Trading forex and CFDs with leverage is incredibly risky and requires substantial knowledge and practice.This guide explores the various methods you can start learning forex and highlights the red flags to look out for ( and there are many). You should always exercise extreme caution when trusting others with your money.
Naive investors are routinely sucked in by educational courses and YouTube videos showing helicopters and fast cars all paid for by "trading". Unfortunately, the financial services industry is notorious for attracting unscrupulous characters who prey on inexperienced investors.Most people require an interactive learning experience to interact, ask questions and get feedback from teachers and other students. Simply reading books and watching YouTube videos isn’t enough for many aspiring traders.Day trading forex and other financial markets aren’t something you can study at university it’s somewhat of a niche skill that you will most likely study online or at specialised seminars.Finding impartial and reputable sources is a challenge. Not only is the topic itself challenging to master, but there is an overabundance of information.
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