Dear Friends,
I’m beginner to Forex and want to starting leaning from a-z and become successful trader. How I should start learning. Can you suggest good materials books for me to read. In this website which sections I should start first. Thank you.
Many say you need a mentor to be successful , a mentor will advise you what you don’t need to learn and having a mentor might be a " catalyst" for success.Though I believe success, is down to a lot of "psychology ". Doing all the course s on here and practicing on a demo account, one can craft their own strategies to suit their personality not the mentors ,without losing cash . Experience is essential in this game ,obviously to be successful you have to this wholeheartedly almost obsessive.
You’ve got loads of free material on this website which is well structured to help you progress. You have to practice though as learning alone won’t get you ahead. A mentor can give you ideas but it is down to you to build your own strategy based on what you test and what feels right for you. There is no holy grail in terms of strategy
again, webinars, books, articles. especially on fundamental analysis
then try to be more “attentive” ti the world news. try to build more and more logical connections between the events around you and in the market movements.
and, the last, but not the least - practice. demo accounts/small deposits
A good Mentor is really needed for a good trading result but we the traders never find a right trading Mentor. most of them are found to be scrams.
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in online there are so many Good Mentors but actually they are really expensive.
bookish knowledge is really important , but this is only not enough top become a knowledgeable trader.