Newbie forex baby

A friend showed me the power of compound interest, if I grow 3% daily - now I reimagined my life if I am i learn and remain a consistent trader.

This is my first step on the journey.

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Yes, compounding is very effective and powerful - however consistently making daily profits of 3% is living in a fantasy bubble. I would surmise that will never happen in your lifetime.

But, no problem. Just keep putting aside 10% of your income each month for your FX live account, and that will grow as well, providing you’re profitable.

If you really want to learn how to trade, first complete the course on this site. Here is the link Learn Forex Trading at School of Pipsology - BabyPips.com as soon as you are finished with it, read various books on technical analysis and trading psychology.

Try to achieve your 3% daily target in the demo account. That’s why you can build confidence.

It can be a bit difficult to achieve that consistency at first but if you keep working hard, you will get there. Good luck to you.