Forex Trading - Beginners

General
1

So I want to start Forex trading

I know the risks involved so let’s save that discussion for somewhere else.

I will not be trading large sums of money, I’m thinking of starting small ($50) and try to build up equity ($1500) from there I will only use what ever profit I make for new trades.

I’ve narrowed it down to only trade XAU/USD

I’m playing around with a demo account but if anyone has some info or links on where to learn more, please share.
Please share any tips, links, videos etc

To reiterate I want to make some money on the side, aiming to eventually make $20 to $50 a day to supplement my main income.

2

If you’re serious about forex trading, focusing on proper risk management and having a reliable trading plan is key. Keeping track of how brokers handle orders is just as important - execution speed and routing can impact your trades. Checking resources like https://blackeaglefg.com/routing/ can help you understand how orders are processed, which might give you an edge in making better trading decisions.