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New Forex Trader Here

SK (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.
Get money when market seems to provide so !
SK (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 ?
Get money when market seems to provide so !
Treeny
Mar 24 2019 at 08:18
211 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
Rachel (REB_FX)
Mar 25 2019 at 06:53
51 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.
Adam Cantor (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!"
Rachel (REB_FX)
Mar 26 2019 at 11:26
51 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?
Adam Cantor (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.
Rachel (REB_FX)
Mar 27 2019 at 06:48
51 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?
Adam Cantor (AdamCantor)
Mar 28 2019 at 15:39
98 posts
oooh okay let me take a look, thanks :)
4MoreYears
Mar 29 2019 at 07:04
11 posts
Sounds very interesting. Do the tutorials go into detail about trading strategies or is it just basic info and general comments on support and resistance. I have seem to many of those videos and I need something more detailed and rigorous
ScottyCarsonMVP
Apr 01 2019 at 06:06
54 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.

Yeah lots of decent You Tube tutorials out there
Mohammadi
Apr 07 2019 at 20:30
886 posts
We have to choose these kinds of brokers which make sure security of funds, lowest trading spreads, low transaction cost, easy withdrawal system without long time process, free demo trading , active customer services , superior execution and much more real trading facilities that are very supportive to lead a flexible trading life with certainly.
WinterWalker
Apr 09 2019 at 06:03
11 posts
Broker is important but for new trader does not matter that much. New trader should be on demo only. Stay away from live account for months
Treeny
Apr 14 2019 at 06:30
211 posts
WinterWalker posted:
Broker is important but for new trader does not matter that much. New trader should be on demo only. Stay away from live account for months

I agree, demo till consistently profitable. Could take months or even years or it might never happen....
failuresfx
Apr 15 2019 at 10:53
17 posts
Finish babypips schoo. It is very important to know the basics of trading.l
nick3232
Apr 15 2019 at 12:20
162 posts
failuresfx posted:
Finish babypips schoo. It is very important to know the basics of trading.l

nice ,very good start
Adam Cantor (AdamCantor)
Apr 15 2019 at 14:18
98 posts
babypips is awesome to learn the basics and also here is good for learning form the pros. i also found some youtube videos to be helpful with chart understanding and learning how to read them properly. great for the more visual learners. I also follow some facebook groups with people who share their trades and knowledge.

good luck with your trading
failuresfx
Apr 16 2019 at 05:10
17 posts
nick3232 posted:
failuresfx posted:
Finish babypips schoo. It is very important to know the basics of trading.l

nice ,very good start

Thanks mate.
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