How to trade forex

Hi y’all lm new to forex and babypips can’t wait to start trading.

2 Likes

You can start a course on How to trade forex on Babypips itself. Spend atleast 3-6 month on demo trading before you go live and please start small.

3 Likes

Appreciated

Thanks . Good luck for your trading journey.

Hit up the Education section at the top of the website. That will get you started.

For a Newbie it’s good to learn about forex first and develop skill sets. After that, make a demo account and place virtual trades so that you will get a brief idea of what the real market is. You can take help of different educational resources and spend at least 6 month on demo trading before you start on live trading.

1 Like

for the newcomers its really amazing to stay with baby pips school, because it brings all basic knowledge and experience. so we the traders always have to make sure this place.

Good to see that you are all excited to begin your journey in forex.
Just make sure that you do well on learning part, gain max knowledge and then stake money here.

There are a variety of different ways that you can trade forex, but they all work the same way: by simultaneously buying one currency while selling another. Traditionally, a lot of forex transactions have been made via a forex broker, but with the rise of online trading you can take advantage of forex price movements using derivatives like CFD trading.

Hi, your enthusiasm is great for forex. Keep learning all about forex here, good luck.

If you are a new trader, start to learn about forex first, start courses on babypips and develop strategy. Practice trading on a demo account to check the real trading conditions of the market. You may take help from different online educational sources.

i found baby pips to be a get tool to learn even the basics and get a good grounding once you understand the terminology and reading charts better this helps in the future development.

In order to become a capable forex trader, you will have to learn and practice a lot. If you are not apt with your learning, you won’t be able to take advantage of the market. Find a good book to learn forex basics and then go demo trading to put your knowledge to the test.