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Professional trading tips for beginners
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Dagdakelv

Member Since Jan 26, 2020  11 posts Dagdakelv Oct 30 at 11:19
Beginners need to get the whole side of forex before they even think about taking it to the next step because as much as they tell you that you can make a lot of money from forex in a short while you also need to understand that you can lose a lot of money in the same time time period.

Dagdakelv
SofieAndreasen

Member Since Jul 23, 2020  147 posts SofieAndreasen Oct 31 at 17:46
Michihito posted:
Most of losses happen in trading by emotional decisions. You need to control your emotions while trading. It is a difficult task but possible. It requires time. No habit develops overnight. We need determination and dedication.

Yeah. Every trader should know about trading psychology. However, trader cannot learn that in demo trading.

ElliotCooke

Member Since Jul 20, 2020  221 posts ElliotCooke Nov 20 at 18:59
Every new trader should learn all the basics of forex before entering into this risky market.

Bunaya

Member Since Nov 05, 2020  10 posts Bunaya Nov 23 at 06:45
Still do not forget to prepare emotionally and psychologically, believe me, this is really very important.

FirstHero

Member Since Sep 19, 2019  6 posts Henry (FirstHero) Nov 23 at 12:41
How many are those who once again remind that psychology is important, and without knowledge it is better not to start.

Guys, a newcomer already knows about the risks, about psychology, about knowledge when enters the forum. This future trader probably already went all the way of doubt when decided to start trading and had already read about psychology many times. Do you think this will help?
Nope

Give the necessary advice, such as 'do not open a long reversal trade near the support of the downtrend', 'always calculate the stop loss in advance, and compare it with the acceptable risk in the current market', 'you talk about greed but do not advise withdrawing profits at least to cover initial deposit', ' you are talking about psychology, but you are not saying that you should first accept losses as part of the trader's path'

Do not be greedy and invest in your business as much as you can.
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