Tradelist45
Jun 26, 2020 부터 멤버
게시물301
Jul 11 2021 at 07:16
the beginners always try to bring profit with no learning , its a wrong decision , because there is no short cut way of learning . need a long time practice with great level of patience.
practice is really important no way to avoid it but if you have wrong trading method , according to me any kind of practice level can be useless. so be careful first of all.
SteveHanks
Mar 17, 2021 부터 멤버
게시물536
Jul 13 2021 at 10:30
Imamul posted:Practice is the most important thing to make money from this market.
practice is really important no way to avoid it but if you have wrong trading method , according to me any kind of practice level can be useless. so be careful first of all.
LukeRachel
Mar 16, 2021 부터 멤버
게시물477
Jul 13 2021 at 11:31
Without practice and patience, beginner traders will not be able to make a profit in the market.
Hanadabdulahhi
Jul 12, 2021 부터 멤버
게시물1
Jul 13 2021 at 13:56
Make sure you practice with the write mindset and you will see the benefits of this market
mdsh7864 posted:Very nicely explained. Thanks for sharing it.
As with starting any career, there is a lot to learn when you're a day trading beginner. Not only will you need to decide what to trade and how much capital you'll need, but you'll have to get the proper equipment and software, determine when to trade, and of course, how to manage your risk.
Many day traders already have lots of market experience when they begin their new business ventures. Because it can cause you to lose a great deal of money very quickly, you may have to choose whether to work full time at the venture.
That can allow you to watch the market continuously and make trades at the perfect times.
here are some day trading tips:
1. USE THE ECONOMIC CALENDAR AND NEWS
The first trading tip deals with the economic calendar and the news. The Economic Calendar is an essential tool for any trader. Whether short-term day traders or long-term swing traders, economic news always has an impact on the markets.
2. The demo account for beginners and advanced traders
The trading demo account is very important for beginners and advanced traders to test trading platforms, strategies, etc. It is a virtual credit account that imitates real money trading. The terms and conditions are the same. The demo account allows the trader to trade without risk.
3. Choose cheap and reputable brokers
This is probably the most cost-effective trading tip for the trader. With more than 9 years of experience, we have tested many brokers and looked for the best providers. Trading fees can be extrapolated to the year, so you should definitely look for a cheap broker. Alone with a saving of 1$ per order opening, a very large sum comes out calculated on the year.
Tradelist45
Jun 26, 2020 부터 멤버
게시물301
Jul 16 2021 at 08:38
I think there is nothing which is risky as like Forex , because every second is uncertain in here , and despite of having most powerful analyzing trade knowledge that’s not possible at all to predict the real faction of this market place with certainly. But with more discipline it is possible to make profit with consistency from this market place.
WaltonCharles
Mar 21, 2021 부터 멤버
게시물144
Jul 18 2021 at 20:45
Tradelist45 posted:Yes. Forex is the riskiest market in this market.
I think there is nothing which is risky as like Forex , because every second is uncertain in here , and despite of having most powerful analyzing trade knowledge that’s not possible at all to predict the real faction of this market place with certainly. But with more discipline it is possible to make profit with consistency from this market place.
Hanadabdulahhi posted:Yes. Practice is the most important thing in this market.
Make sure you practice with the write mindset and you will see the benefits of this market
Djan Viana
(DjanLuis)
Apr 03, 2021 부터 멤버
게시물13
Jul 21 2021 at 02:50
mdsh7864 posted:
As with starting any career, there is a lot to learn when you're a day trading beginner. Not only will you need to decide what to trade and how much capital you'll need, but you'll have to get the proper equipment and software, determine when to trade, and of course, how to manage your risk.
Many day traders already have lots of market experience when they begin their new business ventures. Because it can cause you to lose a great deal of money very quickly, you may have to choose whether to work full time at the venture.
That can allow you to watch the market continuously and make trades at the perfect times.
here are some day trading tips:
1. USE THE ECONOMIC CALENDAR AND NEWS
The first trading tip deals with the economic calendar and the news. The Economic Calendar is an essential tool for any trader. Whether short-term day traders or long-term swing traders, economic news always has an impact on the markets.
2. The demo account for beginners and advanced traders
The trading demo account is very important for beginners and advanced traders to test trading platforms, strategies, etc. It is a virtual credit account that imitates real money trading. The terms and conditions are the same. The demo account allows the trader to trade without risk.
3. Choose cheap and reputable brokers
This is probably the most cost-effective trading tip for the trader. With more than 9 years of experience, we have tested many brokers and looked for the best providers. Trading fees can be extrapolated to the year, so you should definitely look for a cheap broker. Alone with a saving of 1$ per order opening, a very large sum comes out calculated on the year.
Great post!
It is difficult to pass on simple tips within such a difficult and complex market. But I'll try following the order that our colleague placed above...
