To use chat, please login.
Back to contacts

New in forex trading

Apr 23, 2017 at 06:52
4,853 Views
121 Replies
Member Since Jul 19, 2020   788 posts
Aug 23, 2020 at 23:59
If you want to trade, you must first learn a lot. If you do not learn to trade, you will lose a lot. You need to know about analysis, you need to know about money management, you need to know about risk management. You can get some basic ideas from this forex forum. If you want, you can discuss the trading strategy in detail. There are many types of sites where you can learn a lot about Forex trading. Or you can take help from here to learn YouTube or Google.
Member Since Jul 27, 2020   102 posts
Aug 24, 2020 at 06:34
Make sure that you have a realistic goals, which is one of the best trading secrets. Unrealistic profit targets will quickly lead to reckless decision making. So, set yourself small and realistic goals, particularly to start with.
Member Since Jul 20, 2020   341 posts
Aug 24, 2020 at 16:45
New traders should have complete knowledge about the forex market. They can get proper knowledge of forex from a demo account. According to me, A demo account is the most effective way of learning forex.
Member Since Jul 20, 2020   232 posts
Aug 28, 2020 at 18:57
If you are new in this market you should be very careful when you are going to choose your broker. There are so many fake brokers in the market. So, research properly before taking decision.
Member Since Jul 20, 2020   298 posts
Oct 15, 2020 at 01:59
Proper discipline is required to maintain the loss in Forex trading. New traders lose due to a lack of discipline. So if you want to maintain the loss, you should manage money management and risk management. As a new trader, a trader needs to gain experience by practicing demo. And you have to collect a lot of information online.
Member Since Jul 20, 2020   232 posts
Oct 15, 2020 at 10:25
If you are new in this market, you have to gather all he knowledge about trading before entering into this risky market Without proper knowledge you can not make money from this market.
Member Since Jul 09, 2020   34 posts
Oct 16, 2020 at 07:55
EbonyJones posted:
If you are new in this market you should be very careful when you are going to choose your broker. There are so many fake brokers in the market. So, research properly before taking decision.
Yes, forex is also no exception. Basically it is on us to choose a broker carefully after considering all the vital points.
Member Since Jul 17, 2020   42 posts
Oct 19, 2020 at 11:04
It’s always better to take up a trading course to get your basics right.
Member Since Jul 20, 2020   341 posts
Nov 12, 2020 at 18:07
If you are new in this market, you have to be very serious about your trading. You have to make a profitable plan to survive in this risky market.
Member Since Nov 07, 2020   15 posts
Nov 27, 2020 at 04:52
Demo trading is not less than any important tool for the traders who are just beginning. It can make you confident and prepare you for long term success.
Member Since Jul 20, 2020   232 posts
Dec 06, 2020 at 11:04
Every new trader should make a good trading plan to make money from this market. Without a trading plan, no trader can survive int his risky market.
Member Since Nov 26, 2020   30 posts
Dec 30, 2020 at 08:44
As for me, those who use demo accounts do the right thing in order to test their strength to work some practice and figure out their strategy
Member Since Dec 31, 2020   16 posts
Dec 31, 2020 at 11:20
ElliotCooke posted:
If you are new in this market, you have to be very serious about your trading. You have to make a profitable plan to survive in this risky market.

I agree. Trading with a plan also helps a trader stay disciplined.
Member Since Jul 19, 2020   318 posts
Jan 04, 2021 at 19:55
Choosing a good and reliable broker is the most difficult thing in this market. So, be careful when you are going to choose a broker for you.
Member Since Aug 27, 2017   994 posts
Jan 06, 2021 at 10:23
if you think only learning can safe you when trading , its completly wrong , you have to ensure regular practice session besdies this .
Member Since Apr 18, 2017   718 posts
Jan 06, 2021 at 11:09
risk is everywhere in Forex its a very common thing , there is no one who can deny but if you have proper money and risk management then within a very short time you can bring good amount of profit from here.  
Member Since Apr 18, 2017   718 posts
Jan 07, 2021 at 11:10
for newcomers Forex is really different business then others ,
 hope you will enjoy the volatile environment, just one request never give up when making losses.
Member Since Jun 03, 2019   3 posts
Jan 07, 2021 at 11:44
We have built a platform to help investors copy top and experienced traders with a verified track record.
Member Since Nov 26, 2020   30 posts
Feb 05, 2021 at 08:26
The Forex market is really a very interesting field of activity, where you can learn a lot of useful and interesting things, make good profits, and also reveal hidden qualities in yourself.
Member Since Nov 19, 2020   104 posts
Feb 05, 2021 at 11:57
For traders who are new to this market, planning and practice are a must, after they are done with the knowledge part. Do not rush, just give it your 100% with patience.
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.