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newcomers trading habit
Jun 03, 2020 at 10:51
Miembro desde Jun 01, 2020
posts 55
Adribaasmet posted:
Forex market or forex trading i think is completely secure but it depends on your broker performance , because without a broekr you cant a trade at all.
You are right, the decision regarding the choice of a broker is very crucial and must be made after a thorough research.
Miembro desde Jun 03, 2020
posts 1
Jun 04, 2020 at 06:57
Miembro desde Jun 01, 2020
posts 55
Roberto21 posted:Exactly. We really need to be aware about the ones which are scam. So double check before choosing one.
Nowadays it’s very difficult to consider a broker as a best broker, because lots of trading brokers are available in retail market place and most of them are found to be scams.
Jun 06, 2020 at 11:52
Miembro desde Dec 29, 2019
posts 21
Before starting I've read couple pages for newcomers and found out for myself a few habits following which might help faster to get enough capital. Firstly you should make a plan? a schedule and follow it. Secondly, invest in yourself, in your education, try everyday to fill your wealth of knowledge. Thirdly you should have a mentor. And finally don't be afraid of make mistakes, the main thing: analyse your mistakes and don't repeat them.
Miembro desde Jun 05, 2020
posts 33
Jun 09, 2020 at 10:40
Miembro desde Jun 05, 2020
posts 33
Dictiony posted:I agree on that! Having a control on emotions is predominant to have success in this market. However, it is not that easy to do that
You must learn how to control your emotions to stay in the market. If you have no control over your emotions then it will be harmful. So always learn skills, and have good rsk mangement will be helpful.
Miembro desde May 15, 2020
posts 8
Miembro desde Jul 19, 2020
posts 318
Aug 27, 2020 at 01:04
Miembro desde Jul 19, 2020
posts 788
Trading requires a lot of patience. If a trader does not have patience, he can never be a successful trader. If you want to be a successful trader, you must test patience. And a lot of greed among new traders. Trading without learning anything is risky and that risky work is done by new traders. Many times they are in trouble with brokers. New traders get a lot of information from brokers. And there are many websites online from where new traders can get a lot of important information.
Aug 31, 2020 at 18:49
Miembro desde Feb 09, 2020
posts 26
I believe that beginners should not focus on future earnings and money but self-development and training. It is necessary to put training in the first place and give more time to the demo account. On this account, you will be able to test trading strategies and gain enough experience to move to a real account.
Miembro desde Jul 20, 2020
posts 298
Sep 01, 2020 at 02:24
(editado Sep 01, 2020 at 02:26)
Miembro desde Jul 20, 2020
posts 298
The new trader never wants to see a loss on his account. They always expect profit which is why they face losses in the Forex market. Even though they do not have real knowledge about trading, they make extra profit. Profitable traders always manage discipline and have the power to cover losses even if they make losses. Because they always follow 1: 2 risk rewards. And aims at much better money management.
Sep 01, 2020 at 07:24
Miembro desde Jul 27, 2020
posts 103
cardigan posted:
3's Over
1. Over Expectation
2. Over Patience
3. Over Confidence
If I might add more, I think it is very important for newbie to learn and have some knowledge about how forex trading works. You just can't start trading without understanding something.
Miembro desde Jul 20, 2020
posts 341
Miembro desde Aug 17, 2020
posts 123
Miembro desde Oct 13, 2020
posts 2
Miembro desde Jul 03, 2020
posts 37
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