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When a trader is a newbie
May 27, 2022 at 05:00
We should not forget that all the professional traders were once new traders. They decided not to give up and explore the market properly to make the most of the market movements. If you are zealous, nothing can stop you from making profits.
Member Since Jun 10, 2022
25 posts
Jun 20, 2022 at 07:17
It is possible to earn but the current Bear market in Crypto and Global economy is making it hard to build up quite a profit.
Member Since Jun 03, 2022
17 posts
Jun 22, 2022 at 07:19
When a trader is just starting out. First and foremost, he must broaden and deepen his knowledge of the market. Newcomers must invest their time and energy in learning and improving themselves.
Member Since Jun 02, 2022
24 posts
Jun 24, 2022 at 06:05
We all start as newbies with no idea about what forex trading is and how we can make money with it. But it’s a problem when we keep the newbie’s mindset and don’t take responsibility for our trades. It is easy to blame the market but it takes a big heart to become capable of accepting your mistakes and improving them.
Jun 27, 2022 at 06:27
As a newbie, fully focus on the learning part and don’t be greedy. Do not think about money in the initial stage of your trading career and fully focus on learning skills, gaining knowledge, and taking experience. Once you know the basics, you can move into a demo trading account to gain practical knowledge and to understand the market in a better way.
Member Since Jun 26, 2020
323 posts
Jul 02, 2022 at 03:50
knowledge is important , no way to ignore but besides this should focus on practice session. otherwise trading life could be dangerous.
Member Since Jun 28, 2022
25 posts
Jul 06, 2022 at 07:34
A newbie should focus on gaining knowledge, carefully analysing the market and using strategies such as Risk and Money Management to avoid the risk.
Jul 08, 2022 at 05:21
Yes, that’s true! Most people do not understand the importance of learning and hard work. They do not take forex seriously, and then they lose. Newbies need to learn that there is no easy road to riches, and forex is no different. Forex, like any other financial area, requires much hard work and learning before one starts becoming successful.
Sep 01, 2022 at 06:24
sebking1986 posted:
Learning should be priority number one but also consideration of the limitations on them that will help guide them as to which type of trader they might be. What time constraints do you have? Are you a nervous person etc.
I can not agree more! A newbie should focus on learning and develop skills for trading profitably. He must consider practicing on the demo account.
Member Since Jun 26, 2020
323 posts
Sep 03, 2022 at 05:03
demo is important , no way to avoid but the main problem is when we try to practically we cant focus on there.
Member Since Jun 12, 2021
132 posts
Sep 04, 2022 at 12:39
the new Forex trader always try to bring good amount of profit with no learning . this is a very common mistake.
Member Since Aug 17, 2022
79 posts
Sep 07, 2022 at 12:01
When you’re a newbie in trading one should keep in mind:
1.Learn the basics on demo trading account.
2.To always be a learner.
3.Taking risks which one can afford.
4.Use low capital initially to begin with.
5.Have a trade checklist.
6.Avoid shortcuts.
7.Review your trades.
1.Learn the basics on demo trading account.
2.To always be a learner.
3.Taking risks which one can afford.
4.Use low capital initially to begin with.
5.Have a trade checklist.
6.Avoid shortcuts.
7.Review your trades.
Sep 15, 2022 at 09:47
As a newbie I feel having some amount of knowledge before we actually start trading is really crucial because that is gonna be our base for the rest of our trading career and also if one wants to get early into trading then you can join similar courses like trading based monthly batches which are available on internet, they will really be a great help.
