Feb 19 at 11:31
As a new trader, I always suggest doing demo practice. However, after doing the demo practice, I will tell him to deposit a little money and trade. It may be that after investing this money up to 500-1000 you will follow Money Management and Risk Management and trade. And always try to maintain discipline.
Quiting is not an option. But at the same time it's the best option if anyone think he is not progessing in terms of learning and skills. Learning from mistakes is the best kind of learning.
Feb 21 at 03:26
Of course, first, you need to acquire trading knowledge. Then you have to trade under a good broker.
Feb 21 at 08:31
success is a big deal in this market place because most of the traders who are particularly beginners always become a loser . so be careful guys when trading into this . good luck
As a new trader, you need to know both analysis perfectly. Without proper knowledge, it will be quite tough to make money from this market.
Feb 24 at 03:59
Ansel posted:
Time , education and practice are all and everything that you need.
Well, that’s true. You will be required to dedicate a lot of time, educate yourself, and practice as much as you can to prepare yourself well for the market and its conditions. The market is so unpredictable. If you don’t prepare yourself well, you won’t get what you want.
Feb 24 at 07:40
russellgutierrez posted:Ansel posted:
Time , education and practice are all and everything that you need.
Well, that’s true. You will be required to dedicate a lot of time, educate yourself, and practice as much as you can to prepare yourself well for the market and its conditions. The market is so unpredictable. If you don’t prepare yourself well, you won’t get what you want.
Everyone needs to set realistic goals that can be achieved with the strategy and style you are following. By expecting anything more than you are working for, will only dishearten you in the end.
Feb 25 at 04:16
Mikehussey posted:russellgutierrez posted:Ansel posted:
Time , education and practice are all and everything that you need.
Well, that’s true. You will be required to dedicate a lot of time, educate yourself, and practice as much as you can to prepare yourself well for the market and its conditions. The market is so unpredictable. If you don’t prepare yourself well, you won’t get what you want.
Everyone needs to set realistic goals that can be achieved with the strategy and style you are following. By expecting anything more than you are working for, will only dishearten you in the end.
Exactly! I have seen a lot of traders who started forex trading just because everyone else is doing that. These are such traders who lose immensely and then leave forex trading forever. My mentor had already told me the truth of forex trading and so I decided to make small investments in the beginning with XM and Fxview and then increase them with time. It worked fine for me I suppose, as I am still going strong and steady :)
Feb 25 at 11:25
A forex trader can become a successful trader only if they can be patient throughout the process. Forex trading doesn’t get results from the very beginning. You have to keep calm until you become capable of making profits.
Mar 11 at 20:31
I think a beginner should be attentive to all the details.
