Professional trading tips for beginners

Oct 02, 2020 at 16:46
Przeglądane 1,988
33 Replies
Uczestnik z Jan 13, 2021   29 postów
Jan 20, 2021 at 19:32
This is a good post for beginners.
Uczestnik z Apr 01, 2020   231 postów
Jan 21, 2021 at 09:49
Thanks a lot for sharing such great and very helpful content.
Uczestnik z May 24, 2020   112 postów
Jan 21, 2021 at 10:15
Indeed, it is very good when they share their experience and knowledge.
Uczestnik z Apr 18, 2017   718 postów
Jan 21, 2021 at 11:45
money and risk management its all about same , i feel most of the time , because we use it to avoid unfortunate risk and losses
Uczestnik z Jul 20, 2020   399 postów
Jan 21, 2021 at 14:57
FedericoLin posted:
1. Leave your emotions behind;
Emotional control is the most essential factor in playing the market. Never lose control of your emotions when the market moves against you. Don’t get too confident over your wins or too despondent over your losses

2. Never follow the crowd;
 Be fearful when others are greedy, be greedy when others are fearful”

Oftentimes market hype is brought about by the media creating buzz around some financial news that were not yet thoroughly analyzed. At these moments, it is very hard not to jump on the bandwagon of overexcited traders and start buying stocks that everyone is talking about.
Later, when it turns out that this was nothing but a hype, you don't want to be one of those traders who are struggling with selling the stocks for close to nothing when the hype is over. The best example to illustrate Buffett's quote would be the notorious Dotcom crash that left countless number of traders with devalued stocks.

3. Trading is not only about graphs

Everyone would agree that investing involves much more than simply buying some stocks. Indeed, by entering the world of trading we involuntary delve into politics, economy, ecology and financial markets, learning more about what is going on in the world than we would ever expect.
But the trick is that it works the other way around just as well: the more you know about the world, the better you invest. That's why when you are thinking about making a new investment into a company, try to analyze their business as thorough as you can. The time you invest in this step will pay off later.
When analyzing a graph, never neglect the news section that goes together with it. Lots of important information can be hidden there.

Guys pay attention to the news 😄

Really nice read, thank you
Uczestnik z Jan 22, 2021   125 postów
Jan 25, 2021 at 12:09
I will recommend some of the points:
1. never copy someone’s trading style
2. keep patience while starting, Rome was not built in a day
3. keep yourself updated with the current market trends
4. gain knowledge by reviewing educational content about forex from the internet
5. do your SWOT analysis, where do you stand before the market and then go ahead.
Uczestnik z Oct 20, 2018   300 postów
Jan 26, 2021 at 20:41
And one from me: Never risk what you can`t afford to lose.
Uczestnik z Dec 24, 2020   16 postów
Feb 19, 2021 at 11:34
You have made a very good and informative list of things that every beginner must keep in mind before trading. Thank you for sharing.
Uczestnik z Jul 23, 2020   869 postów
May 03, 2021 at 21:13
Don’t trade with other traders’ suggestions. Use your own judgment.
Uczestnik z Mar 16, 2021   477 postów
May 04, 2021 at 00:56
Indeed, it is not possible to gain trading profit without giving up emotion. Emotional trading can ruin an investment.
Uczestnik z Mar 28, 2021   617 postów
May 04, 2021 at 12:32
I would suggest to every newbie that focus on developing analysis skills, psychological skills. Don't focus on earning from the beginning. Without skills and experience it's not possible to make consistent money.
Uczestnik z Apr 15, 2020   219 postów
May 06, 2021 at 10:40
Akasuki posted:
I would suggest to every newbie that focus on developing analysis skills, psychological skills. Don't focus on earning from the beginning. Without skills and experience it's not possible to make consistent money.
Perfect tip... Earning money in forex only comes after a trader has gained enough experience and skills
The more your practice, the more you learn.
Uczestnik z Jun 16, 2021   15 postów
Jun 16, 2021 at 13:13
Try to be patient and you will start seeing a profitable system. Working on a new strategy will help you too.
Uczestnik z Aug 05, 2021   401 postów
Sep 08, 2021 at 02:04
You made a few good points, although I’d also point out the need to avoid scams and to practice proper risk management.
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