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For Newbie
Member Since Jun 12, 2021
132 posts
Dec 30, 2021 at 10:20
the beginners always try to bring profit with high leverage but in practically
there is no way to make profit by using high leverage without most powerful analyzing risk management.
there is no way to make profit by using high leverage without most powerful analyzing risk management.
Member Since Jul 23, 2020
696 posts
Dec 31, 2021 at 17:37
By focusing on the process rather than the financial profit, traders can avoid stress and maintain an interest in trading.
Jan 08, 2022 at 14:09
My first thought was that trading isn't for everybody. It requires lots of time studying. Within 3 or 6 months, you're unlikely to become something (most beginners have plenty of time). Don't chase pips, instead of enhance your abilities. You'll earn consistent profits by following a well-established trading strategy.
Jan 09, 2022 at 14:13
Do not make trades based on the assumption. Learn to trade efficiently. Don't rush. It requires time to be profitable. Do not try to chase pip. Make sure you are developing your capabilities and skills, and pips will be a natural result. Don't think of forex as gambling.
Jan 11, 2022 at 19:04
I partly agree with your words. Newbies have to start off with the little amount of money. Of course, nowadays traders think that the more money they will depoit, the more money they will be able to earn but it's just partly so. If we speak about leverage trading, then of course, the more money you can use for opening a position, the more money you will earn, however leverage trading always brings plenty of risks, which the most part of traders isn't able to take because of a fear to lose everything they have. In my opinion, newbies should either go to demo account and earn money on demo account or they have to start off with the small sums of money on real accounts.
Member Since Jan 12, 2023
1 posts
Jan 12, 2023 at 12:04
KenAdams posted:Ferdii posted:
Very often brokers who have a very good reputation always help newbies to get comfortable and start trading correctly.
That's why the right selection of a broker is very important for a trader.
How do you think how to choose broker ? maybe you have a your list of top5 ? or you have only one broker?
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