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New in forex trading
Mar 10, 2021 at 07:57
Miembro desde Aug 11, 2017
posts 886
as a newcomer , learning Forex now already easy actually because many source we can learn and read from these sources , yes 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 .
Miembro desde Mar 17, 2021
posts 536
Mar 17, 2021 at 19:04
Miembro desde Mar 17, 2021
posts 536
Quange posted:Yes. I completely agree with you. You have to be very serious about this business to make money from the forex market.
Only a serious relationship to this area will give you the opportunity to really reach a decent level of earnings.
Miembro desde Mar 17, 2021
posts 536
Sep 04, 2021 at 08:21
Miembro desde Mar 17, 2021
posts 536
RobSchiz posted:Yes. I agree with you. A demo is the best option for practicing.Imamul posted:A demo account will also be a good option to practice and learn. What you say?
you can start with learning first above all from psychology of school. go through this educational site minimum for 2 times . it will bring awesome knowledge with live experience.
Sep 06, 2021 at 19:57
Miembro desde Sep 22, 2018
posts 70
wleverts posted:
I am in Africa. completely new in forex trading. infact I know nothing on forex trading. I have been reading about automated softwares and every software has pretty bad reviews. any advices? I really wanna do this but I need an experts hand
Check out babypips and forex peace army
Miembro desde Jul 23, 2020
posts 759
Miembro desde Jul 23, 2020
posts 869
Nov 12, 2021 at 06:03
Miembro desde Nov 03, 2021
posts 53
@Sofie_Andreasen The common trait of scammers is that they will promise ridiculously high returns. It’s crucial to do proper research before committing to any expert advisor and always backtest it on a practice account. The performance of an EA on a demo account will show you if it’s suitable to use in the real market conditions or not.
Dec 09, 2021 at 07:04
Miembro desde Mar 28, 2021
posts 617
My list of worst thing a newbie can do is to scalp often as this is really risky for newbie. They might get fearful and ended up existing before they profit so they will lose out that way as well. Also, if they get impulsive and depend entirely on forex for an income then they will open many revenge trades and so on which can lead to losses.
Miembro desde Aug 17, 2021
posts 94
Miembro desde Nov 23, 2021
posts 34
Dec 16, 2021 at 13:03
Miembro desde Nov 23, 2021
posts 34
If you are just starting out, you can focus on manual trading first. After gaining some experience, you can move to collecting information about automated trading also. I am saying this because in automated trading, you will have to set some conditions for your program. If you don’t have any knowledge, you won’t be able to do that correctly. So, just make the most of the time you have and gather as much information as you can about trading before you build your own system.
Dec 17, 2021 at 05:43
Miembro desde Dec 13, 2021
posts 32
As a beginner, one should use a demo account for a while to learn how to trade currencies. A demo trading account gives the trader a chance to trade in a live environment but with virtual money. It is a good idea to write down what one expects from the market, how certain strategies are used, etc. It trains in discipline and brings more perspective.
Feb 01, 2022 at 08:15
Miembro desde Dec 20, 2021
posts 25
UweMoench posted:Agreed, it is very important to have enough knowledge in order to get profitable.
The forex market is volatile. It is important to understand how to make money in this market. You can always do something else if you don't feel it's right for you.
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