Hi, it looks like a good time to put in my first post under this Forex thread. Stumbled across this part of LY Forum, used to post in the video thread. Traded Forex for a while but on and off, now mostly off, probably suffering from fear of trading. On the losing end but still belief Forex is the best trading vehicle and just waiting for my time. Hope to learn from the sifu's here and share my experience (mostly bad) and give my views to newbies here, where relevant. Also some very basic Forex (but nothing like babypips) and some MetaTrader4 user tips for beginners in my Forex Blogs but no strategies or market outlook since still learning. Happy pipping!

Just my opinion. If you are in KL/PJ, the best bookstore for Forex and trading book is Kinokuniya in KLCC. Next is MPH, Midvalley and then Borders, the Gardens. Generally the best arranged is in Kinokuniya. You should look in the Forex section for specific Forex books, the trading/investment section for general trading books and the section on Technical Analysis (not sure the name of the section, but all around the same area.) Though the general trading and technical analysis books are not specifically for Forex, most of the contents are applicable to Forex.
But as pointed out by many, you can get free Forex information from the internet but for those who must hold a book to be comfortable, you can browse in the bookshops mentioned.

Which UK broker are you using? And which are some of the other reliable UK brokers that you know off? User experience will be a better guide on these brokers than what their websites say. Thanks.

With the trading rules already changed in US brokers (and more to come), many traders here using US brokers may want to change to UK based brokers or in other countries with more friendly trading environment. Appreciate if sifus here can give names of some UK based brokers or elsewhere that they are using or known to be reliable for us to consider. At least we don't shoot in the dark. Thanks ahead.

This post has been edited by ronaldkwok: Jan 18 2010, 11:21 AM

Thanks for the names of some non-US brokers. Any more suggestions from other sifus for non-US brokers for us to check out?

Looks like there are quite a number of newbies coming into the forum. Now that all the Forex training has stopped (or at least no more public advertisements), newbies have to depend on the internet or books or their friends. Apart from those Forex web-sites already mentioned, they can also refer to my Forex Blog; but can ignore all the posts about the local training/seminar since they have now all disappeared. It will not help you make money from Forex but at least it will give you a better understanding, hopefully. On my Metatrader4 Blog, newbies can learn the basic usage of this platform. Hope this is of some help to the newbies out there. For the sifus, just ignore this post. Good luck to all.

If I am not mistaken, the advertisements avoid using the word Forex altogether and mention only trading in general or talk about stocks, options, or commodities trading, etc. I suppose that's what the Chinese saying refers to as "hang a goat's head but sell dog meat"!

It is very tempting to jump on board but many a times the ship will gostan (ususally just after you have got in ); unless you have done your study that the ship has still got some way to go. One of the Forex rules is "never chase the market" since there will always be other ships coming along. Ya, patience, patience.

This post has been edited by ronaldkwok: Jan 22 2010, 01:00 PM