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New in forex trading

Oct 28 2018 at 08:51
17 posts
Babypips school. First thing to do.

Oct 28 2018 at 08:53
718 posts
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.

Nov 01 2018 at 14:25
14 posts
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.

Nov 15 2018 at 07:59
871 posts
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 (crabby12)
Dec 03 2018 at 12:27
9 posts
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 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.

Dec 16 2018 at 09:03
871 posts
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.

Jun 24 2020 at 00:08
193 posts
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.

Jun 26 2020 at 10:17
26 posts
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.

Aug 18 2020 at 19:00
232 posts
IF you are new in this market, you need to be very careful. First of all, be careful when you choose a broker for you. Than be careful when you make a plan for you \r trading to make profit.

Aug 20 2020 at 13:37
140 posts
If you are new in this market, be careful at choosing the broker. Because there are so many fake brokers in the market.

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