forex new trader

Mar 21, 2019 at 08:23
3,211 Views
54 Replies
Member Since Aug 09, 2017   785 posts
Oct 23, 2019 at 15:52
newcomers should learn Forex trading step by step , otherwise any valuable learning approach can be useless , advanced level is long far.
Member Since Apr 18, 2017   920 posts
Oct 30, 2019 at 10:29
Roberto21 posted:
as a newcomer i was successful with BB in demo but when kicked off a live account , this approach not worked as like before , it was my experience about BB.

Hello; what’s the update of your live account? Till now working your BB?
Member Since Oct 22, 2019   8 posts
Oct 30, 2019 at 12:46
No, We can still make money for a living from currency exchange. As long as your system has anti news system. It is good to use.
Never stop learning from strangers.
Member Since Mar 03, 2019   57 posts
Oct 31, 2019 at 11:51
Imamul posted:
i think , newcomers shouldn’t focus on his winning trade percentage, he or she always have to emphasis to minimize risk and never trade with emotions.
very true
Member Since Mar 03, 2019   57 posts
Oct 31, 2019 at 11:51
Professional4X posted:
New traders should focus on Risk Management above all else.
agree 100%
Member Since Aug 11, 2017   886 posts
Dec 07, 2019 at 03:13
as a newcomer only learning cant help you
at all without having a regular practice.
so keep focus on practicing besides learning.
Member Since Aug 09, 2017   785 posts
Dec 09, 2019 at 10:06
for newcomers best trade depends on your money management , if you know how to manage money , then there is very good chance to bring profit by using any trading techniques.
Member Since Oct 22, 2019   33 posts
Dec 11, 2019 at 11:49
Professional4X posted:
New traders should focus on Risk Management above all else.
True. Risk management is the cornerstone of forex trading.
Member Since Aug 11, 2017   886 posts
Dec 12, 2019 at 06:24
when a newbie starts Forex there is no ability to control emotions and a strong mentality to keep continue learning. for that reason i think a guidance very much important.
Member Since Mar 18, 2019   98 posts
Dec 12, 2019 at 16:19
Mohammadi posted:
when a newbie starts Forex there is no ability to control emotions and a strong mentality to keep continue learning. for that reason, i think a guidance very much important.

this is true and why it highlights the importance of patience needed into dedicating time to learning and practising on demo before diving into a live account with real money and losing it real fast
Member Since Aug 11, 2017   886 posts
Dec 15, 2019 at 07:11
as a new Fx trader Confidence is needed but over confidence is will harmful, sometime because over confidence then leading trader being greedy in trades, and dare to take high risk in trading witch actually the market very dynamic and not always after trader open trades then will directly get profit
Member Since Jul 20, 2020   341 posts
Aug 27, 2020 at 17:26
If you are new in this market, you should have proper knowledge about the market and trading. You can gather all kinds of knowledge about the forex market from a demo account. It will help you to learn all the basics of forex properly and perfectly.
Member Since Apr 13, 2018   35 posts
Aug 27, 2020 at 21:09
@saurabhjoshi why so poetic..??? i still cant get if ur taking about sticking to discipline, which i'll surely agree
or
if ur taking about baby sitting ur trades, which i wont agree to.
Indicators are so deceiving, always lagging. Trend lines & Calendars are the best.
Member Since Jul 19, 2020   788 posts
Aug 28, 2020 at 02:42
There is a lot to learn if you want to trade. It is never possible to make a profit with a little education in trading. Trading cannot be done if proper knowledge is not about trading. I have done a lot of research on trading and after doing so much research I have been able to make some profit. There is some time management for trading, there is no time to trade all the time. I analyze the Tokyo session and open the trade at the London session. Those who are new to trading need to gain a lot of knowledge online.

Member Since Jul 27, 2020   103 posts
Aug 28, 2020 at 07:44
It is always good idea to start with demo trading which can tide you over your trading process and having some knowledge thanks to some courses, I would go for babypips school of pipsology, to start it off with.
Member Since Apr 15, 2020   83 posts
Aug 28, 2020 at 09:59
Learning to regulate and predict risks will only give a positive moment to your trading.
Member Since Jul 20, 2020   232 posts
Nov 03, 2020 at 20:33
All beginners should choose the best regulated broker from the market. There are so many fake brokers in this market. So, they should be very careful about choosing the broker for them.
Member Since Nov 02, 2020   36 posts
Nov 04, 2020 at 06:53
EbonyJones posted:
All beginners should choose the best regulated broker from the market. There are so many fake brokers in this market. So, they should be very careful about choosing the broker for them.

I think you are right. Choosing the right broker is really crucial to the success of any trader.
Member Since Mar 17, 2021   536 posts
Apr 10, 2021 at 15:56
Shelby10 posted:
Every new trader should be very serious about their trading. A small mistake can put them in great danger.
Yes. If you take this lightly, you may face a huge loss.
Member Since Mar 25, 2019   21 posts
Apr 15, 2021 at 09:50
if you are depositing huge huge amounts then be picky. if it's up to a few k i would just go with the best package offered. I've seen crypto brokers trading and withdrawing 24/7 , with better leverage than the regulated broker. seen some with no spread no commissions so go with what you feel like suits you
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