Electronics tech schematically learning Forex thru the Pips School

Hello all,
This is my first time ever to try my hand at trading. I have seen all kinds of trading charts knowing nothing of what any of it means except the up’s and down’s. Now I have been compelled to look at these charts with more understanding of what is there. I have just started going thru the pips school (still in pre-school). I like the way the pips school makes it easy to understand. I’m not ready to go “live” by any means. I am the kind of person that needs to know the whole picture before advancing forward. I have a lot of grades to complete but as I have been reading, being patient is a very good habit to have when starting to learn how to trade. I am at mid to upper career with electronics and wanted to maybe transistion to trading as a whole source of income (the dream here). I hope to use what I have learned all my life in troubleshooting electronics to apply that to trading Forex. Using the right tools to get the answers you want. Using schematics to know where the voltage starts and where it ends - like the Forex charts. My first footstep has been taken on the trading journey. :smiley:

Greetings Quarkdude and welcome to the forums! Glad to hear you found the School and found it easy to understand. To set proper expectations, one thing about trading is that you can never know “everything” and that decisions have to be made without the whole picture. That’s just how it goes and why risk management is the important skill to learn–limiting losses and maximizing gains is the name of the game. Good luck on your journey and looking forward to hear more from ya!

Hello Pipcrawler,
Thanks for the words of knowledge and experience. I will hone my superhero skills in forensics - I mean Risk Management. In the world of electronics - I always like to find the “Root Cause” of a problem so that solving it can be an accurate fix. However, sometimes the “Unknown” is one of the elements. So in troubleshooting it’s not what is always known that helps to solve the problem (or direction to go) but what is unknown that lets you eliminate those possibilities. This sounds similar to the Risk Management skills - not always knowing concrete evidence but enough info to go the right direction. Limit loses - Maximize Gains, this will be my foundation :). I have made it to the Kindergarten stage of training, lots to learn. Very excited to try out some Demo trading to see how I do.
Thanks Pipcrawler