advice to learn trading forex

[kribis]

hello
im new here and also new on forex trading
iwant to do my first step its to learn trading forex
so guys pleas recommend me best courses and the best youtube chanel that i can learn from and ebooks
comment with your best courses+youtube +ebooks to learn from
thankss

 

[Rayford Adam]

Hi @kribis

If you want to learn about forex online then check out these sites

- https://www.tradingacademy.com
- https://www.forex.com/en-us/education
- https://www.dailyfx.com/forex-education

And read Discussions in these forums, also participate

- https://www.babypips.com/learn/forex/preschool
- http://www.forexpeacearmy.com/community
- https://www.earnforex.com/forum/

 

[Enivid]

I believe that our free course is very good for beginners: https://www.earnforex.com/forex-course/

I am not a big fan of learning Forex via YouTube videos, so I cannot recommend anything.

As for the books, Trade Your Way to Financial Freedom by Van K. Tharp and Trading in the Zone by Mark Douglas are definitely must-read for both new and experienced traders.https://www.earnforex.com/blog/book-review-trading-in-the-zone-by-mark-douglas/

 

[Rayford Adam]

I believe that our free course is very good for beginners: https://www.earnforex.com/forex-course/

I am not a big fan of learning Forex via YouTube videos, so I cannot recommend anything.

As for the books, Trade Your Way to Financial Freedom by Van K. Tharp and Trading in the Zone by Mark Douglas are definitely must-read for both new and experienced traders.

Hi @Enivid I think this one is best and simple [https://www.babypips.com/learn/forex/preschool]

 

[profitwithpips]

yes I agree with the above replies...surround yourself with anything Fx until you understand the language read blogs, and literature forex related I'd start with currency trading for Dummies, babypips.com is a great resource as well. akil stokes on Youtube is pretty good. also check you forex podcasts. Good luck this is a very rewarding business.

 

[Deleted member 54543]

Thanks for the links above! It is really helpful for me!

 

[Helloyees]

Welcome to the forex trading community. If you need advice on forex trading, then you are at the best place. There are lots of threads here that will answer almost all your questions. You can also post a question if any. Besides there is free online education on forex trading for your use

 

[Kennyrice]

Search in google I hope you get better tips for starting forex as a newbie.

 

[walpants]

i would be interested to know how you have gotten on with your trading? did you take any of the advice above? can you recommend any of the sites or book that were suggested?

 

[TracyMorninge]

First, you need to forget about ‘looking for the answer’ or searching for some guru that will hold your nappy while you poo. You, and only you, are responsible for your actions. You need to make your own answer and hold your own nappy. Simple - but hard for those who cannot let go of the training wheels or even see that they are doing this.
This mindset has to be done before you begin to progress at all.

Next - and you’ve read it a hundred times before. Create a strategy and STICK WITH IT. This means create your own strategy. Don’t try copy someone else’s - but get ideas from others that trade your style. Don’t deter from your strategy at all. This doesn’t mean it will never change, but changing daily and every trade isn’t a strategy. And evolve your strat slowly over time. We have heard it before and there’s reason why.

Then here’s probably a shock to most noobs. Indicators are not your friend. Get rid of them. All of them. Learn to draw lines of support and resistance and trend. Learn the charts with nothing but what you draw. Don’t even think about indicators.

Then - after you can read the charts and predict the movements - add 1 indicator and learn how it works and how to use it. Only 1! And when I say learn how to use it I mean everything on how it works and customise it to suit what your style is.

And the last point I want to make is this - join a group of traders (not noobs) and find a trader of your style that streams themselves trading live. Watch them. Take notes n how thy interact with the charts, and follow their strat. Then evolve your process from the things you learn from a pro. (Don’t just copy)

Simple stuff hey!? Like super simple. But how you execute your habits determines how simple or hard your making it for yourself.

I won’t be apart of babypips much longer but will try answer questions if anyone has any. Babypips is great to start and learn but given the majority of the content I’ve seen since being here I feel it not for traders and more so people who cannot we past the first tip I layed out.

Anyways happy trading.

 

[DT77]

I like that first sentence

 

[momo3HC]

If you are keen to know about forex trading then you should definitely refer to BABYPIPS. They have a good online course. I am sure it will be of great help.

Of course. Earnforex, Babypips, FPA, Ditto trade (they have even an youtube) all can be very useful.

 

[mandy828]

Baby pips. Also you can see and engage in the discussions happen in the forums to learn more about trading.

 

[TFA]

yeah try to use your broker's education arm. they usually have an online academy

 

[NatureGirl]

hello
im new here and also new on forex trading
iwant to do my first step its to learn trading forex
so guys pleas recommend me best courses and the best youtube chanel that i can learn from and ebooks
comment with your best courses+youtube +ebooks to learn from
thankss

im new here too. found here from twitter and was makin a topic like this so found yours. Tnx

 

[Hyatt5]

If you're just getting started, I'd recommend checking out BabyPips' School of Pipsology—it’s a must for beginners and covers everything you need to know. On YouTube, Rayner Teo and Trading 212 are both solid channels that offer clear and practical advice. For eBooks, "Currency Trading for Dummies" by Brian Dolan is a great start, and "Trading in the Zone" by Mark Douglas is perfect for understanding the psychological side of trading. Good luck, and happy learning!

 

[Zerologic]

If you're just getting started, I'd recommend checking out BabyPips' School of Pipsology—it’s a must for beginners and covers everything you need to know. On YouTube, Rayner Teo and Trading 212 are both solid channels that offer clear and practical advice. For eBooks, "Currency Trading for Dummies" by Brian Dolan is a great start, and "Trading in the Zone" by Mark Douglas is perfect for understanding the psychological side of trading. Good luck, and happy learning!

Babypips School of Pipsology I see many traders recommend this source, with a language style easy to understand, Rainer Teo, I also had fun reading his blog.

 

[NoShowBrooks]

Yea, The School of Pipsology can be a great start. They explain everything in the easiest ways with images and diagrams.

 

[David79]

Yea, The School of Pipsology can be a great start. They explain everything in the easiest ways with images and diagrams.

You can also check Earn forex beginner course. It is also good to start with.

 

[NoShowBrooks]

You can also check Earn forex beginner course. It is also good to start with.

Thanks, will do that!