Guide on how to get into Forex trading - Born2Invest

/r/Forex Trading Community

Welcome to FXGears.com's Reddit 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.
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Free Forex Trading Course

Complete Currency Trader is the brainchild of James Edward, founder & CEO. It uses a system that professional traders use. Most courses analyse currency pairs but CCT examines the forex marketplace as a whole and matches strong currencies against weak currencies.
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VegasCoin

VegasCoin the Las Vegas Cryptocurrency just like bitcoin, litecoin and most like Auroracoin, but for Las Vegas, Nevada.
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How did you get into forex trading?

I’m a beginner interested in hearing how others came about trading, what made them want to start, and how did you start learning?
submitted by janvswild to Forex [link] [comments]

Is it worth to get into Forex trading?

Hi
I recently stumbled across forex trading and have been training, reading books and learning a lot about it.
Is it worth to put 30$ in it and see it grow or am I just wasting my money?
Ps. I’ve trade a fake account and have made a decent amount of money
submitted by Coolguy1699 to personalfinance [link] [comments]

Crypto exchange Kraken gets into forex trading business

Crypto exchange Kraken gets into forex trading business submitted by TheCoinrise to Thecoinrise [link] [comments]

So You Think You Can Get Into Forex Trading in Uganda?

So You Think You Can Get Into Forex Trading in Uganda? submitted by ososru to Bitcoin4free [link] [comments]

So You Think You Can Get Into Forex Trading in Uganda?

So You Think You Can Get Into Forex Trading in Uganda? submitted by Hellterskelt to bitcoin_is_dead [link] [comments]

So You Think You Can Get Into Forex Trading in Uganda?

So You Think You Can Get Into Forex Trading in Uganda? submitted by Rufflenator to 3bitcoins [link] [comments]

Student wanting to get into forex trading

I'm a 20y/o student that could maybe get 500euro together in a month. Is it worth for me to invest it into forex trading? (if i learn to do it first ofcourse).
Would it be possible to double that amount in a month or will it take year?
submitted by Little_Bit_Offensive to Forex [link] [comments]

So i want to get into Forex Trading, but is this guy legit?

"ok well here's the deal boss man... once you become an associate you will get access to everything. I'm talking about, imagine sitting behind our shoulder and seeing everything I've done to create a $50k+ plus a month profits from Scratch with huge ROI trades, how we read the markets, trading signals, live chats, perfect entry/exit points, and all the psychology etc. and all you have to do is model what we do. I can guarantee you that you'll never see anybody transparent with their forex trainings and if you don't make money than theres something wrong with you LOL hahahah. but anyway as far as pricing it's $299 to get started! you can cancel at any time with no cancellation fees if youre not satisfied. to see inside of a 6 figure+ a year training thats a freaking steal. But heres the deal, if you don't make money your first 6 months. the company refunds you 3x your money
I've personally been trading for two years now. Made it two years last month in April. "
This dude is making something like 300k/year. But is this legit? I have to pay like 299/month or something or can i learn all this myself and save myself the money?
Scam?
submitted by rawrtherapy to Forex [link] [comments]

How do I determine whether or not to get into forex trading or stock trading?

Live in the US. Does that make a difference?
submitted by Okmanl to Trading [link] [comments]

How do I determine whether or not to get into forex trading or stock trading?

Live in the US. Does that make a difference?
submitted by Okmanl to Forex [link] [comments]

Friend wants to get into Forex trading. Any advice on trying to dissuade him?

My friend has been trading using the demo program that his broker offers for the past month. Come this week, he'll get some excess financial aid deposited into his back account. He wants to take $1000, and deposit that into his account and trade real currency. According to him, his broker matches 50:1 (his $1k will allow $50k buying ability). He's been doing pretty well with the demo version, typically making about $50/day. He's not looking to get rich, just be able to pay for gas money and rent.
I'm not sure why, but something about this seems suspicious. I mean, why isn't everyone trading if the money is good? Do any "professionals" have advice that I can give him before he sinks a thousand dollars into this?
P.S.- He's read all of the Babypips and has a pretty good knowledge of how everything works. I've questions him as to why he doesn't switch his major to business since he is very interested in this type of stuff.
submitted by tootiefruitie to Forex [link] [comments]

Are trading bots worth the price?

I am thinking about getting into Forex trading. I saw that there are bots out there that you can pay for. Are they worth paying for considering I am not knowledgeable in Forex trading and I do not have months to study and learn the ins and outs?
submitted by zhome888 to Forex [link] [comments]

Best Currency strength indicators for MT5

Hi, I'm just getting into forex trading and am learning how to use MT5.
I was wondering if anyone could suggest the best currency stregth indicators they know of?
All the ones I've seen so far have been paid and don't want to shell out unless I know they work etc.
Cheers
submitted by SaSLazarus to Forex [link] [comments]

Is Forex Trading legal in the Philippines?

Okay so i really wanted to get into Forex Trading but the problem is that I saw a SEC advisory that announced that Forex Trading is illegal. However, there are foreign brokers from outside the country that are regulated and approved by the BSP. This lead me to believe that the SEC only released this statement because a lot of people were scammed by fake brokers and companies. Furthermore, there is still a lot of Forex Traders in the Philippines and there hasnt been an incident of a day trader being arrested. I really wanted to get into Forex Trading but im scared that i might be imprisoned.
submitted by Groundbreaking_Tie76 to phinvest [link] [comments]

Is Forex Trading legal in the Philippines?

