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Let's Talk Trading
Anggota Sejak Sep 10, 2018
8 pos
Sep 22, 2018 at 08:50
Anggota Sejak Aug 11, 2017
886 pos
Starting with small account always safe and sounds , but we newcomers always try to start trading with large amount due to earning profit rapidly , in practical there is no way to get better something by large capital , need only good trading knowledge and experience that can bring good result in spite of minor balance.
Oct 19, 2018 at 05:35
Anggota Sejak Aug 09, 2017
785 pos
We can start Forex in a proper way, if we want to be a professional. Babypips School is the first choice of learning and besides this demo account must which is mainly considered the foremost place to acquire real basic knowledge which is very supportive to kick off a live account in a proper way.
Nov 25, 2018 at 08:10
Anggota Sejak Apr 18, 2017
920 pos
Imamul posted:
We can start Forex in a proper way, if we want to be a professional. Babypips School is the first choice of learning and besides this demo account must which is mainly considered the foremost place to acquire real basic knowledge which is very supportive to kick off a live account in a proper way.
Of course, BabyPips School is very useful institution to learn Forex! But, on;y BabyPips School is not enough, because traders need to learn basic as well as advance trading.
Dec 18, 2018 at 10:53
Anggota Sejak Aug 09, 2017
785 pos
Self learning is best not only Fx but also others profession. But honestly speaking without a great mentor that’s really difficult to learn Forex as a beginner. Because this market is too much volatile and widespread. Beginners can take demo trading for self learning besides Pips school.
Anggota Sejak Aug 27, 2017
994 pos
Dec 23, 2018 at 08:30
Anggota Sejak Aug 27, 2017
994 pos
Imamul posted:
Self learning is best not only Fx but also others profession. But honestly speaking without a great mentor that’s really difficult to learn Forex as a beginner. Because this market is too much volatile and widespread. Beginners can take demo trading for self learning besides Pips school.
That’s the proper way! Since, there haven’t enough number of trainers! In addition, new traders should make sure their trading skill before the live trading, unless they will face a huge lose.
Mar 19, 2019 at 10:35
Anggota Sejak Aug 11, 2017
886 pos
any trading analysis is important but most important is fundamental particularly when it is time to news , fundamental analysis to acquire is a tough issue and need a long time , for that reason we the traders above all newcomers fail to interest and move on technical analysis for trading successfully.
Mar 19, 2019 at 13:57
Anggota Sejak Apr 18, 2017
920 pos
Mohammadi posted:
any trading analysis is important but most important is fundamental particularly when it is time to news , fundamental analysis to acquire is a tough issue and need a long time , for that reason we the traders above all newcomers fail to interest and move on technical analysis for trading successfully.
Correct; I have seen most of the time; during the high voltage news like FOMC, NFP technical analysis doesn't follow the rules; that’s why, usually I close all of my trades during the high voltage news sessions.
Mar 21, 2019 at 09:25
Anggota Sejak Aug 09, 2017
785 pos
Actually how much we can earn our trading it depends on the markets movements. It’s not countable at all by our trading accounts. I was profitable when I started my live trading with 1K. but I did huge loss when I increased my balance in 2.5K but there was same strategies with same money management.
Mar 22, 2019 at 08:53
Anggota Sejak Mar 21, 2019
11 pos
I find is still that some newbies try to trade with daily targets of 10 pips or 100 pips or whatever. You can only get what themarket will give you. When price is static it is impossible to make any money buy when there are large 200pip moves in a day then there are profits (or losses) to be had
Anggota Sejak Aug 27, 2017
994 pos
Mar 25, 2019 at 15:27
Anggota Sejak Aug 27, 2017
994 pos
Amadi posted:
I find is still that some newbies try to trade with daily targets of 10 pips or 100 pips or whatever. You can only get what themarket will give you. When price is static it is impossible to make any money buy when there are large 200pip moves in a day then there are profits (or losses) to be had
Basically, it’s a wrong approach; there is certainty in Forex; it’s all about probabilities. So, having a fixed target means extra burden.
Apr 10, 2019 at 10:40
Anggota Sejak Aug 11, 2017
886 pos
Every trader in this market place I think already knows Forex is a risky business. That’s why need experience and knowledge to minimize the risk . Without proper trading knowledge and experience, a trader many be get more loss than profit. We should understand that there is no shortcut and we can’t become rich overnight.
Anggota Sejak Mar 11, 2019
10 pos
Apr 12, 2019 at 09:56
Anggota Sejak Aug 11, 2017
886 pos
Generally, novice traders should start from basic level! According to my personal experience, BabyPips School is a good place for start with! Besides, new traders need to open a demo for practicing purpose! Demo is the most decent way of Forex learning.
Apr 12, 2019 at 12:18
Anggota Sejak Feb 22, 2011
4862 pos
The killing danger for beginner's trader is undercapitalization.
When trader tries to made enough profit for living on $1,000 account it leads to overtrading.
Overtrading leads to huge risk.
Huge risk inevitably leads to losses.
This is tightly related to risk mgmt and to realistincs expectations.
So even with a good strategy if you overtrade you will kill your account soon or later.
When trader tries to made enough profit for living on $1,000 account it leads to overtrading.
Overtrading leads to huge risk.
Huge risk inevitably leads to losses.
This is tightly related to risk mgmt and to realistincs expectations.
So even with a good strategy if you overtrade you will kill your account soon or later.
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