Futures traders learning forex

Hey everyone, I’m glad to be here at babypips! I checked out this site a few years ago, but as I am not a forex trader I never signed up. Anyhow, I am an experienced futures and equities trader who is looking to learn all about forex so that I can expand my knowledge and possibly start trading forex.

~vmodus

Hello @vmodus welcome !

How could we help you?

Hello vmodus! If you haven’t already, I suggest that you “enroll” in the BabyPips school of Pipsology (link below). That will provide you with some basics on the forex market. You may also want to open up a demo account to practice on as you go through the lessons.

Following that, we’re a pretty friendly community and we’re ready to help you along in your journey. Just ask any questions that you may have.

https://www.babypips.com/learn/forex

Hi Vmodus

If you are a successful futures trader why bother with the Forex Market??

After all you can trade most currencies on the futures market.

Cheers

Blackduck

Thanks, that is my plan. I do not even know if I want to trade forex yet, but I will go through Pipsology course as time permits.

I am a frequent contributor at futures io, so I expected a similar community over here.

~vmodus

Hello Blackduck,

Good question. I am mainly looking for knowledge in a new domain of trading. I am an algorithmic trader, for the most part, and I always like to see if concepts and algos I have developed for futures apply to forex (and equities, too). For example, my trading partner and wife (same person :grin:) developed a couple algos that work on forex, but not on futures, even currency futures.

~vmodus

Yep, done. I took the ’ Which Trading Style Is Best For You?’ quiz…surprisingly found out that I’m a scalper, where I would describe myself as somewhere between a day trader and short term swing trader. The quiz is probably more accurate than my own assessment. I sleep best at night when I have no open positions. :sleeping:

~vmodus

Thanks for the welcome. I’m good for now. I’m a self-driven learner, so I just want to learn what I can. One of my mantras is: “I know nothing”.

~vmodus

Me too!!

Cheers

Blackduck