How to start trading?

Status
Not open for further replies.

navyseal

Private
Messages
291
Demo and Live could be same but in Live, your might don't have your expected price because of votality. But big brokers could minimize slippage.
 

TrapLok

Recruit
Messages
127
The first step you can do in your trading life is to think thoroughly whether you want to enter the world of forex or not. Forex market is an unforgiving place for the weak. You need to have a set of skills to survive and conquer the market. It is not fun and games. You need to enter with a serious approach.
 

EURUSD

Sergeant Major
Messages
1,133
Demo and life account is a different emotion, if we trade on demo account will free from emotion pressure, its because we only use virtual money, which this means not real money, or fake money, hence although losing trades it will no effect to emotion, different with trading in real account, emotion pressure will disturb trading setup, fear losing money, anxiety but sometimes overconfident
 

erik59

Private, 1st Class
Messages
51
Hello guys

I have done this video about the first steps to learn how to trade forex, it was one of my first ones but hopefully you will enjoy the contents.


Cheers

Happy trading
 

TrapLok

Recruit
Messages
127
The first step you can do in your trading life is to think thoroughly whether you want to enter the world of forex or not. Forex market is an unforgiving place for the weak. You need to have a set of skills to survive and conquer the market. It is not fun and games. You need to enter with a serious approach.
The first step you need to take in forex trading is that you need to learn the basics and fundamentals of forex trading. It will take a lot of time but for your survival, you need to do it. Another step you need to do is spend a lot of time in demo account trading. Then, start investing real money.
 

Nickluder

Recruit
Messages
7
The first step in forex trading is to learn the basics and fundamentals of the trade. Gathering as much knowledge is crucial for your survival. Another major step is to start demo account trading. Spend as much time there to see what are your skills and weaknesses in forex trading.
 

EURUSD

Sergeant Major
Messages
1,133
Learn basic is really for first step to jump in this business, so many sources to getting information regarding basic education forex, like as from forexpeacearmy also as good site to learn forex, which we will get so many information all about ins and outs of forex business, gather together on forum community board also can increasing our insight because we can learn also from fellow trader experience, second step is practice with demo account
 

dianajs

Private, 1st Class
Messages
778
I think it is also a good idea to outline a learning plan for yourself once you do learn the basics and gain enough understanding of the different types of analysis. Focus on the topics you wish to learn more about and make a list.
 

TrapLok

Recruit
Messages
127
You should start with the demo account and do some work on that account. You should also have to get some knowledge and experience about the forex market. You can get experience from reading articles, by doing some research, by reading the news and also from the professional traders.
 
Status
Not open for further replies.
Top