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Beginner's Tips
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AmDiab

Member Since Apr 18, 2017  674 posts AmDiab Mar 11 at 14:53
New Forex traders should concentrate on only demo, I mean learning! Without proper trading knowledge, it’s quite impossible to be a good performer!

AniLorak

Member Since Apr 18, 2017  885 posts AniLorak Mar 13 at 11:13
for beginners Practice is important; I see new traders judge their trading system too early; it is another reason behind this popular statistic!

Dwane47

Member Since Mar 04, 2020  17 posts Dwane47 Mar 13 at 11:34
Demo is good but learning from demo alone wont help, trade less in live. Start Building strategies as well.

AmDiab

Member Since Apr 18, 2017  674 posts AmDiab Mar 13 at 11:39
for any traders Money Management is important; you have to make sure your base line; I am talking about the trading strategy here! Fixed & keen trading system is the key.

TrendReversals66

Member Since Mar 21, 2020  4 posts Thomas Lawson (TrendReversals66) Mar 22 at 23:45
Using a good profit to loss ratio (2:1, 3:1, 4:1) helps you to get an edge on winning long term. Even if you have a strategy that brings you a 50% win rate you will still be in profit long term.

Cizel89

Member Since Mar 23, 2020  37 posts Cizel89 Mar 25 at 07:39
Start low; patience and practicality is the key.

Betty_60

Member Since Jan 20, 2020  35 posts Betty_60 Mar 27 at 07:03
Cizel89 posted:
Start low; patience and practicality is the key.

That's a really good advice; short and accurate.

Roberto21

Member Since May 02, 2019  319 posts Roberto21 Apr 18 at 14:20
as a beginner if any newcomers dont use stop loss, of course he will fall a great loss , because without stop loss it looks a condition , a ship in an ocean without a rudder. so its your choice , take it or leave it.
 

Poolut

Member Since Nov 30, 2019  10 posts Poolut May 01 at 13:39
I feel the same way about newbies. A lot of them come to the forum and they're like, 'Oh, how do you do stuff here, give me some advice!' And you don't even know what to write back to this question. Yes, when they ask some general questions, that's great. When they ask questions like 'What leverage do I have to choose' or 'How much money do I deposit', it's just something... It's like they don't understand that there are more personalized questions, that more difficult to answer without knowing the information about the trader himself.

feelsofine

Member Since Dec 09, 2019  37 posts feelsofine May 02 at 04:23
Poolut posted:
I feel the same way about newbies. A lot of them come to the forum and they're like, 'Oh, how do you do stuff here, give me some advice!' And you don't even know what to write back to this question. Yes, when they ask some general questions, that's great. When they ask questions like 'What leverage do I have to choose' or 'How much money do I deposit', it's just something... It's like they don't understand that there are more personalized questions, that more difficult to answer without knowing the information about the trader himself.

I think despite these questions...we can try to help them out..It is not we are being forced to do so...if you do not want to answer, you can ignore it...atleast that's how i see it.

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