Hello, amidst the lockdown I am free and ready to learn Forex. I’ve been doing some reading, but can’t understand how it works. Can someone volunteer to teach me how to trade Forex and make extra cash from home? Thanks
There are videos that you can use to learn Forex. I think you’ll find them on youtube. They are more practical than just reading books. Also, I have been trying to check for gigs for personal instructors. This is he cheapest I could find. I hope it will be helpful. Thank me later
https://www.fiverr.com/merry1988/teach-you-how-to-trade-forex-and-crypto-to-make-money
You can’t learn everything about forex, but you don’t need to in order to trade forex. In fact, you can’t learn to trade without trading. Get a demo account, add a simple strategy from Youtube, and get some experience.
Babypips is a great place to learn. Apart from that once you get familiar with concepts start trading on a demo account.
Start your education here. Dont pay for a course until you’ve tried yourself. Get involved with babypips threads and study hard. Best of luck.
Lol. No one is going to teach you how to make money from trading for $50. You get what you pay for. He writes ‘I’ll teach you the secrets of making money from forex’. Be careful.
Open a demo account and go through the School of Pipsology. It will help you to better understand the concepts.
even though its a very common suggestion for the traders who are particularly newcomers but in practical its really effective. dont skill anything when time to learn. go through all.
Anyone can teach you. but it is important to prove how well the teacher is experimenting with finance on his trading results
Thank you for the link. Although I don’t trust that one, but I appreciate your reply.
yes, pips school + a practice in demo account = the best combination for learning forex as a new trader.
Start with the school here. You don’t need a mentor if that’s what you’re looking for.
You have a whole forum of assistants, and all are different and all look at the market in a completely different way, so you first decide on the database (there is a lot of data), and when you decide on the strategies - we can talk about them in more detail…
I honestly do not think that anybody will help for nothing, because most of them are individual traders, and those who still do training usually do it for money, because the information can be just invaluable.
My question is, after lockdown, how dedicated will you be? I have done many one on one before but everyone just quits or wants me to flap thier wings for them. Truth is, getting the trading business going is harder than most think because they need to reprogram their subconscious and worse, there is a lot of bad or irrelevant (for a specific personality) info out there.
Actually the right mentor will shave off many years and many lost dollars. The problem is you have to fight the right one then when you find the right one, you have to convince them to mentor you.
I have a feeling it is still best to learn everything about Forex. Unless you don’t want to make a living out of it.
Learn “everything” is just not helpful advice.
It’s the old cliche you can gain good information from the right sources ,though especially with day trading it about how you relate.to markets and how to access a possibility of an edge ,been able to accept loses ect books or mentors ect cant teach you that
Agreed. Need to become a specialist not a generalist.