Forex Trading Forums

Forex trading forums allow you to interact with other FX traders, compare trading systems, and learn about the best brokerages.

Forums can be beneficial in many aspects of trading. For many, the forums provide a source of motivation.

Trading motivation is an often overlooked part of trading. Motivational issues arise especially when traders go through periods of trading losses.

For beginning traders, the first losses may be too much emotionally, even though back-testing of any trading system will show that there will be periodical drawbacks.

Going through such a period of trading losses, trading forums may be the place to find either the motivation to keep to the original system, or a place to find better trading systems.

Online Forex Trading Forums

For general discussion about forex, there are many online groups/forums. These are discussion groups with topics ranging from very focused subjects, such as discussion about the USD/EUR exchange rate, to very broad subjects, such as discussions about the best forex brokerages.

To find online forex discussion groups, see, for example:

• groups.yahoo.com
• groups.google.com
• groups.msn.com

The last time I checked, a search for "forex" (without the quotes) on groups.yahoo.com resulted in 367 groups, and the same query at MSN resulted in 144 groups.

Other FX trading forums are available at moneytec.com and forexfactory.com.


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