Trading forex question

I’m new to forex trading, how do I determine when to buy or sell and as a beginner what lot size should i use?

I think you should start at the very beginning of School of Pipsology. You will find all the info you need there :slight_smile:

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Welcooome welcome. :blush: Hmm. I would try to explain it except it might make it even more confusing. :sweat_smile: So instead, here’s a lesson on it. :smiley: If you want, you can check out the rest o the school to know more. :blush:

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school is important , there is no one who can deny but in spite of having much learning approach the result of trading can be useless if there is no regular practice.

As a beginner, you mustn’t trade bigger amounts because in case you lose, you will be disheartened and might not even want to trade. It’s better to start with the micro lots so that there won’t be many emotions involved. There wuld be losses that you can afford and you can determine what must be done to improve.

Complete the school of pipsology course then refer some books or you can find a good course for forex trading on you tube. Also practise demo trading to gain practical knowledge.

As a newbiew, go for micro lots only.

Start at the beginning with the course on the site and then practice on demo. I would stay well away from a live account for now.