The New guy on the block

[nick.bar]

Hello guys,
My name is Nick I'm new to all this business of Forex trading.
I heard from some friends that they made some good money from Forex and I decided to try also.
I have a few hundred pounds that I put a side to try this thing.
I can say with certainty that I do not know anything about Forex trading. And after reading about it online I think I understand even less.
I would love to hear any tips you have about how to start small and try this thing...
Do I need to start with a broker? to open a demo account?
In what should I trade? Forex? Which currencies are the most safe to trade in ?
There is to much info out there, can someone give me the short and simple version on how to start?

I don't want to just flush my money down the toilet...
looking forward to get to know you guys and start making money...

Thank you all, Nick

 

[Enivid]

Hi Nick!

You might want to start with a demo account at any broker. I recommend choosing one with MT4 platform as it is the most popular one and is worth learning about.

Try a few trades on EUR/USD then return with more questions.

 

[nick.bar]

Thank you,

I have opened an account with 10markets.com , and they called me and expain how to set up the account and how to use the system.
they where realy great.

I hope that everything will be ok and I will come back with more questions.