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Topic: Best way to learn about Forex trading? (Read 286 times)

legendary
Activity: 2338
Merit: 1124
February 05, 2020, 12:11:56 PM
#25
Now a days almost all the Forex exchanges start accepting bitcoin as one of the payment option and also they are providing demo account for learning purposes. You can easily get MT trader along with demo set up to test your skills.

As forex trading has been into actiton for decades, we can easily find lots of useful materials and guides across internet compared to what we do find for crypto trading. Trading is common for both cryptos and forex but learning the fundamental analysis is definitely easier for forex trading due to vast availability of guides for it. Finally, I like to suggest not to risk big in forex trading as it is more cruel than you could imagine hence just staying within crypto may help you to grow slower in your wealth wise.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
February 05, 2020, 11:52:02 AM
#24
Joining seminars is a plus but not really that necessary yet you can make self learn.Im a forex trader but i havent attended any physical or online seminars with it
but somewhat i do pay up some ebooks and technical analysis tutorials online but i do find it not really that helpful yet those paid ones can be attained by free online
if you arent that lazy to seek for those informations or references.Most noobs why do fail on forex because of that greedy mindset where their primary target is to make
easy profits without even realizing the level of risk involve.This doesnt only applied on forex/stocks market but also on crypto market as well.
Seminars can be useful but that is only if you are not really good learning from books or videos, seminars can be really expensive and the fact that you need to attend a specific place at a specific time is a drawback, if you can learn from books you can learn ten times the information for a fraction of the cost and you can do it many times faster, as such I have never used my money in seminars as I cannot justify the  cost compared to the information I can get from other sources.
sr. member
Activity: 658
Merit: 250
enterapp.io PRE-SALE IS LIVE
February 03, 2020, 09:20:56 AM
#23
You need to learn about currency as place to replace trust, use trusted sources to get the information. In exchanges you need to know the tools and exchanges works. Replace your money wisely and trust with your analyze not public opinion. You can use any learning method you like, grow up your fund first and profit is the next step.
sr. member
Activity: 2282
Merit: 470
Telegram: @jperryC
February 03, 2020, 06:52:02 AM
#22
Checkout: https://www.babypips.com/

All the things from forex trading can be found here, they're offering a free course starting from newbie to expert it includes some of the theories and strategies they also offer some apps in order to help you from trading, the good thing about this is that this kind of information is not limited only to forex trading but it can also be applied to cryptocurrency trading.
hero member
Activity: 3010
Merit: 794
January 31, 2020, 06:57:40 PM
#21
Forex trading is not easy and most people fail with high value. You can learn by join some trading group or trading courses, as newbie have teacher and sharing partner is really important. Tips from me, trading is about how to grow up your capital not about profit. If you only see profit that's how you fail.

Seconded. It's no longer a new thing that nothing good comes easy in life. The same applies to trading in the forex markets. The first step is to actually learn what the forex market is and how it works. I don't suggest worrying about capital, profits etc when one is just starting out. The secret most successful traders won't tell you is that they spent a lot of private time studying forex markets. And when one has learnt to the point that they know what they're doing, then they can go ahead to start testing out trading with a small position account or they can demo trade.

Joining seminars is a plus but not really that necessary yet you can make self learn.Im a forex trader but i havent attended any physical or online seminars with it
but somewhat i do pay up some ebooks and technical analysis tutorials online but i do find it not really that helpful yet those paid ones can be attained by free online
if you arent that lazy to seek for those informations or references.Most noobs why do fail on forex because of that greedy mindset where their primary target is to make
easy profits without even realizing the level of risk involve.This doesnt only applied on forex/stocks market but also on crypto market as well.
legendary
Activity: 3122
Merit: 1398
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January 31, 2020, 02:08:46 PM
#20
i have no clue about forex but i really want to learn about it please where can i start? i heard about imarketslive but i dont know much about it please how can i learn more?

You know the nature of this forum right? Therefore, might be inappropriate to seek some detailed information here about Forex trading.

There are general forums wherein the main forte' is discussing anything about Forex.

