Hi all, I have an account with IG Index and want to start trading forex. What is the best reasonably priced home set up I can put together and how can I learn quickly ?
Thanks
Hi all, I have an account with IG Index and want to start trading forex. What is the best reasonably priced home set up I can put together and how can I learn quickly ?
Thanks
Hello,
Start with learning the basics of Forex which is available online,
After which open a demo and learn how to execute orders on different platforms, learn the good currencies to trade.
Thereafter, open a demo that you will trade as if that was live money and see how it works out for you.
As far as the currencies are concerned, start with the majors: EUR/USD, USD/JPY and the GBP/USD maybe.
For the demo account sizes: have a mini, a micro and a standard with you.
Happy trading
Giovan
I think you should go with a micro-account (as mentioned a few times before) and only trade 0.01 lots until you can achieve consistent profitability for a time-period you decide on (I picked 12 weeks for myself). When you accomplish that, you can increase your volume.
We get it, advertisements are annoying!
But it's thanks to our sponsors that access to Trade2Win remains free for all. By viewing our ads you help us pay our bills, so please support the site and disable your AdBlocker.