How to get started

Beginner Questions
8

Hey Only1Phame, good move joining the forums. Most people jump into forex with zero plan—at least you’re asking first.

Here’s a no-BS roadmap from someone who’s been in the trenches:

  1. Don’t rush into live trading.
    Demo for at least 1–2 months. Learn to lose fake money before you lose real money.

  2. Focus on one pair.
    EUR/USD or GBP/USD is enough to learn price movement, volatility, and how your brain reacts to it.

  3. Forget signals and Telegram groups.
    Most are noise, hype, or worse. Learn to think for yourself—it’s a skill worth more than any VIP room.

  4. Protect your capital.
    Risk max 1% per trade. If you lose 50% of your account, you need a 100% gain just to break even. Math matters.

  5. Choose a legit broker.
    A lot of brokers out there are either offshore or just slick marketing. I usually check them at fairforexreviews. They break it down clearly—who’s regulated, what spreads to expect, how fast they pay out, etc.

Know that there’s a lot to take in at first, but don’t overcomplicate it. Stay consistent, track everything, and be okay with slow progress. It’s how most real traders make it through.

Catch you around the forums.

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