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New to Forex

James Powell (jimmyp84)
Jun 04 2015 at 07:10
posts 1
Hi all

I am new to forex and interested in the autotrading but i can see it needs to be a live account and i cant demo it

Is there people on here that are using the autotrading and if so can you leverage the persons trades that they are making to suit your budget (I.E if you are autotrading a certain person and they put a large trade on it does not wipe your account out automatically)

Any advise on stratagies are also welcome

Kind Regards
James
Fortune favours the brave
Ivan (StoneHeart)
Jun 04 2015 at 08:35
posts 131
You are talking about COPY-trade, that is NOT AUTO-trade.
When you COPY , you can set SCALE for your account, to the original account.
I am not sure is that possible here, but it is on www.share4you.com
Niels
BOAR
Jun 04 2015 at 13:49
posts 18
Hi James,

Check out Darwinex (google it)
This is a broker that developed a platform for people to invest in the trading strategies of other Darwinex users who have enabled their trading strategies as 'investable'. They automatically take care of leverage based on your account size and your personal preference choosing between low, medium or high risk.
GCeLL
Jun 05 2015 at 08:11
posts 1
@jimmyp84 I recommend you actually LEARN to trade, its a lot more gratifying rather then to rely on someone else and it will help you understand the forex market. This isn't easy but if you treat it like a business and respect it you will become successful.
GO BIG OR GO HOMELESS.
James Smith (james2015)
Jun 06 2015 at 15:40
posts 46
jimmyp84 posted:
Hi all

I am new to forex and interested in the autotrading but i can see it needs to be a live account and i cant demo it

Is there people on here that are using the autotrading and if so can you leverage the persons trades that they are making to suit your budget (I.E if you are autotrading a certain person and they put a large trade on it does not wipe your account out automatically)

Any advise on stratagies are also welcome

Kind Regards
James


yes you can minimize the trading risk by percentage what ever you want to copy trades as you like it's very simple
“The past can't hurt you anymore, not unless you let it.”
Tremblay
Apr 20 2021 at 11:08
posts 330
GCeLL posted:
@jimmyp84 I recommend you actually LEARN to trade, its a lot more gratifying rather then to rely on someone else and it will help you understand the forex market. This isn't easy but if you treat it like a business and respect it you will become successful.
Learning is a must thing in forex trading.
Davidfx89
Apr 20 2021 at 11:53
posts 183
learning is important no way to avoid , besides this also important to trade with a reliable support from a credible trading broker.
WaltonCharles
Apr 21 2021 at 19:51
posts 144
Davidfx89 posted:
learning is important no way to avoid , besides this also important to trade with a reliable support from a credible trading broker.
Yes. You should learn all the basics before investing your money in this risky market.
RobSchiz
Apr 21 2021 at 21:43
posts 567
WaltonCharles posted:
Davidfx89 posted:
learning is important no way to avoid , besides this also important to trade with a reliable support from a credible trading broker.
Yes. You should learn all the basics before investing your money in this risky market.
You are absolutely right. Learning a must thing to become profitable.
Imamul
Apr 23 2021 at 09:06
posts 740
when i was a newcomer always fall a great trouble when using high leverage , its a very risky approach i have done and every time i have faced loses
Adribaasmet
Apr 23 2021 at 10:08
posts 994
there is any newcomer in Forex who using forex signal consistently and can make good amount of profit. and some paid signal app really work to bring profit ? 
LukeRachel
Apr 26 2021 at 00:39
posts 477
Forex Risky Market And to survive in this risky market, I must acquire trading education.
Malajind
Apr 26 2021 at 10:26
posts 75
You can always learn everything the main desire and aspiration
Bela_fx
Apr 28 2021 at 08:37
posts 34
Malajind posted:
You can always learn everything the main desire and aspiration
Exactly. If a person has the desire to do something, he can achieve anything.
margaritastephen
May 01 2021 at 09:08
posts 20
Imamul posted:
when i was a newcomer always fall a great trouble when using high leverage , its a very risky approach i have done and every time i have faced loses
That happens when you go with a really high leverage like 1:100. I think it's best to use as little leverage as possible while a novice trader is still learning.
Adribaasmet
May 01 2021 at 09:38
posts 994
Basically; which traders are with a learning approach; end of the day; they are enjoying their trading! As you know; Forex is all about learning & updating own trading skill.
LukeRachel
May 02 2021 at 01:17
posts 477
Yes, you can minimize the loss by trading the copy. And it is possible to get an idea of some important things in copy trading.
Mohammadi
May 02 2021 at 08:27
posts 886
the newcomers always try to bring profit with no learning , but this is not possible at all . almost 90% loser from this volatile trading place . so we the traders should be more careful.
Davidfx89
May 02 2021 at 11:41
posts 183
most of the loser i know , but 90% are making losses from this trading place i dont believe this.
AliaDare
May 02 2021 at 16:49
posts 788
New traders should first acquire trading education. If you don't trade without trading education, it will be a bit difficult to make a profit.
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