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For Newbie

ElliotCooke
Dec 31 2020 at 15:20
341 Posts
If you want to make money by trading. You need to be serious and committed. It needs a great deal of knowledge and skills. For that one meeds to study a lot. Best of luck in your journey.
Jude_craig
Jan 05 2021 at 06:41
81 Posts
ElliotCooke posted:
If you want to make money by trading. You need to be serious and committed. It needs a great deal of knowledge and skills. For that one meeds to study a lot. Best of luck in your journey.
Dedication is all I would say. Constant efforts and skills are a must which will help a trader get good at trading.
Mohammadi
Jan 06 2021 at 07:23
886 Posts
Losing initial investment is a part of Forex trading that cannot avoid the maximum beginners. So please don’t worry and never give up. Try to kick off learning from Zero level. Learn from your past mistake and you can learn from myfxbook, Babypips , Fx Factory , FPA forums where so many important thread about how to overcome from losses , senior experts always express their views about at any problems. And must be focus in demo account until a big success.
Adribaasmet
Jan 07 2021 at 10:12
994 Posts
Forex market or forex trading i think is completely secure but it depends on your broker performance ,
because without a broekr you cant a trade at all.
Hrenz
Feb 03 2021 at 08:02
38 Posts
It is very important to work with a reliable broker, so I chose Amarkets which has been on the market for 13 years and has a large number of clients.
RobSchiz
Apr 18 2021 at 09:07
567 Posts
ElliotCooke posted:
If you want to make money by trading. You need to be serious and committed. It needs a great deal of knowledge and skills. For that one meeds to study a lot. Best of luck in your journey.
I agree with you. Without proper knowledge, you can not survive in this risky market.
SteveHanks
May 29 2021 at 17:21
536 Posts
Hrenz posted:
It is very important to work with a reliable broker, so I chose Amarkets which has been on the market for 13 years and has a large number of clients.
A good broker can be the key to success in this market.
Ferdii
Jun 24 2021 at 04:42
20 Posts
Very often brokers who have a very good reputation always help newbies to get comfortable and start trading correctly.
KenAdams
Jun 24 2021 at 08:07
40 Posts
Ferdii posted:
Very often brokers who have a very good reputation always help newbies to get comfortable and start trading correctly.
That's why the right selection of a broker is very important for a trader.
SofieAndreasen
Jul 08 2021 at 16:03
759 Posts
Traders especially newbie lose more than earn. So, be careful if you are a new trader.
SteveHanks
Dec 18 2021 at 20:23
536 Posts
ElliotCooke posted:
If you want to make money by trading. You need to be serious and committed. It needs a great deal of knowledge and skills. For that one meeds to study a lot. Best of luck in your journey.
I agree with you. You need to be very disciplined to make money from this market.
Davidfx89
Dec 20 2021 at 11:35
198 Posts
in spite of having most powerful analyzing trade knowledge there is no chance to bring good amount of profit if you dont know how to manage discipline.
HeavenLeighGill (HeavLeighGill26)
Dec 21 2021 at 16:37
401 Posts
Self-improvement is a good thing for beginners to focus on and the money usually follows. I personally started with a low balance but went back and made a larger deposit once I felt confident enough to do so. It is helpful to be able to start small if that's what you'd like to do.
LyudmilLukanov
Dec 28 2021 at 16:03
869 Posts
Traders need to be prepared for risks, losses, hard work, and difficult times.
RobSchiz
Dec 30 2021 at 05:47
567 Posts
LyudmilLukanov posted:
Traders need to be prepared for risks, losses, hard work, and difficult times.
Loss is a common thing in this market. You need to be always ready to face the losses.
AndrewMcCalam54
Dec 30 2021 at 10:20
132 Posts
the beginners always try to bring profit with high leverage but in practically
 there is no way to make profit by using high leverage without most powerful analyzing risk management.
SofieAndreasen
Dec 31 2021 at 17:37
759 Posts
By focusing on the process rather than the financial profit, traders can avoid stress and maintain an interest in trading.
UweMoench
Jan 08 2022 at 14:09
751 Posts
My first thought was that trading isn't for everybody. It requires lots of time studying. Within 3 or 6 months, you're unlikely to become something (most beginners have plenty of time). Don't chase pips, instead of enhance your abilities. You'll earn consistent profits by following a well-established trading strategy.
Akasuki
Jan 09 2022 at 14:13
617 Posts
Do not make trades based on the assumption. Learn to trade efficiently. Don't rush. It requires time to be profitable. Do not try to chase pip. Make sure you are developing your capabilities and skills, and pips will be a natural result. Don't think of forex as gambling.
Dumuro (Dumuro)
Jan 11 2022 at 19:04
26 Posts
I partly agree with your words. Newbies have to start off with the little amount of money. Of course, nowadays traders think that the more money they will depoit, the more money they will be able to earn but it's just partly so. If we speak about leverage trading, then of course, the more money you can use for opening a position, the more money you will earn, however leverage trading always brings plenty of risks, which the most part of traders isn't able to take because of a fear to lose everything they have. In my opinion, newbies should either go to demo account and earn money on demo account or they have to start off with the small sums of money on real accounts.
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