Hello to Everyone at Babypips

Hi There,

I am new to forex and babypips. Like most newbies, I am here to learn so let me first say thank you to everyone who uses their time and knowledge to help us newbies.

I got into forex in January but it has been something I have wanted to do for years. I am not looking to get rich quick but doing it as enjoyment, self satisfaction and of course for profit.

Like many before me no doubt, I lost £150 during February by practicing and learning the market. Not a wise way to start but helped me to decide a goal plan and it taught me to respect the forex. Also, the loss of my funds hurt, and that has made me more careful.

For the last 3 weeks I have been using a demo account using signals. I have done quite well using this method. Again, it helped me to gain a plan.

On Friday I started using my live account and currently up by 48 euros. I am not daft and know that with the good come bad times but I am dealing small and not taking large risks. The reason for using this method is that even though relying on signals, I am learning in regards to patterns as well as having a daily experience of trading.

My intention is to continue along this bath while I improve my knowledge using the babypips training lessons. While doing that, slowly increase my profits and build up my investment. I am aiming to increase my £300 euro investment to 1000 euros. Hopefully from there I can increase my profit quicker.

All the above said, I want to enjoy this whole experience and journey.

I work full time and able to keep an eye on my trades through the day. I am 58 years old and look forward to getting to know you all.

Thanks

Charllie

In the right place to learn and chat as some great guys here to help
Kind Regards
Langers

Welcome Charlie. Sounds like you’re off to a good start and you have the right approach.

Good luck!

Yeah in a twisted kind of way you might…!!

Welcoooome Charlie! :blush: I’m glad you learned from your loss instead of letting it discourage you. :blush: What strategy have you been using? :smiley: Good luck with your trading journey! :slight_smile:

Wishing you all the luck, happy trading

Welcome to the community! Thank you for sharing to us your trading journey. Hope all goes well! See you around!