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Beginner's Tips

Neojaker
Feb 14 2020 at 06:54
1 Posts
forexcyborg posted:
Mohammadi posted:
I have seen mostly brokers don’t allow scalping in their trading platforms. So we the traders who are particularly scalpers have to choose our broker carefully. First of all we have to ensure brokers trading spreads , actually without lowest trading spreads that’s not possible at all to make profit with certainly in spite of having good trading knowledge .


Only MM (=Market Makers) broker would not allow scalping. Better avoid such brokers and search for real A-Book brokers with low trading costs.
hi forexcyborg i have an issue with my ea it apperas in trading status waiting for the trade timeframe but im already in 15 min chart and dont start trading what can i do

Brahma23
Feb 16 2020 at 16:54
27 Posts
I think most of the traders fail because of their wrong choice of brokers. Though you have a lot of knowledge about forex, a wrong broker can put you in danger. I am trading for a long time. In the very beginning, I faced so many problems to choose my broker. I was searching for an advisor who can suggest me a good broker.

Thines1
Feb 23 2020 at 18:07
21 Posts
As a beginer, you do not need to have much capital in your trading account yet. Even if you have a lot, never trade with all your capital at once. Learn as much as possible about risk management, and do not risk a high percentage of your trading capital at any given time

Yozuru
Feb 29 2020 at 09:12
18 Posts
The whole secret is only to remember your preferences and stick to your strategy even when you really want to sin and break all the rules. It seems to me that the accuracy and literacy of the work can ensure a positive result - everything else.... is just luck...

JaniceLiu
Mar 03 2020 at 10:26
17 Posts
Yozuru posted:
The whole secret is only to remember your preferences and stick to your strategy even when you really want to sin and break all the rules. It seems to me that the accuracy and literacy of the work can ensure a positive result - everything else.... is just luck...


just find a way to control your mind, especially greedy mind.

PeteLanceley
Mar 09 2020 at 23:44
48 Posts
Forex is 20% strategy and 80% mind set. Risk management and risk/reward is key!

Mohammadi
Mar 10 2020 at 04:50
886 Posts
if you are a newcomer , i request dont skip anything ,
 is all important for you to bring good experience as a newbie. so, focus on there with regular practice.

Dwane47
Mar 10 2020 at 09:33
29 Posts
Research broker, open a demo account, understand commissions and spreads, understand various levels of accounts, create a basic trading plan, develop an exit strategy, determine your risk tolerance and protect yourself.

Roberto21
Mar 10 2020 at 09:58
364 Posts
as a beginner, which broker is comfortable for you , its depends on your trading conditions , if love doing scalping should choose the broker which allows trading concept such as this.

Imamul
Mar 10 2020 at 10:40
593 Posts
beginners lost discipline when they fall a great loss,
 in that time they always try to recover all losses by over trading. its just a part of immature attitude.

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