Adribaasmet posted:Mohammadi posted:
as a newcomer , learning Forex now already easy actually because many source we can learn and read from these sources , yes Baby pips is almost popular website among trader to learn Forex on school tab section , but also will very important while learn on theory also use demo account to practice .
I think; watching video tutorial is much effective way than reading any trading eBook; it’s my personal experience! But no doubt, popular FX forums are playing very important role here!
Well according to me, its all about personal preference. Some understand it better with books, while for others your idea may be better. Can’t say anything as such.
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.
Nov 04 2019 at 18:09
Saying 'best trade' is meaningless. Being a good trader is about consistency not getting lucky with a single trade
Nov 04 2019 at 22:34
'Best Trade' could mean a lot of different things to different people.
For some it could simply mean a ticket that has a large number of +PIPS profit, for others it could have been a series of trades providing coverage of bad tickets with good tickets which ultimately provide for an aggregate profitable basket.
Success and Best are subjective to ones own viewpoint. :)
For some it could simply mean a ticket that has a large number of +PIPS profit, for others it could have been a series of trades providing coverage of bad tickets with good tickets which ultimately provide for an aggregate profitable basket.
Success and Best are subjective to ones own viewpoint. :)
If it looks too good to be true, it's probably a scam! Let the buyer beware.
for best trade learning is of course important , no way to deny but without regular practice it is just useless.
Nov 07 2019 at 08:11
pullpotential posted:
Saying 'best trade' is meaningless. Being a good trader is about consistency not getting lucky with a single trade
Exactly. There’s no point of a great trade today and consecutive losses the following days. So its better to aim at consistency for profits than the best trade.
for best trade MM is most important. due to lack real money management is the foremost reason to loss for beginners , i don't agree , it a part behind losing but the main problem is the revenge trading that comes from emotions.
still the newcomers should trade all kind of pair in demo or micro account to see the real performance , this approach is very supportive to increase knowledge very rapidly. e is no answer , sounds not good and active.
Roberto21 posted:
still the newcomers should trade all kind of pair in demo or micro account to see the real performance , this approach is very supportive to increase knowledge very rapidly. e is no answer , sounds not good and active.
Maybe; but I think traders need to start with 2-3 trading pairs initially ; because gathering too much knowledge would be overloaded for the newbie’s!
Don’t focus on multiple pairs in your early stage! In my demo, I started with only EURUSD and lately added GBPUSD.
according to me, most important trading tips dont depend on your trading strategies completely, i lost much equity for that. result of our trading its all about temporary session., nothing without it at all.
demo is a place to prove yourself how can you handle trading strategies you have , so, don't ignore the demo , you suggest 3-4 months to stay in here , its a long time for beginners level to keep patience in here, that's why i prefer minimum 1 months for that.
the best trade is every trade i have!
I absolutely agree that a demo account for a trader is a very important stage. At least when I started working with a broker from AMarkets, I also devoted time to a demo account.
Best trade is that works according to your plan. To open a trade you should have specific plans to execute. Without plan we should not trade.
UweMoench posted:
Best trade is that works according to your plan. To open a trade you should have specific plans to execute. Without plan we should not trade.
in some moments it may just be lucky, but such luck happens extremely rarely
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