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Forex Trading for Beginners (A Step-by-Step Guide)
/r/Forex Trading Community
Welcome FXGears' Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /Forex is the official subreddit of FXGears.com, a trading forum run by professional traders. FXGears.com hosts and moderates our chatroom, and has developed such tools as the chart bot you'll find available in chat.
Are you new in trading? Do you need to get more knowledge before taking any actions? So, this Subreddit is a great place to start. Find a lot of materials for learning and understanding how trading works.
Should I invest in this company to learn forex trading?
Recently one of my friends that is equally into trading gave me a link for this company he has been practing with. Before I heard about this company I just liked picking his brain and having a back and fourth with him about what to do next etc etc. But I'm getting some bad vibes, ok so the company was just formed right? So I understand if they are a little new and don't have everything figured out. But certain things are seriously freaking me out.
YOU HAVE TO have a referral from someone you know, this is weird because they give you money the more people you refer, so if this is how they are making their money 1 sounds like an MLM, when will they stop focusing on trading and instead just focus on what their business is about? (This could be legit but I am very careful when it comes to MLM)
When speaking to the presenter, they never asked if anyone wanted to ask questions with a Q and A and just left a few of my questions unaswnered even though her presentation was all about how they answer questions and their course is awesome because its interactive…. so… that's a little sus.
They are offering trips to Mexico and things like this, which I actually like but I am also a little werieded out by, I feel like they might be using this as a crazy tactic.
So its only 20$ which isn't that much, however they don't accept things like PayPal or Venmo so they would have my actual information if I sign up for them, now is 20$ worth giving them this? What can they actually do with it… also is 20$ worth the knowledge they are going to give me? hmmm…..
What do you guys think about this? Have any of you actually been successful in not getting formal training?
I want to learn forex trading but it feels impossible
I want to learn trading so bad but it's seem impossible with my lack of focus and comprehension. For those who don't know what forex is, it's basically the act of trading currencies. I hear it's really fun and theres a lot of money to be made in the industry. I came across a website called babypips and Its said to be perfect for beginners. You go through levels or grades basically, preschool to college, but Im still stuck on preschool, the beginners stage. Theres 300 lessons for each grade I believe, so of course its going to take a while, the thing is, im still on lesson 3 (the introduction) I should be at the practice stage by now, but im not even close to there yet. I find myself rereading the same lines over and over again, I tried youtube but they go too fast and are for the most part, intermediate level. I even spoke to a mentor but When we were on the phone I had no idea what she was on about at all, like, I literally couldnt process the words coming out of her mouth. I even tried reading books, but you can already imagine how that went. I haven't been diagnosed with ADHD but i plan to get a diagnosis soon. I just want to know if theres anyone here with Adhd who jumped into the foreign exchange market yet suffered the problems I mentioned.
This Forex Trading for Beginner’s Guide will give you all the information you need so you can start trading Forex. You’ll learn what forex trading is, how to trade forex, how to make your first trade, plus our best forex trading strategies. By the end of this guide, you’ll be equipped with the right knowledge to tackle the world’s largest capital market. Learn forex trading at BabyPips.com's learning center. We offer online trading courses, interactive quizzes and a forex glossary. Learn forex trading with FOREX.com's learning center. We offer video tutorials, webinars and online trading courses. Trading foreign exchange on the currency market, also called trading forex, can be a thrilling hobby and a great source of income. To put it into perspective, the securities market trades about $22.4 billion per day; the forex market... Learn to Trade Forex. If you’re interested in profiting from the multi-trillion pound forex space, then you’ll be buying and selling currencies. The overarching concept is to make a profit as and when currency exchange rates move. As such, you will be trading a forex ‘pair’, which consists of two different currencies.
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