Newbie problem

Sep 17, 2020 at 04:23
2,129 zobrazení
47 Replies
Členem od Jul 19, 2020   298 příspěvků
Sep 17, 2020 at 04:23
Most new traders think he is going to be rich within few months. He got the easiest way to make money quickly. The problem is they have been introduced forex like that. Most newbie traders do not know the ugly truth of forex trading. Forex is not an easy job to do. You need specific knowledge and skills. And for that you have to give time and efforts. It doesn't happen overnight. Not even in few months.
Členem od Jun 01, 2020   55 příspěvků
Sep 17, 2020 at 07:28
Exactly. Its not get rich quick scheme. Hard work and practice is what will pay off at the end of day. So it shouldn't be taken lightly at all.
Členem od Apr 28, 2020   52 příspěvků
Sep 17, 2020 at 11:10
People have big misconceptions about forex. Nothing comes for free ever. In the case of forex trading too we have to work really hard and devote efforts to enhance our skills each day.
Členem od Jul 20, 2020   298 příspěvků
Sep 17, 2020 at 23:50
When a person joins trading he has many dreams. But if you want to realize that dream, you have to think logically. If a trader wants to make a lot of money in a few days, it is never possible. You have to try with a long time goal. And you have to always follow the trading discipline. New traders face many kinds of problems. As they need to choose a broker, need a good mentor, there can be a lot of trouble to open an account. There are many different types of problems.
Členem od May 13, 2020   128 příspěvků
Sep 18, 2020 at 07:18
Maximum concentration at the beginning of trading is what a trader needs and it is very convenient when financial managers, like the broker Amarkets, always help and give practical advice.
Členem od Feb 22, 2011   4862 příspěvků
Sep 18, 2020 at 07:26
Learning forex is hard stony road to victory but it is worth it
Even though even experienced trader may have bad times...
Členem od Sep 13, 2020   22 příspěvků
Sep 18, 2020 at 07:45
Michihito posted:
Most new traders think he is going to be rich within a few months. He got the easiest way to make money quickly. The problem is they have been introduced forex like that. Most newbie traders do not know the ugly truth of forex trading. Forex is not an easy job to do. You need specific knowledge and skills. And for that, you have to give time and efforts. It doesn't happen overnight. Not even in a few months.
Exactly. This is where many get the wrong assumption, then blow up the accounts and then blame forex brokers and also the whole forex industry.
Never Ever Give Up
Členem od Sep 18, 2020   1 příspěvků
Sep 18, 2020 at 20:53
Having a good broker to work with before venturing into trading by yourself is usually a good thing.
It helps you gain more knowledge and cash before you can start trading for yourself.
Členem od Sep 18, 2020   2 příspěvků
Sep 18, 2020 at 21:16
@Allisonevan this is exactly what brought me to this site someone recommended the site. I've blown too many accounts and lost lots of money too, please can you connect me to him? Maybe a phone number or an email pls I'll really appreciate.
Členem od Sep 18, 2020   1 příspěvků
Sep 18, 2020 at 21:23
Yes I know Mark, he's really a good trader and a good choice to invest with. He charges a 20% commission at the end every trade. I literally learnt how to trade through him.
Členem od Sep 18, 2020   2 příspěvků
Sep 18, 2020 at 21:35
Okay @Allisonevan thanks a million I'll send a private message
Členem od Sep 07, 2020   63 příspěvků
Sep 19, 2020 at 07:56
That is why it is important to have knowledge before getting into trading because there is a chance that you might be overwhelmed after hearing that you can make money in forex which is not that easy
Členem od Aug 09, 2017   785 příspěvků
Sep 19, 2020 at 08:48
the very common problem for newcomers when choosing a right broker ,
 because thousands of brokers in retail market and most of them are found to be scams.
Členem od Jul 20, 2020   341 příspěvků
Sep 19, 2020 at 11:18
Every new trader should learn properly first. Without proper learning, it is quite difficult to make money from this risky market.
Členem od Apr 01, 2020   231 příspěvků
Sep 21, 2020 at 01:18
Every new trader must learn the basics of forex because without knowledge it would be hard for him to be successful in Forex trading.
Členem od Aug 11, 2017   886 příspěvků
Sep 21, 2020 at 05:15
I have seen many of us consider demo trading as dull. But for me not that dull at all, actually it is totally different , live account is the real market and many financial things affected the market , and it is different with demo account which is positioned as the “perfect market “ by the broker that we use, so that is why that market is good for newbie who want to trade as the place to learn only and make theirselves more familiar with the platforms.
Členem od Sep 18, 2020   31 příspěvků
Sep 21, 2020 at 07:19
Dictiony posted:
Every new trader must learn the basics of forex because without knowledge it would be hard for him to be successful in Forex trading.

Yeah! Learning is important for forex considering the risk element involved in it.
Členem od Jul 20, 2020   232 příspěvků
Sep 21, 2020 at 19:39
Most of the new traders want to make money quickly in this market. This is the most common mistake. For making money quickly most traders make wrong decisions and lose their money.
Členem od Apr 15, 2020   219 příspěvků
Sep 23, 2020 at 07:44
Michihito posted:
Most new traders think he is going to be rich within few months. He got the easiest way to make money quickly. The problem is they have been introduced forex like that. Most newbie traders do not know the ugly truth of forex trading. Forex is not an easy job to do. You need specific knowledge and skills. And for that you have to give time and efforts. It doesn't happen overnight. Not even in few months.


the basic problem for newbie's is that they have a image in mind in which trading means easy and quick money. Newbie's generally skip the learning, practice and research phase and jump to investing huge capitals in large lots. This ultimately results in clear losses and nothing else. I always suggest all the new comers that give yourself some time and study trading. Then practice it and then finally invest.

The more your practice, the more you learn.
Členem od Sep 23, 2020   42 příspěvků
Sep 24, 2020 at 10:29
EbonyJones posted:
Most of the new traders want to make money quickly in this market. This is the most common mistake. For making money quickly most traders make wrong decisions and lose their money.
Correct. Forex is not a quick and easy way of getting rich. Results are seen with those only who work hard for it, practice and give their best.
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