what do i need to start trading forex in kenya?

Friday, April 11, 2014 , Posted by Ryanita at 10:57 AM




Smith


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.


Answer
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.

where can i learn about forex trading in Kenya?




kafris


am really new with forex trading and alot of the info i get online is a bit too technical for me. i was wondering perhaps i could get like a tutor .here in kenya


Answer
There are many training programs available on the internet. Just google "forex trading training."




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