This is my first day on my journey in trading. I know absolutely nothing about trading. Before today didn’t even know what the word forex means. Im like a little baby that opens up his eyes for the first time.
A friend and a family member both suggested to me to give trading a try. So now im here and im excited to learn as much as i can.
Im 26 years old and still don’t know what i want to do in life. Of course i dream of beeing profitable and as Quick as humanly possible, but i also know that it will take a long time before this will happen.
But i have faith in myself that i can become a well performing trader with the right amount of effort.
Let’s let the journey talk for itself. Anyway im excited and hope to find positive people here in this community.
I guess you have already found the education tab at the top of the site? The school there will provide you with a systematic journey through the basics of the forex markets and trading issues. It is a good place for you to start.
At some stage you can open a demo trading account with a broker and practice the things you have been learning along the way.
There are also many good books that you can buy or find of internet. There are numerous threads on this site where you will find some ideas of what to read.
But, without wanting to dampen your enthusiasm, it is worth noting that the large majority of new traders do actually lose money. This does not mean that it is impossible, it just means you have to accept that there is a lot of hard work ahead and that you have to focus on learning a profession and not get sidetracked by a gambling mentality.
There is a mixed bag of advice and comment on these forums but there are other pages here that are also worth getting into. So explore the whole site, not just these forums.
We all started from zero. But make sure that you don’t try to take any shortcuts because they won’t take you anywhere. Forex trading is a long journey and you will have to take the long way to make it worth your money and time.