TradeAndI posted:
According to me, initially a newbie should focus on enhancing their knowledge and skills along with this patience is a very important factor to have while trading.
Yes. No trader can survive in this risky market without proper knowledge.
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.
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.
Jul 03 2021 at 12:38
Newbie often struggles in trading. They are less interested in trading also.
Every beginner must understand that a certain time must pass before he can trade with sufficient confidence.
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!
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
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
Oct 25 2021 at 10:43
Smith2525 posted: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
Yeah right! Babypips has got it all.
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.
Oct 29 2021 at 11:18
I'm always delighted when I see new traders who are passionate about trading activity. As for learning, then there are lots of resources in the internet, for example, babypips offers quite interesting and fascinating course for new traders. There are lots of lessons around there, which you can pass and get basic knowledge in trading activity. Moreover, you shouldn't forget about practicing, then I advice you to find a proper broker in order to open a demo account and start practicing there. Remember that it may take enough time for you to learn trading activity, thus never regret about time which you will dedicate to learning.
Newbies have every chance of becoming a successful trader. The main aspect is not to rush and pay enough attention to training!
I would like to warn you right away. Paid courses do not always provide quality knowledge.
skihav posted:
I would like to warn you right away. Paid courses do not always provide quality knowledge.
I completely agree. Their main task is to rip off as much money as possible from a trader.
Not all paid courses are worthy. Those who promises too much, stay away from them. The promise should be logical. It should not be unrealistic.
Nov 03 2021 at 01:31
There are many websites available where you can learn about trading. I use babypips for learning about trading.
Nov 03 2021 at 09:51
Yeah babypips is good for basics. Add on are youtube videos. try to search for the specific topic on youtube to save time.
@blackChelsea Yes that's a good website to start with for beginners. I would say to read books on technical analysis and trading psychology. There are some really good books that a trader should read.
