hi. I'm new to forex trading.

Jun 19, 2010 at 03:19
4,917 Views
64 Replies
Member Since Mar 17, 2021   536 posts
Jan 17, 2022 at 18:53
LyudmilLukanov posted:
It is easy to start but hard to succeed. So, new traders should focus on learning first.
Proper learning can make you rich.
Member Since Nov 02, 2021   73 posts
Jan 20, 2022 at 04:37
Hi there, welcome to the forum. Start learning about Forex trading by reading and watching videos. With proper knowledge, you will be able to generate profits. Best of luck
Member Since May 27, 2021   57 posts
Jan 20, 2022 at 09:37
Hey welcome to myfxbook, my advice would be to stay patient and consistent, do not give up, give time in acquiring proper knowledge.
Member Since Oct 29, 2021   70 posts
Jan 21, 2022 at 04:19
Hello mate. Welcome to the community, I hope you like it and that you find it useful.
Member Since Feb 09, 2020   26 posts
Jan 21, 2022 at 18:17
Nice to meet you here. If we speak about safe investments then perhaps the best option for you is to find the assets which will genmerate you passive income or at least you will be able to save your money from various unforeseen circumstances such as inflation, deviation and so on so forth. If you are risky enough, you can pay attention to trading activity and you have to search for a proper broker. In this case, the matter is not to regret the time on this search and devote as much time as you can, because brokers really have weight in trading. The rest is for your broker and your personal objectives.
Member Since May 31, 2021   35 posts
Jan 24, 2022 at 12:42
Welcome to the forum mate, wishing you the best!
Member Since Jun 26, 2020   327 posts
Jan 27, 2022 at 08:57
yes they do it again and again , at the end of the day when they become loser they blame this market place as a scam issue.
Member Since Jan 24, 2022   20 posts
Jan 27, 2022 at 09:41
Beginners should always finish with the learning part first, secondly demo trading and then finally live trading.
Member Since Jan 11, 2022   45 posts
Jan 28, 2022 at 07:44
Hello, welcome to the community, I wish you good luck in your trading career. Goodluck
Member Since Jul 31, 2020   11 posts
Jan 28, 2022 at 13:54
I trade on a demo account now. I think I’m not ready to trade on a real account yet. I think I need to trade on a demo account because I feel I need to practice more strategies, try various approaches in trading. I don’t want to speed it up cause I’m afraid of fatal consequences. I think I will trade on a demo account for three months more and then I may consider shifting to a real one.
Member Since Mar 16, 2021   477 posts
Jan 28, 2022 at 16:03
Pengus posted:
I trade on a demo account now. I think I’m not ready to trade on a real account yet. I think I need to trade on a demo account because I feel I need to practice more strategies, try various approaches in trading. I don’t want to speed it up cause I’m afraid of fatal consequences. I think I will trade on a demo account for three months more and then I may consider shifting to a real one.
Trading is easy but risk is manageable. Trading cannot be done without risk management.
Member Since Jun 26, 2020   327 posts
Jan 29, 2022 at 07:17
trading is demo really important but besides this i think it is more important trade in a micro account.
Member Since Feb 12, 2019   105 posts
Jan 31, 2022 at 21:30
Hi Roger .
As others have stated start off on demo .
Use proper money management
Never risk more than 2% per trade and good luck 👍
Member Since Mar 28, 2021   617 posts
Feb 01, 2022 at 03:33
Knowledge and skills are key. Without knowledge and skills, no one has ever been successful. He will eventually lose any big profits he makes if he is lucky.
Member Since Jun 19, 2020   38 posts
Feb 04, 2022 at 06:00
Forex trading is full of opportunities, but the opportunities come with several risks as well, which most traders fail to acknowledge. If you are new to forex trading, then you should take every step with great caution. Don’t risk more than 2% of your total capital and implement risk management strategies to minimize losses in case of an unfavorable trade.
Member Since Jan 15, 2022   4 posts
Feb 04, 2022 at 15:11 (edited Feb 04, 2022 at 15:14)
Trading is a business and incurs expenses, losses, taxes, uncertainty, stress, and risk. As a trader, you are essentially a small business owner and you must research about the important thing like the techniques, and you should identify the [url=https://www.brokersview.com/news/what-is-the-best-leverage-ratio-for-forex-beginners-778]best leverage ratio for forex beginners[/url]. Strategize to maximize your business's potential. Anyone who wants to become a profitable stock trader need only spend a few minutes online to find such phrases as 'plan your trade; trade your plan' and 'keep your losses to a minimum.'
Member Since Dec 20, 2021   25 posts
Feb 05, 2022 at 07:49
Demo trading can be one of the most easiest way to get into forex trading so that you can get to know how to trade easier and accessible.
Member Since Feb 20, 2021   78 posts
Feb 07, 2022 at 08:15
Hey, welcome to the forum. Learn and practice on a demo account before starting with real money. The difference will be that you won't lose real money if you fail to make a good trade.
Member Since Mar 28, 2021   617 posts
Mar 02, 2022 at 10:56
rogelio11 posted:
hi. I'm Rogelio. u can call me roger.

I'm new to forex trading.
i got about less then $1000. i want to find the best place to invest.
any recommended forex managed accounts i can add cash in?

also if i want to use my own forex trading account. which forex EA is best to use for newbie traders like me?

I see you opened this thread almost 12 years ago! What’s your current situation bro? What are you doing right now?
Member Since Feb 21, 2022   9 posts
Mar 02, 2022 at 11:04
Akasuki posted:
rogelio11 posted:
hi. I'm Rogelio. u can call me roger.

I'm new to forex trading.
i got about less then $1000. i want to find the best place to invest.
any recommended forex managed accounts i can add cash in?

also if i want to use my own forex trading account. which forex EA is best to use for newbie traders like me?

I see you opened this thread almost 12 years ago! What’s your current situation bro? What are you doing right now?


I bet that Roglio gave up forex trading after losing his $1,000 1 month after starting this thread
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