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forex new trader
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Saif59

Member Since Apr 02, 2019  9 posts Saif59 Apr 03 at 05:51
True that. Daily Forex is the nuts. Loads of great news and analysis. Best resource out there

Imamul

Member Since Aug 09, 2017  400 posts Imamul Apr 07 at 10:25
Only good trading knowledge cannot brings profit regularly. Besides trading knowledge you have to focus on money and risk management which is the key to success in Forex trading.

WinterWalker

Member Since Feb 22, 2019  11 posts WinterWalker Apr 09 at 06:04
Without understanding of risk and money management there can be no sustained profits. Money management separates the loser from the winner grin

AdamCantor

Member Since Mar 18, 2019  29 posts Adam Cantor (AdamCantor) Apr 09 at 13:45
I totally agree with the above comments. Knowing the markets in which you are trading is vital in terms of historical data, predicting market movements and knowing when to open and close trades is key. demo until consistently profitable on the whole, and have developed key strategies, before committing to a live account.

Mohammadi

Member Since Aug 11, 2017  630 posts Mohammadi Apr 10 at 10:39
According to me, Forex trading is not any kind of lottery or gambling, so I seem; traders need to open their demo after completing basic topics on Forex! Actually, when I opened my demo account then I didn’t know how to ride on Mt4 trading platform perfectly, so I faced initial problem with my Mt4 trading platform! So, you can work with your trading platform before starting your trading!

Imamul

Member Since Aug 09, 2017  400 posts Imamul Apr 12 at 12:12
particularly before starting trading , we consider this stock exchange as a casino and try to bring profit very rapidly without learning , but in practical there is no short cut way of earning and success in long time process in here.  

Mohammadi

Member Since Aug 11, 2017  630 posts Mohammadi May 06 at 08:57
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

Imamul

Member Since Aug 09, 2017  400 posts Imamul May 07 at 08:28
i think , newcomers shouldn’t focus on his winning trade percentage, he or she always have to emphasis to minimize risk and never trade with emotions.

Mohammadi

Member Since Aug 11, 2017  630 posts Mohammadi May 08 at 09:01
i have seen So many new Forex traders try to make money from here without learning. As a result they become loser due to lack of exact trading knowledge. It’s a common thinking. I think by and large lose because they trade with emotions and don’t know how to manage money in Forex.

Roberto21

Member Since May 02, 2019  153 posts Roberto21 Oct 22 at 08:17
forex traders generally consider Fx as la casino. to bring profit from casino is also a great skill but we don't support this skill , because its not legal , trading and casino there is no different if we greedy and emotional. so, we have to controlled our bad trading habits by discipline. 

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EURUSD 1.11174 GBPUSD 1.33352
USDJPY 109.351 USDCAD 1.31719

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.