Getting Started with Forex

A practical roadmap to go from zero to a structured demo plan—without overcomplicating it.

Step 1: Learn the basics

  • What a pip is and how spreads work
  • Market sessions and typical volatility
  • Why leverage increases risk

Step 2: Understand order types

Start with market orders, stop-loss, and take-profit. Avoid advanced order types until you can explain them clearly.

Step 3: Create a simple demo plan

  • Pick 1–2 major pairs (e.g., EUR/USD)
  • Risk a small fixed % per trade (e.g., 0.5%–1%)
  • Journal every trade and review weekly

Risk disclaimer

This guide is informational only and not financial advice. Trading leveraged products involves significant risk.