I found the YouTube channel below to genuinely try to provide free live Forex training and professional advice.
Live Forex Trading - EURUSD, AUDUSD, GBPUSD, NZDUSD, USDCAD, USDCHF, USDJPY
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Live Forex Trading
- Eli
- Senior Expert Member
- Reactions: 185
- Posts: 5450
- Joined: 9 years ago
- Location: Tanzania
- Has thanked: 75 times
- Been thanked: 88 times
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"5 Things I Wish I Had Known When I Started Trading Forex"
Summary:
1. Start small;
2. Focus more on risk than profit;
3. Filter out the noise;
4. Stick to one method;
5. Plan to be in the business for long term.
Some more advises from this YouTube video
-Don't copy people's style or strategy. It will drive you mad, you won't know why you're doing what you're doing."
- "My tip would be analyze your losses more strictly than your wins, it teaches you so much more."
- "It's not enough to just “Start Small”. You must understand the relationship between your equity, your margin and your position size to get an idea of how much room you have available for maneuvering with a given trade size."
Summary:
1. Start small;
2. Focus more on risk than profit;
3. Filter out the noise;
4. Stick to one method;
5. Plan to be in the business for long term.
Some more advises from this YouTube video
-Don't copy people's style or strategy. It will drive you mad, you won't know why you're doing what you're doing."
- "My tip would be analyze your losses more strictly than your wins, it teaches you so much more."
- "It's not enough to just “Start Small”. You must understand the relationship between your equity, your margin and your position size to get an idea of how much room you have available for maneuvering with a given trade size."
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