My Forex Intoduction

Hey, My name is Ronaldo. I’m from the Caribbean and i am 18 years old. I began my forex journey in July 2020 with a MLM (multi level marketing) company. In the beginning it was so exciting to learn an online skill and be able to make income online but then most of my time was going into recruiting and not much learning so i left.
I began watching youtube videos and self educating myself and I wanted more knowledge then i stumbled upon the babypips website after hearing it in a video.
I hope to gain more knowledge and be able to gain a consistent income online within a year because this 9-5 life aint it. Forex trading full time is my main goal to achieve finacial freedom.

Okay, first off, I want to say welcome.

Second, I am EXTREMELY jealous that you live in the Caribbean. I live in the US desert southwest. Each to his own.

I trade full time, and I must tell you, it is very challenging. I’ve been trading a long time and I still mess up. The biggest secret I can tell you is to do the opposite of what most other traders are doing.

Forex has advantages that other markets don’t. For example, you can trade 24 hours. Also, because of leverage, you can trade very small position sizes. In other words, you don’t have to have a lot of money to start.

The bad part of FOREX is since it is mostly a ranging market you will have to become a really good scalper to trade every day. That is counter to what everyone else will advise you to do. But to make a living, you will have to know how to swing and scalp.

Also, forget fundamentals-- useless. Learn to read the charts.

All the best to you and my door is always open. :slightly_smiling_face:

You are doing it all right. After you are done with learning, you can create your demo account with a broker to practice.

wow Ronaldo keep it up, am new here am Anyaeji Moses from Africa to be more precise Nigeria

why will you be extremely jealous well me am very new to this Forex i hope to start my learning soon