Hi all. Newbie here!

I’m 40 and looking to get in to Forex trading.

I consider myself to be fairly good with numbers and a fairly quick learner (sometimes) so I’m looking to see if I can put that to good use. I have dipped my toe in to Crypto and I’m looking to have something more conventional/stable running alongside the volatility of crypto. Whilst my job will never make me a millionaire it pays the bills and provides me lots of spare time to learn and implement something else on the side.

I’m new to reading charts so I’m here to learn as much as possible.


You can complete School of Pipsology. Here you will get beginners to Advanced level knowledge about trading. Here is the link Learn Forex Trading at School of Pipsology - BabyPips.com Best of luck in learning.

Hello and Welcome to the Babypips forum @Evo1980!

As a beginner learning Forex you’re in the right place. Check out Education section here at babypips. (It’s completely FREE). Learn How to Trade the Markets There you’ll find School of Pipsology, Trading Quizzes and Forex Glossary. Everything you need as a newbie starting this field.

If you’re looking for good books to read check out this post by pipcrawler Pipcrawler’s Favorite Trading Books updated. Lot of book recommendations there find what you can and read them too.

If you’re looking for YouTube channels. TastyTrade, Adam Khoo, Candice B, Trading Rush, Investopedia has been recurring recommendations from many traders. Watch as much as you can and gather knowledge from them.

Investopedia and Forexfactory are another two great sites to learn the basics other than babypips.

One of the most important tools for a trader is Trading Journal. Check out the trading journal section in the forum to learn how traders keep track. Trade Journals - BabyPips.com Forex Trading Forum

Addition to these FX related channels invest your time to learn about Trading psychology, Risk Management and Decision making . Find any article or video you can and refer them.

Other than that, there are many interesting sections in the forum. It’s not time wasting to spend time there reading and learning. Check out every section you can and learn something from everywhere.

These are just a few tips to begin. There are many sources out there GOOGLE is the GOD if you have any question you just have to type it and He’ll give you not one by multiple answers.

Try all this and open a Demo account and trade at least for 6 months . Most people get confident around one month and start investing real money but most of them fail. One month of demo trading is absolutely not enough to understand anything. So trade demo at least 6 months to get a proper understanding of the chart pattern behaviors.

Having said all this, I also must tell forex is a risky business. It’s a High Risk, High reward situation. Many fail. From their own fault. Not spending enough time to educate themselves. Not understanding the basics. But with all the resources available you only need patience to educate yourself. Then you can go for the prize!

Good Luck


Hey newbie, I am glad that you chose this amazing platform to learn and improve. Forex trading might seem to be easy if you are not doing it in reality. But when you start doing it so and you become familiar with the ins and outs of the market, you become great at everything you do.