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newcomers trading habit
Jun 03, 2020 at 10:51
Adribaasmet posted:
Forex market or forex trading i think is completely secure but it depends on your broker performance , because without a broekr you cant a trade at all.
You are right, the decision regarding the choice of a broker is very crucial and must be made after a thorough research.
Member Since Jun 03, 2020
1 posts
Jun 03, 2020 at 20:53
Please can anyone recommend a good broker a newbie should trade on?
Secondly if one is starting with $1000 what is the best lots to use?
Secondly if one is starting with $1000 what is the best lots to use?
Jun 04, 2020 at 06:57
Roberto21 posted:
Nowadays it’s very difficult to consider a broker as a best broker, because lots of trading brokers are available in retail market place and most of them are found to be scams.
Exactly. We really need to be aware about the ones which are scam. So double check before choosing one.
Jun 06, 2020 at 11:52
Before starting I've read couple pages for newcomers and found out for myself a few habits following which might help faster to get enough capital. Firstly you should make a plan? a schedule and follow it. Secondly, invest in yourself, in your education, try everyday to fill your wealth of knowledge. Thirdly you should have a mentor. And finally don't be afraid of make mistakes, the main thing: analyse your mistakes and don't repeat them.
Member Since Jun 05, 2020
31 posts
Jun 09, 2020 at 10:40
Dictiony posted:
You must learn how to control your emotions to stay in the market. If you have no control over your emotions then it will be harmful. So always learn skills, and have good rsk mangement will be helpful.
I agree on that! Having a control on emotions is predominant to have success in this market. However, it is not that easy to do that
Member Since May 15, 2020
8 posts
Jun 10, 2020 at 11:25
Right! Broker choice is very imperative thing. As good knowledge about trading will surely help the trader in gaining profits, but if the broker is dishonest they he might manipulate the profits of trader.
Member Since Jul 19, 2020
283 posts
Aug 26, 2020 at 18:52
if you are new in this market, you need to be very careful to make decisions. You have to gather all information before start real trading. A wrong decision can put you in great danger.
Aug 27, 2020 at 01:04
Trading requires a lot of patience. If a trader does not have patience, he can never be a successful trader. If you want to be a successful trader, you must test patience. And a lot of greed among new traders. Trading without learning anything is risky and that risky work is done by new traders. Many times they are in trouble with brokers. New traders get a lot of information from brokers. And there are many websites online from where new traders can get a lot of important information.
Aug 31, 2020 at 18:49
I believe that beginners should not focus on future earnings and money but self-development and training. It is necessary to put training in the first place and give more time to the demo account. On this account, you will be able to test trading strategies and gain enough experience to move to a real account.
Member Since Jul 20, 2020
286 posts
Sep 01, 2020 at 02:24
(edited Sep 01, 2020 at 02:26)
The new trader never wants to see a loss on his account. They always expect profit which is why they face losses in the Forex market. Even though they do not have real knowledge about trading, they make extra profit. Profitable traders always manage discipline and have the power to cover losses even if they make losses. Because they always follow 1: 2 risk rewards. And aims at much better money management.
Sep 01, 2020 at 07:24
cardigan posted:
3's Over
1. Over Expectation
2. Over Patience
3. Over Confidence
If I might add more, I think it is very important for newbie to learn and have some knowledge about how forex trading works. You just can't start trading without understanding something.
Member Since Jul 20, 2020
278 posts
Oct 11, 2020 at 18:56
New traders should be careful when they invest their money into i\this risky market. They should make a good plan to make money from this market.
Member Since Aug 17, 2020
121 posts
Oct 13, 2020 at 08:59
Knowledge, control over emotions and good risk management are all important parts of a trader's success, in my opinion. They are all needed in order to attain consistent profit.
Member Since Oct 13, 2020
2 posts
Oct 13, 2020 at 13:35
e quais são os fundamentos do forex ? peaky blinder
"Hoje o Dia Será Dos Vencedores" SUPER XANDÃO
Member Since Jul 03, 2020
33 posts
Oct 19, 2020 at 13:00
Practice risk management and emotion control before you start trading live.
