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Beginner's Tips

SofieAndreasen
Apr 08 2021 at 09:35
posts 759
Practice in the demo for at least 4 months. Don’t rush into real trading without proper knowledge.
WaltonCharles
Jul 07 2021 at 10:50
posts 144
SofieAndreasen posted:
Practice in the demo for at least 4 months. Don’t rush into real trading without proper knowledge.
A demo is the best place to learn many new things about forex trading.
Bulldog_M
Jul 08 2021 at 12:07
posts 16
Three most important advices I wished someone gave to me.
1. Never trade if your emotions are not in the right place
2. Always put stop loss in every use
3. Practice in demo trading as much as you can
forexstudio1
Jul 08 2021 at 12:15
posts 12
For those who are new to forex trading, a demo account is a great learning tool.
karenpeters
Jul 23 2021 at 10:28
posts 46
@ Bulldog_M I completely agree with you. I would also like to add that it is the beginners who are victims of scams and frauds. So, my suggestion here would be to choose a reliable and well-known broker for a smooth trading experience both in demo as well as live accounts.
Tradelist45
Jul 25 2021 at 06:45
posts 248
the leverage ratio is very much complicated issue for the beginners trader , because it contains huge risk from all financial tool in Forex trading , for that reason traders should more careful when using leverage.
Akasuki
Jan 16 at 12:55
posts 532
RobSchiz posted:
Low spreads is important especially for scalping. For scalping profit target usually not big. If spreads is huge proper execution and exit of a trade would be difficult.
With a well-planned plan, we must also ensure that we execute the plans. Without proper execution the plan will fail. not a great plan.
SteveHanks
Jan 17 at 18:48
posts 536
Tradelist45 posted:
the leverage ratio is very much complicated issue for the beginners trader , because it contains huge risk from all financial tool in Forex trading , for that reason traders should more careful when using leverage.
Leverage is very useful in this market if you have enough knowledge and skills.
UweMoench
Jan 31 at 18:39
posts 751
If you're not making money with your own money, don't trade with money from other people. It can lead to double losses.
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