How I can start Forex Trading?

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

  1. Silvi_26

    Silvi_26

    First take out time to learn about forex and then later start practicing on a demo account.
     
    #231     Nov 3, 2022
  2. learning is really important , no way to deny but according to me any kind of learning can be useless if there is no regular level of practice. happy trading.
     
    #232     Nov 3, 2022
  3. True! Starting with proper and systematic way of learning is crucial for having a good understanding of mechanism of the market. .
     
    #233     Nov 7, 2022
  4. Do not take forex trading lightly it can become the best way of losing money if you are not careful enough. Don’t just start trading because you feel like. Gain appropriate knowledge and understand the market.
     
    #234     Nov 7, 2022
  5. Get your basics cleared. Babypips is a good platform to get started with. Once that’s done, start practising on a demo account. Learn to build strategies and understand how the market functions. Demo trade for at least 6 months until your strategy starts giving you consistent results. Then you can trade on a live account. Meanwhile, don’t stop consuming knowledge as this will only take you ahead.
     
    #235     Nov 7, 2022
  6. this is a plan fine for a demo account with using strategy in there.
     
    #236     Nov 12, 2022
  7. FahadMd

    FahadMd

    common approach but effective
     
    #237     Nov 12, 2022
  8. pips is really good from all others we have in online , but besides pips school, this is really important to trade in a practice account.
     
    #238     Nov 12, 2022
  9. for news trading i always use Forex factory economic calendar that is really good than others forum .
     
    #239     Nov 12, 2022
  10. this site is really good but little bit difficult for the traders who are beginners. happy trading . from my first day of trading i have been using their economic calendar that always supports me to predict the market during news.
     
    #240     Nov 17, 2022