hi everyone… Am fresh meat in the forex jungle. Although i have been investing in stocks for over 7 years… Already am getting stung by my broker but i wish to introduce myself here and not complain yet… Greetings everyone!
Greetings Ruth and welcome to the BabyPips.com forums! Forex trading is a little bit of a different animal than stocks, so talk your time with getting familiar with its own peculiar behaviors before risking your capital. Be sure to check out the School of Pipsology to get acquainted with currencies–there’s a lot in there to learn. Take care and good luck!
hey ruth! glad your here, your skills will transfer over to forex well, Ive been trading stocks since I was 12 years old and only recently in the past few years started trading forex but the same basic ideas especially when it comes to price and candlesticks apply. really all you need to learn is how to actually make the trade and us the take profits and stop losses and you will be making profit in no time!! good luck
Hello Ruth,
Welcome!. Were you leveraged trading stocks? FX is not much different other than it is less volatile, but prone to have greater leverage compared to stocks. This is probably the most crucial thing to consider when making the move to FX.
Hi and welcome:)