4 – Understand who the market participants are, and why they participate in the market (this will give more insight into how the price works, and how they manipulate its direction)
5 – Begin to understand the frequency of the market, and realize that in many moments there are patterns that are repeated.
6 - Try to understand why the price made a certain movement. (because despite the randomness, there are some explanations for movements)
7 – Record the screen while operating. (this will help you see how the market has moved)
When I remember other tips, I'll come back here to post!
It’s not appropriate to depend fixed rule, if we want to survive in a proper way. it is really important to gather keep pace with this markets movements. Sometimes the rules you have can be changed. it’s really depends on the situations.
WaltonCharles
Mar 21, 2021 부터 멤버
게시물144
Jul 25 2021 at 11:43
Imamul posted:Yes. Every trader should follow the market conditions.
It’s not appropriate to depend fixed rule, if we want to survive in a proper way. it is really important to gather keep pace with this markets movements. Sometimes the rules you have can be changed. it’s really depends on the situations.
whitneytyler
Jun 07, 2021 부터 멤버
게시물72
Jul 26 2021 at 05:27
As per my opinion, simple trading tips for beginners are as follows.
· Choose a dependable broker to eliminate chances of scams
· Understand the market you are planning to trade
· Learn about how the market works
· Begin trading on a demo account to learn
· After sufficient practice when you have gained confidence, go for live trading.
· Seek the help of a mentor if required
· Trade in a disciplined manner and stick to your plans always
· Choose a dependable broker to eliminate chances of scams
· Understand the market you are planning to trade
· Learn about how the market works
· Begin trading on a demo account to learn
· After sufficient practice when you have gained confidence, go for live trading.
· Seek the help of a mentor if required
· Trade in a disciplined manner and stick to your plans always
Tradelist45
Jun 26, 2020 부터 멤버
게시물301
Jul 26 2021 at 07:42
demo is a place to prove yourself how can you handle trading strategies you have , so, don't ignore the demo , you suggest 3-4 months to stay in here , its a long time for beginners level to keep patience in here, that's why i prefer minimum 1 months for that.
Tradelist45
Jun 26, 2020 부터 멤버
게시물301
Jul 26 2021 at 07:46
For leading a secure and comfortable trading life with certainly we have to choose the broker which does not restrict any kinds of trading techniques with scalping and hedging. Practically despite of a profitable trading approach scalping don’t allow by and large trading brokers in their platforms. So, we the traders who are particularly scalpers have to choose the broker which permits scalping including lowest trading spreads.
These are really good tips for the newcomers. I would also add the tip about trading plan and risk management. I believe that these concepts should be learnt in very beginning in order for a newbie to understand that successful trading presupposes much of analysis and planning and before opening a deal, you should have some more or less realistic expectations of it.
LyudmilLukanov
Jul 23, 2020 부터 멤버
게시물869
Jul 31 2021 at 17:40
Don’t invest too much money at first. You most probability lose that money.
AndrewMcCalam54
Jun 12, 2021 부터 멤버
게시물132
Aug 02 2021 at 09:53
DjanLuis posted:its a very nice reply from all there is. thanks for your nice post.mdsh7864 posted:
As with starting any career, there is a lot to learn when you're a day trading beginner. Not only will you need to decide what to trade and how much capital you'll need, but you'll have to get the proper equipment and software, determine when to trade, and of course, how to manage your risk.
Many day traders already have lots of market experience when they begin their new business ventures. Because it can cause you to lose a great deal of money very quickly, you may have to choose whether to work full time at the venture.
That can allow you to watch the market continuously and make trades at the perfect times.
here are some day trading tips:
1. USE THE ECONOMIC CALENDAR AND NEWS
The first trading tip deals with the economic calendar and the news. The Economic Calendar is an essential tool for any trader. Whether short-term day traders or long-term swing traders, economic news always has an impact on the markets.
2. The demo account for beginners and advanced traders
The trading demo account is very important for beginners and advanced traders to test trading platforms, strategies, etc. It is a virtual credit account that imitates real money trading. The terms and conditions are the same. The demo account allows the trader to trade without risk.
3. Choose cheap and reputable brokers
This is probably the most cost-effective trading tip for the trader. With more than 9 years of experience, we have tested many brokers and looked for the best providers. Trading fees can be extrapolated to the year, so you should definitely look for a cheap broker. Alone with a saving of 1$ per order opening, a very large sum comes out calculated on the year.
Great post!
It is difficult to pass on simple tips within such a difficult and complex market. But I'll try following the order that our colleague placed above...
4 – Understand who the market participants are, and why they participate in the market (this will give more insight into how the price works, and how they manipulate its direction)
5 – Begin to understand the frequency of the market, and realize that in many moments there are patterns that are repeated.
6 - Try to understand why the price made a certain movement. (because despite the randomness, there are some explanations for movements)
7 – Record the screen while operating. (this will help you see how the market has moved)
When I remember other tips, I'll come back here to post!