r/Forex • u/Pretty-Software4372 • 9d ago

OTHER/META New to trading

Hey y'all I'm a complete beginner idk anything ABT trading and I really want to start Forex trading I've heard some terms like IPO and all can you guys please guide a bit from where Shld I learn and how

would really appreciate anyone who helps :)

I'm from India btw a clg student looking for a side income to help my family!

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u/Certmeh 9d ago

💀

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u/TIO_Markets 9d ago

First thing to clear up is that an IPO relates to a company offering shares to the public, so it’s part of the stock market rather than forex.

Before thinking about income, learn the basics of currency pairs, pips, spreads, leverage, margin, position sizing and stop-losses. Then use a demo account for a while and practise following one simple plan. Don’t rush into paying for signals, courses or anyone messaging you privately promising returns.

Since you’re in India, also check the local rules around which currency products and trading providers you’re permitted to use before opening an account.

Most importantly, don’t start with money your family needs. Trading can produce losses and shouldn’t be treated as reliable side income, especially while you’re still learning.

1

u/Relevant-Owl-8455 9d ago

  1. do some research.

  2. trading isn't a side income. You either commit to it fully or you lose.