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New Traders Forum

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Greed is poison

By Dictiony Apr 05, 2020 at 01:19

Too much greed can lead to impulsive or risky decisions. Moreover, when traders are driven by greed, you may be more likely to take on excessive risk or to ignore potential warning signs in the market. This can increase the chances of losing money, and can ultimately undermine the long-term success of a trading strategy.

74 Replies 3,733 Skatījumi

Pēdējais ieraksts no binarysumo22 Dec 28, 2022 at 06:29

How often does the market change?

By socks Nov 30, 2015 at 08:11

The market changes very frequently. The knowledge when to change your strategy according to market conditions comes with experience. But I must say to beginners that when you cannot find the right price range or favourable condition for your strategy to make a profit, for at least a maximum of 3 months, it's time to make changes and modify your...

28 Replies 1,825 Skatījumi

Pēdējais ieraksts no Potatory Dec 28, 2022 at 06:21

Day Trading Techniques/Strateges-Beginners Guide.

By forex_trader_1786937 Sep 23, 2020 at 14:48

Hi there! As a newbie, I advise you first learn about the forex market before you start trading. Fundamental analysis means analysing news relating to social, economic, and political fields that can directly or indirectly affect the price movements of the currency pairs. On the other hand, technical analysis means observing a wide range of historic...

22 Replies 1,508 Skatījumi

Pēdējais ieraksts no Potatory Dec 23, 2022 at 09:55

Have a plan and stick to it

By chrish9070 Apr 10, 2016 at 18:42

Yes, it can be challenging at first. But if beginners are determined enough to trade according to their plan and are consistent in their approach, they will profit.

78 Replies 3,544 Skatījumi

Pēdējais ieraksts no Vomitoryy Dec 20, 2022 at 11:42

How long should I start to trade after studying?

By Miki_Bao Aug 20, 2019 at 10:22

Yes I practised in a demo account and every trader should do that too! I believe it is one of the most crucial steps in the trading journey. It helped me strategize my moves, gain experience, and sharpen my trading skills without putting any real money at risk.

76 Replies 3,842 Skatījumi

Pēdējais ieraksts no jambeau Dec 20, 2022 at 10:48

Is demo trading enough before real account?

By lucie_fxtrader Dec 30, 2015 at 14:46

Demo trading is an excellent way to hone your trading knowledge and skills. You can also try out different trading strategies to see which ones work best for you. Definitely, this will prepare you for live trading. However, keep in mind that results on a demo and live trading accounts rarely match. So when entering into live trading, start small.

283 Replies 10,906 Skatījumi

Pēdējais ieraksts no Salsitude Dec 19, 2022 at 11:29

Importance of demo trading

By Mohammadi Oct 17, 2017 at 06:32

Before trading on a live account, trading on a demo account makes a trader learn how to interpret charts and analyse the market. It also helps traders with learning trading psychology and risk management and refining their trading strategy.

128 Replies 5,735 Skatījumi

Pēdējais ieraksts no Vomitoryy Dec 16, 2022 at 09:30

Newbie wannabe Trader

By chachaman Jun 05, 2020 at 01:55

Having technical and fundamental analysis skills are very important for trading the market. Long- term trading depends more on Fundamental approach whereas, short term trading depends more than technical approach.

63 Replies 3,308 Skatījumi

Pēdējais ieraksts no Bransle Dec 12, 2022 at 10:36

how is it for "PropFirm"

By TANVIRMAHMUD Dec 06, 2022 at 11:14

hello, bro can you manage my FTMO ?

7 Replies 415 Skatījumi

Pēdējais ieraksts no RumayatMuqtadir Dec 09, 2022 at 02:44

How many pips a day ?

By walpandree Nov 09, 2018 at 10:47

Every tradershouldrely on multiple strategies at a time to confirm a signal. But traders are hardly fond of it.

117 Replies 6,422 Skatījumi

Pēdējais ieraksts no Akasuki Dec 05, 2022 at 09:38

Time and pracrtice.

By Imamul Mar 08, 2019 at 09:00

The holding time of a trade is directly connected to the trading styles! Swing traders need to hold their trading positions for a while; so it’s not a bad option!

76 Replies 3,854 Skatījumi

Pēdējais ieraksts no Baccasa34 Dec 05, 2022 at 07:59

How to Avoid Forex Losses In Forex Trading?

By tts_markets Aug 04, 2020 at 11:48

Broker choosing is a brain-churning issue for those who have large amount of capital and want high security from a broker.

63 Replies 3,145 Skatījumi

Pēdējais ieraksts no Baccasa34 Nov 26, 2022 at 09:07

New trader here! Can we do funding and withdrawals with multiple currencies?

By garrychristians Oct 15, 2020 at 09:38

Depends on the broker, I'd reach out to anyone you're considering or you're current broker to get a specific answer.

22 Replies 1,862 Skatījumi

Pēdējais ieraksts no HeavLeighGill26 Nov 17, 2022 at 19:01

Hello everyone

By Mikelsius Aug 25, 2017 at 10:51

Hello! Wishing you luck as you move from demo to live!

43 Replies 2,264 Skatījumi

Pēdējais ieraksts no HeavLeighGill26 Nov 17, 2022 at 18:58

New in forex trading

By wleverts Apr 23, 2017 at 06:52

Hello and welcome! I think manual trading is best...most EAs only work effectively for a period of time. It's best to learn for yourself than to rely on that,

121 Replies 5,323 Skatījumi

Pēdējais ieraksts no HeavLeighGill26 Nov 17, 2022 at 18:57

forex new trader

By saurabhjoshi Mar 21, 2019 at 08:23

Sometimes it's better to do nothing...it's important to learn when and when not to act. Overtrading can be an issue.

54 Replies 2,680 Skatījumi

Pēdējais ieraksts no HeavLeighGill26 Nov 17, 2022 at 18:54

Newcomers and their greediness

By Mohammadi May 22, 2020 at 05:48

Greed is never good for traders. I think a lot of beginners also have unrealistic expectations. They get greedy and feel like they should be making money more quickly, so they act without thinking. Of course, greed can affect traders of any skill level.

71 Replies 3,471 Skatījumi

Pēdējais ieraksts no HeavLeighGill26 Nov 17, 2022 at 18:44

How to become a funded trader

By PinkuBD Nov 13, 2022 at 14:03

If you are either new to trading looking for exciting opportunities of a more seasoned trader ready to take your next big step and maximize your profits and rewards for your trading skills and acumen, then access to a funded trading account and the massive capital it puts to your disposal may perhaps be your way forward.The problem is that most suc...

0 Replies 374 Skatījumi

Pēdējais ieraksts no PinkuBD Nov 13, 2022 at 14:03

How do you choose VPS for your Forex Trading?

By AayushiShah Nov 12, 2022 at 11:31

There are some parameters that traders should consider while purchasing Forex VPS, like: 1. Lowest pricing2. Choose low latency server nearest to your broker's server3. Must have 99.9% uptime4. Security services5. Must support all trading platforms6. 24x7 Support7. Offer a money-back guarantee8. Provide multiple server locations For your uninte...

0 Replies 312 Skatījumi

Pēdējais ieraksts no AayushiShah Nov 12, 2022 at 11:31

The dark side of forex markets

By viiveknaiir Feb 22, 2021 at 09:11

The highly volatile nature and difficulty in depicting the market movement is the dark side of the forex market. However, with proper understanding and good trading skills traders can take advantage of the volatility to make profits.

70 Replies 3,988 Skatījumi

Pēdējais ieraksts no Caricology Nov 10, 2022 at 09:41

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.