- Home
- Community
- New Traders
- newcomers trading habit
Edit Your Comment
newcomers trading habit
Member Since Jul 23, 2020
816 posts
Member Since Dec 20, 2021
3 posts
Dec 29, 2021 at 16:34
Member Since Mar 28, 2021
586 posts
Number one biggest mistake new trade commits is they treat forex trading as a money machine. Open trade and make profit. They think it is the easiest job in the world. But in reality you need profound understanding of the market. My advice to new trader is gain necessary knowledge and skills.
Dec 30, 2021 at 05:46
Member Since Nov 02, 2021
73 posts
We can only warn traders about how emotions can be harmful in trading. They would actually come to know only when they have made significant losses. Only with these losses comes the actual wisdom. So, I suggest new traders to start small in order to avoid big losses while initial trading.
Member Since Aug 27, 2017
875 posts
Member Since Apr 09, 2019
516 posts
Member Since Jun 07, 2021
70 posts
Jan 27, 2022 at 04:31
Member Since Jun 07, 2021
70 posts
Other than studying the nature of the forex market, one thing that has helped most is a trading journal. All traders should know whether they are growing or not. With the help of a trading journal, traders can figure out the flaws in their trades and can trade better in future.
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.