For Newbie

Juan_Garcia posted:
Would suggest newbies to explore and research as much as possible.
After they think, they've got sufficient knowledge, try demo trading and get your hands on the technical stuff.

I totally agree, no newbie should start trading on a real account rightaway (unless it's a cent account, maybe).

Exactly!

According to me, If you want to stay in forex for long, we need to have a solid trading strategy and a sound mindset.

Jude_craig posted:
According to me, If you want to stay in forex for long, we need to have a solid trading strategy and a sound mindset.

Control on emotions and a good plan is required too in my opinion.

For successful trading under but to achieve a lot of necessary things that must have.

micro account can make beginners greedy and emotional , for that reason i dont support always.

Do not rush to a newbie kva relationship and gradually understand everything and gradually turn into trading with small deposits and small volumes of currency pairs.

Demo trading is what a newbie should start with. Gives you a good walk through with how the market works and also the technical part, without risking any fund.

If you want to make money by trading. You need to be serious and committed. It needs a great deal of knowledge and skills. For that one meeds to study a lot. Best of luck in your journey.

ElliotCooke posted:
If you want to make money by trading. You need to be serious and committed. It needs a great deal of knowledge and skills. For that one meeds to study a lot. Best of luck in your journey.

Dedication is all I would say. Constant efforts and skills are a must which will help a trader get good at trading.

Losing initial investment is a part of Forex trading that cannot avoid the maximum beginners. So please don’t worry and never give up. Try to kick off learning from Zero level. Learn from your past mistake and you can learn from myfxbook, Babypips , Fx Factory , FPA forums where so many important thread about how to overcome from losses , senior experts always express their views about at any problems. And must be focus in demo account until a big success.

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.

It is very important to work with a reliable broker, so I chose Amarkets which has been on the market for 13 years and has a large number of clients.

Hrenz posted:
It is very important to work with a reliable broker, so I chose Amarkets which has been on the market for 13 years and has a large number of clients.

A good broker can be the key to success in this market.

Very often brokers who have a very good reputation always help newbies to get comfortable and start trading correctly.

Ferdii posted:
Very often brokers who have a very good reputation always help newbies to get comfortable and start trading correctly.

That's why the right selection of a broker is very important for a trader.

Traders especially newbie lose more than earn. So, be careful if you are a new trader.

ElliotCooke posted:
If you want to make money by trading. You need to be serious and committed. It needs a great deal of knowledge and skills. For that one meeds to study a lot. Best of luck in your journey.

I agree with you. You need to be very disciplined to make money from this market.

Self-improvement is a good thing for beginners to focus on and the money usually follows. I personally started with a low balance but went back and made a larger deposit once I felt confident enough to do so. It is helpful to be able to start small if that's what you'd like to do.