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  • Rogers
    replied
    I also find that demo accounts are good learning tool in order to practice what you have learnt. So, if you are making losses on demo account do your best to figure out what are you doing wrong. For me it was good self-study program.

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  • Rhonnon
    replied
    There is a vast amount of resources for trading education. There are many informative YouTube channels to help you learn about different strategies and types of trading. You can also often look for information on trading forums and find out the basic questions directly from experienced traders. But the best way to learn is through a demo account. You can get the required experience in trading for free. Then you will become more confident in trading and open a real account and trade your money and gain experience, which is very important.So there are many resources for learning, and your task is to have the will and desire to develop in this direction.

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  • Ubahon
    replied
    Try to google forex schools. Dont go through academic papers because you will not find there information which you need. You can also use Youtube videos explaining basics of technical analysis and trading. Anyway, read forex forums. There are useful information there

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  • Nuathris
    replied
    Now many traders are learning through their personal pages and sites, you just start with clear and affordable strategies, I would even say classic and easy to process, first you need to get used to... so that you do not have problems in the real market!

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  • Arcanebringer
    replied
    As a rule, the first ten links in the search engine perfectly answer your question, so I do not see the problem at all.

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  • Agredritlan
    replied
    You don't need any courses, at least for now, you need to understand the market, there is a lot of information on the Internet and on YouTube for that. Just use independent sources, you do not need to take all the data from the broker at once, give yourself time to look around.

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  • Blazaronald
    replied
    You'd better take some kind of independent terminal, then there's a better chance you'll see a clean and transparent situation...

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  • Aaronpp
    replied
    It seems to me very good that you are interested in gaining as much knowledge as possible before starting to operate, for this the internet can help you with basic concepts, enters different forums because in these different experts will be able to provide you with all the information you need and will help you to clear the doubts you have about the stock exchange.

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  • irlyismail
    replied
    congratulations bro. You are now a part of traders in the world.

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  • Nikolay Groznuy
    replied
    I read the old literature, advise the new

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  • mlawson71
    replied
    Another practical thing to look into is learning how to manage one's risk while trading, because no matter what your trading strategy is, it is bound to run in a series of losing trades. I think it is incredibly important to learn how not to lose money - or at least how to mitigate one's losses - before learning how to profit.

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  • robphillies54
    replied
    You can visit various websites or forums like you did here and you can get plenty of ideas about what forex is all about. And coming to demo accounts, maximum number of brokers (almost 90%) provides you the demo account. There is a possibility of difference between the spreads, execution and commissions in different brokers. I suggest you to practice with most of them as it is free and choose your broker wisely as per your own convenience and need.

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  • MarkJlunder
    replied
    I feel lucky finding this thread! i usually try to analyze as much as i can by myself along with Investing.com, it's good to know of a few good sources

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  • mlawson71
    replied
    A practical thing to look into, for example, is whether you prefer to trade with or against the trend.
    Both options have pros and cons, and both can be profitable if one knows how to do them well.

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  • RedRhino
    replied
    Originally posted by forextraderrr View Post
    One very good resource, free and available online is from baby pips. https://www.babypips.com/learn/forex That's where you'll learn all the basics of Forex trading.
    If this information was actually beneficial I would expect the general public would be making money in the financial markets. I always see traders directing other traders to go to babypips,

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