Regarding where to begin after tested out live trading

Hello fellow traders,

I’m writing this topic to look for suggestions from experienced or someone that has more knowledge than me on how to move to the next step in forex.

i only know how leverage, lot sizes, buy/sell , take profit, stop profit works

personally, I want to become an intermediate trader and achieve this goal to make

  1. $1000 dollars from $100
  2. achieve the traders’ skill

Regards,
babypip newbie

  1. Just give me the $100, it’ll be faster.
  2. Trade demo, forget about targets, focus on being profitable and do it in a way that you will ultimately trade. Don’t expect to make $1000 out of $100. Unless you’re looking at doing it over years, then you’ll just be gambling and lose it in a few days.
1 Like

Solid advice. :+1:

You obviously need more capital to start a productive job. What are you gonna do with $100? It’s gonna limit your market opportunities or you’re gonna be working with a lot of risk to your capital.

You’ll need good and quality practice to become a professional. Do not feel sorry for yourself, test different strategies and everything will work out.

I would also advise more capital and not to miss out on strong events. Determine whether technical or fundamental analysis is better for you. And start acting in that direction.