🔰 What is Forex Trading?
Forex (foreign exchange) trading is the buying and selling of currencies to make a profit. It's one of the largest financial markets in the world.
📘 Forex Basics
- Currency Pairs: EUR/USD, GBP/USD, USD/JPY etc.
- Pips: Smallest price movement in a currency pair.
- Leverage: Trading with borrowed funds.
- Spread: Difference between the bid and ask price.
💡 Getting Started
- Open a demo account with a broker.
- Learn basic technical and fundamental analysis.
- Practice with candlestick patterns (e.g., Doji, Engulfing).
- Use a risk management strategy (e.g., 1-2% per trade).
📊 Tools for Beginners
- MetaTrader 5 (MT5)
- TradingView for charts
- Forex Factory for news
🎯 Tips for 2025
- Stay updated with global economic news.
- Use AI tools to analyze trading patterns.
- Avoid overtrading—quality over quantity.
🎥 Free Beginner Video Course
Watch this free video course on YouTube:
🚀 Ready to Start Trading?
Click below to open a trading account with a trusted broker and start your forex journey: