How I can start Forex Trading?

Discussion in 'Forex' started by hardeepkaur, Aug 10, 2021.

  1. Very important to minimize the risk, demo account is a free virtual account useful to backtest a trading strategy, but need seriously to learn how to manage account, sometimes newbies playing demos just for fun.
     
    #11     Aug 15, 2021
    tomorton likes this.
  2. starting is not at all as difficult as it seems, only everything will depend on you yourself, on your mood and plan for work
     
    #12     Aug 17, 2021
  3. to start trading is very easy but the main challenge is keep surviving successfully , beginners always fall a great trouble when they try top bring profit with no learning.
     
    #13     Sep 2, 2021
  4. The fact that you are asking this which means that you have no idea where to start first. Can I recommend you to start learning on what forex and trading in forex are all about? You can check out this good course: https://babypips.com/learn
    And then you can also keep checking out any youtube channel which can help you to get better understanding, visually. No Nonsense Forex has some great stuff to check out.

    All the best.
     
    #14     Sep 2, 2021
  5. As a beginner you can start learning off from babypips and the free content on YouTube and telegram
    once you gain confidence you can apply for a funded account

    There are prop firms in this industry which give you account upto 300k to trade and have a profit split at the end of the month
    you simply have to pass 2 challenge phases and you get a fully funded account

    with Funding talent you can also apply for a Flex classic account where you earn while you learn,
    there are no challenges requirement, simply pay a one time fee and access a funded account and alongside receive a portion of the profit you make

    Once you gain confidence and funds, you can then apply for a challenge account where you get profit spilt of 90/10 in the favor of the trader

    feel free to reach out for any inquires :)
     
    #15     Sep 2, 2021
    Charts and Arts likes this.
  6. Babypips is one popular site among traders, education class is easy to understand and with interactive fun sentences, learning like as in play ground makes a fun.
     
    #16     Sep 2, 2021
  7. So how is it going for you so far? Were you able to understand the basics?
     
    #17     Sep 16, 2021
  8. Learn basic education forex in first-class, introducing forex and how it works, who behind forex participant in the market, etc, meanwhile learn in practice can use a demo account.
     
    #18     Sep 16, 2021
  9. basic education is really important but it can be useless if there is no regular level of practice , so should focus on there first of all.
     
    #19     Sep 18, 2021
  10. FahadMd

    FahadMd

    demo is okay , no doubt but the main problem is when we try to implement this knowledge in a real account not works .
     
    #20     Sep 19, 2021