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Beginner's Tips

Nov 11 2020 at 11:20
75 posts
Every new coach needs to understand that this is really a job that requires focus and that you need to be very attentive and consistent.
Nov 11 2020 at 13:38
718 posts
i like to depend on Forex , because its really a royal business than others. generally we the take Forex as money making place  and this greed comes from making profit from demo account. 
Nov 23 2020 at 06:26
65 posts
While choosing a broker for your requirements, make sure you consider your requirements before anything.
Nov 23 2020 at 13:10
920 posts
i always try to learn from m y past mistake ,
because i do believe the only way i have that cam make prefect one from all. 
Nov 23 2020 at 13:59
46 posts
When we learn from our mistakes, we gain much more experience and confidence in our trading.
Nov 24 2020 at 06:06
298 posts
mistake is very common i do agree ,
 but when the same mistake happens again and again then we can consider this habit as personal choice .
Nov 24 2020 at 06:23
1 posts
Hi, where I cam watch online news, when Lagard is speaking or some other central banks?
Nov 24 2020 at 12:32
119 posts
Tradelist45 posted:
mistake is very common i do agree ,
 but when the same mistake happens again and again then we can consider this habit as personal choice .

Indeed, making the same mistakes is not a desire to correct and analyze them.
Nov 24 2020 at 12:36
718 posts
success is not easy we know very well but still we try to bring success with no learning , as a result we become loser when try to make it in practical.
Nov 25 2020 at 09:26
104 posts
Beginners, just one tip for you. Do not start without proper knowledge. This market has too much to explore and learn and without proper know-how, one cannot achieve anything here. Many traders just trade on hit and trial, which never gives good earnings in the long run. So, it is most important to do the best as far as learning is concerned.
Dec 06 2020 at 11:07
232 posts
A beginner should choose a regulated broker to trade in the market. There are so many brokers in the market. Some are good and some are bad. So, be careful at the time of choosing your broker.
Dec 07 2020 at 06:15
718 posts
having a losses is very common attitude and there is no one who can avoid it in spite of having most powerful analyzing trade knowledge and experience.
Dec 07 2020 at 06:29
920 posts
newcomers should choose the broker which is more appropriate to the concept of trading that will be used , if love doing scalping should choose the broker which allows trading concept such as this.
George joseph (georgejoseph257)
Dec 08 2020 at 08:13
9 posts
Practise makes you perfect.
Having a mentor helps in any field you choose.
Choose the correct mentor with proven track record.
Only 2-5% forex traders are successful long term. It's not easy money. You need to work for it.
Work smart by investing in correct mentor, practising on a demo account for few months until you make profit on consistent basis, use stop loss before entering in the market.

Invest in a safe broker.
I use forex peace army to check the rating of a broker before i invest money in them. Anything below 3/5 , i wont invest in them.
Brokers i use are keytomarkets, darwinex, pepperstone.

I used to do manual trading. Now, i only does EA trading ( removing emotions out of the equation and getting discipline in return). EA is turned off completely on high impact news days.

If you are lucky to have a mentor, you might achieve your goals earlier or ATLEAST wont loose lot of money investing.
I did have a mentor/teacher though who taught me the basics. However i moved on from him since his goal was only to achieve around 5k per year. I learned from many institutions online , youtube channels etc. I paid an institution once only to ask for a refund as their strategies didn't pan out. I don't think hardly anyone would teach profitable strategies free of cost or for a low charge. Forex is a trillion dollar industry. Why teach their own trillion dollar strategies for small price. PAMM would be a better option safe guarding their property. If you decide to have a mentor, please check his myfxbook record first.

A professional trader supplements their income by providing basic lessons on teamviewer, youtube channel, PAMM accounts , copy trades , making forex bots,indicators etc..

All the best.


Financial freedom
Dec 08 2020 at 15:58
32 posts
My advice to beginner broker would be to learn about the forex market, keep it slow and practice in demo till you gain the confidence to start live trading.
Dec 09 2020 at 06:32
81 posts
AmDiab posted:
having a losses is very common attitude and there is no one who can avoid it in spite of having most powerful analyzing trade knowledge and experience.

Correct. Its not possible to avoid it altogether, however the frequency of losses can be reduced with hard work and practice.
Dec 09 2020 at 08:22
55 posts
Indeed, losses are inevitable, just learn how to minimize them and make them more normal.
Dec 12 2020 at 03:27
886 posts
Knowledge is the key to success in Forex. There is nobody who can make success from here without knowledge . so we have to emphasis on acquiring real trading knowledge and we can get most powerful analyzing trade knowledge by passing a long time. Otherwise that’s not possible at all.
Dec 12 2020 at 05:42
994 posts
Forex traders who think always its easy money-making process, at the end of the day be a loser. its not a place to make money easily within rapidly, its all about making good knowledge and experience.  take it or leave it. decisions is yours.  thanks 
Dec 13 2020 at 04:54
994 posts
success is a big deal in this market place because most of the traders who are particularly beginners always become a loser . so be careful guys when trading into this . good luck 
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