Hi, i am Igoni. I love trading forex because of the possibilities of making money i saw. But i dont know how to do it right. I have being practising for sometime now but am not getting a reasonable result. Please i need to be thought. Thank you.
Try this strategy by @KenobiSon.
Or this discretionary method.
Make sure to practice on a demo account before you try any of these in a live funded account.
It’s a bit hard to answer this in one reply Since there are so many things that could go wrong in trading. But when I look back at when I started trading for about 13 years ago, my main issue was trading psychology and risk management. To not start guessing your issues I have an article for you about what I think the best way to start learning Forex, it may help you since you may be missed an important aspect on the way. You will also notice that the article will send you back to babypips to start here anyway, but I explain more in-depth what steps to be taken and in what order.
First of all, go through the Babypips School right here on Babypips and learn its lessons well.
Second, forex in general is not easy. Earning a profit is not easy, no matter how much you know and how much experience you have. It’s good to keep that in mind if you want to trade.
appreciate , as a best part of basic knowledge we the beginners go through the baby pips school including demo account.
Well, than you really need to take all like that into account anyway for whatever reason it may get for example and that’s really it. You probably lack of knowledge or experience for now and that’s it. I do hope it will fix itself for whatever reasons it may be. Thanks!
try to be experienced from baby pips school , and besides this you can take micro account which is very supportive to acquire live knowledge and experience…
why Micro account ? this approach can make beginner greedy and emotional. always prefer demo as a basic course.
The beginner's guide to FX trading