NEW TO TRADING

I'm interested in trading but don't know where to start. Any tips?

Of course, first, you need to choose a good broker. Then you have to practice demo trading under that broker. And in addition to demo trading, you need to gather a lot of research and information online.

i found my own experience could help you though

i also new on trading. so perhaps you want to give it a try?

1st. i bought robot trading (which i love them now and even i encourage all my friend to buy to)
2nd i sign up to one of good trader guru in youtube

from these 2, slowly i gain knowledge and suddenly the sky is so bright for me.

feel free to message me if you want to know more

AliaDare posted:
Of course, first, you need to choose a good broker. Then you have to practice demo trading under that broker. And in addition to demo trading, you need to gather a lot of research and information online.

And where`s the learning and education?

For newbie there is no such thing as how much % I should make profit per month. For newbie it's about survival. Whatever % you make, make it consistently. Even 1% is very big for newbie. Don't fell prey into the greediness of making double or as much as possible. Learn to survive the market. Remember one this most people take exit from the market within one or two years.

forextrader777 posted:
Start with gaining knowledge about the market. Get well versed with the concepts and the process and then go for demo trading.

First learn the way of trading and then think about making money.

cashonmymind posted:
I'm interested in trading but don't know where to start. Any tips?

Start with learning basic concepts of trading.

Gracewilson1995 posted:

cashonmymind posted:
I'm interested in trading but don't know where to start. Any tips?

Start with learning basic concepts of trading.

Right. First focus on learning and practicing in demo account. After that think about making money.

learning and then practising your strategies on the demo will work for you. demo gives you safety as there is no real money involved in it. so thats the best way to do it

Learning forex is not so difficult if you have dedication and willing to earn money from this market. You can learn forex by reading various books, trading on a demo account and many more ways.

If you are a new trader, you need to do a lot of trading research. Because it is never possible to gain trading profit without trading research.

You need to study, this will be the key to your success in the Forex market, because you will understand how to trade and what nuances you need to take into account.

We always advised by the senior traders and experts just for learning. but I think we the newcomers have to practice trading besides learning process. Demo account is more appropriate for them and as a learning Process newcomers can depend on Pips School.

The first step is to gain all possible knowledge, scroll through the research material relevant to your trading needs. Gaining here is almost impossible if a newbie has no theoretical knowledge or practical skill about platforms or markets, so gaining that is very important.

Start using some free websites to gain basic knowledge like Babypips.com and YouTube take notes and read as much as you can. A good book to start is 'Naked Forex' its sold on Amazon. If you find you need more help you may want to look into getting a course and/or reputable mentor.

Do not go for robot trading as a newbie. You wouldn't know what is going on. Learn the basics and start demo trading. Gradually you will start understanding the markets and then you can go for a live one.

If you are new to Forex trading, you must have a trading education. Only trading education can bring success in Forex.

LeviSievwright5 posted:
If you are new to Forex trading, you must have a trading education. Only trading education can bring success in Forex.

Agreed, without solid knowledge and skills, a trader stands nowhere in this market.

But we all start from scratch, with no experience or practice, it just takes time and desire.