Introduction to Forex Trading

[Sbrown]

Hello everyone,

I'm new to the world of forex and eager to learn the basics. Can someone explain what forex trading is and how it differs from other types of trading like stocks or commodities? Also, any recommendations for beginner-friendly resources or courses would be greatly appreciated!

 

[Fin_Trader]

There are a lot of free resources for learning trading on the Internet. I started with self-study and communicating with more experienced traders on different forums. My broker's blog also helped me, where there is high-quality information about trading, its methods and approaches, and also a professional market review on technical and fundamental analysis is conducted.

 

[Jonathan Lee]

Forex trading involves buying and selling currencies to profit from their price fluctuations. Unlike stocks or commodities, which involve ownership of shares or physical goods, Forex focuses on currency pairs. For beginners, try resources like Babypips or Coursera's Forex trading courses to build a solid foundation and improve your understanding.

 

[Jason Libson]

Forex trading involves buying and selling currencies, aiming to profit from exchange rate fluctuations. Unlike stocks or commodities, it focuses on currency pairs. For beginners, I recommend courses on platforms like BabyPips and Investopedia, which offer solid foundational knowledge.