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feelsofine
Dec 17 2019 at 05:59
45 ieraksti
Imamul posted:
Forex market is so complicated above all when you are a beginner , and there is lots of chances to take wrong decision even when choosing a broker . so the importance of a fx mentor is more. but dont fall a scam , good luck


It is definitely hard for the beginner as they have nothing to back them up aside the financial that they are putting into trading. While I agree with you about mentor, I think it is bit hard to find one now these days these people could pretend to be a good mentor. What could be useful is to read the market‘s movement and trying it out in demo and see what can happen. You could always start with real account with maybe $100 deposit and then try your best to make profit from there. Call quit only if you cannot handle losing and bad emotions.

MintDice (MintDice)
Dec 17 2019 at 06:14
3 ieraksti
feelsofine posted:
Imamul posted:
Forex market is so complicated above all when you are a beginner , and there is lots of chances to take wrong decision even when choosing a broker . so the importance of a fx mentor is more. but dont fall a scam , good luck


It is definitely hard for the beginner as they have nothing to back them up aside the financial that they are putting into trading. While I agree with you about mentor, I think it is bit hard to find one now these days these people could pretend to be a good mentor. What could be useful is to read the market‘s movement and trying it out in demo and see what can happen. You could always start with real account with maybe $100 deposit and then try your best to make profit from there. Call quit only if you cannot handle losing and bad emotions.


It is difficult to find a broker, but honestly, a more important feature is just making sure that you are doing well yourself with trading. In the end, these things tend to work themselves out. It's always best to take baby steps to begin trading than to go in head first, kind of as feelsofine alluded to. Just start small or do play money, see what you can make it of, build up from there. Rome wasn't built in a day as they say.

jeffrey (skypgee)
Dec 17 2019 at 06:25
1 ieraksti
you only lose if your quitting never give up each money you lose is a lesson learned

Risk management is the key
Global Tech (GermanyFX)
Dec 17 2019 at 06:37
204 ieraksti
If you want to be profitable in no time I can you a system with few strict rules and then you can be profitable. Must follow the riles.

Professional4X
Dec 18 2019 at 02:35
1189 ieraksti
GermanyFX posted:
If you want to be profitable in no time I can you a system with few strict rules and then you can be profitable. Must follow the riles.


Thank you for offering to share your system, please tell us what the details for the strategy is and the specific rules for it.

If it looks too good to be true, it's probably a scam! Let the buyer beware.
Professional4X
Dec 18 2019 at 02:36
1189 ieraksti
skypgee posted:
you only lose if your quitting never give up each money you lose is a lesson learned




Loss is a part of trading. All traders experience loss.
It's how those losses are handled which will determine if a trader will be profitable over the long term of their career.

The difference between a long term successful trader and a blown account is one simple thing. RISK MANAGEMENT.

If it looks too good to be true, it's probably a scam! Let the buyer beware.
Professional4X
Dec 18 2019 at 02:43
1189 ieraksti
MintDice posted:
feelsofine posted:
Imamul posted:
Forex market is so complicated above all when you are a beginner , and there is lots of chances to take wrong decision even when choosing a broker . so the importance of a fx mentor is more. but dont fall a scam , good luck


It is definitely hard for the beginner as they have nothing to back them up aside the financial that they are putting into trading. While I agree with you about mentor, I think it is bit hard to find one now these days these people could pretend to be a good mentor. What could be useful is to read the market‘s movement and trying it out in demo and see what can happen. You could always start with real account with maybe $100 deposit and then try your best to make profit from there. Call quit only if you cannot handle losing and bad emotions.


It is difficult to find a broker, but honestly, a more important feature is just making sure that you are doing well yourself with trading. In the end, these things tend to work themselves out. It's always best to take baby steps to begin trading than to go in head first, kind of as feelsofine alluded to. Just start small or do play money, see what you can make it of, build up from there. Rome wasn't built in a day as they say.


Pick a highly regulated brokerage with a strong guarantee of asset protections.

Start on demo and stay there until you can make a reasonable profit level for a minimum of 3 to 6 months in a row.

Then move up to a micro or cent account. There is a strong psychological impact for most people when it comes to moving to a live account from demo.

Only invest money you don't care about losing and will have NO IMPACT on your life when the account is blown.

Focus on RISK MANAGEMENT as the #1 priority.

If it looks too good to be true, it's probably a scam! Let the buyer beware.
pleasingoink
Dec 18 2019 at 11:32
10 ieraksti
Professional4X posted:
GermanyFX posted:
If you want to be profitable in no time I can you a system with few strict rules and then you can be profitable. Must follow the riles.


Thank you for offering to share your system, please tell us what the details for the strategy is and the specific rules for it.


Please provide the rules I am very interested to read about your system

Gabriel99
Dec 31 2019 at 12:14
34 ieraksti
steveday1976 posted:
kamikazebogeyman posted:
When losses build and build it is a big emotional problem. one or two is fine but when have 8 losers in a row despair kicks in
yes i have been able to relate to that in the past.

Yes no one can avoid that. But with honest efforts and sound trading plan one can definitely become a profitable trader.

Tygotaylor
Dec 31 2019 at 12:20
33 ieraksti
GermanyFX posted:
If you want to be profitable in no time I can you a system with few strict rules and then you can be profitable. Must follow the riles.

That’s nice what rules are you talking about btw?

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