According to my personal trading experience, Price Action trading system is the best. It’s the most flexible one! Since you can use any kind of trading instrument here including crypto’s.
So many new Forex traders try to make money from here without learning. As a result they become loser due to lack of exact trading knowledge. It’s a common thinking. I think by and large lose because they trade with emotions and don’t know how to manage money in Forex.
Mar 13 2021 at 09:04
Forex traders who think always its easy money-making process, at the end of the day be a loser. its not a place to make money easily within rapidly, its all about making good knowledge and experience. take it or leave it. decisions is yours. thanks
Mar 16 2021 at 05:56
Start with a trading course or read some articles or books for the time being, and then look for a trading platform. Good luck.
The main thing in the beginning should be the theory in order to study, understand and then begin to act, already having some knowledge.
Forex trading is getting popular day by day. You can make money by trading foreign currency. It can be a good source of income if you can learn the art of trading. To acquire the knowledge and skills you need to study a lot.
And Forex always offers us quite favorable and comfortable conditions. But for the most part, this is offered to us by brokers.
Imamul posted:Yes. You are right. Low knowledge can be very dangerous for the traders. They may lose all their money because of their low knowledge.
So many new Forex traders try to make money from here without learning. As a result they become loser due to lack of exact trading knowledge. It’s a common thinking. I think by and large lose because they trade with emotions and don’t know how to manage money in Forex.
Apr 10 2021 at 17:15
Tremblay posted:Learning is very much needed to make money from this market.
Forex trading is getting popular day by day. You can make money by trading foreign currency. It can be a good source of income if you can learn the art of trading. To acquire the knowledge and skills you need to study a lot.
A beginner needs to learn and as thoroughly as possible, and use a variety of resources, this will provide an opportunity to become more familiar and understand this market.
Apr 12 2021 at 08:37
newcomer always try to bring profit with no learning , its a wrong decision always , they always try to bring profit by using high leverage due to low money management.
Adribaasmet posted:Yes. lack of proper learning can be the cause of your losses in this market.
newcomer always try to bring profit with no learning , its a wrong decision always , they always try to bring profit by using high leverage due to low money management.
May 06 2021 at 10:54
for new in trading Demo is the most decent way of learning , but I also use back testing feature of Mt4 trading platform. Yes, no doubt demo is useful, but it’s a slow process! Besides, back testing is quick process! I used back testing after practicing my demo for 5 months.
May 09 2021 at 00:32
Adribaasmet posted:Yes, the demo platform is the best for new traders. Proper education can be achieved on the demo platform.
for new in trading Demo is the most decent way of learning , but I also use back testing feature of Mt4 trading platform. Yes, no doubt demo is useful, but it’s a slow process! Besides, back testing is quick process! I used back testing after practicing my demo for 5 months.
No matter how much a beginner would like to make real money faster, it is best to practice on a demo account, it will show you will not be sure of your readiness
It's very good for a beginner, you need to practice on a demo account in order to quickly switch to a real account.
Traders that start with a live account just lose all their money and give up. Those that start on a demo account have the luxury of being able to take their time and learn from their mistakes
You can open an account with a reliable broker platform and practice your trades before putting any money into it. There are demo accounts that the brokers provide which you can use to get better at trading.
May 29 2021 at 10:42
For me, the most important part is getting knowledge about trading platform/broker. I think that before entering the market, you need to study all the information about the market, trading, brokers. It was hard for me to choose the right broker. I searched a lot of sites in order to find smth good. I also spent a lot of time looking for a broker and accidentally found this site Finarm, which has a whole bunch of different companies listed. It's pretty convenient and can give you some insights.
May 29 2021 at 16:39
Skinim posted:A demo is the best place to learn forex properly.
It's very good for a beginner, you need to practice on a demo account in order to quickly switch to a real account.
