New to Forex World can’t wait to get started!

Hey Glow here! I’m 25 yrs old, wife of a recently admitted law student and mommy of a 6 yr old, 3 yr old and 3 month old so you could say I have my hands full :laughing: hope to leave my 9-5 in 2022 to be there for my babies and to also bring in extra income while my husband is getting through school. So truly… LETS DO THIS :grin::pray:t3:

Hi Glow. Trading FX is going to be a tough challenge for you and your family lifestyle. It’s NOT AN INCOME SOURCE because you WILL LOSE MONEY as does every trader on the planet.

Experience over a long period, and rock-hard discipline is essential, as is emotional control. By all means press the green Education button above, take it easy one step at a time, and see if it suits you.

Best of luck.

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New traders should make a good plan to make money from this market.

I appreciate the feedback. Definitely taking this one step at a time! Although new to FX world, I’m not new to investing. :blush: This is just part of a much bigger picture.

Okay. just remember trading is not investing, although you could mitigate the emotional effect by acting as a swing trader - trading the Daily chart and if necessary aiming for a target that could be days or weeks away.

I would also recommend a live account - when you’ve finished playing and experimenting on a demo account - is a small amount of money where you’ll learn how to manage the mistakes you WILL make, as it’s a whole new ballgame. Medium term aim is to gradually up the lot size as your account grows. Keep leverage no higher than 100:1.

Best of luck.