on this site tend to be quite friendly and always seem willing to lend a hand to fellow traders.

If you have an idea for a trading program then you can most likely find someone who will work with you on a project at this forum. They also share their indicators for free.

Along with that you’ll find resources like economic news calendars and up to date information on the news reports. This is a great site to hang out and follow those who are trading profitably.

Forex Forum # 2 – FX Street

I personally like FX Street, but I think it could probably be a little too overwhelming for newbie traders. The site seems a little busy, but that won’t stop you from finding gold in the forums.

You’ll find help with sections dedicated to fundamental and technical analysis, along with tons of reviews of forex resources. And to top it off they have a special section called ‘Ask FX Wizard’ where you can ask any question about forex trading.

Overall there is a ton of good stuff in this forum that anyone can benefit from whether you are a seasoned or newbie trader.

Forex Forum #3 – Baby Pips Forum

Every time I go to this site I get a warm and fuzzy feeling. I know that’s not what you were expecting to hear, but this site really does seem very inviting. Even though this article is about forums, I do want to mention that you’ll find some great education at their main site as well. I encourage you to check them out.

Along with the site you’ll also find tons of great topics in their forum. You can discuss anything from rating your broker to free forex trading systems. And if that’s not enough you can always dip into one of the sections in the forum just to shoot the breeze with other traders.

So in closing, you’ll find that there are a lot of sites on the net with forums for forex trading. In this article I only mention what I felt were the top three. If you want to find more just do a search on Google for ‘forex forum’ and plenty will show up.

Then if you find a good one that is active come back here and add your comment so other readers will know about it.

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Forex – The Best Trading Business In The World

Forgive my bias please, but I honestly happen to think that forex trading is the best and absolute number one business to be in. Now I am not going to kid you and tell you that you’ll make a ton of money overnight, but you can become quite profitable quickly.

However the problem comes in for most people with finding the right forex training. It seems that nowadays you can just about find everyone and their mom selling the next latest and greatest forex trading system that is ‘100% guaranteed’ to make you money.

Don’t believe the hype. forex systems come a dime a dozen and you don’t need the next latest and greatest flavor of the month to help you make money. All you need to do is learn how to manage your risk and you will be well on your way to trading successfully.

If you are thinking about trading then please understand there are a few things you’ll need to get started. In trading we want to treat it as a business and we’ll need certain tools to run our business. The tools for trading are broker platforms to clear our trades through, forex charts so we can watch the market, and…um..money of course. ;-)

While all of this is good, there may be a time when you need help with your trading. Never be afraid to ask. You can easily do a search on Google for the term ‘forex forum’ and choose from a number of discussion boards that are very active.

Overall know that trading is a journey and not a dash.  Take your time when trading and learn to manage your risk and you’ll do fine.

Posted in Forex. Tagged with , , , .