Beginner's Tips

Dec 24, 2018 at 15:09
12,257 Angesehen
238 Replies
Mitglied seit Aug 11, 2017   886 Posts
Feb 04, 2021 at 10:11
Loss is an inevitable part of trading there is nobody who can avoid it completely; mostly loss occurs due to lack of exact money management plan as well non-skill trading knowledge. So, for avoiding loss we have to focus on there.
Mitglied seit Aug 27, 2017   994 Posts
Feb 04, 2021 at 13:22
its a very positive attitude to want something different in life
, i mean successful and exceptional people always different from others we have , good move.
Mitglied seit Nov 19, 2020   104 Posts
Feb 10, 2021 at 06:00
The first step for any beginner, in any field, has to be to learn. So that is one advice I want to give to all forex newbies. Get yourself all mugged up with the basics, research well and only then stake your funds here.
Mitglied seit Dec 24, 2020   16 Posts
Mar 02, 2021 at 04:36
I’m glad you took the time to clarify this for beginners and other traders too. Thanks for sharing this on the platform. Looking forward to more of these.
Mitglied seit Mar 21, 2020   7 Posts
Mar 07, 2021 at 11:02
Practice, practice, practice makes perfect. Keep at it and you will figure it out. There are strategies that bring consistent profits.
Mitglied seit Aug 09, 2017   785 Posts
Mar 10, 2021 at 08:27
We joined in this trading place because of earning money hugely. But after passing sometimes we can realize how much difficult this one , so before entering in here beginner trader should know the reality . it can support them for avoiding loss.
Mitglied seit Nov 05, 2020   54 Posts
Apr 06, 2021 at 14:34
Precisely because I understand that the lower, the more profitable and more successful trading.
Mitglied seit Aug 09, 2017   785 Posts
Apr 07, 2021 at 07:24
the beginners always try to bring profit with no learning ,
they take this market place as a money making place , so we should remove this immature mentality.
Mitglied seit Aug 27, 2017   994 Posts
Apr 07, 2021 at 10:38
its a very common issue but traders should keep the good mentality , because there is no short cut way of learning.
Mitglied seit Jul 23, 2020   869 Posts
Apr 07, 2021 at 15:59
The beginners should learn basic trading before experiencing real trading.
Mitglied seit Aug 09, 2017   785 Posts
Apr 08, 2021 at 06:40
learning is important but if you dont have a reliable support from a credible trading broker any kind of learning can be useless , so be careful
Mitglied seit Jul 23, 2020   759 Posts
Apr 08, 2021 at 09:35
Practice in the demo for at least 4 months. Don’t rush into real trading without proper knowledge.
Mitglied seit May 27, 2021   16 Posts
Jul 08, 2021 at 12:07
Three most important advices I wished someone gave to me.
1. Never trade if your emotions are not in the right place
2. Always put stop loss in every use
3. Practice in demo trading as much as you can
Mitglied seit Jun 17, 2021   12 Posts
Jul 08, 2021 at 12:15
For those who are new to forex trading, a demo account is a great learning tool.
Mitglied seit Jun 17, 2021   46 Posts
Jul 23, 2021 at 10:28
@ Bulldog_M I completely agree with you. I would also like to add that it is the beginners who are victims of scams and frauds. So, my suggestion here would be to choose a reliable and well-known broker for a smooth trading experience both in demo as well as live accounts.
Mitglied seit Jun 26, 2020   327 Posts
Jul 25, 2021 at 06:45
the leverage ratio is very much complicated issue for the beginners trader , because it contains huge risk from all financial tool in Forex trading , for that reason traders should more careful when using leverage.
Mitglied seit Mar 28, 2021   617 Posts
Jan 16, 2022 at 12:55
RobSchiz posted:
Low spreads is important especially for scalping. For scalping profit target usually not big. If spreads is huge proper execution and exit of a trade would be difficult.
With a well-planned plan, we must also ensure that we execute the plans. Without proper execution the plan will fail. not a great plan.
Mitglied seit Mar 17, 2021   536 Posts
Jan 17, 2022 at 18:48
Tradelist45 posted:
the leverage ratio is very much complicated issue for the beginners trader , because it contains huge risk from all financial tool in Forex trading , for that reason traders should more careful when using leverage.
Leverage is very useful in this market if you have enough knowledge and skills.
Mitglied seit Jul 19, 2020   751 Posts
Jan 31, 2022 at 18:39
If you're not making money with your own money, don't trade with money from other people. It can lead to double losses.
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