Hey guys new here, looking for everything I need ro know about trading forex. Want to know all of the ins and outs of the system. Give me pointers, I am open to any/all advice.
Learn money management first and foremost, followed by managing risk. Open a demo account and experiment. Do more of what works and less of what doesn’t. Always keep a log or trade diary to learn why some trades lost and some won.
After one year full-time you could reach being a break even trader and be ready to go live.
I truly believe that babypips is a great platform for newbies to get in touch with experienced traders to get guidance. That’s how I also learnt. Along with my broker’s demo account, babypips has been constant support whenever I was learning something new.