forex new trader

Mar 21, 2019 at 08:23
3,209 Views
54 Replies
Member Since Mar 16, 2021   477 posts
Apr 18, 2021 at 01:03
I have lost a lot in trading but this is not what I have lost from the market. I have tried to learn a lot from surviving in the market. So I’m currently making consistent profits but I’m trying to learn a lot more.
Member Since Aug 11, 2017   886 posts
Apr 19, 2021 at 07:30
You can earn money from Forex trading if you can acquire most powerful analyzing trade knowledge , on the other hand , despite of good trading knowledge that’s not possible at all to lead a profitable trading life without having a reliable support form a credible trading platform, because the broker can affects the result of our trading with certainly.
Member Since Aug 09, 2017   785 posts
Apr 19, 2021 at 08:15
new Forex trader like to trade with high leverage for making profit instantly. But traders who make profit consistency , I don’t think they use high leverage. They way I see it. High leverage gives us the benefits not to worry about margin requirements and one less thing to focus on. Abusing leverage can be costly for traders.
Member Since May 13, 2020   128 posts
Jun 22, 2021 at 05:33
For beginners, the most important thing is to learn the basic concepts.
Member Since Jun 21, 2021   1 posts
Jun 22, 2021 at 12:26
I don't know and I kind of like using strategies and sharing them with successful indicators.
Member Since Mar 17, 2021   536 posts
Jun 23, 2021 at 20:42
Stonesong posted:
For beginners, the most important thing is to learn the basic concepts.
Yes. I agree with you. Learning is the most important thing to survive in this market.
Member Since Jul 19, 2020   751 posts
Jun 26, 2021 at 11:12
New traders always look for an entry. They sit before the charts throughout the day. Indeed, even there are a few traders who can not rest legitimately around evening time. It is terrible. Settle maybe a couple trading sessions and inquiry entry in those sessions in higher time periods.
Member Since Dec 11, 2020   14 posts
Jun 26, 2021 at 12:59
Grooming their mind to be consistent and developing their decision making skills based on logic should be the top most priority for beginners. Because forex trading is all about market emotions and the logical facts underlying in the trades.
Member Since Jul 23, 2020   759 posts
Jul 03, 2021 at 14:11
New traders should start trading with demo account. It is a risk-free account.
Member Since Dec 11, 2020   18 posts
Jul 05, 2021 at 08:14
Taking small steps in trading is very important for beginners. Risking too much money to make quick profits is not a wise thing.
Member Since Jul 23, 2020   869 posts
Aug 07, 2021 at 15:15
It is easy to start trading but hard to become successful in the market.
Member Since Mar 17, 2021   536 posts
Nov 18, 2021 at 07:36
tediousbissa posted:
Taking small steps in trading is very important for beginners. Risking too much money to make quick profits is not a wise thing.
Yes. every new trader should make a good plan to make money from this market.
Member Since Aug 27, 2017   994 posts
Nov 18, 2021 at 10:32
the new Forex trader for all time try to bring profit by using high leverage, but in practice when they try it , fall great trouble. before using high leverage it is more appropriate to make sure real money management.
keeping patience.......
Member Since Apr 14, 2022   37 posts
Apr 25, 2022 at 10:11
A new trader should have a good plan to follow up. As the forex market is very volatile, so to trade well he should practice his trades on a demo account, before entering into live trading. Also, stick to using only one pair when you are starting to trade, so that you do not get overwhelmed with having to trade in different pairs or instruments.
Member Since Aug 05, 2021   401 posts
Nov 17, 2022 at 18:54
Sometimes it's better to do nothing...it's important to learn when and when not to act. Overtrading can be an issue.
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.