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When a trader is a newbie
Mar 02, 2021 at 03:59
When a trader is a newbie in Forex , the first thing he or she should be doing to do more of the learning. The beginner traders do not know which road to take in Forex and that is why they are always getting confused, it is better when they take their practicing and learning very serious so that they can learn better.
Mar 02, 2021 at 05:29
Yes, beginner they need to learn and doing more on practice even use demo account, with practice hence will make perfect, we often hear this quotation and this is good to motivated our trading journey, which as trader must more practice on real trading than only from theory.
Mitglied seit Jan 11, 2019
140 Posts
Mar 02, 2021 at 10:16
Yes learning is most imp while you are a newbie. this is the time when you can make it or break it..
Mitglied seit Jan 22, 2021
126 Posts
Mar 04, 2021 at 11:22
I think a trader is still a newbie if he has no knowledge of the forex market although he is trading on call and trade. The real trader is the one who is trading on forex with his skills. The tag of newbie can only be removed with experience.
Mitglied seit Oct 05, 2020
16 Posts
Mar 09, 2021 at 04:27
blackChelsea posted:
I think a trader is still a newbie if he has no knowledge of the forex market although he is trading on call and trade. The real trader is the one who is trading on forex with his skills. The tag of newbie can only be removed with experience.
Yes, a skilled trader will surely benefit from the market and since they know how everything works, they can be at an advantage.
Mitglied seit Jul 23, 2020
696 Posts
Mar 10, 2021 at 15:09
reggae posted:
Newbie do not have any knowledge when entering into forex market, so it is advisable to start preparing and understanding how forex market and how trading happens.
Right. That’s why most new traders often lose money in the market.
Mitglied seit Jan 11, 2019
140 Posts
Mar 10, 2021 at 17:51
Michihito posted:
When a trader is a newbie in Forex , the first thing he or she should be doing to do more of the learning. The beginner traders do not know which road to take in Forex and that is why they are always getting confused, it is better when they take their practicing and learning very serious so that they can learn better.
I think beginner should trade on demo account for atleast 6 months
Mitglied seit Nov 03, 2020
3 Posts
Mar 11, 2021 at 11:57
Beginners might not know where to go and which way to go. They really need to find their own way of making money instead of following someone else.
Mar 11, 2021 at 12:14
When you are a beginner, you do not know where to start, so it is better if you can start gaining knowledge by following some courses (make sure it is free) and learn as much as you can so that you will be able to gain better understanding in future
Mitglied seit Nov 06, 2018
81 Posts
Mar 16, 2021 at 14:29
Lots of free courses online, including Babypips and YouTube. Practice on demo until you are consistent, and then consider going on a live account.
Mitglied seit Jul 23, 2020
816 Posts
Mar 16, 2021 at 17:26
TradeHut posted:
I think that a trader is a newbie until he has gained sufficient knowledge to trade. Forex trading is all based on knowledge and dedication and to make a place in the market, beginners need to spend their enough time on learning.
Right. New traders should spend more time to learn the trading properly.
Mitglied seit Mar 17, 2021
494 Posts
Mar 17, 2021 at 18:38
Every new trader should practice on a demo account before investing their money in this risky market.
Mitglied seit Oct 07, 2020
90 Posts
Mar 19, 2021 at 04:36
Michihito posted:
When a trader is a newbie in Forex , the first thing he or she should be doing to do more of the learning. The beginner traders do not know which road to take in Forex and that is why they are always getting confused, it is better when they take their practicing and learning very serious so that they can learn better.
Just go with the demo account and rest will follow
Mitglied seit Dec 17, 2020
9 Posts
Mar 24, 2021 at 10:38
Yes, learning should be the first and the last step in trading and a newbie should focus on that.
