I am new to babybips

I have some basic understanding about the concept of forex trading. I’ve been trading forex occasionally but still not found a strategy that works for me. I’m here to see if I can develop a strategy for trading that could help me earn £500 monthly.

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Well if you have $100,000 capital, it could be possible if you get lucky for a couple of months. Otherwise it’s a fantasy, not a reality.

Your best bet is to take a FTMO prop challenge, when it would only cost you a few hundred dollars a time.

Start here… babypips.com/school.

About your monthly goal. It’s not impossible but it is difficult at first. You should try your strategies with demo accounts first for months or more than a year to gain the real confidence that you need.

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