Hi all,
I am completely new to Forex Trading. Heard about it from a friend. I decided to do some reading online about it. The first video I watched outlined how lucrative it can be but also warned of the potential risks and advised that newbies spent enough time to acquire the necessary/requisite basic knowledge about it before starting.
Since then (over six months now) I have watching videos and reading confusing esoterics.
I think babypips puts the stuff in simple and easy language.
So year I am here to try my luck and see how the journey goes for me cos I really want to be free, FINANCIALLY!
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So are you practising on a demo account? If so, aim to develop a profitable strategy and process which you can utilise for every trade. And follow it.
That’s your first step to success. Best of luck.
Welcome to the community, @yawphorex. I also started that way and felt like I was going around in circles. The babypips school has put structure in learning forex. Good luck on your fx trading journey. Hope to hear about your progress.