Newbie with goals!

Hello everyone!

Obviously I am very new here, but I have been dipping my toes in with Forex for a couple of weeks now. Admittedly, I don’t understand much since there is a lot of jargon, but I am hoping to not only understand but make good money… no GREAT money with Forex. Once I am comfortable, I would love to make $1,000 a week with Forex in the not so far future.

Thanks for reading!
Grim :46:

Hello Grim,

Making a $1000 a week is a very high goal and one that is not so easily attainable. The statics show that the average Retail Forex Trader loses 95% of the time, so you’re looking to be in the Top 5% and then some. Congrats. If you don’t know where you’re going you won’t ever get there. I will say this and I’ve been trading and teaching Forex trading for 20+ years, make sure you build a solid foundation. Bad habit are hard to break once you’re used to them. If you can become an expert in one trading strategy or catalyst, you’re going to go very far. Don’t try to predict the market parse, be one who reacts to it in a systematic way.

Have a magnificent day on PURPOSE!