I think it's important to Invest real money from the start.losing small and large amounts will help you train your mindset. even with the best strategy you will lose money in fx at some stage, make sure you have already been through it a few times before it comes
Apr 20 2021 at 10:30
That is great and you can also take a few courses and learn it from the scratch. Good luck to you.
WOTMAN_ posted:Yes. to make money from this market, you have to take some risks. I also prefer to start with a small amount to reduce the risks.
I think it's important to Invest real money from the start.losing small and large amounts will help you train your mindset. even with the best strategy you will lose money in fx at some stage, make sure you have already been through it a few times before it comes
Apr 26 2021 at 04:23
WOTMAN_ posted:I believe till the time you are working on basics,, there is no need to invest capital...
I think it's important to Invest real money from the start.losing small and large amounts will help you train your mindset. even with the best strategy you will lose money in fx at some stage, make sure you have already been through it a few times before it comes
The more your practice, the more you learn.
May 29 2021 at 17:23
martyandrews posted:Without proper learning, A trader can face a great loss.
That is great and you can also take a few courses and learn it from the scratch. Good luck to you.
SteveHanks posted:Yes. i agree with you.martyandrews posted:Without proper learning, A trader can face a great loss.
That is great and you can also take a few courses and learn it from the scratch. Good luck to you.
Just to give everyone an update. Since i posted this question almost a year ago i have tried several methods but havs settled for price action. Very little use of indicators if i am honest.
Each person will discover their own style when they get into it. Both have merits i guess.
I am on my way to a funded account now.
Thank you.
Each person will discover their own style when they get into it. Both have merits i guess.
I am on my way to a funded account now.
Thank you.
mawao123 posted:Yes. You are right.
Just to give everyone an update. Since i posted this question almost a year ago i have tried several methods but havs settled for price action. Very little use of indicators if i am honest.
Each person will discover their own style when they get into it. Both have merits i guess.
I am on my way to a funded account now.
Thank you.
Jul 10 2021 at 07:28
I think what’s better is to not invest your own money at first because you are in the learning phase. Once you have learned enough, you can then think of investing your own money.
Jul 11 2021 at 10:20
the beginners level for all time ignore the demo account but in practical demo is the master place place to become a knowledgeable trader very rapidly.
Jul 12 2021 at 04:48
billysnyder posted:Are you saying trading with borrowed funds???? What if you loose them completely? How are you going to repay it?
I think what’s better is to not invest your own money at first because you are in the learning phase. Once you have learned enough, you can then think of investing your own money.
The more your practice, the more you learn.
Jul 13 2021 at 10:26
Make a good plan to survive in this market.
SteveHanks posted:Yes. A good plan can make you rich.
Make a good plan to survive in this market.
Jul 18 2021 at 20:49
RobSchiz posted:Good plan is very necessary to make money from this market.SteveHanks posted:Yes. A good plan can make you rich.
Make a good plan to survive in this market.
Jul 19 2021 at 20:25
There are many things that can help a beginner to have fewer stumbling blocks in the trader's walk.
The beginner needs to compare himself to a child who is learning to walk, he does not know what it is like to walk, what it feels like to walk, or where to start learning to walk. She just watches people walking, and she believes she can walk too.
The difference between a child learning to walk and a trader is that walking is instinctive, sooner or later the child will learn, while trading in the market is counterintuitive. Then it will be necessary for the operator to force himself to acquire this knowledge.
The beginner needs to compare himself to a child who is learning to walk, he does not know what it is like to walk, what it feels like to walk, or where to start learning to walk. She just watches people walking, and she believes she can walk too.
The difference between a child learning to walk and a trader is that walking is instinctive, sooner or later the child will learn, while trading in the market is counterintuitive. Then it will be necessary for the operator to force himself to acquire this knowledge.
Jul 19 2021 at 20:30
In this case, without even knowing it, it will use resources to start walking, it will lean on the wall, it will observe other walks, and it will fall many times...
Jul 19 2021 at 20:32
So there are some very important points to cut this short.
Jul 19 2021 at 20:33
1 - Being close to those who have a result in the trade (swing, position, day trade), result that is possible reliable verification.
2 - Learn the math of the market (what is the theory, fundamentals and how it works)
3 - Understand what the market demands from the operator (what is the competence that this operator needs to stay in the market)
4 - Stay away from a real account until you understand these previous steps, because until you understand this, the only thing that a real account will help you is taking your money.
2 - Learn the math of the market (what is the theory, fundamentals and how it works)
3 - Understand what the market demands from the operator (what is the competence that this operator needs to stay in the market)
4 - Stay away from a real account until you understand these previous steps, because until you understand this, the only thing that a real account will help you is taking your money.
Jul 19 2021 at 20:33
Note that before creating a strategy, there are many steps to understand, so focus on that process first!
