There are many things that can help a beginner to have fewer stumbling blocks in the trader's walk.
The beginner needs to compare himself to a child who is learning to walk, he does not know what it is like to walk, what it feels like to walk, or where to start learning to walk. She just watches people walking, and she believes she can walk too. The difference between a child learning to walk and a trader is that walking is instinctive, sooner or later the child will learn, while trading in the market is counterintuitive. Then it will be necessary for the operator to force himself to acquire this knowledge.
1 - Being close to those who have a result in the trade (swing, position, day trade), result that is possible reliable verification. 2 - Learn the math of the market (what is the theory, fundamentals and how it works) 3 - Understand what the market demands from the operator (what is the competence that this operator needs to stay in the market) 4 - Stay away from a real account until you understand these previous steps, because until you understand this, the only thing that a real account will help you is taking your money.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.