I would watch videos first as I better learn that way when’s starting outI'm getting very confused. How do I start understanding the process. Actually, what is the procedure to start with Forex.
Once I read a short book on Forex and knows a very little about Broker. Please, help me to start.
Thanks in advance.
I see you opened this thread almost 2 years ago, unfortunately I don’t know your current status of trading! But I hope you are doing well in there! By the way, new traders need to start their trading by demo account practice! But that’s not good enough; to be a consistent player, you should learn the skill of Forex trading chart reading! Don’t use too much trading indicators, because most of them will confused you in your live trading!I'm getting very confused. How do I start understanding the process. Actually, what is the procedure to start with Forex.
Once I read a short book on Forex and knows a very little about Broker. Please, help me to start.
Thanks in advance.
depends of you goal. First, start only with demo and secondly use demo trading at least 1 yearIt is better to start learning forex from the school of pipsology on babypips, through educational videos and by demo trading.
Demo account becomes the free place to practice trading without any risk, although face big loss, it will nothing loss in feeling, because only use virtual money, sometimes demo account used by an experienced trader to backtest any trading tool or strategy.depends of you goal. First, start only with demo and secondly use demo trading at least 1 year
then detect what type of trading gave you more profit: investing, scalping etc
and then choose the right broker