You’ve made the decision to learn how to trade - now where do you start?

  • There are thousands of FOREX and CRYPTO courses out there. If your preference is paying for a coach, or course - that’s fine. But know that if you are willing, you can teach yourself.

    For FOREX, start by educating yourself about the basics of forex trading, including how the market works and the different currency pairs available for trading.

    For Crypto, start by gaining a general understanding of how cryptocurrency works and the technology behind it. This will include learning about blockchain and the different types of cryptocurrencies that are available.

    Babypips has a great (free) FOREX and Crypto beginner course to get you started.

    Babypips FOREX Course
    Babypips Crypto Course

  • Develop a strong understanding of technical analysis and chart reading. This will help you identify trends and make informed decisions about when to buy or sell.

    Understand the market: Before you start trading, it's important to understand the market and how it behaves. This includes studying historical price movements, analyzing market trends and studying the factors that can affect the price of different cryptocurrencies.

  • Set clear goals for yourself and develop a trading plan that outlines your strategy, risk management techniques, and exit plan. This plan should also include the amount of capital you're willing to risk on each trade.

    Our indicators can aid in helping you develop your strategy. Part of the package includes our How-To and Best Practices guide.

    Interested in trialing any of our products? Send us a message.

    Learn more about our trading solutions.

  • Research is great, but experience will be your greatest teacher.

    Practice with a demo account before investing real money. This will allow you to test your strategies and build confidence in your abilities.

    Finally, find a reputable broker and don't be afraid to ask questions or seek assistance if needed.

    Trading is not a get-rich-quick scheme. It’s an art that requires commitment and practice.

    Be patient and disciplined in your approach, don't let emotions guide your trades.

  • Going back to the first line item - educate yourself.

    Whether it’s FOREX or Crypto, you need to stay up-to-date.

    Stay up to date on economic and political events that can impact the forex market.

    Keep yourself updated with the latest news, trends and development in the crypto market.

    In addition to learning from reliable sources of news - read books and join a community.

    Books we recommend:
    Trading Psychology Playbook
    The Intelligent Investor
    Candlestick Trading Bible
    The Mental Game of Trading
    The Chimp Paradox

    Join our Discord Community for additional free resources to get you started on your trading journey.

    Reliable news sources:
    Forex Factory
    MyFXBook