Start Trading as newbie
Jun 21 at 20:04
213 zobrazení
12 Replies
Členem od Jun 21, 2024
6 příspěvků
Jun 21 at 20:04
Hi, I want to know how to overcome the fear of first trade. Do I need to require any practice or take any evaluation plan? sugestion welcome..
Educating Traders
Členem od Sep 07, 2019
1 příspěvků
Jun 21 at 20:43
Dave_hendricks posted:Starting with small amounts can take care of the fear and help you get familiar with the emotions around trading
Hi, I want to know how to overcome the fear of first trade. Do I need to require any practice or take any evaluation plan? sugestion welcome..
Členem od Jun 21, 2024
6 příspěvků
Jun 21 at 21:06
Ok, thanks for the suggestion. lot of things in mind like strategy, indicators, platform, etc. Feel bit confused
Educating Traders
Členem od Dec 17, 2023
1 příspěvků
Jun 23 at 01:24
Dave_hendricks posted:start learning with babypips.com and free content on youtube... if you want i can be of assistace
Ok, thanks for the suggestion. lot of things in mind like strategy, indicators, platform, etc. Feel bit confused
Členem od May 08, 2023
80 příspěvků
Jun 23 at 20:33
There is not much that can help you with that, except experience and acceptance, when you trade there will be losses as well.
Členem od Feb 12, 2016
92 příspěvků
Jun 24 at 10:33
Dave_hendricks posted:Reduce position size to the level where you don't afraid to lose, can afford to risk the stake, etc. Then gradually start to increase it, reflecting over your own emotional responses.
Hi, I want to know how to overcome the fear of first trade. Do I need to require any practice or take any evaluation plan? sugestion welcome..
Členem od Jun 21, 2024
6 příspěvků
Jun 25 at 20:09
I have taken the Evaluation plan from Wall Street Funders. That's amazing. Has anyone tried it?
Educating Traders
Členem od Jun 21, 2024
6 příspěvků
Jul 05 at 17:28
Yeah Learning from youtube is good idea. Who is reliable broker to start with?
Educating Traders
Členem od Nov 11, 2022
23 příspěvků
Jul 05 at 19:54
Dave_hendricks posted:If you are still learning these fundamentals (strategy, indicators, etc), I would suggest starting with a demo account. Once the fundamentals are understood and you can be consistent on a demo, then move on to live trading.
Ok, thanks for the suggestion. lot of things in mind like strategy, indicators, platform, etc. Feel bit confused
Členem od Nov 11, 2022
23 příspěvků
Jul 05 at 19:58
Dave_hendricks posted:I personally like forex.com. Other brokers I like are PlexyTrade and FxSway.
Yeah Learning from youtube is good idea. Who is reliable broker to start with?
Členem od Feb 12, 2016
92 příspěvků
Jul 07 at 10:52
Dave_hendricks posted:Overcoming the fear of the first trade involves preparation and mindset. Start by thoroughly understanding your trading strategy and practicing with a demo account to build confidence. When you feel ready, begin with a small position size to minimize risk and focus on the process rather than the outcome, viewing it as a learning experience.
Hi, I want to know how to overcome the fear of first trade. Do I need to require any practice or take any evaluation plan? sugestion welcome..
Členem od Apr 14, 2022
37 příspěvků
Jul 15 at 07:23
Dave_hendricks posted:YouTube is fantastic, free resource for all. While starting out can be tough, good brokers like IG and Fxview offer great educational content, including webinars, blogs, and videos to help beginners. I used Fxview when I was a newbie, and it was helpful.
Yeah Learning from youtube is good idea. Who is reliable broker to start with?
Členem od Aug 13, 2024
14 příspěvků
Aug 20 at 13:20
Dave_hendricks posted:If you have fear before your first trade it is normal, but before you decide to enter a trade on a real account try trading on a demo account for a few months or until your fear disappears and you start to feel your strength.
Hi, I want to know how to overcome the fear of first trade. Do I need to require any practice or take any evaluation plan? sugestion welcome..
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