New to Trading - Help please

 

Hi Guys,

Have just joined this forum. I have just taking the step to begin my trading journey and have completed a course on IG.com and learning from Bapybips.com as well. 

I have opened a Demo account and MT4 platform. Can anyone advise if I should be practicing while I am doing the course and where do I start please?

Thank you

 
New in the trading world need a advice
New in the trading world need a advice
  • 2021.11.13
  • genatakz
  • www.mql5.com
Hello guys, so im new in the trading world and im wondering can someone tell where shall i start learning,is there a sites that i can study or do y...
 
Thank you
 
ulhaqa:

Hi Guys,

Have just joined this forum. I have just taking the step to begin my trading journey and have completed a course on IG.com and learning from Bapybips.com as well. 

I have opened a Demo account and MT4 platform. Can anyone advise if I should be practicing while I am doing the course and where do I start please?

Thank you

Yes, you should practise as you study. Getting used to seeing the behaviours of different instruments & identifying set ups will make whatever you are learning concrete. You could also test out ideas that come to you based off what you learn. Even if you just trade of your gut, getting a small taste of the emotional rollercoaster that comes with winning & losing will get you acclimated to what you'll experience when you have skin in the game.

 
If you're new to trading, it's important to start by understanding the basics. Begin by learning about different asset classes, such as stocks, forex, commodities, and cryptocurrencies. Familiarize yourself with key trading concepts like market orders, limit orders, and stop-loss orders. Additionally, research technical and fundamental analysis, which help in making informed decisions. Start with a demo account to practice without risking real money. Lastly, set realistic goals, manage risk, and educate yourself continuously to avoid emotional trading and make smarter investment choices.
 
peol solutions #:
If you're new to trading, it's important to start by understanding the basics. Begin by learning about different asset classes, such as stocks, forex, commodities, and cryptocurrencies. Familiarize yourself with key trading concepts like market orders, limit orders, and stop-loss orders. Additionally, research technical and fundamental analysis, which help in making informed decisions. Start with a demo account to practice without risking real money. Lastly, set realistic goals, manage risk, and educate yourself continuously to avoid emotional trading and make smarter investment choices.

I've learnt at using the demo accounts and working out the dynamics which can be very unpredictable, but really is exciting being in the similar page as learning as you go being positive until one thing clicks is my best advice. So much that is the metatrader, coding editor and the terminology is great to dive into
 

Your bet is right. Start practice while you learn. Trading is a practical skill not merely theoretical.
However to succeed in trading, you need to learn a lot on your own and from others.

In the end you are responsible for your own success. Best of wishes to you. 

 
Oladimeji Ogunseye #:

Your bet is right. Start practice while you learn. Trading is a practical skill not merely theoretical.
However to succeed in trading, you need to learn a lot on your own and from others.

In the end you are responsible for your own success. Best of wishes to you. 

thank you
 
peol solutions #:
If you're new to trading, it's important to start by understanding the basics. Begin by learning about different asset classes, such as stocks, forex, commodities, and cryptocurrencies. Familiarize yourself with key trading concepts like market orders, limit orders, and stop-loss orders. Additionally, research technical and fundamental analysis, which help in making informed decisions. Start with a demo account to practice without risking real money. Lastly, set realistic goals, manage risk, and educate yourself continuously to avoid emotional trading and make smarter investment choices.

thank you

 
peol solutions #:
If you're new to trading, it's important to start by understanding the basics. Begin by learning about different asset classes, such as stocks, forex, commodities, and cryptocurrencies. Familiarize yourself with key trading concepts like market orders, limit orders, and stop-loss orders. Additionally, research technical and fundamental analysis, which help in making informed decisions. Start with a demo account to practice without risking real money. Lastly, set realistic goals, manage risk, and educate yourself continuously to avoid emotional trading and make smarter investment choices.
thank you