There's quite a few really good traders on this forum. Finding one that wants to mentor you might not be as easy though. IMHO, your best bet is to find a few threads and participate, read and ask questions. Find a thread that "fits" you and is active during the time you trade.
Here's a few tips: trade one pair in one direction and never risk more than 4% of your account per trade. One trade at a time. No more.
I'd also recommend that you spend time and create your own trading method, one that you understand. Create it and practice it on a micro account. After a few weeks it may need tweaked, after a few months it may be ready for an increase in lot or unit sizes. Be patient. Be VERY selective in your trades. Remember, there's always another trade.
Good luck.
Here's a few tips: trade one pair in one direction and never risk more than 4% of your account per trade. One trade at a time. No more.
I'd also recommend that you spend time and create your own trading method, one that you understand. Create it and practice it on a micro account. After a few weeks it may need tweaked, after a few months it may be ready for an increase in lot or unit sizes. Be patient. Be VERY selective in your trades. Remember, there's always another trade.
Good luck.
DislikedHello Folks, This is my first post so please be easy with me. I shouldn't be here. I have no formal qualifications and come from a typical Glasgow working class background. However, for some crazy crazy reason I have always been drawn to the financial markets. In 2001 I opened my first trading account with £1000. This lasted for 18 months before wipeout. I learned many lessons ( I always keep a trading diary and note my errors).
2003 I was back in. I traded Indices,shares and commodities. Sometimes, I would have a look at currencies but never...Ignored