Hey guys first post here, thought id sign up and ask a few questions i have been umming and ahhing about lately.
Im keen to get into the business of forex trading, and was wondering where is a good place to start learning about the in's and out's of forex trading? Obviously i have been doing a tonne of reading on the internet, but you can often trawl through thousands of pages on the internet without ever reading anything useful, so i thought if i asked some more experienced people to direct me, that would be a great way to cut down the 'useless reading time' and increase the 'meaningful learning time.' I would have asked this question in the Beginner's Lounge, but i thought seeing as i specifically wanted to know about forex trading this would probably be the more appropriate forum to post in.
Anyway im looking to learn this because a mate of mine has a dad who owns his own home-building business. He was telling me his dad makes a fair amount of his income not through this business but by betting on whether certain markets will rise or fall in the 30 minutes through some website. Long story short he sold his home building business and now runs a business where he offers his 'picks'(to use on this website) to anyone willing to pay him 1000$ a month. Now i dont really have 1000$ to throw around willy-nilly on something that may or may not be a true story(though i think it is true, i have known this friend for a long time and trust him well) so i thought id sign up to some forums and see what you guys think first.
Any help or insight you guys can offer will be really appreciated.