How To Start Trading Forex For Beginners In 2024 Step-By-Step Guide

In this video, I offer a detailed guide for beginners on how to start Forex trading in 2024.
Timestamp and Chapters for Video
00:00 - Introduction
00:10 - What is forex Trading
00:58 - Creating Trading View Account
02:11 - Adding the Best Forex Pairs
03:13 - Setting Up Your Charts
03:39 - Different Styles of Trading
04:38 - Time frame Explained
05:37 - Best Tools For Marking Up Charts
07:17 - understanding the Position
07:40 - Indicators
09:25 - Explaining Candle Sticks
13:32 - Up Trend, Down Trend, And Consolidating Markets
14:52 - How To Open Up A Demo Account on MetaTrader4
17:34 - Types of Trades
18:30 - Lot Size Explained
19:44 - Stop Loss & Take Profit
20:53 - Position Size Calculator
23:45 - Trading on demo Accounts
25:08 - 50% off Code + Free links
27:34 - My personal Experience And Advice

I simplify the process of Forex trading by demonstrating how to analyze the strengths of currencies and decide when to buy or sell. I guide you through setting up a TradingView account, selecting the appropriate currency pairs, and emphasizing the importance of choosing a trading style that suits your personal preferences. Additionally, the video covers techniques for analyzing charts, using tools like trend lines and Fibonacci for market analysis, and the crucial role of understanding candlestick patterns for successful trading.

The video is about "How to start trading forex in 2024: A Step-by-Step Guide" but also tries to cover the following subject:

Forex Market Basics
TradingView Platform Guide
Currency Pair Analysis
TITLE : How To Start Trading Forex In 2024: A Step-By-Step Guide | FX Carlos

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✅ About FX Carlos:

Welcome to my Forex Trading channel, a hub for both beginners and seasoned traders seeking insights and strategies in the world of foreign exchange. Here, we delve into market analysis, trading techniques, and real-time currency fluctuations, providing valuable tips to navigate the forex market successfully.

Subscribe and join our community of traders on a journey to financial proficiency, where we decode complex trends and empower you with knowledge for informed trading decisions.

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forextrading beginnersguide 2024 stepbystep tradingview chartanalysis riskmanagement

Disclaimer: The content provided on this channel is for informational and educational purposes only and should not be considered as financial advice. We do not accept any liability for any loss or damage which may arise from reliance on information contained in our videos. All viewers should conduct their own research and due diligence or consult a professional financial advisor before making any trading decisions.

Copyright Disclaimer: Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use

© FX Carlos

[FXCARLOS__]

I know I said LONDON USES THE EURO it was a mistake 😂 I am human 💀 and THE FOREX FUNDER IS NOT ACCEPTING U.S CLIENTS AT THE MOMENT

[Justinfred]

In trading, possessing technical analysis skills is not sufficient on its own; discipline and emotional maturity play crucial roles in achieving success. Embracing the mindset of "time in the market vs. timing the market" proves valuable, especially during market fluctuations. I attribute my growing daily earnings to Walter James Henry's valuable insights and daily trade signals, coupled with my commitment to continuous learning, managed to grow a nest egg of around 127k to a decent 532k. Kudos to the journey ahead!

[glemzilla]

I’m 18 and I know college isn’t for me and I don’t want to slave away to a 9-5. I’ve been trying to learn how to day trade for about a week or so and this really helped. Thank you.

[ChurroFX_]

I literally know all of this already but still watched till the end to support you my dawg love your videos 🔥

[KeefusCollard]

Literally started learning this stuff last night. I lost my jol last month but I live at my parents so it's not too bad I have like 1100$ left, and next month bills are already paid. Hopefully this could be my full-time job since I can't get another one for almost 50 days

[erickfabian]

thanks bro..i Knew everything in the video but watched to the end because your number 1 person in the industry.

[wecppcr]

Man same here I remember him at almost hitting 2 k followers and now almost 20 k. Keep going because you taught me a lot and hopefully can do the same effects for others who's willing to put in the time and work as well. I remember Carlos from broke to now rich, Pushing B and humble. 3:33

[YardBoiLuis]

Finally, someone I feel I can relate to on a personality level.

[bongaparr]

Thanks alot for beginners, trying to pull in all together at once. GOD bless you.
👍

[richhands]

My three favorite channels: FX Carlos, Stock Brotha, & MambaFx. Make my week complete! 🔥 🔥 🔥

[jaycarrillo]

I can't wait to join your course bro, just waiting on my paycheck to hit and just do a little more research on how to read candle sticks, how to actually set up a trade, and how to calculate pips.

[BigwillFX]

Bro you explain everything simple! Ived been following you for a while keep up the good work! 👍 Nothing but love my g

[wahmmydakidd]

This has been the best adventure Carlos I appreciate this and cant thank god enough for helping me get to your channel

[APhilTrades]

Was waiting for your next vid! We need more frequent vids bro! You always come through with the heat ❤‍🔥

[williamwilfong]

Hello, I have been reading and listening to alot of people online, But, MAN!!! You broke things down, I learned more in this video than I have watching in months of trying to research the trading game. I wish I could get some one on one time with you, but I'm just out her for now trying to learn.

[kyskiiifilmed]

yoo this video is mad helpful this is dead straight to the point please make more videos like this!

[jerithedwards]

Bought your course last week. Locked in a billion in a vault.
Great video. 💯💯

[checkerquintana]

Profitable because of you my boy making big checks ty Carlos Mad love hermano 🐐🐐 🇲🇽

[ARIV]

Nice video, easy to understand !!!! Keep killin it Carlos

[ShanellIsShanney]

There’s no other YouTubers giving away gems & actually teaching it to where it makes sense.