Dedication Training

Nobody becomes a successful trader without putting a considerable effort in it. Success requires dedication and this is exactly what you will have to do to be profitable. Don’t think it’s going to be easy because it’s not! But with a lot of dedication and effort you CAN become a successful trader. Follow the news, read books, discuss the forex market with other traders on the Internet and evaluate yourself from time to time. With enough dedication you will make it and maybe you’ll make enough money one day to quit your day job to become a full time trader. I have made some suggestions for you to read so that you can grow your knowledge of the forex market and make thoughtful trades.

News Sources
One of the key aspects to a successful trade is to keep up with the news. I recommend the following news sources to check out on a regular basis:

1. Forex Factory
Forex Factory is one of the best news sources for forex traders. The fundamentals calendar is a must see, as it lists all the important macro economic number releases. It also keeps you updated with the
latest forex news, fed by various news sources.

2. ColtFX
ColtFX Market news keeps you updated with the reasons behind movements in the charts. They also provide a video in which they explain all the fundamentals that moved the charts.

3. FX Street
FX Street brings you the latest news on the forex market.

Discuss the forex market with other traders and learn from them

Discuss with other traders
There are several forums on the internet that let you discuss the forex market with other traders from around the globe. The best forum I have seen so far is Forex Factory, and I advise you to read and participate the live debates that are held there. This is where I have learned a lot about currency trading, it is a great source of wisdom!

Trainings
There are plenty of online trainings, but you must be careful; there’s also a lot of rubbish out there. One website that I can definitely recommend is that of Robin Dayne. She provides excellent trainings, some freely available and some to be paid for. I have followed some of her courses and I found it to be well worth the money!

Books
I recommend the following books for you to read: