What Are The Forex Websites Newbies Need To Know?
Foreign exchange buying and selling, called "forex", has really picked up steam since the rise of the Internet. Instead of a few shadowy figures in smoky rooms doing the forex thing, anybody can who really wants to learn and has at least $1000 to blow. If you type in "forex" into Google, you will be "forexed" to death by the millions of results presented to you. If you are new to forex, then what are the forex websites you need to know?
BabyPips.com
What are the best forex websites you need to see? First and foremost is BabyPips.com, which is a help to freelance writers and forex traders alike. It is written in plain English with numerous examples and easy to read text. The offer a "School of Pipsology", which teaches you the basics of forex. You go from pre-school to college graduate in this "School of Pipsology." For example, is you don't know what pips are, then your really need to go to BabyPips.com's pre-school.
GoLearnForex.Net
Although it's pretty hard to beat BabyPips, there are times when you might want to hear another point of view. Besides, the title of this article is "What Are The Forex Newbies Websites You Need To Know?", which implies that more than one forex website for newbies exists. Another is the aptly named GoLearnForex.net, where you focus on certain specifics of forex.
Unfortunately, this website uses a much smaller font that BabyPips.com. It is also not as well organized. For an overall presentation of forex, you are much better off with BabyPips.com. However, if you do have specific questions like "How does a faulty Forex dealer eat your money?" then the list of articles will help you out.
Forex Blogs
What are other forex websites a newbie should check out? You'd be well advised to check out blogs devoted to forex. There even is one, conveniently enough, called "Forex" (easy name to remember, huh?). The advantages of these blogs are in the organization and the responses you may get to your comments or questions on the blog posts.
Most blogs now offer a search feature or file categories, which helps you narrow down the specific topic you want to find on a blog. You also get the latest in forex scams, news and sometimes links to more great forex sources. Now, when some forex newbie asks you, "What are the forex websites I should check out?", you know what to tell him or her.
