New Forex Trader Here

AdamCantor posted:

ScottyCarsonMVP posted:

REB_FX posted:

walpants posted:
i keep hearing about this book i think i need to get hold of it.

have you checked out the Youtube series ? This 5 or maybe 6 hours of awesome content broken in to a 4 part series.

Yes, highly recommended!

i dont know if it is the same one, but i used Youtube 'tutorials' to gauge a fell of trading from more experienced traders. very helpful.

Not sure it is, Mark Douglas series is what i was referring to.

What tutorials have you watched?

oooh okay let me take a look, thanks :)

Sounds very interesting. Do the tutorials go into detail about trading strategies or is it just basic info and general comments on support and resistance. I have seem to many of those videos and I need something more detailed and rigorous

AdamCantor posted:

ScottyCarsonMVP posted:

REB_FX posted:

walpants posted:
i keep hearing about this book i think i need to get hold of it.

have you checked out the Youtube series ? This 5 or maybe 6 hours of awesome content broken in to a 4 part series.

Yes, highly recommended!

i dont know if it is the same one, but i used Youtube 'tutorials' to gauge a fell of trading from more experienced traders. very helpful.

Yeah lots of decent You Tube tutorials out there

We have to choose these kinds of brokers which make sure security of funds, lowest trading spreads, low transaction cost, easy withdrawal system without long time process, free demo trading , active customer services , superior execution and much more real trading facilities that are very supportive to lead a flexible trading life with certainly.

Broker is important but for new trader does not matter that much. New trader should be on demo only. Stay away from live account for months

WinterWalker posted:
Broker is important but for new trader does not matter that much. New trader should be on demo only. Stay away from live account for months

I agree, demo till consistently profitable. Could take months or even years or it might never happen....

Finish babypips schoo. It is very important to know the basics of trading.l

failuresfx posted:
Finish babypips schoo. It is very important to know the basics of trading.l

nice ,very good start

babypips is awesome to learn the basics and also here is good for learning form the pros. i also found some youtube videos to be helpful with chart understanding and learning how to read them properly. great for the more visual learners. I also follow some facebook groups with people who share their trades and knowledge.

good luck with your trading

nick3232 posted:

failuresfx posted:
Finish babypips schoo. It is very important to know the basics of trading.l

nice ,very good start

Thanks mate.

unpopular opinion but even watching youtube tutorial like videos of experienced traders running thorugh how to read and navigate charts, and MT4 in general. this really helped me in the beginning. :)

Do you have any recommendations for traders to watch on youtube? I watched a few but they just ran through the basics. I really want someone to tell me the details of a strategy that really works

Wreeves posted:
Do you have any recommendations for traders to watch on youtube? I watched a few but they just ran through the basics. I really want someone to tell me the details of a strategy that really works

you can watch videos for Struckture and fibo knowlege from jason stepleton, for price action pinbar knowledge from Nial fullar videos.

Wreeves posted:
Do you have any recommendations for traders to watch on youtube? I watched a few but they just ran through the basics. I really want someone to tell me the details of a strategy that really works

Yes i provides Forex learning as well earning

Wreeves posted:
Do you have any recommendations for traders to watch on youtube? I watched a few but they just ran through the basics. I really want someone to tell me the details of a strategy that really works

There probably is no one worth watching there. If you want a winning strategy you have to develop it yourself. No one would give it out for free. Liquidity is not infinite. If a strategy works then you would want to keep it to yourself so as to not break the flow of liquidity. You can't trade too big either because the large market participants would react to that and your edge could dissappear.

AdamCantor posted:
unpopular opinion but even watching youtube tutorial like videos of experienced traders running thorugh how to read and navigate charts, and MT4 in general. this really helped me in the beginning. :)

I would have to agree with this!

WinterWalker posted:
Broker is important but for new trader does not matter that much. New trader should be on demo only. Stay away from live account for months

Exactly my thoughts

as a new Forex trader if you want to be a good trader with real knowledge and experience , i can say you have chosen the right forum , just keep learning and focus.