Hello, my name is José Ferreira, I’m from Portugal, and I’m here to learn the right way to trade forex.
I thank this forum for all the content here, it is very useful content for a beginner like me, thank you.
Any tips for me as a beginner in this world ,would be well received
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Hi Jose, welcome to the community.
The right wat to trade forex would be, at first, to decide what kind of trader you wanr to be. Like do you want to be a long-term stock trader or a short-term and at what you should concentrate when it comes to investing?
For example, one of the most valuable principles from Warren Buttet, which he has been using through his career, is that you have to invest within your circle of competence.
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Hey Jose! We welcome you here. Hope you enjoy and learn.
Study forex trading fundamentals here and side by side practice on a demo account.
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welcome Mate in this community , its a good one for better education , just keep continue and acquire good knowledge and experience.
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Good to see you , keep focus and happy learning.
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Hey there, Jose! Welcome!
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Welcome to the forum. It is good to know that you are already preparing. A tip for you is that it is always good idea to start slow and steady. And of-course, trading with a demo account would be helpful before starting with a real account.
Hope you enjoy your stay.
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That’s good advice.
How have you been using fundamental analysis in your trading, do you watch Bloomberg everyday before trading ?
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i`m not her, but i think investing.com is a better site to watch the news that Bloomberg.
Fair enough, I can get overwhelmed by all the reading sometimes …From working in medium sized hedge-funds they monitor several news sources.
Have you been watching any free YouTube videos on trading alongside watching investing.com ?
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No, i just watch all the news that are coming for the day and watch what currencies and countries will they affect, and if they are big news i just don´t trade that day.
I do that because im a newbie and dont know how to gain advantage with the fundamentals/news , but i will get there.
Until then i just avoid the big news.
Yes, Mix of technicals and fundamentals are ideal.
I dont use bloomberg, but I use DailyFX, Investing.com and OspreyFX news page.
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Welcome to the community, Joseph! Enjoy your stay here and good luck on your trading journey!
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Welcome to bp Jose. Good luck on your trading journey. 