Um den Chat zu nutzen, melden Sie sich bitte an.

NEW TO TRADING

RobSchiz
Jul 01 2021 at 17:45
567 Posts
Aurisida posted:
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
Yes. Proper practice can help you to make huge money.
SteveHanks
Nov 06 2021 at 18:27
536 Posts
RobSchiz posted:
Aurisida posted:
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
Yes. Proper practice can help you to make huge money.
Practicing can make you very skillful and experienced.
skihav
Nov 07 2021 at 07:31
801 Posts
The most important thing for a beginner is to pay attention to learning and gaining experience. These are the most important aspects.
dutchy1986
Nov 08 2021 at 16:22
52 Posts
cashonmymind posted:
I'm interested in trading but don't know where to start. Any tips?
you need to spend a long time using forums and learn the skill and then practice on a demo account
Fearlesswalker (Fearlesswalker)
Nov 09 2021 at 15:12
30 Posts
I always advice new traders to start off from the determination why do they need trading. If they can answer this question without any illusions, like making millions, then they should start learning trading activity. Try to learn as much information as you can and try to do it chaotically. Of course, you have to determine which trading style is the most preferable to you. For example, if we speak about technical analysis and short-term trading, then try to learn everything about it. When you will gain some information, you have to find a proper broker and open a demo account. There you can start practicing and gaining experience. After you see the results of your practicing, try to trade small amounts of money on a real account and analyze your steps.
Tradextol
Nov 10 2021 at 05:41
57 Posts
I would suggest a few things:

  1. Know the significance of educating yourself regarding the Forex market.
  2. Understand your limits and risk taking power.
  3. Understand where to stop during the trade.
  4. Control your emotions.
  5. Maintain a slow and steady pace.
sharabela
Nov 10 2021 at 08:13
136 Posts
cashonmymind posted:
I'm interested in trading but don't know where to start. Any tips?
First to start with, make up your mind to be devoted towards Forex learning. Do a good search on the internet to get forex videos, lessons, pdf. You get a lot of free learning materials on the web. Practice your learning on demo account. Take time to find a solid strategy that works for you. Never be in a hurry to jump into live trading. I am wishing you all the very best.
Reece Rispoli (reece22)
Nov 10 2021 at 13:44
70 Posts
cashonmymind posted:
I'm interested in trading but don't know where to start. Any tips?


Start with some of the free courses gain some knowledge then open a demo account but this will take time don’t rush into it
Akasuki
Dec 09 2021 at 06:58
608 Posts
Skinim posted:
It's very good for a beginner, you need to practice on a demo account in order to quickly switch to a real account.
Here are some reasons why it is highly recommended for you to practice with a demo account:
Learn and experiment with play money
A demo account mimics the actual market in real time and allows you to use play money. This gives you space to try out a number of techniques, without fear of losing your actual money.
WimConrad
Dec 09 2021 at 07:12
18 Posts
Akasuki posted:
Skinim posted:
It's very good for a beginner, you need to practice on a demo account in order to quickly switch to a real account.
Here are some reasons why it is highly recommended for you to practice with a demo account:
Learn and experiment with play money
A demo account mimics the actual market in real time and allows you to use play money. This gives you space to try out a number of techniques, without fear of losing your actual money.
I agree with you completely - if a person cannot be profitable on a demo, there is no way you can trade a live account without all the added pressure! You can also learn to trust your system 100% and this will help relieve a lot of pressure on a live account.
AliForexTalks
Dec 11 2021 at 18:41
94 Posts
You must first select a reputable broker. After that, you must practise demo trading with that broker. You'll also need to do a lot of research and gather information online in addition to demo trading.
LucianVince
Dec 16 2021 at 13:17
34 Posts
There is so much information on the internet that you can go through to learn forex trading. You can read articles, watch videos, and even attend webinars to know more. Plus, forums like myfxbook are a great place to talk to other traders about their strategies and learn.
RobSchiz
Dec 18 2021 at 19:39
567 Posts
LucianVince posted:
There is so much information on the internet that you can go through to learn forex trading. You can read articles, watch videos, and even attend webinars to know more. Plus, forums like myfxbook are a great place to talk to other traders about their strategies and learn.
You need to learn all the basics of forex properly before making any investment in the real account.
Akasuki
Sep 20 at 09:21
608 Posts
Traders have to remove these thoughts from their mind. But if traders have a profession EA, then things are different for them.
HeavenLeighGill (HeavLeighGill26)
Sep 22 at 15:47
380 Posts
The Babypips website helped me a ton in the beginning.
Bannock
Sep 23 at 10:50
17 Posts
In my opinion, you should start with the basics. Grab some good books and start reading them. You can also take help of youtube videos. Remember that apart from knowledge and experience, you must learn to make a trading plan and practise on a demo account. Be disciplined and follow the plan consistently. Don’t be emotional and maintain patience.
Formicate
Sep 26 at 10:29
18 Posts
I started by reading ‘Market Wizards’ by Jack D. Schwager. It is a great book that includes interviews of many renowned investors/traders and their experience throughout their journey to profit. Demo trading helped me a lot. So, I think all traders should do that. Good luck.
AbbasAliKhan08
Oct 03 at 13:09
63 Posts
this is a good place for the traders who are particularly beginners . i hope you will enjoy this environment , happy trading , good luck
Eric (Goldbarrel)
Oct 03 at 13:39
18 Posts
Every beginner should use this site to observe experienced traders.
Make money with people who know how to make money.
Pasquale (Pasq1978)
Oct 03 at 14:02
5 Posts
I agree, the more you watch professionals the more you learn fast !
Bitte melden Sie sich an, um zu kommentieren.