Ah Reddit… it is a beautiful playground of serious chats and threads for memes. The real question here is what are some of the best Forex Reddit pages to follow for information?
Reddit pages can be a great resource for information and overall connection, but as with all forums, they should be taken with a pinch of salt being that as with many places that allow for opinions to run the show, not all information may be fully accurate.
Photo Credit: Tech Life
The first Forex Reddit page recommended is /r/Forex, it is a Forex Trading Community. This page is run and owned by FXGears.com, so it is not a general chat forum and is founded by an industry leader.
This page welcomes you with a pinned post by FXGears to allow you to ask any question on why something is happening or if you need a greater understanding on a topic. Posts are broken down by topics that include charts and setups, questions, memes and more.
This page then establishes itself as a great resource for both information and connecting with the Forex trader community.
In addition to posts, this Forex Reddit page also has a direct link to Wiki and a direct link to be able to chat with FXGear’s live chat on their own site.
/r/Daytrading is not a Forex exclusive Reddit page, but does include a good amount of Forex based posts. The bulk of the community posts here o revolve around day trading stocks.
This page also has a direct link to wiki with information on other pages and books. There are clear outlines for this page with posting rules in regards to how many posts are made a day and the type of posts that can be done.
Although these rules are nice, it still leaves the same note as any other page being to be careful of the opinions of others and know not everything is fact or one-hundred percent truth.
/r/algotrading is another potential Reddit page to follow to join the trader community. This page is another that will have a variety of traders, but do have some Forex traders as well. This reddit page involves traders that use algorithms to make their executions.
As a bonus, this is another community that was created by FXGears, so as with their other page there is also a direct link to their live chat for any questions you may have.
/r/Investing is a wider scope of post type and may take a little digging to find Forex based posts, but for the diversified investor this is a decent Reddit community to join.
This page does have moderators, but is much more of a playground for opinions and random posts as long as they relate to investing whether that be stocks, bonds, or Forex.