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New Forex Trader Here

Dec 06, 2017 at 15:48
Vues 3,843
160 Replies
SK (Lamyaii)
Membre depuis Mar 20, 2019   posts 8
Mar 21, 2019 at 14:52
Abderrahmane1992 posted:
Experienced trader usually have at least 3 brokers that they regularly use. It is mistake to put all your money with one broker. If they steel from you then you will have nothing left. Using a regulated broker helps but it is still better to use >3 broker
Thank you, I will do so as your advice, starting with 2 brokers and more after then.
Get money when market seems to provide so !
SK (Lamyaii)
Membre depuis Mar 20, 2019   posts 8
Mar 21, 2019 at 14:53
Is it possible to copy my own trading signal to my another broker account through myfxbook autotrade ?
Get money when market seems to provide so !
Membre depuis Feb 08, 2019   posts 213
Mar 24, 2019 at 08:18
Abderrahmane1992 posted:
Experienced trader usually have at least 3 brokers that they regularly use. It is mistake to put all your money with one broker. If they steel from you then you will have nothing left. Using a regulated broker helps but it is still better to use >3 broker

This makes sense, especially if you're a pro cause if you only have one broker and they are having techie issues on a given day, you can't go to work that day
Rachel (REB_FX)
Membre depuis Feb 08, 2019   posts 57
Mar 25, 2019 at 06:53
Abderrahmane1992 posted:
Experienced trader usually have at least 3 brokers that they regularly use. It is mistake to put all your money with one broker. If they steel from you then you will have nothing left. Using a regulated broker helps but it is still better to use >3 broker

Very sound advice, not something many new traders will consider, and especially when the trading bank is a significant size as well to protect your funds.
Adam Cantor (AdamCantor)
Membre depuis Mar 18, 2019   posts 98
Mar 25, 2019 at 15:27
ScottyCarsonMVP posted:
REB_FX posted:
walpants posted:
i keep hearing about this book i think i need to get hold of it.

have you checked out the Youtube series ? This 5 or maybe 6 hours of awesome content broken in to a 4 part series.

Yes, highly recommended!

i dont know if it is the same one, but i used Youtube 'tutorials' to gauge a fell of trading from more experienced traders. very helpful.
Membre depuis Mar 25, 2019   posts 1
Mar 26, 2019 at 06:36
Hi everybody! I have never done anything like this before, so I'll confess to being the newbie's newb. From what I've been reading in this post, I'm hearing my brain saying, you sure you want to do this? I really have no idea of what I'm doing. I just need a better way than I had yesterday. And I've got a sneaking suspicion that this is it. I may not like myself for taking on such an ambitious task, but it's not something I plan on regretting any time soon. Anyway, I just wanted to introduce myself and acknowledge all of you as being where I want to be too.
"It's a new day. It's a new way. And I'm feeling good!"
Rachel (REB_FX)
Membre depuis Feb 08, 2019   posts 57
Mar 26, 2019 at 11:26
Morrije posted:
Hi everybody! I have never done anything like this before, so I'll confess to being the newbie's newb. From what I've been reading in this post, I'm hearing my brain saying, you sure you want to do this? I really have no idea of what I'm doing. I just need a better way than I had yesterday. And I've got a sneaking suspicion that this is it. I may not like myself for taking on such an ambitious task, but it's not something I plan on regretting any time soon. Anyway, I just wanted to introduce myself and acknowledge all of you as being where I want to be too.

