Newbie problem
EbonyJones posted:
Most of the new traders want to make money quickly in this market. This is the most common mistake. For making money quickly most traders make wrong decisions and lose their money.
Correct. Forex is not a quick and easy way of getting rich. Results are seen with those only who work hard for it, practice and give their best.
Ima think there're lot of things newbiess're doin' wrong.
Startin' with tradin' live acc without openin' demo one.
Don't know how calculate their mm (money managment).
Set too large drowdawn. And it applys to all traders. Many of them doin' it and then loose.
Yeah Ima doin' it too some time. Bad habbit.
Don't analyze market or doin' it circumstances.
Ima think there're lot of mistakes. Choose you like.
Cheers.
Startin' with tradin' live acc without openin' demo one.
Don't know how calculate their mm (money managment).
Set too large drowdawn. And it applys to all traders. Many of them doin' it and then loose.
Yeah Ima doin' it too some time. Bad habbit.
Don't analyze market or doin' it circumstances.
Ima think there're lot of mistakes. Choose you like.
Cheers.
Ima do what Ima want to
Most of the new traders face problem to choose a good and reliable broker.
Tradelist45
会員 Jun 26, 2020
62 件の投稿
Sep 28 2020 at 07:05
yes , newcomers always fall a great trouble when choosing a broker , because top rating brokers always have tight spreads and large amount of deposit. its a great problem for newcomers.
honestly speaking , i trade most of the time in demo ,
but the knowledge i have gained i fail to use that when trade in a real account.
but the knowledge i have gained i fail to use that when trade in a real account.
radioactive
会員 Sep 07, 2020
37 件の投稿
Sep 28 2020 at 07:24
It is not all about choosing the top rating broker, but yes it helps if you research on which broker do you think it suitable for your trading style and look for that.
ZzzzzzzZ posted:
Ima think there're lot of things newbiess're doin' wrong.
Startin' with tradin' live acc without openin' demo one.
Don't know how calculate their mm (money managment).
Set too large drowdawn. And it applys to all traders. Many of them doin' it and then loose.
Yeah Ima doin' it too some time. Bad habbit.
Don't analyze market or doin' it circumstances.
Ima think there're lot of mistakes. Choose you like.
Cheers.
So true with first two. I have seen some memeber in here saying that they opened a live account and they have no idea what to do next. That is how you know you are starting on the wrong foot.
LeviSievwright5
会員 Jul 20, 2020
226 件の投稿
Sep 30 2020 at 01:33
Yes, you are right, most traders try to make a lot of money from Forex in a short time. As a result, they lose their important investment. It is possible to make a lot of profit from trading but to do that you must maintain discipline. You have to trade according to the plan. And you always have to maintain risk. If you can trade in this way, you can be satisfied with some profit at the end of the month.
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