Please teach me how to trade forex

[Hoper]

It is important that learning is always accompanied by continuous practice. To do this, you can use the cent account of ForexChief, FXOpen, Roboforex or another company. Now many brokers provide cent accounts.
Thus, the training will be as effective as possible, and the risks are minimal, since you can trade with the observance of risks on a cent account already with $10

 

[Rivenj]

Try learning SMC concepts. You don't have to go through the long ICT program but can look at shorter versions like JEAFX which has a youtube channel that explains concepts from his paid program and practice practice practice. Deriv has the synthetic market simulated assets which allow you to implement your lessons on a "live" chart 24/7.

 

[Chatterbox]

Everything you need to know to learn about forex is available on the internet. There are many free courses available that teach you all about forex trading. Some paid courses also provide video lecturing. There are also many books published by genuine traders and market experts to help people learn about forex trading.

 

[Dora_WalletInvestor]

I can only reinforce what others have already said: there is a lot of information online that you can access for free. It's best if you take matters into your own hands and use a demo account at first so you don't lose any more money. Some good sources online include Investopedia, the BabyPips course and Forex Military school.

 

[Genetrix]

To become a successful trader, you must first learn about the market and currencies. Make sure you understand the fundamentals of currency trading before diving into the vast ocean of currencies.

 

[Multisulcate]

The best I can suggest is go through the school of pipsology where you will get through your basics. After that, open a demo account to practice. Take the responsibility of your learning in your own hands. There is no reason to depend too much on others for your lessons because it’s your own understanding that will matter in the end.

 

[Rheometer]

You don’t need a mentor to learn the basics of the forex market. You can do that on your own with the information available all over the internet. Apart from reading the basics, forex trading also requires constant practice that can be done on a demo account. Remember that your success in the forex market depends on the effort you put into understanding it.

 

[pumlley]

The greatest way to study forex is simply by self-education. You can read books or search the internet for sources to learn more. Fill up on all the theoretical information, and once you've mastered the fundamentals, it's time to put it all to practice with a demo account. Learn risk management, money management, and fundamental and technical analysis; they are all very significant. Another thing to remember is to handle losses rather than fear them. Have patience.

 

[antwanmcdonough]

First, invest time reading up on trading and the FX market. Online or offline learning is an option. Then start practising on a demo account prior to creating a real trading account. Create, test and backtest the trading strategy properly before applying it on the real market.

 

[Hootenany]

Before putting up your question here, if you had researched a little bit about forex trading, you would have known that there is all the information about forex trading on the internet. If you didn’t find anything, go through the school of pipsology. You will know how to proceed further.

 

[Citigrade]

Don’t depend on other traders to help you with your learning when all the information is free and available on the internet. For doubts, you have this forum.

 

[Plethora]

Getting a forex education is essential for trading successfully. Start by reading up on risk management, how forex trading operates, placing trades, when forex trading is active, and so forth. You can use a variety of websites, books, and other resources to learn more about forex trading.

 

[Bugaboo]

You may learn everything there is to know about FX trading from a variety of free courses. Video lectures are also offered in some trading courses. To assist people in learning about forex trading, a variety of publications written by reputable traders and market analysts have been published.

 

[Angiosperm]

Here, we can only guide you. Learning is your own path. Develop a basic foundation of the market. Research thoroughly. And practise a lot on a demo account. If you don’t know any courses, babypips.com is a good place to begin with.

 

[Macromania]

I am not sure how many accounts you have blown so far but you should have learnt from the losses you made. I am not sure what happened but did you ever consider analysing what went wrong. If you haven’t done that as of yet, consider analysing your performance and find out where you need to improve. No strategy would work for you until you are ready to find mistakes in your trading style.

 

[Serimeter]

You must educate yourself on the market and currencies before you can become a good trader. Before entering the vast ocean of currencies, be sure you are familiar with the basics of currency trading.

 

[Isthmus]

You do not have to sit around and wait for anything to force you to educate yourself on currency trading. On the internet, one can find anything and everything. Make effective use of these instruments to move up as a forex trader.

 

[Cradere]

Instead of asking someone to help you with your learning, you must do your research on Google and find out all about forex trading. Read seriously and practice on a demo account before you take a risk in the live market.

 

[Acetarious]

You don’t need anyone to teach you forex trading when there is a lot of information available for free in the live market. It takes time for a trader to develop an understanding of the market and it’s completely fine to take your time.

 

[TA38._]

Spend some time reading up on how forex trading works