Saying hello to babypips

Hello everyone!

The community seems really nice, I opened some posts before posting and all seems really positive.

I’m just out of college and started a new job, Started to save 5% of my earning each month to invest in something, and thought learning forex trading is a good way to go.

I’m not planning to trade with real money for at least a year (Since I need the funds and by saving 5% each month I’m collecting,) For now that’s the only percentage I can set aside for a future investment.

Saw many posts that guide new users to Education tab. Hope to check it out.

Any advice you have for me is much appreciated :slightly_smiling_face:

Have a great time. Good Luck!


Welcome. You are going to succeed with your current mindset. Carry on learning and saving while trading on a demo account. The leap to a live account is a whole new psychological ball game so experience and money management are key components to become consistently profitable. Best of luck.

1 Like

I am wishing you all the best for your future.

1 Like

Hello and welcome to the community.

1 Like

Hello, and welcome to the community. Forex trading is a kind of trading where currencies are being exchanged with each other. Open a demo account with a broker, where you will be able to practice trading in different currency pairs with virtual funds. When you feel comfortable with the demo account, you can open a live account and start trading with your own money. Best of luck

1 Like

I’d recommend in investing in other as well, in a meantime, keep learning more and more.

1 Like

Hi. Welcome to Babypips. I like that you have come with a plan and are ready to demo trade to develop strategies. Keep up this spirit! Good luck:)

1 Like