It is crucial to strive so hard to learn forex trading because it's a type of investment that requires a lot of experience and you must keep learning and learning all the time so that you will continue to get acquainted to the basics in Forex.
Do you know any best ways to learn Forex?
- Thread starter Potuse
- Start date
You can get a thorough grasp of the market and how it functions by reading one of the many excellent books available on Forex trading. Numerous websites provide thorough online classes that cover all the fundamentals of forex trading.
If there is any best way to learn I would go for it. Just like what someone has told me that he best way you should learn forex trading is to learn with a physical tutor so that the movement of trends will be explained.
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The best way to learn trading is by going through mentorship, we have a lot of mentors online, but you need to have enough before you can get a good mentor.
There are many ways to learn forex trading. You can make use of blogs and YouTube videos to start. But it is best that you engage in a physical class offline as well.
Yes, there are many ways to learn Forex, and the best method depends on the individual's learning style, goals, and resources. Here are some of the most effective ways to learn Forex
- Read Forex trading books: There are many books on Forex trading that cover everything from basic concepts to advanced strategies. Reading books can provide a solid foundation of knowledge and help you develop a trading plan.
- Take online courses: Many Forex brokers and other websites offer online courses on Forex trading. These courses can range from free introductory courses to paid advanced courses that cover specific trading strategies.
- Attend webinars: Many Forex brokers and educators offer webinars that cover various aspects of Forex trading. These webinars can be a great way to learn new trading strategies and ask questions from experienced traders.
- Practice on demo accounts: Most Forex brokers offer demo accounts that allow you to trade in a simulated environment with virtual money. Practicing on demo accounts can help you gain practical experience and test your trading strategies before investing real money.
- Join a trading community: Joining a Forex trading community can be a great way to learn from other traders, share knowledge and experience, and get feedback on your trading strategies.
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There's a lot of places that you can use to learn forex trading, but most of them will not give you the information you need even if you pay for it, you can Hadly have the right channel.
You can definitely learn forex from a seniors, then you can also approach YouTube to Learn one or two things about how to trade in the forex market effectively.
Learning forex trading is not something hard anymore,you don't really need to pay for any mentorship before you can earn forex trading, all you need is just to have the right channel.
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I personally do advise that the best way to learn about forex trading is by having a mentors that can guide you and hold you by the hands on your forex journey as the journey is not easy.
Forex trading is a type of business that you need to learn it's basic to succeed in it. There many videos about forex trading on YouTube that you can watch at your own leisure time to learn. Also, there are many digital courses on forex trading on platform like udemy. But, to me, the best method is to learn from someone with track record of success.
Back then i came across a site called babypips the site was actually a forex trading site that focus on teaching beginners the basics about trading. I don't know if the site still works but you can give it a try and see how it goes.
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That's a old website that provide you with a good knowledge you need about Forex trading, but you need to go through mentorship before you can get it right.
One of the best ways to learn forex is to approach some learning platforms like YouTube or you can utilise the web to learn relevant things you need to know about Forex.
- Thread starter
- #15
It is true that you can gain relevant experience on how to learn forex on trading platforms and some social trading platforms like etoro and you can use the YouTube as well.
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I support that as well, to learn from someone that has very good track record of consistent winning is better than learning from any other aource that you are not sure of there record
Yes you are right,if you have the knowledge of forex trading you are going to earn money from it, going for the knowledge first is very important,it will help a lot.
You cannot venture into forex trading without having the prior experience on how to trade because it could be very dangerous if you do such and you could lose your money.
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One of the best ways to learn forex is to approach YouTube and also utilise some platforms where you can get used to how to trade and a typical example of such a platform is etoro.
If you are good at doing things like this, that means you are looking for a way to lose money, you need to know what you are doing in the forex market before you can be able to earn money.
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