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Which is the best YouTube channel to learn forex trading?

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Which is the best YouTube channel to learn forex trading?

3 Best Forex Trader YouTube Channels

  • No Nonsense Forex. 272K subscribers. Subscribe. Trading Forex For Beginners – The No Nonsense Forex Way. Info.
  • Rayner Teo. 1.41M subscribers. Subscribe. The Ultimate Candlestick Patterns Trading Course (For Beginners) Info.
  • Trading 212. 829K subscribers. The Stochastic Oscillator Explained. Info.

How can I teach myself to trade forex?

Trading Forex for beginners summarized

  1. Learning the basics (currency pairs)
  2. Learn the software (MT4, MT5)
  3. Learn with demo accounts.
  4. Find a reliable service provider.
  5. Use the service provider’s resources such as tools and guides.
  6. Try out the support services of the provider.
  7. Learn about strategies and try them all out.

What is the number one trading channel on YouTube?

1. Warrior Trading. From the channel: “At Warrior Trading I teach people how to make a living trading stocks!

How long does it take to learn forex trading?

It will typically take on average around 1 year for someone to learn to trade forex. The technical side can be learned within a few weeks, but the risk management and psychology will take around a year to come to grasps with. The majority of traders give up before ever learning to consistently trade the markets.

Is forex good for beginners?

đź’» When it comes to its web platform, Forex.com might suit the needs of beginners: User-friendly. Good customizability (for charts, workspace). Good variety of order types. Overall, this platform may be an optimal choice for beginners.

Is forex trading good for beginners?

There are several reasons forex can be an attractive market, even for beginners who have little experience. This means that traders can get into the market at any time of day, even when other more centralised markets are closed.

Who is the best forex trader to follow?

George Soros. George Soros studied in the London School of Economics and Political Science and graduated in Philosophy and whilst at school, he started making trades.

  • Joe Lewis.
  • George Van Der Riet.
  • Paul Tudor Jones.
  • Martin Schwartz.
  • Ref Wayne.
  • Stanley Druckenmiller.
  • Alexander Elder.

    • Who is the best day trader on YouTube?

    Best YouTube Day Trading Channels

    1. Warrior Trading. 222K subscribers | 21 million views.
    2. Chris Dunn. 200K subscribers | 7 million views.
    3. Trading 212. 178K subscribers | 93 million views.
    4. Crypto Coin News. 126K subscribers | 8 million views.
    5. ClayTrader.
    6. Trade Empowered.
    7. Adam Khoo.
    8. Institute of Trading.

    How can I Learn Forex trading?

    The Best Way to Learn Forex Trading Use a Micro Forex Account. The downfall of learning forex trading with a demo account alone is that you don’t get to experience what it’s like to have your hard-earned Learn About the Currencies You Trade. To get started, you’ll also need to understand what you’re trading. Manage Risk and Emotions.

    How to trade Forex for beginners?

    Know the Markets

  • Make a Plan and Stick to It
  • Practice
  • Forecast the “Weather Conditions” of the Market
  • Know Your Limits
  • Know Where to Stop Along the Way
  • Check Your Emotions at the Door
  • Keep It Slow and Steady
  • Don’t Be Afraid to Explore
  • Choose the Right Trading Partner for You

    • What is the Best Forex trading strategy?

    Trend trading is often considered the best swing trading strategy for Forex . With this type of trading, the trend to spot is being able to clearly see prices going up and down more like steps rather than in a more linear fashion. This technique also looks to take advantage of bullish trend lines.

    What is foreign exchange trading?

    A foreign exchange or forex trader is a type of investor that focuses his or her portfolio on the foreign currency exchange market.