Beginners must be very serious about trading. Before starting the trade in forex market they should know about the basic of forex. With the help of a demo account this problem can be solved easily. Demo account is the best option to know about the basics of forex. I used demo account of Tpglobalfx at first to know the basics. Still now I am trading under this broker.
Learning is the foremost ways to keep survive in this volatile trading place in a proper way. But sorry to say maximum traders who are particularly newcomers try to make money from here without learning. As a result they become loser when trading practically. It would be great if we choose the broker which always ensures best trading environment for learning this trading place by providing exclusive educational facilities.
Beginners could start from the small deposit. try to practice in demo account to get used to the trading environment. choose a broker to make sure your fund security and it can solve your problem immediately.
Remember to learn as much as you can before you start trading though. Even on demo. Right education is critical
to be experienced about fundamental is a long term approach and need a great patience also. for that reason mostly traders quit from after passing sometimes.
the most important trading tip , i think try to manage your money when trading in practical , only money management can change your trading life , otherwise no way to survive in here with successfully.
for beginners trading is always risky particularly when it is time to news, beginners always have to leave news trading due to lack of fundamental information.
Feb 10 2020 at 10:00
New in trading? This video will help you out!
A newbie trader must always start trading on a demo account to practice and gain knowledge about trading know-how. Trading on a demo account is the best way for a beginner to learn forex trading and it is also helpful in formulating strategies for profitable trading. If you want to directly trade on a live account, go on with a small investment to prevent huge losses.
ethan_65 posted:
A newbie trader must always start trading on a demo account to practice and gain knowledge about trading know-how. Trading on a demo account is the best way for a beginner to learn forex trading and it is also helpful in formulating strategies for profitable trading. If you want to directly trade on a live account, go on with a small investment to prevent huge losses.
Hi ya, some demo account shows different spread from Live account. should be aware of that.
Feb 11 2020 at 15:38
Mohammadi posted:
for beginners trading is always risky particularly when it is time to news, beginners always have to leave news trading due to lack of fundamental information.
yes news trading is hard but i think the volatile times are more exciting. mindset is key for newstrading i must add though!
The most important thing for a beginner is not to rush and avoid panic. Difficulties are bound to happen. But you will cope with it and will definitely become a professional if you are not too demanding to yourself.
Everyone who starts to believe in himself and not to worry if something went wrong. It's okay, each of us was in your shoes.
Feb 12 2020 at 00:47
Good Day! i am a beginner i would like to ask if i ask an example of a volume and swap and rate? my account is 1:100 and funded it already amounting to 200USD , am afraid to buy and sell because i didnt yet know what is the startegy,..
thank you
thank you
Feb 12 2020 at 07:03
kristelglace posted:
Good Day! i am a beginner i would like to ask if i ask an example of a volume and swap and rate? my account is 1:100 and funded it already amounting to 200USD , am afraid to buy and sell because i didnt yet know what is the startegy,..
thank you
No one know to sell or buy right now. You can use the basic technique to trade. The most important part in this fx trading is not loss all the money.
Jaga Modal & Kekal Profit Selalu.
You just need to love trading and understand its key nuances, it is clear that the market is constantly changing and you can't foresee everything, but if you understand the logic of the market - then nothing is impossible.
Feb 12 2020 at 17:31
All a beginner needs to know is that the market offers many surprises, LOL, but it's not so scary if you're morally ready for it. Things will always go wrong. But don't worry about it. Absolutely all of us live on forex under this scenario.
Feb 12 2020 at 17:35
A newbie should spare no time with his education. Only knowledge will help you to understand all the nuances of trading and learn to find profitable situations faster. And yes, you will always have to do it. It's true. But believe me, the result will meet all your expectations.
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.
Feb 13 2020 at 08:26
i dont get it how would i take profit and it will add up to my deposit balance?is it i close always the trade? example USDJPY and AUDUSD? sample computation.thank you
