How To Trade Forex For Beginners in 2024 (Step by Step)
Learn how to make $5,000-$10,000 per month trading forex 👉 https://jeafx.com
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Forex trading is a massively profitable skill that can bring you time, location & financial freedom when mastered. In this full beginners guide to forex I take you through every step of the learning journey & show you how to build a profitable trading career for yourself! Learn how to take profitable trades & master forex trading, even if you have ZERO experience.
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Chapters:
00:00 - Introduction to forex trading
01:00 - What is Forex?
01:27 - When can you trade forex?
01:54 - What do we trade?
04:35 - 'Bullish' & 'Bearish'
06:13 - Flexible trading styles
07:31 - Trends
07:56 - What is a PIP?
08:38 - Technical analysis & fundamental analysis
09:37 - Risk management
10:26 - Brokers
11:25 - Spread explained
12:12 - What is commission?
12:50 - Lot Size
13:54 - Leverage explained
15:27 - What is margin?
16:10 - Setting up a trading account
16:46 - MetaTrader 5
17:05 - Different market orders
18:10 - Stop Loss orders
18:40 - Take Profit
19:12 - Risk vs Reward
19:44 - How much money do you need?
19:58 - Prop firms explained
20:57 - Tradingview charts
21:17 - Trading Psychology
22:48 - Live Trade Examples
23:21 - Charts & Candlesticks explained
24:03 - Trend direction
24:37 - Supply & demand zones
25:34 - Low timeframe entry
27:00 - Trade entry, stop loss & take profit
29:19 - Real Trade Examples ($18,000 profit)
29:40 - Learn more about my $21,000,000 Strategy
29:50 - Start Making $10k/month trading
