How do i into Forex?
Any tutorials or YouTube channels/playlists/series that can help a newbie start?
>>1609221
Many think Forex is the hardest thing to make any money trading so you're probably wasting your time.
1. Have money
2. get a fx broker
3. study trends
4. do a currency pairing
5. Leverage to suit your own risk tolerance
6. PROFIT
>>1609221
babypips.com/school
>>1609221
try forex4noobs youtube channel
>>1609221
babypips is good for tutorial
Investopedia has a forex simulator you can try your hand at
Good luck anon, I'm learning myself
if you don't have an applied math/statistics background then forget it. fucking gamblers pretending to be brokers.
>>1609222
Who the fuck thinks that?
>>1609221
How much time do you have? You're going to need a lot of time for studying.
How do you actually get the leverage part of trading?
Does it automatically give you the max leverage with every trade, do you have to call up and ask for each individual trade, or is there some thing i just cant find (meta-t4) where you can type it with each trade?
>>1613281
If your leverage is 50:1 and you have 3k, you can use 150,000 automatically.
>>1613281
It's an account-level setting. You can have multiple accounts at a broker, each with their own leverages set for different pairs. You can either change it from the broker's website interface, or you can just call them up.
>>1613398
>>1613795
Thanks, i thought it would work in a way that i say i want to use $400 at a certain leverage, with $100 left in the account, if i lose $400 in the trade it automatically closes and any few dollars extra if it moved too quickly before it finalized be taken from the rest of the account.
I didn't think i would have to calculate stop losses with every trade