Rating: Empty Star Empty Star Empty Star Empty Star Empty Star
New in forex trading
Previous 1 .. 4 5 6 7 8 Next
failuresfx

Member Since Oct 09, 2018  16 posts failuresfx Oct 28 2018 at 08:51
Babypips school. First thing to do.

AmDiab

Member Since Apr 18, 2017  640 posts AmDiab Oct 28 2018 at 08:53
Kalamo posted:
My advice for new traders is make sure that you have enough knowledge and tools to trade this market. There is always a winner and a loser, just pick your side. You are the only one who has the control over your entries and exits. A very important point that helped me after I started was to split my capital into many different accounts and use different trading strategies. You cannot always win but you cannot always lose (unless you are really not made for this). Be patient, do not overtrade, analyze the market and watch out for high impact news releases.


I wish everyone a happy and safe trading, there is a lot of money to make on the Forex market but there is also a lot of money to lose. Be patient, be careful and ask for advice if you don't know how to trade this market.


You are absolutely right! New Forex traders should focus on their learning process! Forex trading is too much risky without proper trading knowledge & experience.

millerwe

Member Since Nov 01, 2018  14 posts millerwe Nov 01 2018 at 14:25
read as much as you can before starting to trade. then start with demo and then when you think you are ready to go live open a micro account.

Mohammadi

Member Since Aug 11, 2017  725 posts Mohammadi Nov 15 2018 at 07:59
Newcomers always attacked by the greed and fall a great trouble when trading practically. We cannot avoid greed and emotions. Because this is a part of common human nature but we can be discipline which can support us to control greed and emotions.

crabby12

Member Since Oct 11, 2018  9 posts frank (crabby12) Dec 03 2018 at 12:27
There are a lot of things needed to be mentioned. Courses are good but most course providers haven’t actually traded. Half of them are just bringing clients to brokers to earn commissions. I prefer some trusted platforms https://fx-list.com/stock-forex-brokers. It is the best list to start without losing money. If you did find a neutral educator then great but most are not but will pretend they are. So I would say don’t waste too much time finding people to teach you.

Mohammadi

Member Since Aug 11, 2017  725 posts Mohammadi Dec 16 2018 at 09:03
For leading a secure and profitable trading life with certainly we the traders have to choose in regulated trading broker which guarantee their clients funds. Only regulated trading broker make sure security of funds at any deposits with a wide range of trading technologies.

Dictiony

Member Since Apr 01, 2020  61 posts Dictiony Jun 24 at 00:08
My recomendation is you must learn the Forex first and babypips school is the best place where you can learn and gain lot of knowldge about forex trading.

caringloriana

Member Since Jun 23, 2020  4 posts caringloriana Jun 26 at 10:17
As everyone said, babypips is the best place to get educated and learn about forex. Read some articles and books on forex. Research on your own and gain knowledge. Before you sign up with any broker, make sure you evaluate the broker well enough. There are brokers who manipulate their trading conditions and traders just end up burning their pockets. Go for a reputed broker who is in the market for long. Also, demo trading will definitely give you an edge before you start real trading.

Please login to comment.
Loading
Loading
EURUSD 1.12805 GBPUSD 1.25279
USDJPY 107.559 USDCAD 1.36017

Tools

Community

Reviews

Brokers

Platform

Support


Twitter |  Facebook |  Site Map  |  Terms  |   Privacy Policy
©2020 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.