Forex Tips
as a newcomer , learning Forex now already easy actually because many source we can learn and read from these sources , yes Baby pips is almost popular website among trader to learn Forex on school tab section , but also will very important while learn on theory also use demo account to practice .
ya damn right about babypips but stilll need the effort to learn not sure that they want to do that(new comers or newbies)
nick123427@
all currencies in Forex trading are good, just we have to experience with them by trading . We can trade all major currency in our demo account. Because we can see here the pairs performance how it works.
Beginners shouldn’t invest their real money here! They should invest their time first, yes learning is the main job for novice traders, and they should start their learning from technical-fundamental-sentimental! If they start from sentimental then they would lose their momentum so easily! I see, generally all of novice traders are too hurry, so please don’t expect here instant result!
Imamul posted:
particularly before starting trading , we consider this stock exchange as a casino and try to bring profit very rapidly without learning , but in practical there is no short cut way of earning and success in long time process in here.
I agree . Forex trading is not a get rich quick scheme . Getting a hang of it takes time. In fact years to be true. One has to constantly observe the markets trends , price moves , current economic situations which have an impact on the forex currency pairs and affects their prices. We can only learn slowly and steadily through experience, constant knowledge gathering and from our mistakes . Emotions have no place in forex . If we make decisions affected y emotions we are sure to lose this game . Discipline , mental toughness , adaptability , inquisitiveness , patient , independence are all the words i can use to describe a a successful forex trader. So traders , keep calm and keep trading
as a newcomer , learning Forex now already easy actually because many source we can learn and read from these sources , yes Baby pips is almost popular website among trader to learn Forex on school tab section , but also will very important while learn on theory also use demo account to practice .
as a new Fx trader consistent successful trade is much difficult , i don't recommend it. just try to control greed and emotions , that's all.
its the main challenge when having a losses , generally after having a losses from trade we become emotional and trade over and over , we lost our motive and mind , as a result become loser. its more appropriate to become cool when having a loss and stop trading for a while.