YOU WANT TO BE A FOREX TRADER? WHAT ARE THE STEPS..

So you here about forex market but you don't know where to start let's go to school then 🙂.

Before you jump into the pros and cons of forex market everything you will learn or do you must think LOGICALLY, put that adrenalyn of curiosity high up like a little baby. Ask the "WHY" question all the time, be a student all the time.

Below are some of the basic fundamental of what forex market consist of;

-What is forex 

-Why trade forex (As a person what is your blueprint on why do you want to trade forex)

-Who is the player in forex (who's control the market) 

-Time to trade forex 

 

-Types of Analysis 

-Types of chart 

 

-Support and Resistance (S&R)

-Japanese Candlesticks

-Popular Chart indicator (optional)

-Important chart pattern  

-Market conditions

-Multiple timeframe analysis 

-Fundamental analysis 

-Currency crosses (Correlation) 

-Market Sentiment 

-Risk management 

-What type of a trader are you

-Developing your own plan 

-Create your own trading system 

-Keeping a trading journal 

ALL THE ABOVE ARE THE BASICS 😢

To be an expert to this industry may take you minimum of 3 to 5 years of hard work and dedication. and am saying this backed by my experience (still am no expert). So it may take you 1 of 2 years but at the end of the day what will define you as a pro trader is WHO YOU ARE. 

RECOMMENDED BOOK 

Currency Trading For Dummies 2nd Edition By Brian Dolan

LogicFxTz... ✍️