Nov 04 2019 at 22:23
mariaartenia posted:jamesgwyther posted:
FPA is good too
FPA? what do you mean? Function Point Analysis?
its not always win technique.
FPA = Forex Peace Army
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Nov 05 2019 at 11:26
expkhaled posted:I think most trader accept that it takes a couple of years to master.
It you want right mind set the just trade with Demo as long as you can. Bcz you can find traders primary level from demo. And gather knowledge step by step and use it in demo. Hopefully within 2 yrs you will find a way to trade. When you are learner about forex plz away from real trade.
Roberto21 posted:
discipline not only a human habit it also a character , to be experienced in discipline we have to be mentally strong first of all, otherwise no way to maintain
Yes true. It is very important to become mentally tough in order to become a discipline trader.
Nov 13 2019 at 23:02
Lots of good advice on here. I’d throw in money and risk management into the mix. Number one thing I always tell new traders :)
Winning...
Nov 20 2019 at 15:11
Get a good trading education
Dont even think about trading with scared money
Paper trading only until you are consustently profitable for a minimum of six months
Journal everything
Analyse your trades daily or at least weekly, understand why
Understand that you cannot even find a trade until you understand how to find value
Understand how to read the tape
Understand that all markets are connected
Understand *why* price moves
Learn to create your own scenarios based upon all the metrics you can derive from price action, volume and intermarket analyses. Then watch your scenarios evapourate or come true. Understand why they did, and you’re ready to begin learning to trade.
Dont even think about trading with scared money
Paper trading only until you are consustently profitable for a minimum of six months
Journal everything
Analyse your trades daily or at least weekly, understand why
Understand that you cannot even find a trade until you understand how to find value
Understand how to read the tape
Understand that all markets are connected
Understand *why* price moves
Learn to create your own scenarios based upon all the metrics you can derive from price action, volume and intermarket analyses. Then watch your scenarios evapourate or come true. Understand why they did, and you’re ready to begin learning to trade.
once you have a proper understanding of how the market works, you’ll need to decide on the kind of trade want to do. The next decision you’ll need to make is choosing the right broker or brokerage firm through which you’ll access the markets. The broker you choose will have a direct influence on the kind of securities you’ll be able to trade, the kind of trading tools you’ll have at your disposal, how much money you’ll pay in fees, and the kind of final returns you can expect on your trades.
Revenue is vanity, profit is sanity, but cash is king
right now honestly speaking learning is not a tough game , in online lots of souses are available and all of is free , you also can take baby pips school if you want.
every time is best in Forex trading if you know how to manage money but for the beginners level it is more appropriate to avoid news trading , its too much complicated to predict the real faction of this market with certainly.
for beginners 1:50 best leverage for avoiding unfortunate loss and risk. before using in live we should use it in demo to see the performance how it works.
In Fx trading, learning is not easy despite of having too many sources including pips school, learning sometimes boning and usually new traders get tempts to start trading without enough knowledge and become fascinated with the way of trading live which may cause laziness and trapped by wishful thinking get rich quickly scheme
