as a newcomer , learning Forex now already easy actually because many source we can learn and read from these sources , yes Baby pips is almost popular website among trader to learn Forex on school tab section , but also will very important while learn on theory also use demo account to practice .
ya damn right about babypips but stilll need the effort to learn not sure that they want to do that(new comers or newbies)
all currencies in Forex trading are good, just we have to experience with them by trading . We can trade all major currency in our demo account. Because we can see here the pairs performance how it works.
Beginners shouldn’t invest their real money here! They should invest their time first, yes learning is the main job for novice traders, and they should start their learning from technical-fundamental-sentimental! If they start from sentimental then they would lose their momentum so easily! I see, generally all of novice traders are too hurry, so please don’t expect here instant result!
Imamul posted:
particularly before starting trading , we consider this stock exchange as a casino and try to bring profit very rapidly without learning , but in practical there is no short cut way of earning and success in long time process in here.
I agree . Forex trading is not a get rich quick scheme . Getting a hang of it takes time. In fact years to be true. One has to constantly observe the markets trends , price moves , current economic situations which have an impact on the forex currency pairs and affects their prices. We can only learn slowly and steadily through experience, constant knowledge gathering and from our mistakes . Emotions have no place in forex . If we make decisions affected y emotions we are sure to lose this game . Discipline , mental toughness , adaptability , inquisitiveness , patient , independence are all the words i can use to describe a a successful forex trader. So traders , keep calm and keep trading
as a newcomer , learning Forex now already easy actually because many source we can learn and read from these sources , yes Baby pips is almost popular website among trader to learn Forex on school tab section , but also will very important while learn on theory also use demo account to practice .
as a new Fx trader consistent successful trade is much difficult , i don't recommend it. just try to control greed and emotions , that's all.
its the main challenge when having a losses , generally after having a losses from trade we become emotional and trade over and over , we lost our motive and mind , as a result become loser. its more appropriate to become cool when having a loss and stop trading for a while.
most of the traders become addicted for bringing profit very rapidly , its a main problem , they should addicted to learn Forex that can make more profit from trading.
beginners can go through the pre school level including a demo account , don't hurry please , learning is a continues process and need to patience more.
Aug 26 2019 at 05:48
Before you start your journey as a trader, you need to decide how are you going to execute your trades. You must know what kind of information is required to enter or exit a trade. Some traders choose to look at charts to determine the best time to trade whereas others use technical analysis. Whichever methodology you choose, be consistent and your system should keep up with the dynamic environment of a market.
we cant avoid the importance of learning at all , because there is no way to stop learning even after passing a long time in here , but learning can be useless if there is no discipline and practice. so, it is more appropriate to maintain real trading discipline with consistent practice.
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.
Broker is a big deal when it is time to make sure a successful trading life, because the broker can affects the result of our trading with certainly, we the traders can choose a broker which is more appropriate to the concept of trading that will be used, if you love doing scalping should choose the broker which allows trading concept such as this.
Aug 29 2019 at 07:19
a good tip for beginners: do not spend any money on learning, as the internet is full of free resources. ' iMetaTrade ' has a database of free EA's, Indicators and Ebooks covering a range of topics, so it's worth checking out before spending your hard earned money!
iMetaTrade
Aug 29 2019 at 10:02
Are you promoting iMetaTrade ? I noticed that you said the same thing on another post
Aug 29 2019 at 13:06
I've just found it useful recently and thought others might too. Other sites have been useful too such as FF, but takes a bit of time to sieve through the info, especially as a beginner
iMetaTrade
only we can learn when making a loss , and in demo this experience not possible , so i always prefer live trading for acquiring real trading knowledge.
