How to Get Started with Forex Trading?
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I'm new to the Forex trading world and looking to get started. I’ve read a bit, but there’s so much information out there, and it’s hard to know where to begin. Could you share some advice for beginners on essential steps to take? Also, what platforms or brokers would you recommend to someone just starting? Any tips on avoiding common mistakes for new traders?
Hello. One thing that really helped me when I was starting out was learning about copy trading. Check more info https://www.weltrade.com/trading/copy-trading/ here. It’s where you can follow and automatically copy the trades of experienced traders. This way, you get to see what strategies work while learning in real-time. Also, as for platforms, I'd say check out ones that offer solid educational resources and demo accounts so you can practice without risking real money. Avoiding overtrading and setting realistic goals helped me a lot, especially in the beginning.