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Newbie looking for guidance and support

WOTMAN_
Apr 15 2021 at 09:46
posts 20
I think it's important to Invest real money from the start.losing small and large amounts will help you train your mindset. even with the best strategy you will lose money in fx at some stage, make sure you have already been through it a few times before it comes
martyandrews
Apr 20 2021 at 10:30
posts 12
That is great and you can also take a few courses and learn it from the scratch. Good luck to you.
RobSchiz
Apr 23 2021 at 09:04
posts 567
WOTMAN_ posted:
I think it's important to Invest real money from the start.losing small and large amounts will help you train your mindset. even with the best strategy you will lose money in fx at some stage, make sure you have already been through it a few times before it comes
Yes. to make money from this market, you have to take some risks. I also prefer to start with a small amount to reduce the risks.
Elena Triston (ele020)
Apr 26 2021 at 04:23
posts 219
WOTMAN_ posted:
I think it's important to Invest real money from the start.losing small and large amounts will help you train your mindset. even with the best strategy you will lose money in fx at some stage, make sure you have already been through it a few times before it comes
I believe till the time you are working on basics,, there is no need to invest capital...
The more your practice, the more you learn.
SteveHanks
May 29 2021 at 17:23
posts 536
martyandrews posted:
That is great and you can also take a few courses and learn it from the scratch. Good luck to you.
Without proper learning, A trader can face a great loss.
RobSchiz
Jul 01 2021 at 17:39
posts 567
SteveHanks posted:
martyandrews posted:
That is great and you can also take a few courses and learn it from the scratch. Good luck to you.
Without proper learning, A trader can face a great loss.
Yes. i agree with you.
mawao123
Jul 02 2021 at 08:03
posts 9
Just to give everyone an update. Since i posted this question almost a year ago i have tried several methods but havs settled for price action. Very little use of indicators if i am honest.

Each person will discover their own style when they get into it. Both have merits i guess.

I am on my way to a funded account now.

Thank you.
Tremblay
Jul 02 2021 at 11:58
posts 330
mawao123 posted:
Just to give everyone an update. Since i posted this question almost a year ago i have tried several methods but havs settled for price action. Very little use of indicators if i am honest.

Each person will discover their own style when they get into it. Both have merits i guess.

I am on my way to a funded account now.

Thank you.
Yes. You are right.
billysnyder
Jul 10 2021 at 07:28
posts 111
I think what’s better is to not invest your own money at first because you are in the learning phase. Once you have learned enough, you can then think of investing your own money.
AndrewMcCalam54
Jul 11 2021 at 10:20
posts 124
the beginners level for all time ignore the demo account but in practical demo is the master place place to become a knowledgeable trader very rapidly.
Elena Triston (ele020)
Jul 12 2021 at 04:48
posts 219
billysnyder posted:
I think what’s better is to not invest your own money at first because you are in the learning phase. Once you have learned enough, you can then think of investing your own money.
Are you saying trading with borrowed funds???? What if you loose them completely? How are you going to repay it?
The more your practice, the more you learn.
SteveHanks
Jul 13 2021 at 10:26
posts 536
Make a good plan to survive in this market.
RobSchiz
Jul 13 2021 at 17:49
posts 567
SteveHanks posted:
Make a good plan to survive in this market.
Yes. A good plan can make you rich.
WaltonCharles
Jul 18 2021 at 20:49
posts 144
RobSchiz posted:
SteveHanks posted:
Make a good plan to survive in this market.
Yes. A good plan can make you rich.
Good plan is very necessary to make money from this market.
Djan Viana (DjanLuis)
Jul 19 2021 at 20:25
posts 13
There are many things that can help a beginner to have fewer stumbling blocks in the trader's walk.

The beginner needs to compare himself to a child who is learning to walk, he does not know what it is like to walk, what it feels like to walk, or where to start learning to walk. She just watches people walking, and she believes she can walk too.
The difference between a child learning to walk and a trader is that walking is instinctive, sooner or later the child will learn, while trading in the market is counterintuitive. Then it will be necessary for the operator to force himself to acquire this knowledge.
Djan Viana (DjanLuis)
Jul 19 2021 at 20:30
posts 13
In this case, without even knowing it, it will use resources to start walking, it will lean on the wall, it will observe other walks, and it will fall many times...
Djan Viana (DjanLuis)
Jul 19 2021 at 20:32
posts 13
So there are some very important points to cut this short.
Djan Viana (DjanLuis)
Jul 19 2021 at 20:33
posts 13
1 - Being close to those who have a result in the trade (swing, position, day trade), result that is possible reliable verification.
2 - Learn the math of the market (what is the theory, fundamentals and how it works)
3 - Understand what the market demands from the operator (what is the competence that this operator needs to stay in the market)
4 - Stay away from a real account until you understand these previous steps, because until you understand this, the only thing that a real account will help you is taking your money.
Djan Viana (DjanLuis)
Jul 19 2021 at 20:33
posts 13
Note that before creating a strategy, there are many steps to understand, so focus on that process first!
Kazile
Jul 20 2021 at 07:06
posts 119
Every mistake is possible, to make yourself better and achieve better results, it all depends on how you perceive it.
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