Get Started - How should I start on Forex trading?

People with good financial knowledge and understanding of economic fundamentals may have an edge.  However, if you are not planning to trade millions of dollars at one go, then more than likely you would be a technical trader.

A technical trader reads off the chart and put on a trade decision.

IMHO, a technical trader needs to learn proper technical analysis and in fact be really good at it, understanding price action and market sentiments.  It would be pointless to just follow a set of indicators and try to earn some money from the market.  More than likely, you would be the contributor to other people's wealth.

Apart from hard skills, you would also need to understand yourself as a trader.  Your risk appetite, your financial goals, your expectations, your time schedule, etc.  To be a successful trader, managing yourself and your trades are the critical keys.

To begin, you also need to understand what is your own learning model.  Can you do self learning, or you need someone to guide you along.   There are forums, courses, and mentors around.  Look for the right sources and you can begin your learning journey.

Trading is one of the toughest skill to pick up.  Do not expect yourself to be able to do it in couple of days or just in a few weeks. Even if you are thinking of learning trading to help you with your investment decisions, you still need to go through the same path.

I would share as much as possible on this blog, but if you need more help, you can always email me.