HOW TO START DAY TRADING FOREX IN 2024 In 5 Simple Steps For Complete Beginners
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- Опубликовано: 19 май 2024
- How to start day trading forex in 2024 takes you step by step on how to start from nothing, covering topics such as what you need to day trade, equipment, what you need to learn, how to create a trade plan...
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TRADING RESOURCES (some may contain affiliate links)
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TRADING SOFTWARE
📈 TradingView charts join here - bit.ly/3QMSV5j
🌎 Recommended trading broker Vantage - bit.ly/49Rwk0i
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TRADING SETUP
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TRADING EDUCATION
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- TIMESTAMPS -
0:00 Intro
0:59 Trading broker
2:01 Technical analysis
2:45 Risk management
3:44 Trading plan
4:33 Backtesting
6:23 New trader Warning
6:59 Next steps
Welcome, future traders! If you've ever dreamt of diving into the exciting world of day trading but didn't know where to start, you're in the right place. In this comprehensive guide, we'll take you on a journey from absolute beginner to confident forex trader in just 5 simple steps.
I hope you enjoy!
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If you enjoyed this video, please LIKE and SUBSCRIBE for more videos! ✔️
Thanks!
Emily
- Mindfully Trading -
// DISCLAIMER
This video is for entertainment and educational purposes only. I am not a financial advisor and I am not telling you where or when to take a trade. I express my personal opinion only. Trading financial markets involves risk. I am not responsible for any losses incurred due to your trading. I do not recommend any specific trade or action, and any trades you decide to take are your own
#forextradingforbeginners #forextrader #howtotradeforex #daytradingforbeginners
I would add that using Trade managers that automatically and quickly calculate lot size helps a lot
It also did a break and retest
more tutorial deep strategy thanks
thanks for vieo Emily god bless you
Thank you 🙏😀
That motherly smile...Love it to see ..along with the trading lifestyle. Its a awesome combination.
Ah thank you! 🙏
Mindfull Sister? It has been longtime. Everything alright?welcome back. Teach us some money making tricks. Let's go.
Hey! All good, just making my family bigger 😅and trading experience greater 😜Hope you're great!
@@MindfullyTrading everything alright but my trading skills are not the best.
Do you know how to prepare the Forex income worksheet for HMRC, such as GBP to USD and then to JPY. Will you make a video about Tax declaration? Thanks
This video talks about tax, but I would recommend getting some advice from an accountant- ruclips.net/video/U-EGeXzQHJo/видео.html
Great video..
Risk management is a double edged sword. If you hold trades outside of liquidity times you'll get stop hunted.
I would actually recommend trading in real money instead of paper..
Paper trading will lead you the wrong way.. once you start trading with real money all that practice gets blown out the window.
Trade with real money starting with less than 100 dollars.
It will teach a very important lesson.
Which is.. can you grow a small account?
Can't agree with you more!
Sharing to my friends who are interested in trading. Ty
Amazing, Thank you 🙏😀
Hi Emily is there much difference in spreads between your prop firm and Vantage?
Stupid question
I’m in the US and Vantage is not available here. What platform would you recommend for a demo account that has just as many features as Vantage?
Have you looked into Oanda? 👍
Happy new year,Emily.I do not understand how you earned money.Ihave been trading for 6 year.Tried lots of stretegies saw thousend video teaching.Eny strategy did not work???
Hi, what is the difference between trading USD/GBP & GBP/USD, which one is better ?
They are the same, just the base currency is reversed. I would say trade GBPUSD since that is classed as the major pair and well known and more people will be using that symbol
OK, thanks, so if my trading account is in USD, does this have any effect?
@@simbaonline No will not make any impact.
I thought you was going to show how to actually trade in forex, a step by step plan and actual strategies??
Is it just me or does audio seem slightly out of sync?
It says Bootcamp starts from $95 whereas High stakes starts from $39. How is Bootcamp cheaper?
Once you pass bootcamp you have to pay $200 to get the funded. It's cheaper in the long run if you blow the challenge so you only pay the rest when you pass.
Remember to grab your FREE Forex Trading Plan here bit.ly/3eJgx6Y
Hey Emi, is it possible to make a living doing only ' day trading ' ? Thanks 🙏