Agreed there are so many scam posts on social media that try and sucker you in but provide no evidence of being of any use in the markets themselves.
First steps on trading
- Thread starter Joao Afonso
- Start date
True!! Staying away from those scams is a must. Beginners must be careful against those and stay connected only to the genuine resources.
Talar
Recruit
- Messages
- 112
The first step you should take when you learn about forex trading is to take your time to find out what forex trading is really about before you do anything else. Most of the people coem to realise that forex trading sinto as they thought it was when they decided to join. That is most of the time because of the misleading ads that make you think that it's one thing when it is actually another thing. In forex trading you need to take things the right way or you will lose everything. There is so much to elan and there are a lot of academies that you can join to make sure that you're the best of what you can manage.
Malsa
Private, 1st Class
- Messages
- 38
The first step is will always be to learn because as much as forex trading is a business, it still has a lot of side stories to it. You just need to take things eays and be patient. If you rush to trade then you will lose just as the many other people who have doe the msae have lost. Forex trading requires determination and the willingness to learn. If you force it then what you will be doing is lying to yourself that you can make it when you are clearly not fit for forex. Understanding it is very important. What you learn you should be able apply and not just know. It requires critical thinking just like some other things.
Dora_WalletInvestor
Sergeant
- Messages
- 182
I agree. Many newcomers start forex with the money in mind, but the primary focus should always be learning and improving. Otherwise you are more likely to get greedy and trade your emotions and/or fall for scams.
EuroTrader
Sergeant Major
- Messages
- 1,051
As any business grows many scams and misleading activities are also there, people want to get benefit through unfair means. Beginners should remain away from these things . they should get guidance from any experienced friend or company so they do not go to wrong hands. If there start is well they will do work confidently with their handwork.
This so true, no short cuts in Forex
Charlieboy885
Recruit
- Messages
- 93
Totally agree with this. Lots of great resources online but also lots of people who are happy to scam you
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