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New in forex trading
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AliaDare

Member Since Jul 19, 2020  160 posts AliaDare Aug 21 at 07:17
New traders are usually very ignorant about the subject of trading, which is why they need to learn a lot. If he does not learn to trade, he may lose his entire deposit. So I always suggest new traders learn and join trading. There is a lot to learn in trading. New traders can do demo trading to gain basic knowledge. I used the demo account of Eurotrader at first to know the basics, Still, I am trading under this broker.

Mohammadi

Member Since Aug 11, 2017  791 posts Mohammadi Aug 21 at 11:52
as newcomer Honestly speaking, if you want to get maximal result by scalping first of all you have to make sure lowest trading spreads which is very supportive to make profit with certainly by using any kinds of trading strategies in particularly the scalping that brings profit in a short time. Actually from all trading elements spreads is mainly considered as an important financial tool which an investor should consider when choosing a broker.

AliaDare

Member Since Jul 19, 2020  160 posts AliaDare Aug 23 at 23:59
If you want to trade, you must first learn a lot. If you do not learn to trade, you will lose a lot. You need to know about analysis, you need to know about money management, you need to know about risk management. You can get some basic ideas from this forex forum. If you want, you can discuss the trading strategy in detail. There are many types of sites where you can learn a lot about Forex trading. Or you can take help from here to learn YouTube or Google.

cardigan

Member Since Jul 27, 2020  56 posts cardigan Aug 24 at 06:34
Make sure that you have a realistic goals, which is one of the best trading secrets. Unrealistic profit targets will quickly lead to reckless decision making. So, set yourself small and realistic goals, particularly to start with.

ElliotCooke

Member Since Jul 20, 2020  229 posts ElliotCooke Aug 24 at 16:45
New traders should have complete knowledge about the forex market. They can get proper knowledge of forex from a demo account. According to me, A demo account is the most effective way of learning forex.

EbonyJones

Member Since Jul 20, 2020  167 posts EbonyJones Aug 28 at 18:57
If you are new in this market you should be very careful when you are going to choose your broker. There are so many fake brokers in the market. So, research properly before taking decision.

LeviSievwright5

Member Since Jul 20, 2020  162 posts LeviSievwright5 Oct 15 at 01:59
Proper discipline is required to maintain the loss in Forex trading. New traders lose due to a lack of discipline. So if you want to maintain the loss, you should manage money management and risk management. As a new trader, a trader needs to gain experience by practicing demo. And you have to collect a lot of information online.

EbonyJones

Member Since Jul 20, 2020  167 posts EbonyJones Oct 15 at 10:25
If you are new in this market, you have to gather all he knowledge about trading before entering into this risky market Without proper knowledge you can not make money from this market.

IvanMelnik

Member Since Jul 09, 2020  29 posts IvanMelnik Oct 16 at 07:55
EbonyJones posted:
If you are new in this market you should be very careful when you are going to choose your broker. There are so many fake brokers in the market. So, research properly before taking decision.

Yes, forex is also no exception. Basically it is on us to choose a broker carefully after considering all the vital points.

blandpatsyy

Member Since Jul 17, 2020  26 posts blandpatsyy Oct 19 at 11:04
It’s always better to take up a trading course to get your basics right.

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.