Education is needed to make a profit in trading. It is never possible to make a profit without trading education. But you have to learn with patience. You can never make a profit if you don't learn to join trading.
Gather the basics of trading and learn everything you can about how the forex trade works. You will get a lot of courses and free material online. A good observation will only help you to analyse trends.
If you want to build a good trading career in the forex market, you have to learn all the basics of forex perfectly. A demo account will be the best option to practice all the strategies without any risks and justify yourself properly.
If you are completely unaware of how forex works, I suggest you go for some trading course or read about it online first. You can read a few books like How to Make a Living Trading Foreign Exchange by Courtney D. Smith, Forex Trading: The Basics Explained in Simple Terms by Jim Brown, Currency Trading for Dummies by Brian Dolan. You can also explore some of the courses on udemy or babypips. The key is to keep practising and learning until you fully understand the core concepts.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.