Beginner's Tips
Professional4X
Miembro desde Jan 05, 2016
1189 mensajes
Nov 04 2019 at 22:23
mariaartenia posted:jamesgwyther posted:
FPA is good too
FPA? what do you mean? Function Point Analysis?
its not always win technique.
FPA = Forex Peace Army
If it looks too good to be true, it's probably a scam! Let the buyer beware.
steveday1976
Miembro desde Mar 03, 2019
50 mensajes
Nov 05 2019 at 11:26
expkhaled posted:I think most trader accept that it takes a couple of years to master.
It you want right mind set the just trade with Demo as long as you can. Bcz you can find traders primary level from demo. And gather knowledge step by step and use it in demo. Hopefully within 2 yrs you will find a way to trade. When you are learner about forex plz away from real trade.
Gabriel99
Miembro desde Oct 07, 2019
37 mensajes
Nov 07 2019 at 05:58
Roberto21 posted:
discipline not only a human habit it also a character , to be experienced in discipline we have to be mentally strong first of all, otherwise no way to maintain
Yes true. It is very important to become mentally tough in order to become a discipline trader.
ForexViking69
(ForexViking69)
Miembro desde Nov 06, 2019
25 mensajes
Nov 13 2019 at 23:02
Lots of good advice on here. I’d throw in money and risk management into the mix. Number one thing I always tell new traders :)
Winning...
AdrianG001
Miembro desde Apr 02, 2018
12 mensajes
Nov 20 2019 at 15:11
Get a good trading education
Dont even think about trading with scared money
Paper trading only until you are consustently profitable for a minimum of six months
Journal everything
Analyse your trades daily or at least weekly, understand why
Understand that you cannot even find a trade until you understand how to find value
Understand how to read the tape
Understand that all markets are connected
Understand *why* price moves
Learn to create your own scenarios based upon all the metrics you can derive from price action, volume and intermarket analyses. Then watch your scenarios evapourate or come true. Understand why they did, and you’re ready to begin learning to trade.
Dont even think about trading with scared money
Paper trading only until you are consustently profitable for a minimum of six months
Journal everything
Analyse your trades daily or at least weekly, understand why
Understand that you cannot even find a trade until you understand how to find value
Understand how to read the tape
Understand that all markets are connected
Understand *why* price moves
Learn to create your own scenarios based upon all the metrics you can derive from price action, volume and intermarket analyses. Then watch your scenarios evapourate or come true. Understand why they did, and you’re ready to begin learning to trade.
Wiame
(Baazex)
Miembro desde Oct 24, 2019
45 mensajes
Nov 21 2019 at 10:59
once you have a proper understanding of how the market works, you’ll need to decide on the kind of trade want to do. The next decision you’ll need to make is choosing the right broker or brokerage firm through which you’ll access the markets. The broker you choose will have a direct influence on the kind of securities you’ll be able to trade, the kind of trading tools you’ll have at your disposal, how much money you’ll pay in fees, and the kind of final returns you can expect on your trades.
Revenue is vanity, profit is sanity, but cash is king
Mohammadi
Miembro desde Aug 11, 2017
825 mensajes
Nov 22 2019 at 15:09
right now honestly speaking learning is not a tough game , in online lots of souses are available and all of is free , you also can take baby pips school if you want.
Roberto21
Miembro desde May 02, 2019
355 mensajes
Nov 22 2019 at 15:45
every time is best in Forex trading if you know how to manage money but for the beginners level it is more appropriate to avoid news trading , its too much complicated to predict the real faction of this market with certainly.
Imamul
Miembro desde Aug 09, 2017
540 mensajes
Nov 25 2019 at 08:51
for beginners 1:50 best leverage for avoiding unfortunate loss and risk. before using in live we should use it in demo to see the performance how it works.