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For newbie long term trading

Dec 31, 2020 at 13:15
Vistas 636
17 Replies
Miembro desde Jul 19, 2020   posts 298
Dec 31, 2020 at 13:15
For newbie long term trading is good as it helps to develop trading psychology. And for long term H4 and D1 time frames are good. But above all, the best is what works for you. What works for me may not work for you. By study and experiment you have to find out what you understand the most and what works for you.
Miembro desde Nov 12, 2020   posts 23
Jan 11, 2021 at 07:15
Before making any investments, a newbie needs to understand his requirements. They must practice as much as they can on their demo account and then, plan what they really want to do.
Miembro desde Nov 19, 2020   posts 22
Jan 21, 2021 at 09:46
Yes, working and developing a trading psychology really helps a trader for long term growth. It is also important to have the right trading mindset.
Miembro desde May 24, 2020   posts 112
Jan 21, 2021 at 10:40
You just need to set yourself up for trading and set priorities for yourself.
Miembro desde Nov 17, 2020   posts 24
Feb 06, 2021 at 11:48
Duktilar posted:
You just need to set yourself up for trading and set priorities for yourself.
I guess a newbie should first learn at least the basics of trading. There is no point of trading without any prior knowledge.
Miembro desde May 24, 2020   posts 112
Feb 07, 2021 at 12:16
Of course, you are right, there is no point and logic in trading, I have no idea about anything.
Miembro desde Nov 23, 2020   posts 17
Feb 08, 2021 at 05:34
Raywilkins665 posted:
Duktilar posted:
You just need to set yourself up for trading and set priorities for yourself.
I guess a newbie should first learn at least the basics of trading. There is no point of trading without any prior knowledge.
Yes. Also, a new trader needs to understand that you won’t be getting profits as soon as you start trading. You have to keep yourself prepared for the losses too though they can be covered up later.
Miembro desde Nov 19, 2020   posts 104
Feb 08, 2021 at 05:57
Raywilkins665 posted:
I guess a newbie should first learn at least the basics of trading. There is no point of trading without any prior knowledge.
NO doubts about it, learning is the first step in any field, including forex. If one has little or no knowledge, then there is hardly any chance of achieving success.
Miembro desde Nov 17, 2020   posts 24
Feb 08, 2021 at 11:03
ramirokeller posted:
Raywilkins665 posted:
Duktilar posted:
You just need to set yourself up for trading and set priorities for yourself.
I guess a newbie should first learn at least the basics of trading. There is no point of trading without any prior knowledge.
Yes. Also, a new trader needs to understand that you won’t be getting profits as soon as you start trading. You have to keep yourself prepared for the losses too though they can be covered up later.
I too had this thing in mind that I’ll be facing loss at the start but thankfully it was not that much. Maybe partially also because of low cost brokers like fxview and XM that I used. I have always researched before trading in anything and double checked before taking any decision. If a beginner will keep these small things in mind, he won’t be facing any problem. Afterall it’s all about being more responsible towards your own money.
Miembro desde Nov 23, 2020   posts 17
Feb 09, 2021 at 05:54
Raywilkins665 posted:
ramirokeller posted:
Raywilkins665 posted:
Duktilar posted:
You just need to set yourself up for trading and set priorities for yourself.
I guess a newbie should first learn at least the basics of trading. There is no point of trading without any prior knowledge.
Yes. Also, a new trader needs to understand that you won’t be getting profits as soon as you start trading. You have to keep yourself prepared for the losses too though they can be covered up later.
I too had this thing in mind that I’ll be facing loss at the start but thankfully it was not that much. Maybe partially also because of low cost brokers like fxview and XM that I used. I have always researched before trading in anything and double checked before taking any decision. If a beginner will keep these small things in mind, he won’t be facing any problem. Afterall it’s all about being more responsible towards your own money.
Absolutely. Taking care of these small things results in big profits. If not big, it can still give satisfactory results.
Miembro desde Feb 04, 2021   posts 31
Feb 11, 2021 at 12:29
No matter what the trading style is, a newbie should come prepared with sufficient knowledge and skills and should possess patience.
Miembro desde Jul 19, 2020   posts 788
Feb 13, 2021 at 12:49
It is not possible to make money from trading if trading psychology is not managed properly. In this case, you need to create a proper mindset. And we have to move forward in trading with long term goals.
Miembro desde Dec 28, 2020   posts 25
Feb 14, 2021 at 09:26
Due to the fact that long-term trading implies a profit that will be quick for me, many beginners do not try to get around this.
Miembro desde Jul 20, 2020   posts 298
Feb 14, 2021 at 17:28
The risk is lower than short term trading to long term trading. It is possible to follow money management properly.
Miembro desde Dec 15, 2020   posts 13
Feb 17, 2021 at 04:53
I agree! Keeping a track of how to maintain the right trading mindset can come as a big help for newbies.
Miembro desde Dec 24, 2020   posts 15
Mar 02, 2021 at 04:37
Yes, trading psychology is fundamental for traders and they need to make up the right trading mind for trading peacefully.
Miembro desde Oct 24, 2021   posts 1
Oct 24, 2021 at 13:32 (editado Oct 24, 2021 at 13:35)
J'ai besoin d'un Mentor, je suis débutant.
Miembro desde Jul 20, 2020   posts 399
Oct 24, 2021 at 16:48
ramirokeller posted:
Raywilkins665 posted:
Duktilar posted:
You just need to set yourself up for trading and set priorities for yourself.
I guess a newbie should first learn at least the basics of trading. There is no point of trading without any prior knowledge.
Yes. Also, a new trader needs to understand that you won’t be getting profits as soon as you start trading. You have to keep yourself prepared for the losses too though they can be covered up later.

This is so key like if new traders get profits it is quickly taken away from them. There are no shortcuts
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