I need a guide on how to become a professional forex trader

Beginner Questions
1

I need a close guide on how to become a professional trader.

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first of all you have to ensure your trading identity, your are completely newcomers or not. if newcomer , have finished any basic level of trading ? if regular trader , how many time you have passed in trading , whats your trading condition right now ?

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if you are a beginner in this stock market , just focus on learning process in pre school level and trade in a practice account demo or micro. good luck

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4

Yes, I have a little knowledge on what forex is all about but I have not been doing well on it with the information at hand. I need a guide on when to trade, what to trade as a beginner and how to secure some pips.

5

Thanks, I really appreciate.

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sounds really good when a newcomer willing to be a professional trader in Forex , its a great desire , good luck mate , just keep going with focus and contentment. happy trading.

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do you have any Forex Mentor ? honestly speaking , a Guide is really important to become knowledgeable in here as a newcomer.

8

i dont support any Mentor ,
because lots of mentors there is and
most of them are found to be scams.

9

secure more pips as a new Forex trader is much difficult but of course possible, you should go through pips school minimum 2 times including practicing demo.

10

Welcome

Complete the course: school of pipsology in the education part.

Read the following thread:

Enjoy the journey :+1:

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11

Trading isn’t a ‘get rick quick scheme’. So if you really want to earn income from trading, you’ll need to dedicate yourself and be discipline on it. Let me know if you have any questions

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best advice I can give is to treat trading like a business and not a hobby

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13

I am looking to do the same. have you done the babypips course a few times?

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@PipMechanic , I haven’t finished the whole lesson that’s because I had a mentor, but I’d recommend you to finish the whole course if you haven’t got any mentor

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Start by building your trading strategy using the framework below in selecting your indicators

  1. Support and Resistance - Pivot Points
  2. Average – MA
  3. Range – ATR
  4. Volume – OBV, A/D
  5. Bound – RSI, STOCHASTIC%K, WILLIAM%R
  6. Unbound – CCI, MO, MACD, ADX

After building the trading strategy, backtest it, forward test for at least a year before going live.

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according to me, any kind of trading strategy can be useless , if there is no good money management. so build powerful MM first of all.

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its more appropriate to finish the school minimum for 2 times , and besides this trading in a practice account is really important.

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Do it if you believe so. Learning to trade is a journey, you’ll find what’s working what’s not working

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I’m new to forex I need a guide on how to be a professional forex trader

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Actually, I don’t want to take Forex as a lonely profession just because the return from the market is quite uncertain.