Hell Baby Pips Community

Hi all,

Nice to meet you all. My name is Carl and I just wanted to take the chance to introduce myself and tell you a little bit more about why I’m here.

I’m a US based SharePoint/Office 365 Developer by trade. I am currently the Lead SharePoint Developer for a very large government contractor, the largest military ship builder in the country, and also a Senior Dynamics developer working as an independent contractor for the FRA.

My experience is next to nothing. I had a gym buddy introduce me to trading roughly two years ago and my interest has remained ever since, though I have not yet entered many meaningful trades.

My interest in Forex is two-fold as it provides a much lower barrier of entry to traditional stock trading (which means I won’t be risking too much while just starting out) and I am fascinated by the numbers and charts, particularly the risk management aspect.

All that is to say that my interest has been ramping up as of late, and I’ve spent the last few months learning the basics when I have time. It wasn’t until recently that I came across r/daytrading, which led to r/forex, which inevitably led me here and why i am choosing to start my journey in earnest with Baby Pips. My long-term goal is to take a ground-up approach to trading by cultivating a comprehensive knowledge of the markets and day-trading with a focus on forex and the eventual goal of trading for a living.

Thank you to the creators of the wonderful resource, nice to meet you all again and I look forward to learning and growing within the community.

Cheers,
Carl

Hi Carl,

I’m based in Sri Lanka but studied, worked and lived most of my life in the United Arab Emirates. I consider myself a newbie as well.

If you haven’t noticed yet there’s an a Babypips online course that’s an excellent introduction. It covers the basic know how, in an easy to digest format, for general trading (not just forex related). If you’re new you’ll find a lot of conflicting information, which is why a course like this a good to establish a firm baseline.

Trading is pretty much a sandbox. There’s no one way or holy grail to go about it. As noted, since the barriers to entry are extremely low so is the risk of failure high. And that’s true even if you’re the most well versed trader out there because of the relatively unique psychology required for trading.

You’ll come across a number of methods, strategies and competing ideas in the process of finding what works for you. While searching it’ll probably help to ask question and engage in as much discussion as you can to speed up the learning process.

kind regards, Dims

Hi Carl. Wish you all the best for the future.