Learning forex as a beginner

[Wallflower]

The best way for beginners to learn forex, whether through a course or through books or YouTube videos, and simultaneously practising on the demo account. You can make the best use of the resources you have by practising how forex trading actually works in real life, how charts are analysed, etc.

 

[Barnstorming]

If you find it difficult to learn forex trading on your own, you can enrol in paid courses. where you can advance under the tutorship of an expert trader Many courses are available to you and can be accessed with a single click.

 

[BoldMaestro]

I believe it would be better for every beginner to comprehend the terms and conditions of the market and how to deal with ongoing changes. Concentrate on creating a suitable plan that includes your desired goals. A good way to practise forex procedures is with demo accounts. One generally succeeds if they play properly and have the necessary skills.

 

[InnerMarshal]

Everything will happen eventually - profits will follow on their own. If we force profits into our trading, they will never follow because we are focusing on our profitability rather than our efforts.
The knowledge we gain through books and courses, the practice that we do on a demo account, and the skills we learn like trading psychology and risk management will all be counted as efforts, which will prove beneficial one day, provided a trader stays patient, consistent, and disciplined during the process.

 

[Seminule]

Understand the market and its fundamentals that affect the market movement. Knowledge and skills are very important tools in forex trading. You need to develop and refine the skills required to trade forex properly.

 

[Multisulcate]

If you’re looking for courses, there are many online but the best understanding of the market comes through practising on a demo account and live trading. You need to test your skills and knowledge to see if you’ll be able to survive the market shifts. Manage risk, money and time each trade efficiently, that is all.

 

[Chochi716]

don't think too much of profit. rather focus on quality setups.

 

[Bane]

There are many courses and learning material online. Checkout videos on YouTube, they’re quite easy to understand and detailed. Before you decide to get a mentor, just remember that you need to study the market first, this way no one else’s ideas will overcloud your own.