Recent content by sharonj

Not everyone unerstands how to rewarding forex trading can be. All they see are the risks and challenges. If you are managing your money properly and can keep patience until you start making profits, it is surely a good career for you.

Hi Everyone! I am new to the forum. Looking forward to learn from your experiences.

Study as much as you can. The primary step is to build your forex foundations. This could take some time. But it's important to become successful in the long run. You can check out Adam Khoo's youtube channel. You will find plenty of information there.

Start with educating yourself. Find good resources to study from. I recommended you to begin learning with babypipes. That course will give you a basic idea about forex trading and how to get started with it.

Yes, it is difficult. But is it impossible? Then the answer is no. Becoming good at forex trading requires skills and practise. To become an excellent trader, You have to consistently work on your skills and be disciplined.

@Resolve That's true! trading is a practical skill where you don't become a pro overnight. Implement everything you lean on a demo account.

Best pair to trade: EUR/USD , USD/JPY , GBP/USD , USD/CHF

Hey newbie, build your exit strategy even before you decide how you would enter the market. Exiting the market at the right time can help you save your money for future trades.Always make use of stop loss and take profit to trade safely.

You are probably asking about a shortcut that would help you.But I don't think any experienced trader would suggest this to you.Rather,you should take as much time as you need to get an understanding of the forex market.Also, you better don't forget that getting good resulton a demo account in...

Keep trading simple.Use simple strategies that give you enough space to handle the situations.Don't go beyond your understanding .If you wish to enhance your knowledge,make use of a demo account.No need to try everything in the market with your money at stake.

As a beginner, you can avoide news trading as it may be difficult for you to understand what is happening in the market and which way you should go. But you can keep an eye on the charts to get an idea of what happens.When you think you are ready to trade in the highly volatile market, you can...