Have you learned anything about trading while visiting forums? What you can learn from forex trading forums may surprise you. It may also surprise you what you can't learn from forex trading forums.

If you've learned something useful from a forex trading forum, comment here and let us know what it was.

Coming as no surprises downgrades are afoot in Europe. Credit ratings of various European countries are being downgraded. This has been coming for quite some time, it's in no way surprising.

Interestingly enough, rather than cutting spending, we are seeing more options for printing and tax increases happening in Europe.

The Euro continues to fall against the US Dollar probably largely due to market sentiment. When it comes down to it, I'm not sure how any investor can tell the difference between the Dollar and the Euro, both central banks seem to be interested in printing rather than solving the actual problems that led to this mess.

Adding to that that SHORT EUR/USD is a rather crowded trade. Are you shorting the Euro, or do you see a chance for redemption coming soon?

Foreign exchange was one reserved for people travelling between countries and as a rich man's spectator sport.

These days, the average person on the street can be a forex trader with just a few hundred dollars to start with. So how does foreign exchange trading work?

My first day of trading the foreign exchange was a bit crazy. I was so excited at the prospect of making easy money. I really had no idea what I was in for.

Fast forwarding to years later, I wish I could go back and give myself some of the advice that I can now give to others to save some of my learning curve.

Trading foreign exchange is so much more simple that it feels. New traders can be overwhelmed with their emotions and desire to succeed and they make mistakes.

My goal is to really help people in understanding foreign exchange trading.

Do you have a war story from getting started with forex trading? Please email me, I'd love to hear about it.