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newcomers trading habit

Frionson
May 30 2020 at 16:00
20 posts
You just have to try and not think ahead about what you can't do.
Yes, it can happen, but your task is to prepare for any scenario in such a way that it will not be a tragedy for you. You should always stay one step ahead. Or better yet, a few.
Adribaasmet
Jun 02 2020 at 17:42
994 posts
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.
Suarez
Jun 03 2020 at 10:51
55 posts
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.
Roberto21
Jun 03 2020 at 15:03
364 posts
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.
Darlingwiz
Jun 03 2020 at 20:53
1 posts
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?
Suarez
Jun 04 2020 at 06:57
55 posts
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.
Adokelv
Jun 06 2020 at 11:52
21 posts
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.
Dictiony
Jun 09 2020 at 00:06
231 posts
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.
Juan_Garcia
Jun 09 2020 at 10:40
33 posts
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
divinamarine
Jun 10 2020 at 11:25
8 posts
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.
GeorgeBischof
Aug 26 2020 at 18:52
318 posts
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.
AliaDare
Aug 27 2020 at 01:04
788 posts
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.

cardigan
Aug 27 2020 at 07:43
102 posts
3's Over
1. Over Expectation
2. Over Patience
3. Over Confidence
KenAdams
Aug 27 2020 at 11:06
40 posts
cardigan posted:
3's Over
1. Over Expectation
2. Over Patience
3. Over Confidence
Absolutely!
Maveswyn
Aug 31 2020 at 18:49
23 posts
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.
LeviSievwright5
Sep 01 2020 at 02:24
298 posts
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.
cardigan
Sep 01 2020 at 07:24
102 posts
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.
Fernando9
Sep 02 2020 at 05:53
22 posts
cardigan posted:
3's Over
1. Over Expectation
2. Over Patience
3. Over Confidence
That reminds me of various of my trader friends, who are no more trading because of these habits only.
ElliotCooke
Oct 11 2020 at 18:56
341 posts
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.
Kazile
Oct 12 2020 at 04:15
119 posts
Care is definitely needed, especially when you are just choosing a trading broker, which is why I entered a minimum deposit of $ 100 at Amarkets and traded, earned and withdrawn without any problems.
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