Now, you can trade in stocks, shares, and currencies online sitting in the comfort of your home.
Another factor that has contributed greatly to the success of online trading services is that banking and money transfer systems have also become available online.

The result is that online forex trading services providers, or brokers, have been able to expand their customer base and also their profits. These companies advertise their services through the Internet, and customers living at distant places can contact them. The services of these companies also include providing online training to the customers. For this, they provide e-books that contain detailed instructions about forex trading.

The customers are supposed to purchase and sell the currencies as if they were actually trading in the real-time market. Some online forex trading service providers also have specialized software that can train the customers, who can then choose sale and purchase strategies.

Executive summary by Sacha Tarkovsky

One of the most inspiring stories I ever read, was how legendary trader Richard Dennis taught 14 people who had never traded before, to trade successfully in just two weeks.

Richard Dennis taught them three major points:
1. A simple method they could have confidence in.
2. Money management.
3. Applying the method with discipline.

1. Method
You should be using a long term trend following methodology looking for the big trends that produce the big profits and breakout trading is ideal for this.
If you want to win at online forex trading, you need to know about breakouts.

2. Money Management
If you start with a “breakout method” and base your trading method on it, then stop placement is obvious.
If you only trade significant breaks your odds of success will be high.

3. Discipline
Is perhaps the hardest part of trading online forex.
You need to apply your method with rigid discipline otherwise you have no method at all.

Discipline is all about experience and even seasoned traders find it hard to keep executing a method when a string of losses occur.

1. Market Wizards and The New Market Wizards ( edit )
2. Trader Vic

A true trading legend, who shares with us his thoughts on trading, money management and trading psychology, a fantastic all round book.
Trading is Simple, yet people try and complicate it.

Work smart not hard!

Executive summary by josh riverside

Online Forex trading is a business of risk. It is only wise to choose your online Forex platform providers and brokers with utmost care. What you need to do is consult online Forex trading reviews. Here, you will have access to actual assessments from small investors themselves, accurate evaluations from expert financial institutions, and helpful comparisons based on key market indicators.

Benefits of Consulting Reviews

Many reviews are written by veterans in the currency trading industry - people who have traded successfully for years. Online Forex trading reviews allow you to compare and contrast brokers, so that you can find one that is willing to handle your investment the way you want it handled. Finally, online Forex trading reviews give you access to the opinions of investors themselves, big or small.