How to Start Forex Trading?

Mar 25, 2023 at 12:32
657 zobrazení
7 Replies
Členem od Mar 25, 2023   1 příspěvků
Mar 25, 2023 at 12:32
Hello all, I am new here and I do not know if this is the right place to ask this query or not but I hope I will get a positive response. basically I am new to learn Forex Trading, I know a little bit about the price action. but do not know the how to trade, can any one please suggest me any good course and books that will help me start forex trading.

Thank you
forex_trader_3226709
Členem od Mar 23, 2023   35 příspěvků
Mar 25, 2023 at 19:17
Go to babypips. Or better, look for a day trader that will teach you over the internet.
I advice newbies to always do the latter.
 But me personally hardly have time to teach, as I value all the time using to follow charts, because profits are what I have dedicated my time making.
Členem od Oct 01, 2022   53 příspěvků
Mar 27, 2023 at 11:36
to start a Forex trading is not e big deal , the main deal is how to survive successfully.
Členem od Jun 26, 2020   327 příspěvků
Mar 28, 2023 at 08:42
if you want to bring good result of course first of all you have to make sure good trading knowledge including a reliable support from a credible trading broker.
forex_trader_3226709
Členem od Mar 23, 2023   35 příspěvků
Mar 28, 2023 at 21:01
@KAnthony where are you based?
Členem od Apr 18, 2020   58 příspěvků
Apr 04, 2023 at 11:51
1. Learn the basics: Before you start trading, make sure you have a good understanding of the basic concepts of Forex trading, including currency pairs, trading strategies, and technical analysis.
2. Start with a solid trading plan: Before you start trading, develop a solid trading plan that includes your trading goals, risk management strategies, entry and exit points, and trading strategies.
3. Practice on a demo account: Practice trading on a demo account to get familiar with the platform, practice your trading strategies, and learn how to manage your risk.
Členem od Dec 30, 2022   11 příspěvků
Apr 14, 2023 at 05:16
Some time ago I was given advice: to learn how to trade, you have to trade every day on a demo account.
By trading every day, you will understand the Forex market faster and you will also master MT4.
Členem od Mar 16, 2023   7 příspěvků
Apr 20, 2023 at 14:33
In order to start trading, you need a mentor who can give you the information you need.
Forums are doing a good job these days.
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