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iDragonFly
Beginner's Tips
in
New Traders
Feb 21, 2019 at 07:57
Trading one currency pair is ok, but it all depends on your strategy of executing trades.Before you even think about trading multi-currency and different pairs at the same time, read about this subject "Currency correlation" (to save your hard earned money).You can start here:https://www.babypips.com/learn/forex/what-is-currency-correlation
Beginner's Tips
in
New Traders
Dec 27, 2018 at 07:46
As a beginner, I think it would be fair if you trade with small amounts in cent accounts (after trading demo of course). with small amounts you taste the market in real conditions, you feel like how the revenge trading get started, letting losers run, entering trade without any plan (sl & tp etc...). I have a newbie friend that he thinks he can't trade with small amounts like 100$ and I have told him it's a mindset and mental limit that you have put on your mind, it's not true because you don't see the amounts that you're trading with, it's the percentage that y...
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