hi there i just have some questions about fx and how it works i cant wait to start learing
Hello @shae_young! Feel free to post your questions here. There are a lot of helpful and experienced members in this community.
If you haven’t been through the School of Pipsology yet, you should check it out. It’s the best place to start your trading journey.
sounds really good that you willing to learn , you can start with psychology of school which is mainly considered as a best part of education for the traders who are especially beginners level. and you can trade also in a demo account besides this. happy learning.
good place it is to learn Forex trading , just finish any basic level of trading and trade in a demo account , its a best solution fore the traders who has come into this market place for learning.
Feel free to share your question.
It helps if you take your time to read courses in babypip school of pipsology
psychology of school + a demo account = the best combination for newcomers.
Just post your question or doubt here mate.
Here are some top trading tips for a new trader :
- Educate yourself about Forex risk and trading by the help of many educational
forum or website like as babypips,forexfactory,earnforex,myfxbook,mfxcenter etc. - Use a stop loss
- Use a take profit to secure your profits
- Do not risk more than you can afford to lose
- Limit your use of leverage
- Have realistic profit expectations
- Have a Forex trading plan
- Prepare for the worst
- Control your emotions
- Diversify your Forex portfolio
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