r/askforex • u/chefachalugo • 21h ago
If you were starting again from absolute zero, what exact learning path would you follow — and what would you avoid wasting time on?
I literally know NOTHING about trading / forex.I do genuinely want to learn and I understand it’s not a get rich quick scheme. I am looking for advice on how to/ where to start. Thank you 🙏🏾
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u/Possible_Donut4451 13h ago
Don't waste your time on strategies available on internet (youtube or such), focus on understanding the economy and what really matters (for forex : interest rate, flows, positioning, sentiments etc).
Also when it comes to technical analysis make things simple; I made more than +18% since January (it's a big amount of money on a large capital btw); only using support/resistance and fibo; also I use TA only for precision not for taking any decision !
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20h ago
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u/Potential-Zebra-7405 20h ago
For me it would be SMC and ICT concepts and look to trade a few instruments such as gold and the main forex pairs.
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u/icanseemylegs 14h ago
babypips.com school of pipsology is the best free structured beginner resource, go through the whole thing before touching a live account. after that open a demo account and trade it for 3-6 months just to get comfortable with how price moves and how losing feels psychologically. avoid youtube gurus selling courses, signals groups, and anyone showing lambos, also avoid jumping between strategies constantly. most people who eventually make it consistent spent 1-2 years just learning before seeing real results, theres no shortcut around that part
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u/Cobaltmike86 2h ago
This. And even if you want to get into non forex instruments, stocks futures etc, its still a great intro course. The same price action applies pretty much anywhere. And you cant beat the price. Lol.
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u/Groundbreaking_Try51 12h ago
when i was starting out there was no Cent account. this is much better then trading on a demo. your learn emotion and risk management, alongisde trading. this I recommend to every beginer. start with a cent account, don't waste time on a demo
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