Who can teach me basics of forex?

<p id="isPasted">There are dozens of steps that people have to take in order to truly call themselves a Forex trader. Most of these steps are taken when people are trading Forex for beginners’ status or are trying to exit it with some knowledge already under their belt. &nbsp; To summarize the whole beginner’s phase of starting to trade Forex we need to look at exactly 10 major steps that a beginner has to take. &nbsp;</p><ol style="list-style-type: decimal;margin-left:26px;"><li>Learning the basics (currency pairs)</li><li>Learn the software (MT4, MT5)</li><li>Learn with demo accounts</li><li>Find a reliable service provider</li><li>Use the service provider’s resources such as tools and guides</li><li>Try out the support services of the provider&nbsp;</li><li>Learn about strategies and try them all out</li><li>Create a plan for reading news and doing independent analysis</li><li>Keep weekly track of the progress</li><li>Start placing real trades</li></ol><p>Beginners usually take things step-by-step so that the learning material is always manageable.&nbsp;</p><p>Forex trading is extremely difficult for beginners, as it requires hours of time every single day to stay up to date on news, new strategies, and all the necessary material. It's not something people can do in a week. It could take months or even years.</p><p>Trading is a never-ending learning process, even for the most experienced traders.</p>

<p id="isPasted">You can start by reading good books like “Trading in the zone” second you can go through every possible psychological learning you can because many people don’t realize but Psychology is the most important in Trading.</p><p>You can also take help from Trading training courses. Stock trading courses and Forex training courses on trading are also one of the simplest ways to learn Forex trading for beginners. All sorts of investment experts and Trading gurus hold various Forex seminars and Forex training courses for beginner traders and with proper research, you can find the right ones and Join.</p><p>As a professional Forex education platform, Forexway is committed to providing systematic Forex knowledge and courses to traders, covering beginner, advanced and expert levels. Launched in 2018, nearly 200 Forex articles and 100+ original animated videos are produced, which divide Forex knowledge into Primary, Secondary, and University levels, including basic Forex terminologies, economic indicators, fundamental analyses, technical indicators/analyses, and trading strategies/psychology.</p>

<p id="isPasted">There are many resources available for learning the basics of forex trading. Here are a few options:</p><ol><li>Online Courses: Many reputable online platforms offer courses on forex trading. These courses can provide a comprehensive introduction to the basics of forex trading, including how to read charts, technical analysis, and risk management.</li><li>Books: There are many books written by experts in the field of forex trading that provide an introduction to the basics of forex trading. Some popular titles include "Currency Trading for Dummies" by Brian Dolan and "Forex Trading: The Basics Explained in Simple Terms" by Jim Brown.</li><li>Trading Academies: Some trading academies offer courses on forex trading for beginners. These courses often provide hands-on training and mentorship from experienced traders.</li><li>Webinars: Many forex brokers offer free webinars on forex trading for beginners. These webinars can provide an introduction to the basics of forex trading and offer tips and strategies for success.</li><li>Practice Accounts: Many forex brokers offer demo accounts that allow you to practice trading with virtual money. These accounts can be a great way to get hands-on experience with forex trading without risking your own money.</li></ol><p><br></p><p>In addition to these resources, it is important to do your own research and learn from reputable sources. Forex trading involves a high degree of risk, so it is important to understand the basics and develop a sound trading strategy before risking your own money.</p>

<p>There are online courses, trading academies, books, and YouTube channels that can teach you the basics of forex trading. It's important to choose a reputable source and practice on a demo account before trading with real money.&nbsp;</p>

<p>To learn the basics of forex trading, you can take online courses, read forex books, join forex forums, access broker education resources, and focus on understanding currency pairs, reading charts, and managing risk.</p>