Newbie wannabe Trader

Hi there newbie. Well, I want to say that it is normal to become confused in your first few days. Pick up on a single strategy and stay consistent in it. Rather, I’d suggest refrain from live trading till the time you brush up your skills and come back confident. Revise through the theory as in babypips. Practise for at least 3 to 4 months in a demo account. Form and develop a strategy, and backtest it.

Hey newbie, I must tell you that you have chosen the right thing for your career. Just don’t take it lightly and do all that it requires to learn and understand the market. Your success depends quite a lot on what you know about the market. Feel free to ask anything you need help with.

I think you are feeling overwhelmed by taking in too much information at once. I would advise you to take it slow and take your time to understand what forex trading truly is. You should enter the market without a well-defined plan or else you will end up feeling more confused and lost. Just stick to demo trading as of now and focus more on learning. Good luck!

It is recommended for aspiring newbie traders that they must improve their knowledge and practice more and more. Keep learning. It is also important to have the right and positive mindset.

The first step for a newbie is to learn all the basics and open a practice demo account, where they can study the platform, practise evaluating the market, and open trades without risk because trading is done with virtual money for teaching purposes

As a beginner, I am sure that you would be really excited about trading and making money. But let me tell you that it is not going to be that easy without proper education. Find the direction of the market and build your strategy in accordance with that. Stick to your plan and take lessons from your losses.

You don't have to waste your money on pointless courses and tutorials. There are numerous free resources available to help you learn. Do not force yourself to enter live trading. Practice on a demo account as much as you can; it will benefit you in the long run.

Hello . There is only one success factor. Practice practice practice and practice

Determining trading position is really hard and analyzing the market properly is essential for doing so.