Apr 22 2020 at 15:07
The newcomers cannot avoid losses by their greediness and emotions, it’s true. But the regular traders cannot come out their losses because of having most powerful risk management and MM. they always fours on just acquiring good trading knowledge . of course we have to do it. But besides it must be focused on risk managing approach if we want to avoid losses.
Apr 23 2020 at 07:31
I mean there are so much to learn in forex trading..you have to control your emotions, you have to manage the risk, money and more...that is what forex trading so much beautiful in the end.
Apr 23 2020 at 12:24
True @feelsofine Emotions are one thing which i consider the most in trading, it is very important to learn to deal with it otherwise it ruins your trading.
Apr 24 2020 at 16:40
as a newcomer Don’t focus on your capital; focus on your process! By the way, you have to invest your capital only when you are very sure on your trading skill, here knowledge is the key not your healthy trading equity.
Apr 28 2020 at 07:08
As a newcomer, it is important to focus on build a trading strategy and invest wisely.
Apr 28 2020 at 08:57
What are the best strategies for new comers?
Apr 29 2020 at 16:44
Newcomers should focus on others inevitable part of trading besides acquiring good trading knowledge. Controlling emotions , avoid revenge trading , overtrading , money management ,RR and much more things they have to observe for avoiding unfortunate loss.
Apr 29 2020 at 17:16
practically as a newcomer it is quite difficult to keep patience for a long time , so demo trading for long time we the newcomers have to practice , it can help us for ensuring a great patience.
May 15 2020 at 20:14
The fastest way for a beginner to get settled is a demo account. Even there, the trader starts to develop some habits and new qualities. If they are good and have a positive effect on both trading and the person - then they should be developed further. If they aren't, then they must be immediately changed or even eliminated. The trading journal also helps to follow yourself and your habits. Using it, you'll be able to analyze the problems and find your weak points. So, I recommend keep trading journal to all beginners!
May 18 2020 at 08:23
Imamul posted:True, even i had a problem being patient in the start. Patience takes a lot of time to come to newbies. But practice should be restricted to demo trading only, as emotions are less prominent there. We should do both demo and live account trading if we want to control emotions.
practically as a newcomer it is quite difficult to keep patience for a long time , so demo trading for long time we the newcomers have to practice , it can help us for ensuring a great patience.
May 19 2020 at 04:29
It is very difficult for newcomer to make the right judgment since they are new to everything. But hopefully, by the time, they know how to adjust and make the changes can help in bringing the dramatic difference.
May 19 2020 at 10:53
Demo account generally is more appropriate to ensure the basic fundamental market experience which is very supportive to continue a live account in a proper way , but not appropriate to make sure brokers performance but shortly you can understand how the broker works.
May 21 2020 at 09:09
reggae posted:Right! In the beginning everyone faces issues, but with good research and study, they get a good hold on everything.
It is very difficult for newcomer to make the right judgment since they are new to everything. But hopefully, by the time, they know how to adjust and make the changes can help in bringing the dramatic difference.
May 21 2020 at 11:11
Go and trade with experience trader before you try to trade on your own, as a professional I will never advise you to venture into trading yourself if you have not done that I just said, and at least 1 year with a proffesional experienced trader.
Market Direction
May 21 2020 at 15:54
A beginner's best habit is to get used to what you have to learn. This is a fact, because if you think you can learn one strategy and earn money from it, you are already on the wrong track.
May 21 2020 at 16:25
right now in this time when COVID 19 is going over the world so many things stopped but one thing has never chanced that is newcomers common mistake , they trade random still , i have been seeing from last couple of weeks.
May 26 2020 at 17:58
Just take your time, because rushing won't help you earn or succeed. And maybe you shouldn't be afraid of making mistakes. It's okay.
May 26 2020 at 18:35
Mohammadi posted:
The newcomers cannot avoid losses by their greediness and emotions, it’s true. But the regular traders cannot come out their losses because of having most powerful risk management and MM. they always fours on just acquiring good trading knowledge . of course we have to do it. But besides it must be focused on risk managing approach if we want to avoid losses.
Get a good risk management and you are a successful trader
Market Direction
May 28 2020 at 07:18
Vozil559 posted:I agree! No single strategy works all the time, the market keeps changing. Good advice
A beginner's best habit is to get used to what you have to learn. This is a fact, because if you think you can learn one strategy and earn money from it, you are already on the wrong track.
May 28 2020 at 08:58
Malohuginn posted:Yes agree with you and adding on i'd say don't try to time the market.
Just take your time, because rushing won't help you earn or succeed. And maybe you shouldn't be afraid of making mistakes. It's okay.
