Hey everyone, my name is Tamlyn, I’m 23 and I’m from South Africa. So why I decided to start learning on how to trade is because I feel that in today’s day and age it’s so hard to find a job and while I find a job I could take this time to learn on trading to make money to get my life started properly. I wanna start my own spa as well
And that’s mainly the reason why I wanna start trading
Thank you and be blessed
welcome , its a most friendly forum we have , i hope you will enjoy the environment with new level of learning trading.
hi and welcome ,
Try to change your mindset into HOW NOT TO LOSE MONEY on FX trading. It’s simple, but not easy, and even if you gain specialist skills, there’s no guarantee you’ll make money, ever. Unless you gamble and get lucky.
that’s the reality.
this is the most popular forum we have in online , so i hope you will have a very good journey . happy trading and good luck
Hi Tamlyn! Welcome to the forum. Great plans you got there. Good luck!
Hello & Welcome to the forum @Tamdb!!
I’m afraid I’m gonna have to agree with our friend Steve. Because the reality of trading is first you must invest money. To have that money you need a job (unless you already have some already) and most importantly first you must learn how NOT TO LOSE MONEY…
To trade you need money. It’s an investment. Most people do a job, save little by litle while learning and trading demo and when they have a considerable amount (around 1000$) and when they are really confident after playing demo for around 6 months MINIMUM. That’s when they invest.
So simply, to trade you need money, to earn money you need a job. And when talking about a job, In these days you don’t need to wait conventional ways to get a 9-5 Job in real world. What you need is SKILLS, There are many online platforms where you can develop them, Including Youtube, Udemy and many other online platforms where you can develop demanding skills for FREE, Try that, then apply for a job, again it doesn’t have to be real world. if you have a demanding skill you can freelance online and earn a LOT.
And then when you save enough you can start trading. Until then invest your time to learn.
Babypips is a great place to learn if you are ready to invest your time. Check out this post I normally post in introduction posts,
Good Luck!
Thank you for this @steve369 I’m a beginner so I honestly know nothing about FX trading at all and I’m willing to learn to understand exactly what needs to be done to be successful in this industry if i may call it that
I completely understand and again Thank you so much for this @Nick1864 I mean it would only make sense that one has to invest in order to get back
And I’ll definitely take this as guidance or tips if you will
Here’s a great link. That’s all you need to become successful -and it’s also free just like this site, which
should be your education foundation.
Here is another extract from the site:
The norm is for traders hoping their losing trade is going to reverse back into their favour as is the norm emotional reaction, and they feel pain when the the market proves them wrong.
The mindset you must have when trading FX is to accept every trade you make is going to LOSE and let the market prove you wrong. This is a complete psychological reversal to the normal behaviour, and is critical to being successful. All top 1% of traders have this mentality.
Hope that helps. Best of luck.
this is the foremost place for beginners level if anyone can bring good knowledge and experience , just beginners have to make sure the focus level with practice mentality.
Glad that you are here! I am sure that you would have already researched a lot about the market and know that you will have to work really hard to get all that you want.