How to cope will trading forex in high school

Beginner Questions
1

I am day trader. How will I cope trading fx will I am in high school?

2

My advice to new traders is always don’t start by day-trading.

Start your trading development on daily charts. These are more reliable indications of price activity and the daily time frame allows you to set entry orders, stop-losses and take profits in advance. Then you can go off to school and do the other things you need to do.

School is critically important. A lot of what can be learned is valuable. The qualifications you get will get you through the door to many employers. But you are also learning how to learn, how to work alone, how to work with others, how to identify your own targets and how to use self-discipline to succeed.

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3

How are you a day trader if you don’t have time to day trade? Trade around the time you have available to you and you are less likely to burn out.

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4

I pretty much agree with what the others have said! :smiley: But I’m curious though, how long have you been trading? :open_mouth: I hope you’re not trading with all your savings? :open_mouth:

5

Thank alot

6

tommor thats bad advice. daytrading is the best place to start, hitting singles before dingers

7

You might just have a point there. You should say more about how a beginner trader can profitably day-trade, especially one who is in high school.

8

follow the path outlined by professional sports athletes. i guess

9

Your very controversial

10

so is kobe

11

If you’re like most high school students, you’re probably looking for ways to make some extra money. And forex trading can be a great way to do just that. But it’s important to remember that forex trading is a risky business, and there’s no guarantee of success. So, before you start trading, it’s important to learn as much as you can about the market and the risks involved.

There are a few things you can do to help increase your chances of success:

  1. Start with a small amount of money: Don’t risk more than you can afford to lose.

  2. Learn as much as you can about forex trading: The more you know, the better your chances of success.

  3. Practice and backtest your trading strategies on demo account

  4. Always calculate your risks and profits before entering the trade.