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When a trader is a newbie

Michihito
Mar 02 at 03:59
298 ieraksti
When a trader is a newbie in Forex , the first thing he or she should be doing to do more of the learning. The beginner traders do not know which road to take in Forex and that is why they are always getting confused, it is better when they take their practicing and learning very serious so that they can learn better.

UweMoench
Mar 02 at 05:29
416 ieraksti
Yes, beginner they need to learn and doing more on practice even use demo account, with practice hence will make perfect, we often hear this quotation and this is good to motivated our trading journey, which as trader must more practice on real trading than only from theory.

Gracewilson1995
Mar 02 at 10:16
147 ieraksti
Yes learning is most imp while you are a newbie. this is the time when you can make it or break it..

blackChelsea
Mar 04 at 11:22
60 ieraksti
I think a trader is still a newbie if he has no knowledge of the forex market although he is trading on call and trade. The real trader is the one who is trading on forex with his skills. The tag of newbie can only be removed with experience.

marktaylor
Mar 09 at 04:27
21 ieraksti
blackChelsea posted:
I think a trader is still a newbie if he has no knowledge of the forex market although he is trading on call and trade. The real trader is the one who is trading on forex with his skills. The tag of newbie can only be removed with experience.

Yes, a skilled trader will surely benefit from the market and since they know how everything works, they can be at an advantage.

blandpatsyy
Mar 10 at 10:38
42 ieraksti
marktaylor posted:
blackChelsea posted:
I think a trader is still a newbie if he has no knowledge of the forex market although he is trading on call and trade. The real trader is the one who is trading on forex with his skills. The tag of newbie can only be removed with experience.

Yes, a skilled trader will surely benefit from the market and since they know how everything works, they can be at an advantage.

Yes but skills and perfection comes with practice. There is a whole process that a trader goes through, be it from learning the basics to familiarising with different aspects of the market. Like I’ve been stuck on this strategy (range trading) for some time and I’ve been practising on CMC Markets, Avatrade but the improvement is slow. It certainly takes a long time to actually be close to perfection when it comes to trading.

reggae
Mar 10 at 11:36
52 ieraksti
Newbie do not have any knowledge when entering into forex market, so it is advisable to start preparing and understanding how forex market and how trading happens.

Numeromatt
Mar 10 at 12:06
38 ieraksti
blandpatsyy posted:
marktaylor posted:
blackChelsea posted:
I think a trader is still a newbie if he has no knowledge of the forex market although he is trading on call and trade. The real trader is the one who is trading on forex with his skills. The tag of newbie can only be removed with experience.

Yes, a skilled trader will surely benefit from the market and since they know how everything works, they can be at an advantage.

Yes but skills and perfection comes with practice. There is a whole process that a trader goes through, be it from learning the basics to familiarising with different aspects of the market. Like I’ve been stuck on this strategy (range trading) for some time and I’ve been practising on CMC Markets, Avatrade but the improvement is slow. It certainly takes a long time to actually be close to perfection when it comes to trading.

It is good that you decided to stick to a strategy and learn it properly first. Hope you get there soon!

SofieAndreasen
Mar 10 at 15:09
441 ieraksti
reggae posted:
Newbie do not have any knowledge when entering into forex market, so it is advisable to start preparing and understanding how forex market and how trading happens.

Right. That’s why most new traders often lose money in the market.

Gracewilson1995
Mar 10 at 17:51
147 ieraksti
Michihito posted:
When a trader is a newbie in Forex , the first thing he or she should be doing to do more of the learning. The beginner traders do not know which road to take in Forex and that is why they are always getting confused, it is better when they take their practicing and learning very serious so that they can learn better.

I think beginner should trade on demo account for atleast 6 months

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