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New in forex trading
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Admoni

Member Since Aug 09, 2017  95 posts Admoni Aug 11 2017 at 08:44
I think for the newcomers pips school is more appropriate which always ensures all important trading tips with essential terms and conditions.

AmDiab

Member Since Apr 18, 2017  640 posts AmDiab Aug 13 2017 at 06:26
AniLorak posted:
Bloomer posted:
Don't forget fundamental analysis. Almost all retail traders ignore this aspect but almost all pro traders focus on it.


You are right, maximum novice traders focus on only technical analysis! But no one can success here without learning fundamental I mean news analysis with details! Traders need a combo trading skill on technical and fundamental analysis!


Yes, there is no way without fundamental analysis! Only technical analysis is not enough here!

Mohammadi

Member Since Aug 11, 2017  725 posts Mohammadi Aug 13 2017 at 06:42
I am a new Forex trading and now am practicing in demo trading , but honestly I am losing interest in demo even though I earning profit . actually it looks at me as like a casino. Any advice from the senior ?

Gabor33

Member Since Dec 09, 2016  49 posts Gabor33 Aug 13 2017 at 13:40
Bloomer posted:
Don't forget fundamental analysis. Almost all retail traders ignore this aspect but almost all pro traders focus on it.


A short but extremely useful comment. Well said. Focus on it and after some time it won`t look like a casino.

kerypash

Member Since Sep 13, 2017  4 posts kerypash Sep 17 2017 at 08:57

Starting with forex trading is not that difficult, you can start to register with the top brokers and try and test their trading conditions by making a demo account with them. When you think you have practiced enough and are confident enough with the trading conditions you can start with the live account with the best broker with better working conditions. Initially, start with low deposits and as you attain confidence in trading you can increase the amount of funds.

Mohammadi

Member Since Aug 11, 2017  725 posts Mohammadi Sep 21 2017 at 06:46
In this volatile and risky trading place the traders who are particularly newcomers first of all have to know how to manage risk. Newcomers can minimize loss by set good risk management plan. To set it, first they should know the winning probability of their trading system or strategy and second, know how much loss accepted by their capital. By strict with risk management plan, newcomer will not suffer huge loss even though the market may be goes wild and beyond the trader analysis.

Ned23

Member Since Jan 05, 2018  5 posts Nett (Ned23) Jan 07 2018 at 07:40
When you trade in Forex, you are simply buying one currency using another. Therefore, the FX trader will always operate in currency pairs, and not each currency independently.

charlesjr

Member Since Dec 19, 2017  10 posts charlesjr Jan 09 2018 at 07:54
wleverts posted:
I am in Africa. completely new in forex trading. infact I know nothing on forex trading. I have been reading about automated softwares and every software has pretty bad reviews. any advices? I really wanna do this but I need an experts hand




I wonder if this is the only means you use to learn? There are quite good online courses to be honest, they just deserve a little time.

Imamul

Member Since Aug 09, 2017  475 posts Imamul Jan 30 2018 at 11:46
as a newcomer, my trading career I took demo account for trading practice and besides demo account I was continue in pips school which always ensures all important trading tips with essential terms and conditions , this learning and practicing combination took me a great result within 3 months .

Adribaasmet

Member Since Aug 27, 2017  819 posts Adribaasmet Jan 31 2018 at 07:33
Imamul posted:
as a newcomer, my trading career I took demo account for trading practice and besides demo account I was continue in pips school which always ensures all important trading tips with essential terms and conditions , this learning and practicing combination took me a great result within 3 months .


What is pips school? Is this any Forex Course?

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