trading basic

Nov 16, 2017 at 15:30
2,818 Views
69 Replies
Member Since Jul 27, 2020   102 posts
Aug 28, 2020 at 07:45
downtown posted:
VirgoG posted:
i agree, consistency is what beginners should focus on while starting,it is that'll help them in the long run.

Not only the consistency, but also the discipline and the mentality level as well. Without those, you cannot make a good decision and letting the emotion getting in the way and as a result, there is no consistency level in trading.

Very true. Could not agree more with you on consitency.
Member Since Jul 19, 2020   34 posts
Aug 31, 2020 at 11:00
If you want to become successful in this risky market, you need to have proper knowledge about the market. To gather knowledge about the forex market, a demo account will be the best option. It will help you to learn all the basics of forex perfectly and properly.
Member Since Jul 20, 2020   298 posts
Sep 02, 2020 at 02:22
There are many types of analysis in Forex, such as technical analysis / fundamental analysis / sentimental analysis. Of these 3 types of analysis, you need to trade with technical and fundamental analysis. The economic news that is discussed in detail is called fundamental analysis. And technical analysis means to analyze with support/resistance level, market context, divergence.
Member Since Jul 04, 2020   22 posts
Sep 02, 2020 at 05:50
CirillaCosta posted:
If you want to become successful in this risky market, you need to have proper knowledge about the market. To gather knowledge about the forex market, a demo account will be the best option. It will help you to learn all the basics of forex perfectly and properly.
True! Demo trading is definitely a great way to practice and test strategies. Not at all recommended for any beginner to directly start with a live account, that's too risky.
Member Since Oct 01, 2020   3 posts
Oct 09, 2020 at 09:43
No matter what, you must have knowledge about the market when you are planning to make investments.
Member Since Jul 20, 2020   232 posts
Oct 09, 2020 at 18:28
If you want to become successful in this market, you need to have proper basic knowledge of forex. You can get knowledge of all the basics from a demo account.
Member Since May 31, 2021   35 posts
Jun 01, 2021 at 09:53
RobSchiz posted:
CirillaCosta posted:
If you want to become successful in this risky market, you need to have proper knowledge about the market. To gather knowledge about the forex market, a demo account will be the best option. It will help you to learn all the basics of forex perfectly and properly.
Knowledge is very important to survive in this risky market.
Rightly said, in the forex market I strongly consider that right knowledge and sufficient market research can always help in making trading profitable.
Member Since Mar 17, 2021   536 posts
Jun 02, 2021 at 19:15
Every new trader should learn all the basics of forex properly before investing in this risky market.
Member Since Apr 01, 2020   231 posts
Jun 03, 2021 at 00:15
Technical analysis is the best thing one can do for forex trading. Because for fundamental analysis you need to understand the economy very well. Whether it is day trading or scalping or swing trading, technical analysis is the key to decide the entry and exit point. But for overall success emotions management is very important.
Member Since Jul 23, 2020   869 posts
Jun 06, 2021 at 12:57
Basic knowledge is important for new traders to try it out in a demo account.
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