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forex new trader

SteveHanks
Nov 18 2021 at 07:36
536 posts
tediousbissa posted:
Taking small steps in trading is very important for beginners. Risking too much money to make quick profits is not a wise thing.

Yes. every new trader should make a good plan to make money from this market.

Adribaasmet
Nov 18 2021 at 10:32
994 posts
the new Forex trader for all time try to bring profit by using high leverage, but in practice when they try it , fall great trouble. before using high leverage it is more appropriate to make sure real money management.

AhmadAli89
Apr 20 at 09:43
32 posts
LeBuffon posted:
Daily Forex is very good. I just read everything they publish it really helps to bring the fundamental and the technical together

Same experience here; I am also using the combo packed of technical & fundamental analysis! It really helps me to verify the quality of entry points! You can’t rely on only the technical analysis if you wanna sustain here!

tobeygomez
Apr 25 at 10:11
22 posts
A new trader should have a good plan to follow up. As the forex market is very volatile, so to trade well he should practice his trades on a demo account, before entering into live trading. Also, stick to using only one pair when you are starting to trade, so that you do not get overwhelmed with having to trade in different pairs or instruments.

Imamul
Apr 25 at 11:16
682 posts
any kind of plan can be useless if there is no powerful money management.

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