Forex Trading Career

Apr 30
2011

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what do i need to start trading forex in kenya?

I live in kenya and i would like to know how i can start my forex trading career and what resources, tools or learning materials i need in order to be successful in forex trading. Thanks.

The first thing you should do is educate yourself on the tools needed to trade the market. The most common being technical and fundamental analysis.

Technical analysts focus on chart analysis whereas fundamental analysts focus on economic events. And many traders use a combination of both.

There’s an abundance of free resources on the internet to learn more, so I would recommend starting with free tools before opening an account with any broker. Here are some places to get started:

BabyPips:

http://www.babypips.com/school/

DailyFX Videos:

http://forexforums.dailyfx.com/dailyfx-education-videos-forex-trading-strategies/

http://forexforums.dailyfx.com/webinars/strategies/

Informed Trades

http://www.informedtrades.com/f112/

This is a basic list to get you started, and I’m sure there is a lot more if you search.

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