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.