New to Forex Trading – Eager to Learn and Seeking Guidance

[Silas Li]

Hi everyone,

I am a newcomer to the world of Forex trading and have recently joined this community. I’m fascinated by the markets, but I also realize how steep the learning curve can be.

I have started with some basic self-study, but I strongly believe that having a mentor or learning from experienced traders can make a world of difference. I am hardworking, disciplined, and eager to put in the time required to understand the charts and strategies.

If anyone is willing to share some insights, recommend study materials, or even offer a bit of mentorship, I would be incredibly grateful. I’m here to listen, learn, and grow.

Looking forward to connecting with you all!

Best regards,

 

[aotegaoteg]

As a beginner, your forces should be on learning by doing and putting in the screen time, there are many free materials online that can be used as a starting point, they will provide you with the fundamentals, i suppose this is where you should start. after gaining an understanding of the basics and fundamentals, its time to put the gained knowledge to use, by backtesting.

Back testing allows you to test the knowledge you have gained and all the trading strategies that you came across during the fundamentals, using historical market data, It also allows you to validate the claims and strategies made that you came across and allows you to evaluate your potential profitability, your risks appetite, and your success as a day trader, All without risking any of your capital. There are platforms, which provide access to 20+ years of historical back testing data,

and by following these approach, you will be able to gain valuable knowledge and experiences and use it as a foundation to
build your own day trading strategy and improve on it just by learning by doing and putting in the screen, also do keep in mind, that this process takes years to master, good luck