hi iam a newbie and I chose forex because it is an exciting way to make money, aside the challenges, I want to learn to make money now and enjoy the privileges later by helping my family and everyone in need of help
Learning is very necessary to make a good trading career.
There are a lot of things that you can learn from this forum. Also, you can learn by practicing over demo accounts as well.
Making money is NOT a plan. I could show you how to trade FX in five minutes, it’s that simple, but not easy, not by a long chalk. As over 90% of newbies soon realise when they blow their accounts. within weeks of going live. With your money making mindset, you’ll likely join them.
This you will experience, and the reality will sink in that social media marketing hype is fantasyland. So for starters learn from this great educaton site how to protect your capital all the time. Which consists of gaining experience and managing risk and emotional control.
There is no short cut. Enjoy your time here, it’s an exciting way to lose money.
Hello newbie. How long have you been in the market?
When you start trading you might find it struggling and hard to mend the ways. Money making is okay but initially you should focus on learning and understand the basics of trading. And once these are clear you’ll hopefully start making profits.
That is an ideal goal, isn’t it? Work hard and make your family proud.
Welcome to the community, @OMBLO. Just be patient as you go through the learning process. Good luck on your fx trading journey.
Forget about the money. Ultimately we all come in for that reason but only those who realise quickly enough that they need to put it to the back of their minds tend to last long enough to maybe ever see any.
Hello mate, I can certainly understand your excitement about getting into forex trading. It’s definitely an exciting way to make money, and there’s no doubt about it. But as with any other business, there are some risks involved and some learnings to be had first before you can really come out ahead in the long term.