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How to achieve a correct strategy in CFD/Forex?


As a fresh man, CFD or forex looks like the same for me.
I don鈥檛 know how to have strategy to open a position, it is not a gamble for sure,
There are some knowledge to help you nearly predict tomorrow, but what are they?
I am told to pay attention to political and Economical news, but how can I learn to analyze news info correctly and dig out the truth of it?

What are the tools and methods to predict CFD fluctuations or forex? Is it all about news about war or oil in middleeast?! Please light my dark mind.

When I listen to news, which elements are vital? Give me some examples?

What kind of news?
Which method to analyze the news?
How about to research about different stocks in CFD? Is it necessary and useful?
There are dozens of names in my instrument table, which ones shall I choose to trade?
Any book? Any online source? Any forume? Any thing I can achieve?
You see I am really confused, can you help me out?

I really appreciate your time and your attention for these many questions

CFD? I don't know what CFD is, but I trade the Forex.

Go to your library and check out several books.

Here are some online resources:

Otherwise, check out some of the Forex sites.

http://www.premieretradeai.com/

http://www.forextv.com/FT/Video.jsp?chan...

http://umgarticles.atspace.com/forex-tra...

http://www.fxstreet.com/rates-charts/usd...

http://forex.tradingcharts.com/

http://www.dailyfx.com

http://www.forexbastards.com

http://www.forex-options.com/

http://4xcampus.com/

Forex simulator:
http://www.expertworx.com/pm/Forex%20Mar...

useful e books:
http://www.rapidforex.com/
http://www.traderssecretcode.com...
http://www.1forextrading.com/

Here is the broker I use:
http://fxdd.com/

You can never predict anything - if anyone can, and if it were that easy, there would be plenty of millionaires out there. The real secret lies in risk management - in controlling your losses.

Trading Stocks (Shares)
http://www.mysharetrading.com/
Trading Critic
http://www.tradingcritic.com/ Report It

Try the links in http://www.hot8sites.com/currency-tradin...

Hi, i know what your question is.

i suggest a great site with plenty of Issues related to your Investing and everything around it. it also provide clear and accurate answer to many common questions.

I am sure that your Investing will benefit greatly from this website.

http://investing.sitesled.com/

Good Luck and Best Wishes!

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