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Newbie wannabe Trader

KenAdams
Aug 20 2020 at 11:53
40 posts
New traders should focus on learning part first and then carry forward their journey step by step.
marktaylor
Oct 07 2020 at 09:25
21 posts
Demo accounts are a good way of identifying your trading personality.
Dictiony
Oct 08 2020 at 01:15
231 posts
Do you have basic knowledge and plan, if not learn the Forex first and formulate a plan to trade Forex successfully.
LeviSievwright5
Oct 08 2020 at 23:14
298 posts
Every beginner trader has to face these problems. First of all, when you join trading you need to start with demo trading. You need to gather Forex -related information from many websites while doing demo trading. There must be a loss in trading and we have to learn from this loss. And you have to keep yourself emotionally strong.
Marksteve
Oct 23 2020 at 04:51
36 posts
There are a few steps that you can follow like collecting information about forex, reading trade related books, making a plan of execution, practising on a demo and working on different strategies.
GeorgeBischof
Oct 23 2020 at 09:40
318 posts
If you want to become a good and profitable trader, you have to learn all the tools and techniques of trading perfectly.
Roberto21
Oct 25 2020 at 10:13
364 posts
unrealistic expectation indicates immature attitude and emotions.
 this habit really non professional which always make traders greedy.
antonyhollinwooe
Oct 26 2020 at 07:33
34 posts
Demo trading accounts are a good way of judging where you stand. They help you gain hands-on practice.
ElliotCooke
Nov 13 2020 at 19:29
341 posts
Newbies are most of the time want to earn money quickly. Trying to make money quickly can be dangerous for new traders. They should learn properly first.
Gergo_01
Nov 17 2020 at 07:56
24 posts
antonyhollinwooe posted:
Demo trading accounts are a good way of judging where you stand. They help you gain hands-on practice.
Yes, demo accounts are of great help, best to practice, agreed.
But traders should never become over confident by seeing demo results, they should understand that live trading is going to be a lot more different with real money involved.
SteveHanks
May 24 2021 at 18:50
536 posts
marktaylor posted:
Demo accounts are a good way of identifying your trading personality.
Demo account is the best way to learn forex properly and perfectly.
SofieAndreasen
Jun 09 2021 at 07:56
759 posts
Start with a demo account. There is no other way.
Tremblay
Jun 10 2021 at 08:30
330 posts
SofieAndreasen posted:
Start with a demo account. There is no other way.
Yes. If you want to make a good trading career, you need to have the proper knowledge. And a demo will help you to gather all kinds of knowledge without taking any risks.
Skinim
Jun 13 2021 at 06:38
12 posts
It is best for a beginner to decide on a strategy with which he will work and chat on it to work out on a demo account
Davidfx89
Jun 13 2021 at 10:55
144 posts
the knowledge we gain from demo account actually not works when trading in a live , really it is. otherwise demo was the first choice of ours.
highjumping
Jun 14 2021 at 10:24
9 posts
Davidfx89 posted:
the knowledge we gain from demo account actually not works when trading in a live , really it is. otherwise demo was the first choice of ours.

why do you say that? Demo has same data as live account
Mohammadi
Jun 18 2021 at 08:24
886 posts
Leaning from own trading mistake is the best practice! But, we should try
 to complete our main learning process in the beginning stage of trading!
TradeAndI
Jun 18 2021 at 11:32
9 posts
According to me, initially a newbie should focus on enhancing their knowledge and skills along with this patience is a very important factor to have while trading.
Tremblay
Jun 18 2021 at 20:17
330 posts
SteveHanks posted:
marktaylor posted:
Demo accounts are a good way of identifying your trading personality.
Demo account is the best way to learn forex properly and perfectly.
I agree with you. Every new trader should practice on a demo account.
billysnyder
Jun 19 2021 at 07:40
97 posts
For a newbie, the next step after reading up on how the forex market works and what they can do to achieve their financial goals, should be practising on a demo account.

This will make you well-versed with the trading platform and when you go live, you may already be prepared for typical market situations.

Based on what you prefer, you can choose a suitable broker.
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