New to Trading and Forex

[hopelessneptune 49]

I am just curious as to the number of successful forex traders who jumped straight into forex trading without any previous trading experience. I personally think its ok because I can trade the mini and micro lots until i get a feel for everything before risking big amounts of capital. Or would it be better to start off in share trading?
 

[AlienHero 51]

Why should stock trading be any different?

Buy low sell high. Same concept.
Just take care that you don't lose your ass with overleveraged positions.

 

 

 

 

 

 

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[Pickleree 18]

I think you can start with Forex. That way you'll be learning to trade with the high leverage and an unbiased market with the currency fundamentals. Moving from stock trading to Forex will be somewhat painful.

Edited February 15, 2022 by Pickleree

[Sukiyaking 23]

There is a lot to learn through hard work as a beginner trader. If you do not learn anything, you may face many unexpected losses. Forex is not an easy thing to make a profit if you want. You have to master trading by doing a lot of practice.
  
 

[Duelf 50]

If you want to invest in this risky market, you need to gather all kinds of knowledge first. Because without knowledge, you can not survive in this risky market.

 

Edited February 15, 2022 by Duelf

[PopplioSoda 26]

If someone is a new trader, he should do demo trading first. You should get an idea about money management and risk management by trading demo. If you invest big money as a new trader, you are more likely to lose. One should go into real trading by acquiring proper knowledge about trading.

[MiSt_Lix 35]

Very Very important , some people don't learn good without mentors , I'm that kind of people, I got myself someone that helps me . I'd also say do alot of readings , some videos are misleading
 

[JumpyBobcat 51]

consistence profit is a big challenge in Forex trading , because there is anyone who can bring profit for one or two times but the main challenge is to keep consistent.
 

[MerryRevenant 25]

Demo account is best way to learn trading and about platform without losing money. However, in real account trader face all kind of negative emotion which doesn’t happen in demo trading.
 

[OddWillow 14]

To shine in forex you require a professional attitude and aptitudes. Without capacities consistent profit isn't possible. Most traders neglect this essential thing. They continue running for strategy without making themselves capable.