Okay so i really wanted to get into Forex Trading but the problem is that I saw a SEC advisory that announced that Forex Trading is illegal. However, there are online brokers from outside the country that are regulated and approved by the BSP. This lead me to believe that the SEC only released this statement because a lot of people are scammed by fake brokers and companies. Furthermore, there are still a lot of Forex Traders in the Philippines and there hasnt been an incident of a day trader being arrested. I really wanted to get into Forex Day Trading but im scared that i might be imprisoned.
submitted by Groundbreaking_Tie76 to LawStudentsPH [link] [comments]

Im 18. Give me some Life Advice.

Im 18 and dont want to make the same mistake that most people my age do. Up until now ive been only going out friends and partying etc etc. But I thought to myself that Im Investing to little in myself so I stopped going out alot and Im currently trying to earn as much and spend as much money as I can. Im also getting into forex trading reading alot of books. What Advice can you give me ?=
submitted by refOG1 to personalfinance [link] [comments]

Interested in trading forex, completely new

Hi guys, interested in getting into forex trading, looking for some helpful advice on where to start, what are good platforms, and what are some good reading materials or sources that could help me out. Thanks in advance
submitted by thedarknight224 to Forex [link] [comments]

Difference between Spot Forex and CFD?

Hi Guys,
I'm a UK resedent and want to get into Forex trading. I'm working throught babypips and learning as much as possible and want to open a demo account, babypips says to open a spot forex account but my friends say they use CFD and brokers I've found seem to offer CFD not spot forex. What is the difference between the two if I am interesting in trading only major fx pairs? Which would you guys recommend? I really appreciate any info I can get, thanks.
submitted by Former_Radish to Forex [link] [comments]

I am just getting into forex but i do not understand how much each pip is worth in a trade. In this trade can someone show me the math as to how I made $69 profit?

I am just getting into forex but i do not understand how much each pip is worth in a trade. In this trade can someone show me the math as to how I made $69 profit? submitted by StevenMendieta to Forex [link] [comments]

Which is the best platform for forex trading? I was thinking IG

Hi guys
i am looking to get into forex trading and am trying to find a platform to trade on, I was thinking IG because it is compatible with my mac and also the software i am more used to cause i use the free version for stocks. But i hear once you actually join there is a lot of headaches with IG, is that true? and if so what forex broker do you suggest i join?
submitted by trojanbanks to Forex [link] [comments]

Why do amateurs get into forex instead of equity trading/investing?


Correct me if I am wrong here but Forex is exactly a zero sum game. Every winner has a loser for that exact amount. When you lose 1/6 of the pie, the guy at the other end gains 1/6 of the pie.

With stocks/equities, it is almost the same concept BUT...over time the pie slowly grows.

So why do newbs and amateurs get into forex???
submitted by fccoup02 to investing [link] [comments]

Looking to start trading with a $100

Looking to get into Forex Trading. Looking to invest a $100. Any advice?
submitted by biggucciallen32 to Forex [link] [comments]

The 3 Rules of Entering a Forex Trade  Trader Tips - YouTube The ONLY Forex Trading Video You Will EVER Need - YouTube Dropping Out Of College, Getting Into Forex Trading ... How to get into forex trading by FTA How to Start Trading Forex in 2020 - YouTube Forex Market Maker Traps  How to Avoid Getting into Bad ... Tips and Tricks for Getting Started into Trading HOW TO GROW $100 TO $2,000 IN 3 DAYS TRADING FOREX IN 2020 ...

Trading, perhaps particularly forex trading requires character traits that are not present in everyone. forex trading requires a particular mix of characteristics, including intelligence, courage and discipline, and insight into market or mass psychology, perhaps a particular intuitive insight into market forces, and drive, determination and patience. If you do not have the particular mix of ... So why get into Forex trading in the least , when the stock exchange has always been seen because the quicker thanks to make cash? the essential answer is stability. Now, this isn’t to mention that currencies don’t often behave in an unexpected manner. They do, but often not at the type of rate by which public companies can rise and fall in value. Another advantage of the worldwide forex ... How to Get into Forex Trading 1. Decide on your currency pairs. Your first decision as a trader is what pairs you want to trade. This decision influences the broker and market you choose, as not all brokers offer the same currency pairs. This decision should be based on accessibility and profitability. 2. Decide how much you want to deposit. What will help determine your broker and account is ... If you are contemplating getting into forex trading, you would want to do it the right way. The last thing you want to experience is unpleasant surprises along the way. And get this right, the kind of experience you get from forex trading depends on the measures you deploy in the whole process. Getting Into Forex Trading? Here's What You Need To Know Getting Into Forex Trading? Here's What You Need To Know. TechFrisky - Mobile, Technology and Business News . With the advancement of technology and tools available currently on the market, modern Forex Trading offers users a vastly different experience to even just a couple of decades ago. Computers and the internet especially are ... Forex is the largest and the most liquid market on the face of the Earth. In its decentralized environment, dealers distribute their price feeds via proprietary trading platforms and many aspiring investors take part in currency transactions. Making headways into this landscape may seem like a daunting task at first, but do not fret. Forex, foreign exchange, trading is trading currency from one to another in attempts to make money. It is a reasonably simple way to get started in trading without a lot of start-up money. The forex trading market is the largest in the world. In this article, we will discuss tips for getting started in the forex market.

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The 3 Rules of Entering a Forex Trade Trader Tips - YouTube

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