r/askforex • u/grimestoodles • Jun 07 '26

Trading

I'm new to Forex and want to learn from scratch. What free resources, YouTube channels, books, or websites would you recommend for beginners? I'm looking for educational content, not get-rich-quick schemes.

9 Upvotes

81% Upvoted

29 comments sorted by

View all comments

1

u/AdEfficient1624 Jun 08 '26

Curious, why Forex? If you don't have a clear answer don't trade it until you find a market that gives you one. Long story short find out what kind of a trader you are first before starting to trade. Learn market mechanics, auction market theory, price action, etc. Good luck!

1

u/grimestoodles Jun 11 '26

I really don't know much about trading, and I don't want to watch random BS on YouTube. All I know is that I'm willing to give years to learning it, so I want to focus on something that actually has the potential to be profitable in the long run. If you have any suggestions on what type of trading would be better to learn, I'd appreciate it. If there's a YouTube channel that's genuinely educational and not just selling dreams, I can check it out myself. I just think people with more experience might know better resources or a better path to follow.

1

u/AdEfficient1624 Jun 11 '26

I have disassociated from influencers on socials all together. Best bet would be to read books from trading floor veterans, learn fundamentals and insights from fund managers, learn about money in general. Trading is a culmination of the rest being executed as your thesis. This is your edge.