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Newbie ans strategy

Richarlison872
Dec 02 2020 at 11:13
posts 26
I agree that most new traders want to make money fast. They forget that they have to put efforts to make it work.

AmDiab
Dec 03 2020 at 07:07
posts 718
right now i am using all strategy in practice account demo and i trade here to see my price action attitude. actually to be experienced about price action is a big deal really. 

AniLorak
Dec 03 2020 at 07:28
posts 920
having a losses is very common attitude and there is no one who can avoid it in spite of having most powerful analyzing trade knowledge and experience.

GeorgeBischof
Dec 04 2020 at 15:12
posts 318
New traders should learn all the basics of Forex perfectly before starting their trading career.

Tremblay
Mar 15 at 18:39
posts 330
GeorgeBischof posted:
New traders should learn all the basics of Forex perfectly before starting their trading career.

The main problem with newbies is they do not manage risk. They want to make huge money overnight. They open very big lots and don't put any stop. Basically they do gambling.

DanialWales
Mar 15 at 19:38
posts 17
AniLorak posted:
having a losses is very common attitude and there is no one who can avoid it in spite of having most powerful analyzing trade knowledge and experience.

Most people fail because they don't know what they are doing. As Warren Buffett said, Risk comes from not knowing what you are doing. Most small traders here are doing nothing but scalping.

Keaton Richards (keatonrichard)
Mar 20 at 06:42
posts 30
DanialWales posted:
AniLorak posted:
having a losses is very common attitude and there is no one who can avoid it in spite of having most powerful analyzing trade knowledge and experience.

Most people fail because they don't know what they are doing. As Warren Buffett said, Risk comes from not knowing what you are doing. Most small traders here are doing nothing but scalping.

Having knowledge about the things you are opting for should be the first priority of everyone.

Mathewshayden
Mar 20 at 10:23
posts 41
Many of the newbies entering the trading world don’t even know what they are signing up for! They don’t know the basic terminologies and then they want to earn also.

WaltonCharles
Mar 21 at 20:29
posts 123
Consistency is the brick of success. It helps gradually to build your account. To be successful for long term we need to be consistent in profit making. Random trading can't help us to be successful.

Keaton Richards (keatonrichard)
Mar 22 at 07:00
posts 30
Mathewshayden posted:
Many of the newbies entering the trading world don’t even know what they are signing up for! They don’t know the basic terminologies and then they want to earn also.

Absolutely. I have noticed this thing a lot. I never compromised with learning. Gathered information about every single thing before trading in forex. Many new traders start with leverage of 500:1 which is not required and then end up blowing their account. I was always limited to 200:1

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