Read, ‘Trading in the zone’ by Mark Douglas is a good read for beginners so start there. You could browse through different YouTube channels and get a good idea about what the market has to offer. Practice on a demo account to learn the process, backtest different strategies and get familiar with the terms and market dynamic.
Hi there, start by learning through books, checkout ‘ Trend Following’ By Micheal Covel. This book is a great leap into figuring out the market dynamic. It teaches you how to follow a trend and make profit so this helps in gaining returns in the start. Then, expand and learn different approaches. Good luck!
Hehe make money in forex - i can tell you that you will need a long breath .. very long .. much time, you need a lot of knowledge and a very very good mental condition to get profitable in forex trading. Only 1% to 3% are constant profitable - it is the hardest business of all but if you are really really good it is the best too :-) have a good time and take the time you need - time is knowledge and knowledge/ good mental condition you will need in this business! oh and you will need money in your backhand :-)
I'm in my first year trading full time. Wish I had started with in the right path when I first got interested in trading in 2019. Having a mentor is one of the most if you want to start trading. But starting with a Demo account and gaining some knowledge first helps a lot before committing money and time to mentorships and trading seriously.
I know starting to trade is difficult, I had experience that and keep pushing to improve as a trader to make a living from it. That's why I made a channel as a Blog to dig deeper between the stage of being breakeven and having some consistency into being a professional trader. I would make videos to help with some mistakes I had made/has seen others do and that hinder the progress as traders. Hope it helps as many new traders as it can reach.
Anner posted: Hello, I'm new here. I hope that I can find here opportunities to make money in Forex.
Your first step should be to gain sufficient knowledge and trading skills. Find some trustworthy sources to learn and comprehend trading. After that, you can sign up with a reliable broker, and open a demo trading account to get some experience under your belt. It will help you to sharpen your skills and learn more about trading and the market.
AdomKutler posted: the first step of trading is always difficult for any beginners session. and also really challenging.
In my opinion, developing the right trading mindset should be the first step followed by market knowledge. One of the things that make trading so alluring is because it is challenging. It will be difficult to trade without having a clear understanding of the basics and technicals.
AVERTISSEMENT SUR LE RISQUE ÉLEVÉ : Le trading de devises comporte un niveau de risque élevé qui peut ne pas convenir à tous les investisseurs.
Leffet de levier crée un risque supplémentaire et une exposition aux pertes. Avant de décider de négocier des devises, examinez attentivement vos objectifs dinvestissement, votre niveau dexpérience et votre tolérance au risque.
Vous pourriez perdre une partie ou la totalité de votre investissement initial. Ninvestissez pas largent que vous ne pouvez pas vous permettre de perdre. Renseignez-vous sur les risques associés au trading de devises et demandez conseil à un conseiller financier ou fiscal indépendant si vous avez des questions.
Toutes les données et informations sont fournies "en létat", uniquement à titre dinformation, et ne sont pas destinées à des fins de trading ou de recommandation.
Les performances passées ne sont pas indicatives des résultats futurs.