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For Newbie
Biedrs kopš
298 ieraksti
Oct 19, 2020 at 06:50
Biedrs kopš
298 ieraksti
For newbie small capital is good. Actually what I think is when you start forget about capital and profit. Focus on knowledge and skills. Most traders make this mistake, they focus on profit at the first hand. They don't realize that forex trading requires specific knowledge and skills. I would recommend to study and research as much as possible.
Biedrs kopš
11 ieraksti
Oct 19, 2020 at 10:39
Biedrs kopš
11 ieraksti
First year of trading should be all about learning and demoing. I would not consider trading for profit until after that
Biedrs kopš
123 ieraksti
Oct 21, 2020 at 18:27
Biedrs kopš
123 ieraksti
Definitely, I agree with both of you. Trading is portrayed as a way to get rich quick way too often, but we need to be careful and not let greed dictate our decisions.
Biedrs kopš
18 ieraksti
Oct 22, 2020 at 06:26
Biedrs kopš
18 ieraksti
Wreeves posted:Agreed, sufficient time should be given to learning, research and demo trading in the beginning, however, that time period can vary for all I guess.
First year of trading should be all about learning and demoing. I would not consider trading for profit until after that
Biedrs kopš
232 ieraksti
Oct 22, 2020 at 20:47
Biedrs kopš
232 ieraksti
Most of the new traders lose their investment because of picking the wrong strategy. So, try to pick the suitable and right strategy according to your trading plan.
Biedrs kopš
33 ieraksti
Oct 23, 2020 at 11:19
Biedrs kopš
33 ieraksti
Stress upon learning and practicing, that's a must for a newbie, atleast for some initial years of trading.
Biedrs kopš
119 ieraksti
Oct 26, 2020 at 10:15
Biedrs kopš
119 ieraksti
Every trade, every trade will be heightened, emotional, and we will always be under stress.
Biedrs kopš
42 ieraksti
Oct 27, 2020 at 06:29
Biedrs kopš
42 ieraksti
Michihito posted:
For newbie small capital is good. Actually what I think is when you start forget about capital and profit. Focus on knowledge and skills. Most traders make this mistake, they focus on profit at the first hand. They don't realize that forex trading requires specific knowledge and skills. I would recommend to study and research as much as possible.
Well said, People focus more on profits than enhancing their knowledge base. A better thing is to pay more attention on learning and practicing than on profits, profits will automatically flow if your concepts, strategies are right.
Biedrs kopš
298 ieraksti
Oct 28, 2020 at 01:12
Biedrs kopš
298 ieraksti
Of course, small capital is needed to reduce losses. When a trader joins new trading he has less knowledge about trading. In this case, if he is given a big investment, he is more likely to lose that investment. So a new trader needs to acquire a lot of information and knowledge.
Biedrs kopš
5 ieraksti
Oct 28, 2020 at 09:12
Biedrs kopš
5 ieraksti
The most important thing is not to chase big profits, but it is better to start, say, with a minimum deposit of $ 100, like with the Amarkets broker, and then this will give you the opportunity to earn a little in case of successful trading, and you will not mind losing if you have to go through such an experience.
Biedrs kopš
34 ieraksti
Oct 30, 2020 at 10:50
Biedrs kopš
34 ieraksti
Shelby10 posted:True. For safety of your funds, it is wise to go with regulated ones.
New traders should pick a regulated broker for them. Wrong brokers can put them in a great danger.
Biedrs kopš
318 ieraksti
Oct 30, 2020 at 11:07
Biedrs kopš
318 ieraksti
Besides a regulated broker, a trader should choose the best strategy to make profit from the market.
Biedrs kopš
54 ieraksti
Oct 31, 2020 at 10:00
Biedrs kopš
54 ieraksti
for a new trader the first priority should be the knowledge about trading and the practical learning.
Biedrs kopš
36 ieraksti
Nov 02, 2020 at 06:46
Biedrs kopš
36 ieraksti
I believe for a newbie, the most prior thing is to work on enhancing their knowledge. Knowledge and learning are like the lifeblood of any beginner in forex.
Biedrs kopš
341 ieraksti
Nov 02, 2020 at 11:38
Biedrs kopš
341 ieraksti
Every new trader should be very serious about their trading. They should make a good and solid trading plan to make profit from this market.
Biedrs kopš
70 ieraksti
Nov 03, 2020 at 06:54
Biedrs kopš
70 ieraksti
ElliotCooke posted:Yes! If they want to make a profit, then they should really take their forex trading very serious.
Every new trader should be very serious about their trading. They should make a good and solid trading plan to make profit from this market.
Biedrs kopš
42 ieraksti
Nov 03, 2020 at 07:10
Biedrs kopš
42 ieraksti
ddarko3 posted:ElliotCooke posted:Yes! If they want to make a profit, then they should really take their forex trading very serious.
Every new trader should be very serious about their trading. They should make a good and solid trading plan to make profit from this market.
Correct. Forex is no quick way to get substantially rich. We have to work hard for it.
Biedrs kopš
785 ieraksti
Nov 03, 2020 at 07:39
Biedrs kopš
785 ieraksti
sounds really good that you are willing to learn , actually there is no way to stop learning from there even after passing a long time in there. good luck to you.
Biedrs kopš
22 ieraksti
Nov 03, 2020 at 12:22
Biedrs kopš
22 ieraksti
Imamul posted:
sounds really good that you are willing to learn , actually there is no way to stop learning from there even after passing a long time in there. good luck to you.
Very true, success wont come until we learn.
Biedrs kopš
718 ieraksti
Nov 03, 2020 at 13:22
Biedrs kopš
718 ieraksti
newcomers should choose the broker which is more appropriate to the concept of trading that will be used , if love doing scalping should choose the broker which allows trading concept such as this.
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