Edit Your Comment
New in forex trading
Mar 10, 2021 at 07:57
Mitglied seit Aug 11, 2017
886 Posts
as a newcomer , learning Forex now already easy actually because many source we can learn and read from these sources , yes pips is almost popular website among trader to learn Forex on school tab section , but also will very important while learn on theory also use demo account to practice .
Mitglied seit Mar 17, 2021
536 Posts
Mar 17, 2021 at 19:04
Mitglied seit Mar 17, 2021
536 Posts
Quange posted:Yes. I completely agree with you. You have to be very serious about this business to make money from the forex market.
Only a serious relationship to this area will give you the opportunity to really reach a decent level of earnings.
Mitglied seit Mar 17, 2021
536 Posts
Sep 04, 2021 at 08:21
Mitglied seit Mar 17, 2021
536 Posts
RobSchiz posted:Yes. I agree with you. A demo is the best option for practicing.Imamul posted:A demo account will also be a good option to practice and learn. What you say?
you can start with learning first above all from psychology of school. go through this educational site minimum for 2 times . it will bring awesome knowledge with live experience.
Sep 06, 2021 at 19:57
Mitglied seit Sep 22, 2018
70 Posts
wleverts posted:
I am in Africa. completely new in forex trading. infact I know nothing on forex trading. I have been reading about automated softwares and every software has pretty bad reviews. any advices? I really wanna do this but I need an experts hand
Check out babypips and forex peace army
Mitglied seit Jul 23, 2020
759 Posts
Mitglied seit Jul 23, 2020
869 Posts
Nov 12, 2021 at 06:03
Mitglied seit Nov 03, 2021
53 Posts
@Sofie_Andreasen The common trait of scammers is that they will promise ridiculously high returns. It’s crucial to do proper research before committing to any expert advisor and always backtest it on a practice account. The performance of an EA on a demo account will show you if it’s suitable to use in the real market conditions or not.
Dec 09, 2021 at 07:04
Mitglied seit Mar 28, 2021
617 Posts
My list of worst thing a newbie can do is to scalp often as this is really risky for newbie. They might get fearful and ended up existing before they profit so they will lose out that way as well. Also, if they get impulsive and depend entirely on forex for an income then they will open many revenge trades and so on which can lead to losses.
Mitglied seit Aug 17, 2021
94 Posts
Mitglied seit Nov 23, 2021
34 Posts
Dec 16, 2021 at 13:03
Mitglied seit Nov 23, 2021
34 Posts
If you are just starting out, you can focus on manual trading first. After gaining some experience, you can move to collecting information about automated trading also. I am saying this because in automated trading, you will have to set some conditions for your program. If you don’t have any knowledge, you won’t be able to do that correctly. So, just make the most of the time you have and gather as much information as you can about trading before you build your own system.
Dec 17, 2021 at 05:43
Mitglied seit Dec 13, 2021
32 Posts
As a beginner, one should use a demo account for a while to learn how to trade currencies. A demo trading account gives the trader a chance to trade in a live environment but with virtual money. It is a good idea to write down what one expects from the market, how certain strategies are used, etc. It trains in discipline and brings more perspective.
Feb 01, 2022 at 08:15
Mitglied seit Dec 20, 2021
25 Posts
UweMoench posted:Agreed, it is very important to have enough knowledge in order to get profitable.
The forex market is volatile. It is important to understand how to make money in this market. You can always do something else if you don't feel it's right for you.
*Kommerzielle Nutzung und Spam werden nicht toleriert und können zur Kündigung des Kontos führen.
Tipp: Wenn Sie ein Bild/eine Youtube-Url posten, wird diese automatisch in Ihren Beitrag eingebettet!
Tipp: Tippen Sie das @-Zeichen ein, um einen an dieser Diskussion teilnehmenden Benutzernamen automatisch zu vervollständigen.