hi everyone, i am a natalie, i am a teacher, i am interested in forex trade but i have no experience in trading, i heard that myfxbook is a good community and i should get here good suggestion or advice .
if i say 100% truly i have just idea about forex but not in trading so i want to be a trader,,,
Now your turn, for give me suggestion or resource,,, advanced thanks. 😐
It does not matter what kind of profession you are coming from here. It is important if you are ready to work and hard to learn at least 2-5 years to become profitable. If you are ready to do so then there are no obstacles for you.
Newcomers always attacked by the greed and fall a great trouble when trading practically. We cannot avoid greed and emotions. Because this is a part of common human nature but we can be discipline which can support us to control greed and emotions.
Don't be too quick to start the real trading. First you need to improve your knowledge for trading, to build a good strategy and to manage your risk and funds. Don't be quick - be profitable. Good luck
What comes to my mind for newcomers in trading is that some brokers are offering educational webinars , so if you register there you can ask your question Live and the person could answer you … It’s just good if you need interactive communication, because sometimes one could get lost by just watching videos or reading articles …
Hi Natalie.. there are many pay or free courses to follow them.. only I could recommend that you never relax in your efforts to learn and practice and practice a lot (minimum 3 to 6 months in a demo account before starting with real operations) .. that you choose your trading style (scalping, intraday, swing trading), and the periods of analysis that best suits you (5M, 15M, 30M, 1H and simultaneous analysis) .. you must review about technical and fundamental information and perform your own tests (do not trust the brokers advisers) ..of course, you also must review in detail all the options of the MT4 (the most complete and that requires even knowledge of C ++ programming in specific to know it better), about indicators, scripts and EAs .. which you must learn to customize them to your preference in your parameters, display and its operation
many successes and happy trading !! 😄
Do not regret ever ... analyze, correct and improve what has been done
I will recomend you only one and the more easiest possible way to become a succesful in forex - It is the hardest way too Only one thing you need to become a professional - it is to find a professional and let he/she will be your teacher.This way one of the most succesful ways in the world.Yes,it's hard to find the man like this,but who is looking - will find
Since you have very little idea about forex trading I would suggest that you take small steps. Don’t rush into it. Start by reading news daily and keeping track of what is happening in the forex market, particularly the currency that you are interested in. There are countless websites you can find online that could provide you with daily/hourly analysis of various currency pairs. You can also open a demo trading account to get some practical experience.
HIGH RISK WARNING: Valutahandel innebär en hög risknivå som kanske inte är lämplig för alla investerare.
Hävstångseffekten skapar ytterligare risker och förlustexponering. Innan du bestämmer dig för att handla med utländsk valuta bör du noga överväga dina investeringsmål, din erfarenhetsnivå och din risktolerans.
Du kan förlora en del av eller hela din ursprungliga investering. Investera inte pengar som du inte har råd att förlora. Utbilda dig om de risker som är förknippade med valutahandel och sök råd från en oberoende finansiell eller skatterådgivare om du har några frågor.
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