Might want to check these out:*

https://www.forexfactory.com/forum.php
https://forums.babypips.com/
https://www.earnforex.com/forum/


*I have checked these sites and they are safe. Head to their beginner section for easy navigation for newbies. As always, be vigilant on the internet and don't entertain any private messages if it involves depositing money.
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
January 31, 2020, 01:54:24 PM
#19
Forex trading is not easy and most people fail with high value. You can learn by join some trading group or trading courses, as newbie have teacher and sharing partner is really important. Tips from me, trading is about how to grow up your capital not about profit. If you only see profit that's how you fail.

Seconded. It's no longer a new thing that nothing good comes easy in life. The same applies to trading in the forex markets. The first step is to actually learn what the forex market is and how it works. I don't suggest worrying about capital, profits etc when one is just starting out. The secret most successful traders won't tell you is that they spent a lot of private time studying forex markets. And when one has learnt to the point that they know what they're doing, then they can go ahead to start testing out trading with a small position account or they can demo trade.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
January 31, 2020, 01:30:43 PM
#18
i have no clue about forex but i really want to learn about it please where can i start? i heard about imarketslive but i dont know much about it please how can i learn more?


Forex trading is no different than any other form of trading, do you know anything about trading? If the answer is no then find a few good books about the subject and then practice your skills with a demo account and see how you perform after some months of practice, if you did not made any money then you should keep studying because trading with real money is going to be way harder than trading your demo account since the pressure you are going to suffer by risking real money is something that cannot be described with words and you will need to experience it by yourself.
legendary
Activity: 3122
Merit: 1140
January 31, 2020, 12:57:24 PM
#17
i have no clue about forex but i really want to learn about it please where can i start? i heard about imarketslive but i dont know much about it please how can i learn more?


First question on where to learn basics on doing forex trading.? Go on babypips.com and finish all courses.

Next, is this a simple advertisement about IML? If not then try to look to this scammy thing
https://www.youtube.com/watch?v=GCo-aWXkePs
https://www.youtube.com/watch?v=80KByhcMJR8
sr. member
Activity: 2506
Merit: 368
January 31, 2020, 12:48:00 PM
#16
Forex trading is not easy and most people fail with high value. You can learn by join some trading group or trading courses, as newbie have teacher and sharing partner is really important. Tips from me, trading is about how to grow up your capital not about profit. If you only see profit that's how you fail.
I've never tried trading in forex but they say that if you have less knowledge about it you will probably gonna burn your capital in just a short amount of time. Of course, it is understandable because I don't know anything about of forex trading, so they were right that if you don't understand your investment then don't risk of investing or even try it. Although I found the similarities of trading in cryptocurrencies and forex though I don't quite understand about it yet.
legendary
Activity: 3248
Merit: 1179
January 31, 2020, 10:41:45 AM
#15
i have no clue about forex but i really want to learn about it please where can i start? i heard about imarketslive but i dont know much about it please how can i learn more?


I wonder how you got the idea to come here on crypto related forum and ask questions about forex and how to learn more about that?
To me forex trading is not so interesting, crypto trading on other side is amazing, with daily fluctuations, jumping and dropping for more than 50% in short period of time you can make huge profit with not so big amount of money, or to lose what you have!
hero member
Activity: 2660
Merit: 630
Vave.com - Crypto Casino
January 31, 2020, 09:03:57 AM
#14
i have no clue about forex but i really want to learn about it please where can i start? i heard about imarketslive but i dont know much about it please how can i learn more?


my advice.. look for someone who is really already very professional in trading, then ask to be taught by that person, if the person is asking for payment then just obey his wishes, rather than you joining a paid group that is not necessarily profitable or being at a broker who takes half of the profit you can get. IMO, This is the fastest and best way for you to master trading skills.

