New Forex Trader Here

Dec 06, 2017 at 15:48
5,505 Angesehen
151 Replies
Mitglied seit Feb 08, 2019   213 Posts
Feb 10, 2019 at 07:25
Hi all, newbie here too. looking forward to a few good trading chats....
Mitglied seit Feb 07, 2019   34 Posts
Feb 10, 2019 at 07:26
walpants posted:
just here to say hi, i'm new here :)

Hi and welcome
Mitglied seit Feb 08, 2019   57 Posts
Feb 11, 2019 at 06:49
I'm not new to myfxbook, but new to the forum community.... hi everyone :)
Mitglied seit Feb 10, 2019   54 Posts
Feb 12, 2019 at 07:03
Hi all - also new to the forum and looking to gain experience
Mitglied seit Feb 08, 2019   213 Posts
Feb 12, 2019 at 07:03
Hi Rachel
Mitglied seit Jan 03, 2018   162 Posts
Feb 12, 2019 at 09:44
hi😀
nick123427@
Mitglied seit Feb 07, 2019   47 Posts
Feb 12, 2019 at 09:45
hi rachel
Mitglied seit Feb 08, 2019   57 Posts
Feb 12, 2019 at 11:12
Thanks for the welcome.

Have you all been trading for long?
Mitglied seit Aug 09, 2017   785 Posts
Feb 12, 2019 at 11:13
In Fx trading, learning is not easy despite of having too many sources including pips school, learning sometimes boning and usually new traders get tempts to start trading without enough knowledge and become fascinated with the way of trading live which may cause laziness and trapped by wishful thinking get rich quickly scheme
Mitglied seit Jul 14, 2015   1 Posts
Feb 12, 2019 at 14:39
I have been trading forex, futures, equities and options for over 15 years now as my sole source of income. It has been a difficult road. My advice for a new trader is to NOT pay for any courses, tips, schools, etc for at least a year because you can learn so much by reading good books on trading (which is 90% mental and 10% strategy setup). Yes Trading is 90% a psychological problem.
Watch as many youtubes on wave analysis that you can. People are going to try and sell you stuff. Don't buy anything. You are the solution to the problem. You can't rely on someone else. Join a meetup group in your area. Read Mark Douglas' books on trading.
Don't make any trades for at least 1 year. Make a PLAN (google search trading plan), which includes training on platforms.
Good luck to your journey.
Never give up!
Mitglied seit Feb 08, 2019   57 Posts
Feb 12, 2019 at 14:40
Learning forex can be very overwhelming, and despite the vast amount of education sources out there, I personally think as a complete newbie you should stick to one, and not try and jump into everything at once.
Master and understand the basics is vital.
There is a lot of hype out there, and it can be hard when first starting forex not to be pulled towards lots of different things and ultimately not get very far!
Mitglied seit Feb 12, 2019   10 Posts
Feb 13, 2019 at 07:24
I like what you say. I have tried so many different strategy and learning resource. I wish I had justed focused on area first and worked on that the whole time
Mitglied seit Feb 07, 2019   47 Posts
Feb 13, 2019 at 07:30
some great advice there guys thank you so much, the people that have been in your shoes are the best people to learn and take advice from :)
Mitglied seit Feb 17, 2019   1 Posts
Feb 19, 2019 at 07:38
Hey all - newbie here from London.

Having just finished the Babypips course and read Mark Douglas' Trading in the zone, I'm keen to develop my learning and build a system that will eventually get me out of my 9-5 and fully into swing trading. Pray for me!


I've actually been offered a chance to be mentored 1-on-1 for a £2.5K cost, so I'm currently trying to get as much advice as possible before committing

Many thanks,
Mitglied seit Feb 07, 2019   47 Posts
Feb 21, 2019 at 13:02
dwaynerapley posted:
Hey all - newbie here from London.

Having just finished the Babypips course and read Mark Douglas' Trading in the zone, I'm keen to develop my learning and build a system that will eventually get me out of my 9-5 and fully into swing trading. Pray for me!


I've actually been offered a chance to be mentored 1-on-1 for a £2.5K cost, so I'm currently trying to get as much advice as possible before committing

Many thanks,

good luck on your journey.
Mitglied seit Feb 07, 2019   34 Posts
Feb 24, 2019 at 07:22
walpants posted:
dwaynerapley posted:
Hey all - newbie here from London.

Having just finished the Babypips course and read Mark Douglas' Trading in the zone, I'm keen to develop my learning and build a system that will eventually get me out of my 9-5 and fully into swing trading. Pray for me!


I've actually been offered a chance to be mentored 1-on-1 for a £2.5K cost, so I'm currently trying to get as much advice as possible before committing

Many thanks,

good luck on your journey.

Good Luck from here too
Mitglied seit Feb 13, 2019   10 Posts
Feb 24, 2019 at 07:23
£2.5k sounds like a lot. How do you know the mentor is real and knows what they are doing? It could be some scam
Mitglied seit Feb 22, 2019   11 Posts
Feb 24, 2019 at 07:30
Who offers 1 on 1 mentoring? Is it online? I have not seen 1-1 mentoring before. Normally it is in a group
Mitglied seit Oct 08, 2018   10 Posts
Feb 24, 2019 at 07:46
dwaynerapley posted:
Hey all - newbie here from London.

Having just finished the Babypips course and read Mark Douglas' Trading in the zone, I'm keen to develop my learning and build a system that will eventually get me out of my 9-5 and fully into swing trading. Pray for me!


I've actually been offered a chance to be mentored 1-on-1 for a £2.5K cost, so I'm currently trying to get as much advice as possible before committing

Many thanks,

I am in US do you know if the person who is giving 1-1 tuition does it over skype? I really need some help with my trading
Mitglied seit Sep 12, 2018   22 Posts
Feb 24, 2019 at 08:00
I am just fixing my strategy and i am testing that in demo. My strategy is PA with rsi. I think it will be workable. First need to have reliable strategy then go to real trade. I am testing and correcting for 2 yrs in demo.
Day by day having better, better and better...
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