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Newbie wannabe Trader

chachaman
Jun 13 2020 at 05:19
4 posts
WOW..... thanks for your support/feeedback

Yes I do keep a trading journal

As you very know very well demo tading and LIVE 2 entirely different

Demo no emotions

Even one of the market Wizards recommends trading live

I see trading as a path to self discovery by finding analysing your faults/mindset/behaviour

Again thanks traders

ProfitingSystems
PROFITINGSYSTEMS (PROFITINGSYSTEMS)
Jun 13 2020 at 18:56
48 posts
Make sure you practice very Well before engaging in Forex, I did my practice back then for over a year before I got my working strategy.

chachaman
Jun 15 2020 at 13:53
4 posts
already blown half my account

Live trading now, emotions kick in

experimenting as I dont have startegy yet

Uslng MA Crossover

Noticed Forex is a mean reversion market

GeorgeBischof
Aug 06 2020 at 09:32
318 posts
Yes. But he should have proper knowledge about the market. At first he can practice and learn about Forex by trading in a demo account. It will help him to learn all the basics of Forex easily without any risks.

zanzuk
Aug 06 2020 at 10:24
47 posts
if your emotion involve during your trading,its meant you trade too much lot.
so if you currently trade 10 lot,lower it down to 5 lot. till you dont feel any emotion with your trade.

2.its better to use simulation backtest, with that you can test new strategy with short period of time.

ElliotCooke
Aug 07 2020 at 10:44
341 posts
If you want to learn about forex trading you can join with many websites that provide many courses of forex learning. You can also learn forex from a professional trader.

Tr4dingYOGI (Tr4dingYOGI)
Aug 07 2020 at 11:27
2 posts
I am new to trading also and have found https://www.tradingwithrayner.com/academy/ this fellow to be extremely helpful. Lots of content, simple, easily explained and lots of examples given. Start with the beginner series and work through.

Shelby10
Aug 12 2020 at 10:37
140 posts
New traders should always try to make money slowly and also try to manage the risks properly.

EbonyJones
Aug 17 2020 at 11:00
232 posts
If you want to trade in the forex market, you have to gather all kinds of knowledge about the market. Because without knowledge you can lose all your money. So gather knowledge before entering into the market.

GeorgeBischof
Aug 19 2020 at 11:51
318 posts
New traders should learn first before starting their trading career. They an learn all the basics of Forex by creating a demo account. I think, Demo account is the most effective method of learning forex.

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