Forex trading is known as one of the most lucrative forms of investments out there but at the same time it is also considered as a very risky investment. I have had my share of forex trading before and it didn't really go well. Where can i get more experience in forex trading?
Best place to learn forex trading investment?
- Thread starter eldavis
- Start date
The best way to get orientation on forex trading is to attend a seminar or training. It could be through YouTube or personally in your city. I am still waiting for the scheduled forex seminar which keeps on postponing dunno why.
I have just completed a full forex course and I must say the experience was quite overwhelming but I am glad I did. Well, I just used word of mouth and I got connected to a profitable forex trader. Now after taking his course and trying the principles I learned on a demo account I want to start trading the live market.
You are right trading is risky investment plan and one of those online trading option is forex trading and yeah its bit risky to invest on that and for starter losing some money from forex trading is expected, but i think in order to learn forex trading i choose YouTube tutorials and its free and easy to learn from YouTube videos.
I see a lot of people using Octafx these days to learn how to trade forex, but I've not tried it. I mostly trade crypto, and a place that will be good to start from my experience should have a simple user interface and possibly tutorials to help you learn even if you were to use another exchange.
You can look for reputable online platforms that offer comprehensive courses specifically designed for beginners or those looking to enhance their skills. These courses often cover various aspects of forex trading, including technical analysis, fundamental analysis, risk management, and strategies.
𝐘𝐨𝐮 𝐜𝐚𝐧 𝐥𝐞𝐯𝐞𝐫𝐚𝐠𝐞 𝐨𝐧 𝐬𝐨𝐜𝐢𝐚𝐥 𝐦𝐞𝐝𝐢𝐚 𝐩𝐥𝐚𝐭𝐟𝐨𝐫𝐦𝐬 𝐨𝐫 𝐜𝐨𝐦𝐦𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐭𝐡𝐚𝐭 𝐢𝐬 𝐛𝐚𝐬𝐞𝐝 𝐨𝐧 𝐟𝐨𝐫𝐞𝐱 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐭𝐨 𝐠𝐚𝐢𝐧 𝐫𝐞𝐥𝐞𝐯𝐚𝐧𝐭 𝐞𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐜𝐞 𝐨𝐧 𝐡𝐨𝐰 𝐭𝐨 𝐭𝐫𝐚𝐝𝐞 𝐟𝐨𝐫𝐞𝐱 𝐛𝐞𝐜𝐚𝐮𝐬𝐞 𝐢𝐭'𝐬 𝐚𝐧 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐭𝐡𝐚𝐭 𝐫𝐞𝐪𝐮𝐢𝐫𝐞𝐬 𝐡𝐮𝐠𝐞 𝐞𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐜𝐞.
Social media platforms and online communities focused on forex trading can be a valuable resource for gaining knowledge and experience in the forex market.
For novices, it's best not to study on websites or YouTube videos, because they are presented in pieces and are not continuous. If you directly attend a seminar, if you don't have the knowledge, you will be even more confused. so the best place to learn forex is a forex course, join a forex community, and practice a lot with demo and real accounts.
