newcomers trading habit

Apr 22, 2020 at 15:07
Vistas 3,683
71 Replies
Miembro desde Aug 11, 2017   posts 886
Apr 22, 2020 at 15:07
The newcomers cannot avoid losses by their greediness and emotions, it’s true. But the regular traders cannot come out their losses because of having most powerful risk management and MM. they always fours on just acquiring good trading knowledge . of course we have to do it. But besides it must be focused on risk managing approach if we want to avoid losses.
Miembro desde Dec 09, 2019   posts 60
Apr 23, 2020 at 07:31
I mean there are so much to learn in forex trading..you have to control your emotions, you have to manage the risk, money and more...that is what forex trading so much beautiful in the end.
Miembro desde Oct 07, 2019   posts 39
Apr 23, 2020 at 12:24
True @feelsofine Emotions are one thing which i consider the most in trading, it is very important to learn to deal with it otherwise it ruins your trading.
Miembro desde Aug 27, 2017   posts 994
Apr 24, 2020 at 16:40
as a newcomer Don’t focus on your capital; focus on your process! By the way, you have to invest your capital only when you are very sure on your trading skill, here knowledge is the key not your healthy trading equity.
Miembro desde Oct 22, 2019   posts 41
Apr 28, 2020 at 07:08
As a newcomer, it is important to focus on build a trading strategy and invest wisely.
Miembro desde Apr 28, 2020   posts 1
Apr 28, 2020 at 08:57 (editado Apr 28, 2020 at 09:04)
What are the best strategies for new comers?
Miembro desde Aug 09, 2017   posts 785
Apr 29, 2020 at 17:16
practically as a newcomer it is quite difficult to keep patience for a long time , so demo trading for long time we the newcomers have to practice , it can help us for ensuring a great patience.
Miembro desde Jan 05, 2020   posts 16
May 15, 2020 at 20:14
The fastest way for a beginner to get settled is a demo account. Even there, the trader starts to develop some habits and new qualities. If they are good and have a positive effect on both trading and the person - then they should be developed further. If they aren't, then they must be immediately changed or even eliminated. The trading journal also helps to follow yourself and your habits. Using it, you'll be able to analyze the problems and find your weak points. So, I recommend keep trading journal to all beginners!
Miembro desde Apr 28, 2020   posts 52
May 18, 2020 at 08:23
Imamul posted:
 practically as a newcomer it is quite difficult to keep patience for a long time , so demo trading for long time we the newcomers have to practice , it can help us for ensuring a great patience.
True, even i had a problem being patient in the start. Patience takes a lot of time to come to newbies. But practice should be restricted to demo trading only, as emotions are less prominent there. We should do both demo and live account trading if we want to control emotions.
Miembro desde May 11, 2020   posts 74
May 19, 2020 at 04:29
It is very difficult for newcomer to make the right judgment since they are new to everything. But hopefully, by the time, they know how to adjust and make the changes can help in bringing the dramatic difference.
Miembro desde May 15, 2020   posts 23
May 21, 2020 at 09:09
reggae posted:
It is very difficult for newcomer to make the right judgment since they are new to everything. But hopefully, by the time, they know how to adjust and make the changes can help in bringing the dramatic difference.
Right! In the beginning everyone faces issues, but with good research and study, they get a good hold on everything.
Miembro desde Jan 06, 2020   posts 83
May 21, 2020 at 11:11
Go and trade with experience trader before you try to trade on your own, as a professional I will never advise you to venture into trading yourself if you have not done that I just said, and at least 1 year with a proffesional experienced trader.
Market Direction
Miembro desde May 04, 2019   posts 26
May 21, 2020 at 15:54
A beginner's best habit is to get used to what you have to learn. This is a fact, because if you think you can learn one strategy and earn money from it, you are already on the wrong track.
Miembro desde Aug 09, 2017   posts 785
May 21, 2020 at 16:25
right now in this time when COVID 19 is going over the world so many things stopped but one thing has never chanced that is newcomers common mistake , they trade random still , i have been seeing from last couple of weeks.
Miembro desde Dec 20, 2019   posts 23
May 26, 2020 at 17:58
Just take your time, because rushing won't help you earn or succeed. And maybe you shouldn't be afraid of making mistakes. It's okay.
Miembro desde Jan 06, 2020   posts 83
May 26, 2020 at 18:35
Mohammadi posted:
The newcomers cannot avoid losses by their greediness and emotions, it’s true. But the regular traders cannot come out their losses because of having most powerful risk management and MM. they always fours on just acquiring good trading knowledge . of course we have to do it. But besides it must be focused on risk managing approach if we want to avoid losses.

Get a good risk management and you are a successful trader
Market Direction
Miembro desde May 15, 2020   posts 23
May 28, 2020 at 07:18
Vozil559 posted:
A beginner's best habit is to get used to what you have to learn. This is a fact, because if you think you can learn one strategy and earn money from it, you are already on the wrong track.
I agree! No single strategy works all the time, the market keeps changing. Good advice
Miembro desde May 27, 2020   posts 31
May 28, 2020 at 08:58
Malohuginn posted:
Just take your time, because rushing won't help you earn or succeed. And maybe you shouldn't be afraid of making mistakes. It's okay.
Yes agree with you and adding on i'd say don't try to time the market.
Miembro desde Dec 18, 2019   posts 20
May 30, 2020 at 16:00
You just have to try and not think ahead about what you can't do.
Yes, it can happen, but your task is to prepare for any scenario in such a way that it will not be a tragedy for you. You should always stay one step ahead. Or better yet, a few.
Miembro desde Aug 27, 2017   posts 994
Jun 02, 2020 at 17:42
Forex market or forex trading i think is completely secure but it depends on your broker performance , because without a broekr you cant a trade at all.
Conectarse / Inscribirse to comment
You must be connected to Myfxbook in order to leave a comment
*El uso comercial y el spam no serán tolerados y pueden resultar en el cierre de la cuenta.
Consejo: Al publicar una imagen o una URL de YouTube, ésta se integrará automáticamente en su mensaje!
Consejo: Escriba el signo @ para completar automáticamente un nombre de usuario que participa en esta discusión.