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Beginner's Tips
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Member Since Aug 11, 2017 630 posts
Mohammadi
Nov 28 at 08:50
for beginners education in Forex is very easy , pips school free for beginners but difficult to keep continue , mostly lost interest after passing sometime. so it is more appropriate to keep discipline when learning.
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Member Since Nov 08, 2019 13 posts
downtown
Nov 30 at 10:31
AdrianG001 posted:
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. You have said it nicely. I would also add a small suggestion to use babypips to learn more about forex topics. |
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Member Since Oct 30, 2019 1 posts
Flong
Nov 30 at 13:56
It's okay if you lose interest after a failure. We are all human beings and sometimes emotions prevent us from moving forward. It seems to me that there are two ways of acting in such a situation. Firstly, you can give yourself some time to rest and decide if you really want to do trading. Sometimes it is useful to take a step back and look around. Secondly, you can just make yourself continue working right now. I know that a lot of people are helped by motivational videos or articles that tell about successful traders who have already achieved high results. It seems to me that each of us was in a situation where failure was so frustrating that you lost your goal. I'm sure everything will work out. Good luck with any decision you make.
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Member Since May 02, 2019 153 posts
Roberto21
Dec 09 at 09:45
The beginner should use demo account minimum for three months, sometimes many brokers organize demo contest with real money prizing. Newcomers can join here. It could be great to acquire real trading exeprince.
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Member Since Aug 05, 2017 269 posts
jamesgwyther
Dec 09 at 13:44
Roberto21 posted:
The beginner should use demo account minimum for three months, sometimes many brokers organize demo contest with real money prizing. Newcomers can join here. It could be great to acquire real trading exeprince. 3 months at least |
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Member Since Dec 09, 2019 4 posts
feelsofine
Dec 10 at 06:45
One thing about demo account is that it helps you to understand your trading strategy...with correct one, it can show you positive output of your trading journey
Another thing is do not be dishearten if you are not making profit..it happened, infact loss are the best teacher to grow your knowledge.. Keep your heads up and try your best with prepared risk management |
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Member Since Aug 11, 2017 630 posts
Mohammadi
Dec 13 at 09:41
We loss for many reasons , one of the most common reason is immature trading plan or target , this approach always make us emotional and greedy , as a result we trade here at random and become loser . we it is more appropriate to make trading plan according to practical situations.
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Member Since Aug 09, 2017 400 posts
Imamul
Yesterday at 08:53
we beginners should choose the brokers in cool mind, we have to choose the broker which is more appropriate to the concept of trading of trading that will be used , the traders who are particularly scalpers have to choose the broker which allows trading concept such as this.
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