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New Forex Trader Here

Lamyaii (Lamyaii)
Mar 21 2019 at 14:52
8 posts
Abderrahmane1992 posted:
Experienced trader usually have at least 3 brokers that they regularly use. It is mistake to put all your money with one broker. If they steel from you then you will have nothing left. Using a regulated broker helps but it is still better to use >3 broker

Thank you, I will do so as your advice, starting with 2 brokers and more after then.

Take money when market tends to provide so !
Lamyaii (Lamyaii)
Mar 21 2019 at 14:53
8 posts
Is it possible to copy my own trading signal to my another broker account through myfxbook autotrade ?

Take money when market tends to provide so !
Treeny
Mar 24 2019 at 08:18
135 posts
Abderrahmane1992 posted:
Experienced trader usually have at least 3 brokers that they regularly use. It is mistake to put all your money with one broker. If they steel from you then you will have nothing left. Using a regulated broker helps but it is still better to use >3 broker


This makes sense, especially if you're a pro cause if you only have one broker and they are having techie issues on a given day, you can't go to work that day

REB_FX (REB_FX)
Mar 25 2019 at 06:53
36 posts
Abderrahmane1992 posted:
Experienced trader usually have at least 3 brokers that they regularly use. It is mistake to put all your money with one broker. If they steel from you then you will have nothing left. Using a regulated broker helps but it is still better to use >3 broker


Very sound advice, not something many new traders will consider, and especially when the trading bank is a significant size as well to protect your funds.

AdamCantor (AdamCantor)
Mar 25 2019 at 15:27
98 posts
ScottyCarsonMVP posted:
REB_FX posted:
walpants posted:
i keep hearing about this book i think i need to get hold of it.


have you checked out the Youtube series ? This 5 or maybe 6 hours of awesome content broken in to a 4 part series.


Yes, highly recommended!


i dont know if it is the same one, but i used Youtube 'tutorials' to gauge a fell of trading from more experienced traders. very helpful.

Morrije
Mar 26 2019 at 06:36
1 posts
Hi everybody! I have never done anything like this before, so I'll confess to being the newbie's newb. From what I've been reading in this post, I'm hearing my brain saying, you sure you want to do this? I really have no idea of what I'm doing. I just need a better way than I had yesterday. And I've got a sneaking suspicion that this is it. I may not like myself for taking on such an ambitious task, but it's not something I plan on regretting any time soon. Anyway, I just wanted to introduce myself and acknowledge all of you as being where I want to be too.

"It's a new day. It's a new way. And I'm feeling good!"
REB_FX (REB_FX)
Mar 26 2019 at 11:26
36 posts
Morrije posted:
Hi everybody! I have never done anything like this before, so I'll confess to being the newbie's newb. From what I've been reading in this post, I'm hearing my brain saying, you sure you want to do this? I really have no idea of what I'm doing. I just need a better way than I had yesterday. And I've got a sneaking suspicion that this is it. I may not like myself for taking on such an ambitious task, but it's not something I plan on regretting any time soon. Anyway, I just wanted to introduce myself and acknowledge all of you as being where I want to be too.


Hi Morrije, welcome!
This is certainly not a journey for the faint hearted.
I take it from your comments you have done some kind of trading, as you want to find something different to what you did yesterday........ what have you been doing so far?

AdamCantor (AdamCantor)
Mar 26 2019 at 16:18
98 posts
REB_FX posted:
Abderrahmane1992 posted:
Experienced trader usually have at least 3 brokers that they regularly use. It is mistake to put all your money with one broker. If they steel from you then you will have nothing left. Using a regulated broker helps but it is still better to use >3 broker


Very sound advice, not something many new traders will consider, and especially when the trading bank is a significant size as well to protect your funds.


i totally agree with this. best advice on the thread

MotoGP
Mar 27 2019 at 06:43
10 posts
If you are new trader with a tiny account using a single broker is OK. You will not have much to lose. With such low leverage limits now a bigger account is needed in order to trade.

REB_FX (REB_FX)
Mar 27 2019 at 06:48
36 posts
AdamCantor posted:
ScottyCarsonMVP posted:
REB_FX posted:
walpants posted:
i keep hearing about this book i think i need to get hold of it.


have you checked out the Youtube series ? This 5 or maybe 6 hours of awesome content broken in to a 4 part series.


Yes, highly recommended!


i dont know if it is the same one, but i used Youtube 'tutorials' to gauge a fell of trading from more experienced traders. very helpful.


Not sure it is, Mark Douglas series is what i was referring to.

What tutorials have you watched?

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