I support this too. Direct personal learning will help you faster than paid group that will only give signal to trade.
Then, you can read babypips.com it will help.
Remember to do practice trading before you start with real money.
full member
Activity: 1414
Merit: 228
Omicron is another FUD
January 30, 2020, 06:29:17 PM
#13
i have no clue about forex but i really want to learn about it please where can i start? i heard about imarketslive but i dont know much about it please how can i learn more?


my advice.. look for someone who is really already very professional in trading, then ask to be taught by that person, if the person is asking for payment then just obey his wishes, rather than you joining a paid group that is not necessarily profitable or being at a broker who takes half of the profit you can get. IMO, This is the fastest and best way for you to master trading skills.
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
January 30, 2020, 05:59:45 PM
#12
i have no clue about forex but i really want to learn about it please where can i start? i heard about imarketslive but i dont know much about it please how can i learn more?



Hello, to get started on forex, you first need to learn and have at least a basic foundation in forex trading. On that note, I would suggest you take the classes on Babypips.com | Their educational content on Forex trading standouts and core concepts are really explained and simplified.

To get started, visit: https://www.babypips.com/learn/forex

I would suggest you don't skip parts. Its true the forex market is similar to that of crypto market but forex has its own unique concepts likewise crypto. So you should take out time to properly learn those core concepts if you want to succeed. Don't forget that no pro trader was born with the skill of trading. Even Warren Buffet had to learn at some points.
full member
Activity: 840
Merit: 105
★Bitvest.io★ Play Plinko or Invest!
January 30, 2020, 04:19:28 PM
#11
i have no clue about forex but i really want to learn about it please where can i start? i heard about imarketslive but i dont know much about it please how can i learn more?



Better read this article that I've found helpful even back then.

https://www.investopedia.com/articles/forex/11/why-trade-forex.asp

Do not engage early on Forex Trading without learning its market first and understanding every important keypoints to remember when trading. Better make your February first in studying what you market you want to enter (i.e. you want Forex). Then try investing atleast a dollar or try trading simulation if you really have learned that enough in a month. Then, experience would be the best way to make you learn afterwards.
sr. member
Activity: 1568
Merit: 283
January 30, 2020, 12:16:36 PM
#10
i have no clue about forex but i really want to learn about it please where can i start? i heard about imarketslive but i dont know much about it please how can i learn more?
If you want to start with the forex markets than I would prefer you to contact any of the forex broker and follow his signals for first few initial days until you get to know the basics of the forex markets. Brokers might charge you some fees but you would not have much risk over there being with a broker because that individual will guide you from top to bottom of the forex trading markets.

Moreover, I am not sure if we have any such forex traders here as most of the people related here are linked to decentralized cryptocurrency trading which is not similar to forex trading markets. You can find some stocks to invest for a long time considering the demand for the firm behind the stock like Tesla, Microsoft, etc which might give you good profits but yet, you need to find a entry price for those stocks which you could be guided by a broker.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
January 30, 2020, 10:25:31 AM
#9
Many suggest you to search and watch Youtube video from expert, but join the community can make you easy to learning, and do a meet up with them and ask many question you want that will make you faster to understand forex trade, of course you need find true community with same language with you, what I mean with true community is people who's not charge you to join their community.
sr. member
Activity: 1120
Merit: 255
January 30, 2020, 03:21:30 AM
#8
I have self taught myself to trade Forex. Books are what I would recommend. start from the basics, Currency trading for dummies, then work towards your style of trading. study charts. Draw lines. Don't jump the gun with a $2,000 account, do a month on demo to refresh your self with everything, and start building a strategy, back-testing and everything then move on to small Live till you get consistent, about 3-6 months depending on the strategy and then up the account size.
sr. member
Activity: 1624
Merit: 267
January 30, 2020, 03:04:04 AM
#7
If you want to learn about how to earn in forex trading just try to search it on the youtube because if you reading the information you can learn but not the actual happen in the trading. Many ways for you to learn but videos is really helpful to you and I believe if you do that you can understand it easily. Or you can get help to the forex trader who earn more money.

Forex trading is not for me it is risky I think so I choose be here in crypto trading instead of that. 
hero member
Activity: 1862
Merit: 574
Leading Crypto Sports Betting & Casino Platform
January 30, 2020, 01:56:20 AM
#6
the trading technique is not much different, because initially I learned trading techniques from forex books.
but in the crypto exchange it will indeed be more difficult than forex, and I personally prefer to trade in the crypto exchange only.
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