Hello all, I’m here trying to learn whats forex is all about. I been learning and trading stocks and options for the last few months and wanted to dip into the forex. I hope to learn and grow my knowledge to hopefully become a successful trader.
In which case, practice on a demo account first to become familiar with the platform and process. It is normal for new entrants to make mistakes, mostly from overtrading, revenge trading or gambllng.
IMO, following price action, support and resistance zones, candle patterns etc. are invaluable in this current Covid climate where market sentiment and trends are unpredictable. Look for favourable probability trades, and keep risk exposure low until you’re confident that your edge works.
best of luck.