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Newbie wannabe Trader

skihav
Nov 03 2021 at 14:23
801 posts
A beginner should be as careful as possible, because for work this is a very important process that should be paid attention to.
SteveHanks
Nov 06 2021 at 18:02
536 posts
skihav posted:
A beginner should be as careful as possible, because for work this is a very important process that should be paid attention to.
Every new trader should practice on a demo account to improve their trading skills.
Trallod
Nov 24 2021 at 07:58
24 posts
The main here is to set a goal, actually you successfully handled this task and I guess that the next step for you is to start gradually explore the main peculiarities in trading activity. After it you can start set financial goals. In my opinion, the first task for you is to learn how to lose money. I've not mistaken actually, it's really like that.
If you will learn how to lose money, then probably it won't be difficult for you to learn how to earn them. The vast majority of traders can't admit the fact that trading on your initial stages is just the easiest way to lose money, because you're learning and you have to sacrifice something.
GraceGilm
Nov 26 2021 at 15:48
154 posts
unfortunately, not all beginners become strong traders, since many do not want to learn and develop their knowledge in this area
AhmadAli89
Jun 22 at 06:42
44 posts
chachaman posted:
Hi Folks,

I just found this informative unbiased weblsite

my goal: to learn HOW to trade

How do I?

I'm told to learn..but learn what?

Books I've read: market wizard series, Trading in the Zone, Naked Trader

Strategies: ORB Tony Crabel, Larry Williams Range Trading, Inside bar trading

My Problem: confused

Stock traders state don't trade forex as it's a mean reversion market

Trading style is based on your personality but what if I don't know my trading personality?

I've PAID for Forex education BUT it just teaches THEORY pattern recognition and Price Action

Why the trend in UK on Forex and nothing on Options Futures trading (my observation)

I've started LIVE trading....every trade goes against me....

Diff schools of thought on trading...owhich methodology? Dow theory? Wyckoff method?


Experienced traders which path do I go down?







A trader can’t make a cogent decision until he has a good analytical knowledge. Long-term trading is the best approach of trading. So, analyze the market properly before taking a trade. A strong analysis helps a trader forecast the market well.
Imamul
Jun 23 at 09:13
699 posts
Trallod posted:
The main here is to set a goal, actually you successfully handled this task and I guess that the next step for you is to start gradually explore the main peculiarities in trading activity. After it you can start set financial goals. In my opinion, the first task for you is to learn how to lose money. I've not mistaken actually, it's really like that.
If you will learn how to lose money, then probably it won't be difficult for you to learn how to earn them. The vast majority of traders can't admit the fact that trading on your initial stages is just the easiest way to lose money, because you're learning and you have to sacrifice something.
this is a good reply. thanks for your nice post.
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