Hi Morrije, welcome!
This is certainly not a journey for the faint hearted.
I take it from your comments you have done some kind of trading, as you want to find something different to what you did yesterday........ what have you been doing so far?
Adam Cantor (AdamCantor)
Membre depuis Mar 18, 2019   posts 98
Mar 26, 2019 at 16:18
REB_FX posted:
Abderrahmane1992 posted:
Experienced trader usually have at least 3 brokers that they regularly use. It is mistake to put all your money with one broker. If they steel from you then you will have nothing left. Using a regulated broker helps but it is still better to use >3 broker

Very sound advice, not something many new traders will consider, and especially when the trading bank is a significant size as well to protect your funds.

i totally agree with this. best advice on the thread
Membre depuis Mar 04, 2019   posts 10
Mar 27, 2019 at 06:43
If you are new trader with a tiny account using a single broker is OK. You will not have much to lose. With such low leverage limits now a bigger account is needed in order to trade.
Rachel (REB_FX)
Membre depuis Feb 08, 2019   posts 57
Mar 27, 2019 at 06:48
AdamCantor posted:
ScottyCarsonMVP posted:
REB_FX posted:
walpants posted:
i keep hearing about this book i think i need to get hold of it.

have you checked out the Youtube series ? This 5 or maybe 6 hours of awesome content broken in to a 4 part series.

Yes, highly recommended!

i dont know if it is the same one, but i used Youtube 'tutorials' to gauge a fell of trading from more experienced traders. very helpful.

Not sure it is, Mark Douglas series is what i was referring to.

What tutorials have you watched?
Adam Cantor (AdamCantor)
Membre depuis Mar 18, 2019   posts 98
Mar 28, 2019 at 15:39
oooh okay let me take a look, thanks :)
Membre depuis Feb 21, 2019   posts 11
Mar 29, 2019 at 07:04
Sounds very interesting. Do the tutorials go into detail about trading strategies or is it just basic info and general comments on support and resistance. I have seem to many of those videos and I need something more detailed and rigorous
Membre depuis Feb 10, 2019   posts 54
Apr 01, 2019 at 06:06
AdamCantor posted:
ScottyCarsonMVP posted:
REB_FX posted:
walpants posted:
i keep hearing about this book i think i need to get hold of it.

have you checked out the Youtube series ? This 5 or maybe 6 hours of awesome content broken in to a 4 part series.

Yes, highly recommended!

i dont know if it is the same one, but i used Youtube 'tutorials' to gauge a fell of trading from more experienced traders. very helpful.

Yeah lots of decent You Tube tutorials out there
Membre depuis Aug 11, 2017   posts 886
Apr 07, 2019 at 20:30
We have to choose these kinds of brokers which make sure security of funds, lowest trading spreads, low transaction cost, easy withdrawal system without long time process, free demo trading , active customer services , superior execution and much more real trading facilities that are very supportive to lead a flexible trading life with certainly.
Membre depuis Feb 22, 2019   posts 11
Apr 09, 2019 at 06:03
Broker is important but for new trader does not matter that much. New trader should be on demo only. Stay away from live account for months
Membre depuis Feb 08, 2019   posts 213
Apr 14, 2019 at 06:30
WinterWalker posted:
Broker is important but for new trader does not matter that much. New trader should be on demo only. Stay away from live account for months

I agree, demo till consistently profitable. Could take months or even years or it might never happen....
Membre depuis Oct 09, 2018   posts 20
Apr 15, 2019 at 10:53
Finish babypips schoo. It is very important to know the basics of trading.l
Membre depuis Jan 03, 2018   posts 162
Apr 15, 2019 at 12:20
failuresfx posted:
Finish babypips schoo. It is very important to know the basics of trading.l

nice ,very good start
nick123427@
Adam Cantor (AdamCantor)
Membre depuis Mar 18, 2019   posts 98
Apr 15, 2019 at 14:18
babypips is awesome to learn the basics and also here is good for learning form the pros. i also found some youtube videos to be helpful with chart understanding and learning how to read them properly. great for the more visual learners. I also follow some facebook groups with people who share their trades and knowledge.

good luck with your trading
Membre depuis Oct 09, 2018   posts 20
Apr 16, 2019 at 05:10
nick3232 posted:
failuresfx posted:
Finish babypips schoo. It is very important to know the basics of trading.l

nice ,very good start

Thanks mate.
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