Hey everyone, I’m new here and just starting to learn trading/scalping in the FX market. I started a course about a month ago, and my plan is to finish it, make sure I understand all the terms/definitions, and then practice with some paper trading.
Here’s where I’m at right now:
Goal: I’m mainly interested in scalping — short-term, fast trades — but I want to build a solid foundation first.
Risk comfort: I’m planning to start small if I go live, only risking money I can afford to lose.
Demo results: Haven’t done much yet, but I’ll be testing strategies on demo soon.
Time commitment: I’m studying part-time, trying to build consistency and not rush it.
My main question is: once I finish this course and get some demo trading under my belt, would that be “enough” to start live trading? Or do you recommend waiting longer / hitting certain milestones before jumping in?
I know the learning never really stops — trading is definitely a continuous process (same as anything in life, lol) — but I’d love to hear how you guys approached that first step into the real market. Did you go live right after your first course, or wait until you had more practice?
It might also depend on exactly what you mean by “scalping”. Different people use this term with a very wide range of meanings, and it usually means something very different at Babypips (and in many Youtube videos) from what it means almost anywhere else in trading circles!
This thread will perhaps help -
Also this post and especially the links inside it -