How to Start Forex Trading for Beginners Step by Step in 2024 | Full Guide

Learn how to make anywhere from $4,000 to $6,000 per month trading forex

MY only instagram VERIFIED are @ fxalexg and @ swingtradinglab

lets gooo stay tuned for all educational videos about forex and how to become a profitable trader.

In order to become a profitable trader, it is important to know all the basic concepts, as well as the tools and features they have.

This is what literally, has taken my where I am today, in addition with the strategy I've developed through the year.

In this video, I teach you how to master the most important tools I use to make money trading, and use them as a professional, so you can make money too.

How to Start Forex Trading for Beginners Step by Step in 2023 | Full Guide
00:00 Intro
01:30 What is Forex?
02:16 Where Does the Money come From in Forex?
03:32 What is Trading View?
05:50 Trading View Graphs Overview
10:25 What is Meta Trader? And What Features does it Have?
17:15 Best Brokers in the Market
19:52 How can you Make Money with Trading?
20:52 Executing your First Trade
27:17 Analysis Before Taking the Trade
30:31 Executing the Trade in Meta Trader
33:50 Risk Analysis in Baby Pips
36:31 Choosing our Lot Size and Stop Loss
39:13 How to Close a Trade?

STANDARD DISCLAIMER:
The foreign exchange market and currency trading is highly speculative in nature and as such, currency prices may become extremely volatile. You may sustain a total loss of your funds.

Foreign exchange trading carries a high level of risk and may not be suitable for all investors. Always consult a financial professional before making any investment decisions.

It is possible you will sustain a loss of some or all of your initial investment. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results.

Individual results vary and no representation is made that you will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, andSwing Trading Lab LLC and/or Alex Gonzalez.

For further information, please review our Terms of Use, Privacy Policy, and Risk Disclosures.
CFTC RULE 4.41- Hypothetical or simulated performance results have certain limitations.
Unlike an actual performance record, simulated results do not represent actual trading.

Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, including but not limited to, lack of liquidity.

Simulated trading programs in general, are also subject to the fact that they are designed with the benefit of hindsight.

[CameronFussner]

Biggest lesson i learnt in 2024 in the Forex market trading is that nobody knows what is going to happen next, so practice some humility and follow a strategy with a long term edge.

[MegatPage]

Becoming a skilled trader requires dedication and patience. When I initially started trading, I faced liquidation twice and lost my entire mortgage deposit. Despite the setbacks, I chose to persevere, learn, and apply trading strategies. Now, four years later, I'm grateful for that decision.

[lindaperez-guerrero]

I`m new to the forex market. Every stocks that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the opportunities so far. I believe having $450K yearly income would be a good investment so I want to plug all my savings into the market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good asset to buy and losing all the good opportunities.

[ChristienvanLoon]

The year 2024 is a year for each and everyone of us to make a fresh start, by making passive investments for a more stable and doubled income

[NdiataKasanda]

*Successful people don't become that way overnight. What most people see as wealth, a great career, purpose is the result of hard work. 🤑🤑*

[DavidHorak-bclk]

Success usually comes to those who are too busy looking for it. If you're willing to do business or become an investor then you will be rich. Any one that reads this message will be Favored.

[Joegolberg]

I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Walter James HEnry

[dellone]

Best intro I’ve seen on YouTube to actually show exactly what you need Thank you and I would like that join this community

[jasminelanders]

Hands down best forex video I seen so far. Thank you for being articulate, speaking clearly and making things super simple and showing and providing examples. God bless you

[meerimmalakanova]

Wow this is what I was searching for. Thank you very much!

[RobertVincentJeremiah-regv]

This is what I been searching for thank you bro bravo bravo

[gken]

IM CUBAN TRADIND UNDER YOU KEEP DOING WHAT YOU DOING IM GLAD SOMEONE IS, THANK YOU ALEX

[creamdonutco]

Best video so far I ever found on forex for beginners.

[AgustincitoQuinones]

In two weeks studying this is the only video explaining everything in the best way thanks 🙏🏽

[MillieMaldonado]

Trading is mental game, that is why most people lose money because they cannot control their emotions. Because the prevalent idea of our culture is to effortless indulge and focus on their own pleasure and wellbeing, but controlling your emotions is unpleasant and painful and that is why most traders lose money because they don't want to meet the pain. That is why there is so many drugs, alcohol, obese and fat people, broken marriages and adultery.

[marcusgichuhi]

Bro you the best, love you man keep up your work ❤️🔥

[mateosantiago]

I'm under pressure to grow my reserve that currently holds about $350k. I'm down by 20% already following the crash and I fear I could lose more.

[DanandVon]

I really love this video. Great job man. You just gained a subscriber

[EmmanuelAyeniTV]

thank you Alex for this great clip for newbies and a good refresher for intermediate traders

[edubwes]

Thanks for showing us this. I’ve been trying to learn more and how to make my first trade but never knew about the pips and how to do it