Edit Your Comment
New Trader
Mar 17, 2021 at 11:42
Miembro desde Feb 04, 2021
posts 28
Imamul posted:
i dont support any kind of live trading for the traders who are particularly newcomers. because this approach can make beginners emotional and greedy.
Agree with you. Beginners should do demo trading for a few months so that they gain familiarity with the platform and when they have gained some confidence they can go live.
Miembro desde Mar 17, 2021
posts 494
Mar 17, 2021 at 18:40
Miembro desde Mar 17, 2021
posts 494
PeteLanceley posted:
Make sure that you practice on demo until you are confident.
You can learn on sites such as YouTube, or Babypips for free.
Yes. I agree with you. every new trader should practice on a demo account before starting live trading.
Mar 18, 2021 at 07:00
Miembro desde Apr 15, 2020
posts 187
dalbamou posted:
Hi Paulo, my advice is not to use bots to "scalping", brokers do not like it and you will end up losing money. Try to look for short / medium term bots, which have at least 20 pips of profit.
I agree with your advise.
The more your practice, the more you learn.
Miembro desde Apr 14, 2019
posts 10
Mar 18, 2021 at 14:14
Miembro desde Apr 14, 2019
posts 10
Dictiony posted:
As a newbie trader, you must gain knowledge first, and after it starts trading with a demo account to get some good experience.
Welcome to the forex world. Speaking on experience and please have an open mind.
Focus more on the psychological aspect. Suprising trading is extremely simple, we as humans complicate it beyond belief. A quick babypips course is enough along side some tweak as time goes on to your trading method.
Also regarding demo accounts. Use these to test and get used to placing orders. Such as how different order types work such as limit and market orders, stop loss and take profit. Once your confident 'go live' with real money. Preferable with a cent account. $10 gets you 1000c and trade that as it will train your psyche which is the most important factor in my opinion.
Hope this helps
Consistency Starts Here
Miembro desde Apr 14, 2019
posts 10
Miembro desde Jul 23, 2020
posts 816
Miembro desde Mar 16, 2021
posts 447
Mar 21, 2021 at 02:32
Miembro desde Mar 16, 2021
posts 447
dalbamou posted:
Hi Paulo, my advice is not to use bots to "scalping", brokers do not like it and you will end up losing money. Try to look for short / medium term bots, which have at least 20 pips of profit.
Yes, I agree with you. I use any strategy but if I can't implement that strategy properly on the platform, it has no value.
Mar 21, 2021 at 17:16
Miembro desde Jul 19, 2020
posts 742
Dictiony posted:
As a newbie trader, you must gain knowledge first, and after it starts trading with a demo account to get some good experience.
Yes, your idea is correct. I think it is never possible to survive in trading without knowledge. New traders will therefore have to gain experience by practicing the demo first.
Miembro desde Mar 16, 2021
posts 447
Miembro desde May 27, 2021
posts 63
Sep 29, 2021 at 15:24
Miembro desde Jul 19, 2020
posts 742
WaltonCharles posted:LukeRachel posted:
Beginner traders should acquire trading education attentively. If trading education is not achieved properly, making a profit will be much more complicated.
Education is the mandatory thing in this market to make money.
Of course, education is very important in trading. You can't survive in this market without knowledge.
Miembro desde Mar 16, 2021
posts 447

*El uso comercial y el spam no serán tolerados y pueden resultar en el cierre de la cuenta.
Consejo: Al publicar una imagen o una URL de YouTube, ésta se integrará automáticamente en su mensaje!
Consejo: Escriba el signo @ para completar automáticamente un nombre de usuario que participa en esta discusión.