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newcomers trading habit

reggae
May 19 2020 at 04:29
61 Posts
It is very difficult for newcomer to make the right judgment since they are new to everything. But hopefully, by the time, they know how to adjust and make the changes can help in bringing the dramatic difference.

Roberto21
May 19 2020 at 10:53
364 Posts
Demo account generally is more appropriate to ensure the basic fundamental market experience which is very supportive to continue a live account in a proper way , but not appropriate to make sure brokers performance but shortly you can understand how the broker works.

Raushelle
May 21 2020 at 09:09
23 Posts
reggae posted:
It is very difficult for newcomer to make the right judgment since they are new to everything. But hopefully, by the time, they know how to adjust and make the changes can help in bringing the dramatic difference.

Right! In the beginning everyone faces issues, but with good research and study, they get a good hold on everything.

FundsProManager (TraderProHungary)
May 21 2020 at 11:11
83 Posts
Go and trade with experience trader before you try to trade on your own, as a professional I will never advise you to venture into trading yourself if you have not done that I just said, and at least 1 year with a proffesional experienced trader.

Vozil559
May 21 2020 at 15:54
19 Posts
A beginner's best habit is to get used to what you have to learn. This is a fact, because if you think you can learn one strategy and earn money from it, you are already on the wrong track.

Imamul
May 21 2020 at 16:25
615 Posts
right now in this time when COVID 19 is going over the world so many things stopped but one thing has never chanced that is newcomers common mistake , they trade random still , i have been seeing from last couple of weeks.

Malohuginn
May 26 2020 at 17:58
19 Posts
Just take your time, because rushing won't help you earn or succeed. And maybe you shouldn't be afraid of making mistakes. It's okay.

FundsProManager (TraderProHungary)
May 26 2020 at 18:35
83 Posts
Mohammadi posted:
The newcomers cannot avoid losses by their greediness and emotions, it’s true. But the regular traders cannot come out their losses because of having most powerful risk management and MM. they always fours on just acquiring good trading knowledge . of course we have to do it. But besides it must be focused on risk managing approach if we want to avoid losses.


Get a good risk management and you are a successful trader

Raushelle
May 28 2020 at 07:18
23 Posts
Vozil559 posted:
A beginner's best habit is to get used to what you have to learn. This is a fact, because if you think you can learn one strategy and earn money from it, you are already on the wrong track.

I agree! No single strategy works all the time, the market keeps changing. Good advice

Cruz45
May 28 2020 at 08:58
31 Posts
Malohuginn posted:
Just take your time, because rushing won't help you earn or succeed. And maybe you shouldn't be afraid of making mistakes. It's okay.

Yes agree with you and adding on i'd say don't try to time the market.

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