Hi all My Names Zuhaib Ali I’m an intermediate trader and I’ve been trading Forex since September 2020 and I would like to share our knowledge together also I’m very excited to work with you guys.
Hello and welcome Zuhaib! We’re excited to hear your ideas and trading experiences. See you around and good luck!
Hi @Zuhaibali - At least you managed to survive the first few months of trading, many new traders wipe out in their first few weeks and then need to save money and start again.
So as you’re in an interesting position - still new but not wiped out - most of the posts from new members to BP are from people who have not ever yet placed a trade in the market. So maybe I could ask - What strategy you are using now? How have you found it necessary to modify this?
And what strategy did you start with? Why did you drop that strategy?
I would suggest you try to grasp knowledge from the books and our fellow traders but apply that knowledge in demo trade. Don’t ever experiment while you do a live trade because the risk is real. No two traders can be in the same situation.
Babypips gives traders a place to interact with each other and share ideas and experiences. I joined babypips as a beginner and I would ask all my doubts here to get help from experienced traders. It has always worked and I even got recommendations to use some really nice brokers that I would not have used otherwise.
t’s always great to get an insight into what other traders are strategizing and following to make their trades a success. And honestly, the way like-minded traders answer questions and share information, it’s always helped make a better trading decision.