Hello, I am a new Forex trader. A month ago, I started to trade using a demo account. I want to move to real money account. And want to learn about currency trading and foreign exchange. Please send me your tips, and it will be great help if you can provide me the necessary training or material that is good enough for me to study on my own advices, or any recommendations and books to read before I start. Thank you again
Greetings jhoinsmath,
Welcome to BabyPips.com! It’s great to have you here and get ready to learn a thing or two.
First thing, and it’s not a biggie, the Bugs and Suggestions area of the Forums is just that, your place to let us know where we’ve goofed (Bugs) and how we could do things better/quicker/funnier (Suggestions).
You’d have a better response to your question if you opened it up under the Newbie Island - the best starting point in the Forums for beginners.
Second thing, and this is a big one, head over to the School of Pipsology and get started with the Pre-School. I highly encourage you to read as much of the School before you even think about opening a real money account. Why not read the School completely? Now that’s an idea. And while it’s not impossible, only a single month of demo trading normally leads to immediate losses on a real account. Again, you could be the next Michael Jordon, but the cards are stacked against you. Spend some time in the School and in the Forums before you put up your hard earned cash.
jhoinsmath, it’s great to meet you and have you as part of this wonderful community. Take care of the community and it will take care of you.
Regards,
Pip Sampras