Cristina Josan Elena

Hello everyone. I am Cristina .I am a new FOREX trader, completely new to this, and am looking forward to learning a new skill. I came across this community through a friend’s referral
and was impressed at first look how professional and well presented the site was. I hope to learn, and hopefully contribute to the community, as well as learn a new income stream. Any help will be appreciate


Welcome to the community, Cristina. Yes you can learn a lot about forex here and I hope you will enjoy your stay here.

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FX trading is not an income stream, because you could lose money. And newbies don’t realise that fact and it’s why over 80% blow their accounts.

Forget social media marketing hype, it’s fantasy land. That’s the reality.

Hello and Welcome to the Babypips forum @Cristina1983!

As a beginner learning Forex you’re in the right place. Check out Education section here at babypips. (It’s completely FREE). Learn How to Trade the Markets There you’ll find School of Pipsology, Trading Quizzes and Forex Glossary. Everything you need as a newbie starting this field.

If you’re looking for good books to read check out this post by pipcrawler Pipcrawler’s Favorite Trading Books updated . Lot of book recommendations there find what you can and read them too.

If you’re looking for YouTube channels. TastyTrade, Adam Khoo, Candice B, Trading Rush, Investopedia has been recurring recommendations from many traders. Watch as much as you can and gather knowledge from them.

Investopedia and Forexfactory are another two great sites to learn the basics other than babypips.

One of the most important tools for a trader is Trading Journal. Check out the trading journal section in the forum to learn how traders keep track. Trade Journals - Forex Trading Forum

Addition to these FX related channels invest your time to learn about Trading psychology, Risk Management and Decision making . Find any article or video you can and refer them.

Other than that, there are many interesting sections in the forum. It’s not time wasting to spend time there reading and learning. Check out every section you can and learn something from everywhere.

These are just a few tips to begin. There are many sources out there GOOGLE is the GOD if you have any question you just have to type it and He’ll give you not one by multiple answers.

Try all this and open a Demo account and trade at least for 6 months . Most people get confident around one month and start investing real money but most of them fail. One month of demo trading is absolutely not enough to understand anything. So trade demo at least 6 months to get a proper understanding of the chart pattern behaviors.

Having said all this, I also must tell forex is a risky business. It’s a High Risk, High reward situation. Many fail. From their own fault. Not spending enough time to educate themselves. Not understanding the basics. But with all the resources available you only need patience to educate yourself. Then you can go for the prize!

Good Luck



Hellooooo Cristina! :blush: Haha. Another lady trader! I’m so excited. :blush: It’s great that you also have real life friends who trade so they can easily help you out when you have any questions. But of course, you can always ask here too! :blush: I’ll also try to help you out with questions if I know anything about them. :sweat_smile: Good luuuuuck! :smiley:

Hello and welcome Christina. Good luck and all the best for your future.