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Beginner's Tips
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Imamul

Member Since Aug 09, 2017  520 posts Imamul May 13 2019 at 09:35
for beginners shouldn’t focus on his winning trade percentage, he or she always have to emphasis to minimize risk and never trade with emotions.

harnick

Member Since Apr 29, 2019  9 posts harnick May 14 2019 at 06:32
Imamul posted:
for beginners shouldn’t focus on his winning trade percentage, he or she always have to emphasis to minimize risk and never trade with emotions.

so true. beginners mostly trade without proper risk management which is why they end up losing.

Mohammadi

Member Since Aug 11, 2017  788 posts Mohammadi May 14 2019 at 10:59
From this market place so many traders fail despite of having powerful trading strategies, because they have no proper money managing plan. the success in Fx depend on money management , so we the traders who are particularly beginners have to emphasis on money managing plan besides acquiring good trading knowledge.

Imamul

Member Since Aug 09, 2017  520 posts Imamul May 14 2019 at 12:26
according to me, Beginners shouldn’t invest their real money here! They should invest their time first, yes learning is the main job for novice traders, and they should start their learning from technical-fundamental-sentimental! If they start from sentimental then they would lose their momentum so easily! I see, generally all of novice traders are too hurry, so please don’t expect here instant result!

Treeny

Member Since Feb 08, 2019  134 posts Treeny May 19 2019 at 06:05
Imamul posted:
according to me, Beginners shouldn’t invest their real money here! They should invest their time first, yes learning is the main job for novice traders, and they should start their learning from technical-fundamental-sentimental! If they start from sentimental then they would lose their momentum so easily! I see, generally all of novice traders are too hurry, so please don’t expect here instant result!


Exactly, no need to invest real money when you can use demo money.

sgtmarkets

Member Since Mar 01, 2017  10 posts SMD Ashik (sgtmarkets) May 19 2019 at 10:05
Before start trading, you should follow 15 ways https://www.topasiafx.com/blogs/how-to-choose-best-forex-brokers-2019

sharifsajir03@
Mohammadi

Member Since Aug 11, 2017  788 posts Mohammadi May 28 2019 at 09:55
I have seen mostly brokers don’t allow scalping in their trading platforms. So we the traders who are particularly scalpers have to choose our broker carefully. First of all we have to ensure brokers trading spreads , actually without lowest trading spreads that’s not possible at all to make profit with certainly in spite of having good trading knowledge .

forex1999

Member Since May 28, 2019  9 posts forex1999 (forex1999) May 28 2019 at 14:09
Before starting is very important read about risk reward ratio. Trading is risky, but you can management risk and not loss money

DeutschDom

Member Since May 22, 2019  11 posts DeutschDom May 29 2019 at 05:50
not just risk reward ratio but also actual monetary risk in $$$. So many people start trading with 1Lot thinking that means $1 per pip and then lose big time

momo3HC

Member Since Oct 20, 2018  139 posts momo3HC Jun 02 2019 at 11:50
Treeny posted:
Imamul posted:
according to me, Beginners shouldn’t invest their real money here! They should invest their time first, yes learning is the main job for novice traders, and they should start their learning from technical-fundamental-sentimental! If they start from sentimental then they would lose their momentum so easily! I see, generally all of novice traders are too hurry, so please don’t expect here instant result!


Exactly, no need to invest real money when you can use demo money.


Sure. Even experienced traders are using demos for testing new strategies.

momchil_slavov@
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