How I can start Forex Trading?

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

  1. Practice on demo advisable more than six months because so many trader get fail less than six months, when finding suitable strategy then choose micro account designed for newbie trader
     
    #51     Nov 23, 2021
  2. to start Forex trading is very easy but successfully run its not a minor deal , need so many others inevitable parts of trading.
     
    #52     Nov 24, 2021
    Killjoy likes this.
  3. The first step of trading forex has to be learning and then, practicing. If you think that you will be able to overcome challenges even if you don’t study, you might end up inviting unnecessary risks. It’s better to first know what it is all about and then, find ways to make money.
     
    #53     Nov 25, 2021
  4. Start with learning and practicing on a demo account. Once you have obtained an idea of how the market works, you can build your trading strategy and apply it on a micro account. Don’t rush and take steps one by one. In the beginning, it’s more about understanding than making money.
     
    #54     Nov 25, 2021
  5. learning is really important but honestly speaking any kind of learning can be useless if there is no regular level of practice.
     
    #55     Nov 25, 2021
  6. Esha.J

    Esha.J

    Forex trading is not more difficult than trading in other markets, but you need to learn a lot to become successful in the Forex Market.
     
    #56     Nov 25, 2021
  7. You can start forex trading by signing up with a broker and opening a forex demo account. Here you will trade with virtual currency. However, before you do that, get clear with the basic concepts and then move ahead with a demo account.
     
    #57     Nov 28, 2021
  8. Dr_Trade

    Dr_Trade

    Forex trading really needs patience, if someone do not have that, learn that first.
     
    #58     Nov 29, 2021
    Bree98 likes this.
  9. i can suggest you start learning about forex market and trading in general, aximdaily offer free resources on trading education so you can check that out and find a broker to open a demo account with them to start practising what you learn. Good luck
     
    #59     Nov 29, 2021
  10. Bree98

    Bree98

    Agree, patience and consistency are two most important aspects of a good trader.
     
    #60     Nov 29, 2021