New and getting started

Hello guys, I am from Bolivia I am 32 years old and I would like to learn about Forex to support my family, I currently have 3 children and my salary is 6k per year (yes 6k per year). My children are the main reason for striving to generate new income. I will be very grateful for the help.

Hi and welcome then. Just remember one thing - do not risk what you can`t afford to lose.

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Hi and welcome :slight_smile:

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Welcome, but to be honestly brutal, FX trading is speculative, and the odds are that you would either lose your capital or never make enough money to support your intended lifestyle.

Money makes money, and unless you gamble and get lucky, with your financial situation, FX is not for you. However you could educate yourself on this site, open a demo account and practice for six months until you can becone consistently profitable.

Although this is not a recommendation, you could save enough money to take a FTMO or other broker firm challenge.in the future, when you better understand how FX market works…

best of luck.

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Let this motivation be an asset and start your journey by clicking the green education button. Play safe and not give up till you’re confident to trade.