Yup, I 'm just starting out. I’ve been reading up on trading and some time ago I tried out a demo account. I was so overwhelmed I quit. Then did it again, and it got a little better. Now I’m going through the pips classes. Some things are starting to make more sense.
Any advice, other than start slow?
Hello and welcome to our forex community! It’s great that you’re working on learning the ropes and I do recommend that you focus first on the process before the profits. Make sure you track your trade decisions and progress in a trade journal so that you can identify your strengths and weaknesses. And of course, practice, practice, practice!
Thank you. My plan (ha ha, plan) is to do the pips-school on this web site. It looks very informative. And soon, to start demo trading. I have been instructed to try more than one demo site, as well. And to use the demo and only the demo until I feel comfortable with the system – and make some demo but encouraging profit.
Sounds like a good plan! Yep, I do agree you should try demo on at least a couple of forex brokers to make a better decision on which one you’ll be trading live with. Best of luck to ya then!