Can you please share your experience as a forex trader and what advice can you give to a young forex trader
My advice is this - don’t start trading on a live account until you are absolutely secure in your knowledge. And even then you should be very careful.
My other advice - check the Education section here on Babypips, the information there is more extensive and systematized than a single person can provide in a comment.
If I could go back and start over I’d not worry about the money aspect instead master the skill and become obsessed with the struggle and adversity that comes with this journey.
Have anymore questions feel free to message me
-Jason aka DealingRanges
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As a new trader you should focus on developing skills. And it takes time to get skills. Just a few months demo is not enough. Don’t look for shortcuts. Learn from https://babypips.com/learn/forex
I’d agree and disagree with that. Yes babypips is a good resource to get started but it will not land you profitability long term. Trust me I’ve been there.
Be proactive and look for information.
Yea I have been there too. I just want to learn more about developing good strategy that’s why I am here.
And what did you find? None of those results were helpful for you?
Yes i think i already got the information needed from babypips education.What babypips teaches is just basics of forex. I just need a good strategy now, right now I am learning from no nonsense trader.
In my opinion, pipsology goes beyond just basics. Almost everything you need is in there. You just have to figure out which indicators/methods feel good to you.
I think you are looking for a way to find money fast by copying someone else’s winning strategy.
If you just want the money, and not the knowledge that comes with it, then perhaps give your money to a trustworthy broker and collect your money monthly.
I hope I’m not being rude. But pipsology has practically everything you could possibly need. Trade for a bit, then do pipsology again.
You will understand the information differently the second time.
The reality is there’s no short cut to success. Ignore social media marketing hype, most is fantasy.
advice that I can give is more practice and training, and still not be very upset with failures, but benefit from them