Zero Experience Newbie

Community Introduce Yourself
1

Hi All,

I’m Tom, looking to learn more about Forex and Trading. I have zero experience so looking to learn at a pace that suits me and not rush to trade real money. The ultimate dream would be to replace my salary through Forex trading. Upon learning strategies, I believe my greatest challenge will be the psychological aspect of trading, learning not ‘chasing my losses’.

Any small tips on how to become a good trader would be much appreciated.

Regards

Tom

2

Interesting, people are looking for a profitable strategy and you are looking for the opposite.

3

Hi Tom,
Welcome. The small advice I can provide you is to focus on babypips courses. After and/or during your babypips courses you can add some youtube tutorials at your choice (especially for clarification).

For strategies newbies friendly, the best and easiest way is equally youtube…because you have videos showing you steps/settings.

Then you can improve and/or build your own strategy using babypips forum.

Best
Falcon

4

I’m not sure how you’ve arrived at the statement ‘I’m looking for the opposite to a profitable strategy’ but thanks for your input.

5

Thank you Falcon. Yes I’ve started the courses on the website. Each time I come across something requiring further insight, I’ll check it out on youtube.

Thanks

Tom

6

Welcome. Learn to control risk and money management first. Then develop a mindset not to overtrade, ever.

best of luck.

7

Thank you Steve, much appreciated.

Take care