You might need to enroll under a Profesional institutes to be able to learn to trade yourself but be sure to have evidence that you are enrolling under a professional not some quack and be ready to be patient because learning forex is not a day job.
Forex and how to begin
- Thread starter Promise
- Start date
You will have to enroll for forex class to get yourself acquainted to the basic knowledge. You will have to demo trade before you start live forex trading. There are several Educational materials on YouTube.
Bro, I'll advise that you take this advise seriously. A lot of forex traders today go in and fail and then you'll begin or hear stories that forex isn't profitable. Acquire a lot of knowledge because you're going to a very volatile market.
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Brendan Watson
Acquaintance
In forex market we exchange currencies and try to earn profit. But not all the foreign currency traders are uniformly victorious here and are able to carry out their trading activities advantageously for numerous reasons. One rationale can be selection of wrong broker, not all brokers can ensure timely trade executions. For this reason in order to engage in timely and fastest trade executions according to market situation I rely only on my broker ForexChief since this broker is offering timely and fastest trade executions through its reliable and flexible MT4 platform which I use from any device: laptop/iPhone or iPad/ android and I am free from re-quote and slippage problem also.
I have found YouTube videos to be one of the most resourceful pieces that you can ever use in order to learn about the forex market and then go to octa FX so that you can be able to trade with a demo account or.
Learning forex does not really have to be hard to be honest. You can be able to learn forex by just going to YouTube and following beginner courses then using a demo account in order to practice.
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The only thing I know about Forex is that it stands for Forex. We handle the buying and selling of goods and services. It's good for anyone who can predict the rise and fall of prices in the different currencies you are trading.
Of course, first you have to know forex, learn about and join a forex broker, so you can recognize the trend of market fluctuations, master technical and fundamental analysis, don't make trading decisions based solely on speculation and feelings. (because forek is not gambling). learn the trading platform, use a demo account for at least one month. make a deposit and start forex trading.
It may not be difficult , the most important thing is for you to get an expert , that is all. An expert is who will guide you on how to get started without any problem provided you are able to get a good expert for yourself.
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You do not have to pay for mentorship in order to learn and profit from forex trading. I am a testifier. I literally learned everything on YouTube and I have finally found my edge in the market
The basics of how forex really works can be gotten from YouTube. There are so many YouTube channel that is ready to give you a better idea of how forex works for a start.
To start forex trading I think that the first thing which you need is to spend some time in your demo account let say like 8 months the more time you spend learning the better your chance to gain more knowledge skills
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If you want to earn money online as a forex trader, you need to understand the basics, you also need to have a mentor that's if you are not good at accumulating thing's on your own.
That's tye first step you need to take before you can even start thinking of earning money as a forex trader, you need to put in some work of learning.
Addai John
New member
I want to go into forex but the problem is that I don't know we're to start. I don't know the basic skills in Forest trading.
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That's right, if you don't have experience on how the market works you are not expected to take a trade, if you do that you'll only hurt yourself which is very bad.
You won't only hurt yourself, you can do crazy things even more than that, I know of a trader that loses money he ended up commiting sucide, just imagine how that feels.
That's really feels bad, that's why most people nowadays don't really like to venture into this kinds of business, forex trading is very risky especially if you don't have experience on what you are doing.
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Yes I believe what you said, forex trading is a risky business but you can use it as a way to earn money online, there's a lot of people out there that earns money with trading forex.
Forex trading is a risky way to earn money, but if you are good at taking risk I believe forex trading will be the best idea for you, in this life you have to take risk before you can succeed.
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