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Newbie wannabe Trader
Miembro desde Jul 20, 2020
posts 286
Oct 08, 2020 at 23:14
Every beginner trader has to face these problems. First of all, when you join trading you need to start with demo trading. You need to gather Forex -related information from many websites while doing demo trading. There must be a loss in trading and we have to learn from this loss. And you have to keep yourself emotionally strong.
Miembro desde Jul 19, 2020
posts 283
Oct 23, 2020 at 09:40
If you want to become a good and profitable trader, you have to learn all the tools and techniques of trading perfectly.
Miembro desde Jul 10, 2020
posts 32
Oct 26, 2020 at 07:33
Demo trading accounts are a good way of judging where you stand. They help you gain hands-on practice.
Miembro desde Jul 20, 2020
posts 278
Nov 13, 2020 at 19:29
Newbies are most of the time want to earn money quickly. Trying to make money quickly can be dangerous for new traders. They should learn properly first.
Miembro desde Mar 17, 2021
posts 494
May 24, 2021 at 18:50
marktaylor posted:
Demo accounts are a good way of identifying your trading personality.
Demo account is the best way to learn forex properly and perfectly.
Miembro desde Jul 23, 2020
posts 696
Jun 09, 2021 at 07:56
Start with a demo account. There is no other way.
Miembro desde Apr 28, 2021
posts 8
Jun 14, 2021 at 10:24
Davidfx89 posted:
the knowledge we gain from demo account actually not works when trading in a live , really it is. otherwise demo was the first choice of ours.
why do you say that? Demo has same data as live account
Miembro desde Mar 17, 2021
posts 494
Jun 23, 2021 at 20:44
OrlandoGT posted:
I would suggest that, the day beginner started thinking to trade, from that moment he/she must open a demo account and apply all the learning on it.
Yes. every new trader should practice on a demo account before investing their money in this risky market.
Miembro desde Jul 23, 2020
posts 816
Jul 03, 2021 at 12:38
Newbie often struggles in trading. They are less interested in trading also.
Miembro desde Aug 05, 2021
posts 394
Aug 19, 2021 at 02:23
I would take a step back from trading on the live account since it's losing money for you and come back to that. Spend more time online on forums like this one and try YouTube, Babypips, and other learning sites as well. Take an in-depth look at your current strategy and whether it's working. Practice any changes on demo account and then go back to trading live. It could also help to keep a trading journal to help stay on top of what is and isn't working. Good luck, I hope things improve!
Miembro desde Aug 10, 2021
posts 172
Aug 20, 2021 at 06:00
chachaman posted:
Thanks Duranh
I've graduated from babypips btw...which everyone recommends
I also gain a lot of knowledge from this site and learn a lot about forex.
Oct 13, 2021 at 20:03
chachaman posted:
Hi Folks,
I just found this informative unbiased weblsite
my goal: to learn HOW to trade
How do I?
I'm told to learn..but learn what?
Books I've read: market wizard series, Trading in the Zone, Naked Trader
Strategies: ORB Tony Crabel, Larry Williams Range Trading, Inside bar trading
My Problem: confused
Stock traders state don't trade forex as it's a mean reversion market
Trading style is based on your personality but what if I don't know my trading personality?
I've PAID for Forex education BUT it just teaches THEORY pattern recognition and Price Action
Why the trend in UK on Forex and nothing on Options Futures trading (my observation)
I've started LIVE trading....every trade goes against me....
Diff schools of thought on trading...owhich methodology? Dow theory? Wyckoff method?
Experienced traders which path do I go down?
Check out forex school or babypips gain some knowledge
Oct 15, 2021 at 19:04
I believe it's quite right that you have already started your acquaintance with trading activity, have read some books and made a search of some strategies and of course iit's okay to bconfused on your initial stages. All of us once have joined trading community and were as blind as you in it. You should understand that it's difficult enough activity which is required lots of attention in order to become successful in it. You have to determine which type of trading you prefer, choose analysis and only then you should start from learning the peculiarities of chose types of analysis. Then, you should start practice on demo.
Oct 25, 2021 at 00:10
reece22 posted:chachaman posted:
Hi Folks,
I just found this informative unbiased weblsite
my goal: to learn HOW to trade
How do I?
I'm told to learn..but learn what?
Books I've read: market wizard series, Trading in the Zone, Naked Trader
Strategies: ORB Tony Crabel, Larry Williams Range Trading, Inside bar trading
My Problem: confused
Stock traders state don't trade forex as it's a mean reversion market
Trading style is based on your personality but what if I don't know my trading personality?
I've PAID for Forex education BUT it just teaches THEORY pattern recognition and Price Action
Why the trend in UK on Forex and nothing on Options Futures trading (my observation)
I've started LIVE trading....every trade goes against me....
Diff schools of thought on trading...owhich methodology? Dow theory? Wyckoff method?
Experienced traders which path do I go down?
Check out forex school or babypips gain some knowledge
Agreed. I used babypips. No need to pay for training really! Plenty of info out there for free
All or nothing
Miembro desde Jun 17, 2021
posts 44
Oct 29, 2021 at 05:42
There is no need to pay for a trading course or a mentor when there is so much free information available on the internet. You just have to type what you are looking for and several websites will come up with their information.
