Beginner's problem

Community Introduce Yourself
1

I’m trying to start live trading now, i need more knowledge please, the reliable broker to choose and I need someone who will to show me without billing.

2

Dont start live trading.
Open a demo.
Do the babypips course first.

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3

Okay which broker is highly recommended to perform the demo, base on experience. Thanks in advance.

4

Do the babypips course first.
Demo is free. So open wherever you want. Open as many as you want. Dont even need to put in real details.

5

True, DO NOT go for live trading directly. Use a demo account and carry on using it till you get consistent success and only then move to a live account.

6

Plenty of good advise here but no free rides or short cuts in trading

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7

Yikes. Two sentences that probably shouldn’t go together :fearful:

I agree with what everyone here has said, demo trade first! :slight_smile:

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8

Well said, that’s a recipe for disaster.

9

How is it going @investor_Wemimo? I hope you did not open a live account yet! Please be careful about being eager to get started. There are no simple ways to make easy money in forex.

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10

I’m a beginner and the problem i face is taking risk, currently i’m not sure if i should directly go live after just a month on Demo ?

Or should i just go live and learn about it in a more realistic way ?

11

Lots of people have gone this route. I think it gives you a better taste of it because it’s real money! Just make sure it’s money you can afford to lose. :smiley:

12

Firstly, almost everyone would advise you against it. Secondly, if you must, you can start trading on micro and cent accounts that give you the real trading experience without risking too much capital. But I would strongly suggest that you practice on demo first.

13

For starting Forex trading, you must learn how to do it and for that you have many options such as doing a course in that, read Forex trading books and the most reliable option is to open a demo account with a broker and practice trading on that as a demo account is the exact replica of a live account which will give you more confidence to do trading further.

14

Thanks baemax023,I think I need more light around me on it