Hey guys.am new in this site.i want to learn how to trade.need some advice’s.
Hi, Kamo that makes the two of us. Let’s study start by equipping ourselves with the the know how of forex trading. I am still at kindergarten and I find it very interesting and informative. How far did you study? I am George from south coast, south Africa.
Well your in the right place, if you dont mind me asking how basic do you need to know, do you know how to place an order or not? Hey i was there b4 its not hard to learn how to make executions but learning to trade is a different story. Welcome aboard to this mad man world. You truly have to be looney to be a trader lol…j/p but seriously it can make you feel crazy sometimes. One word of advice, you are gonna be bombarded with a lot i mean alot of info, strategies methods u name it. Ive been trading for 10+ years and it seems like its only recently ive started to be consistently profitable and sad to say i had to blow up more times than i can remember but i never gave up, i spent 10s of thousands of dollars on educational programs etc. So to my word of advice, find a strategy and stick with it and dont try anymore. Learn the strategy and demo it until it becomes 2nd nature to you. Heres the problem, you need to find a strategy that is proven, and there are many but the key is KISS (keep it simple student) dont go for these elaborate systems where your chart is crowded all over, seek and u shall find it took me many years but ask around and maybe you will find what works for you, if u need any help i can point u into a direction but what u do from there on is up to u. Take care and GLTU. I wish u lots of success and profit.
Hey George the same thing i wrote for Kamo applies to you too, take it slow bro.
Hi Kamogelo, and welcome 
The school here is very good and worth going through very thoroughly. If you decide you want to use technicals in your trading then I would suggest you start a DEMO account with a broker alongside your studies to practice setting up various indicators and familiarising yourself with how they move in various timeframes and how they are affected when you change their properties from the defaults, etc.
It may also be better to concentrate on studying only one major currency pair to begin with (without going live, that is!) while getting a feel for what forex is about - others may feel differently about that.
There is a lot of good advice and info on this site so dig around. Good luck along your trading journey…
Hi,
I would suggest reading the technical templates threads here at babypips - some of the best material around.
Hello,
First of all welcome to the world of Forex!
If you want to learn trading that you need to be dedicated and have knowledge about the happenings in the global world. There are various instruments like currencies, indices, ETFs and CFDs. To begin with, you should know how to analyze the behavior of the market. To understand the price action, we have two main branches-
- Fundamental Analysis- this analysis concerns the economic circumstances of a country that you should know how to interpret.
- Technical Analysis- it includes the charts where you can combine the indicators to get a better picture of the markets.
And moreover, there are many online courses for basic understanding that would definitely help you. Along with this you can better understand the market by opening a demo account with any trusted broker to know the exact working of the markets.
Happy Trading!