When a trader is a newbie
Uczestnik z Mar 15, 2021
17 postów
Mar 18, 2021 at 12:30
Every trader committed errors in trading. Most common error is they take impulsive decision to open a trade. They don't follow any rules. They don't have any risk management policy. The main problem is they don't study about market and trading. They try to copy some strategy.
Uczestnik z Oct 07, 2020
104 postów
Mar 19, 2021 at 04:36
Michihito posted:Just go with the demo account and rest will follow
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.
Uczestnik z Dec 17, 2020
15 postów
Mar 24, 2021 at 10:38
Yes, learning should be the first and the last step in trading and a newbie should focus on that.
Uczestnik z Aug 11, 2017
886 postów
Apr 08, 2021 at 05:32
new Forex trader always try to bring profit with no learning , its totally a wrong mentality. without learning there is no way of earning.
Uczestnik z Feb 23, 2021
330 postów
Apr 11, 2021 at 17:20
Mohammadi posted:Yes. that is the main problem of most of the new traders.
new Forex trader always try to bring profit with no learning , its totally a wrong mentality. without learning there is no way of earning.
Uczestnik z Aug 27, 2017
994 postów
Apr 12, 2021 at 08:42
when i was new in trading i was profitable in the demo but when start live trading result was completely different. actually we see lots of difference between demo and live
Uczestnik z Mar 28, 2021
617 postów
Apr 12, 2021 at 13:06
A newbie should not think that for success in trading, it doesn't require much study and experience. Trading does require extensive knowledge and skills. And a newbie should work keeping that in mind.
Uczestnik z Apr 03, 2021
470 postów
Apr 12, 2021 at 21:30
All trader came from newbie stage, although any trader they start to learn forex in the same time, but the achievement of trading result will different, there is a trader that has better speed in the learning process, but there is a trader with low speed in the learning process. as newbie use micro account is safer than standard account
Uczestnik z Mar 17, 2021
536 postów
Apr 14, 2021 at 18:26
FXOday posted:Every newbie should start with a demo account.
All trader came from newbie stage, although any trader they start to learn forex in the same time, but the achievement of trading result will different, there is a trader that has better speed in the learning process, but there is a trader with low speed in the learning process. as newbie use micro account is safer than standard account
Uczestnik z Mar 28, 2021
617 postów
Dec 06, 2021 at 09:47
A newbie should focus on learning. Usually what happens new people don't want to spend time in learning. They come with a perception that making money in forex is easy.
Uczestnik z Jan 22, 2021
125 postów
Dec 06, 2021 at 11:08
A newbie should start learning on demo with small lots, small lots teaches us the patience.
Uczestnik z Aug 17, 2021
9 postów
Dec 06, 2021 at 12:46
Newbie should also understand how long the journey could be. Becoming profitable can take years not weeks
Dec 06, 2021 at 13:30
Michihito posted:Agree don’t rush into it and do plenty of research
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.
Uczestnik z Nov 23, 2021
24 postów
Dec 09, 2021 at 06:15
Beginners should start by demo trading. This is where you trade with virtual money to get a feel for the market without risking any of your own funds. You can find demo trading accounts at your broker's website.
Uczestnik z Nov 23, 2021
34 postów
Dec 13, 2021 at 05:49
A trader should first fully understand the forex market and what it can give and what you should expect. Do not approach the market with some silly expectations. Your earning gets better with time if your skills are on the track. New traders shouldn’t rush and allot time to learning from genuine resources, such as Babypips. After the basics, starting with demo trading is reasonable. If a new trader can build consistency on demo trading, then he is ready to trade live with small risks.
Uczestnik z Jul 19, 2020
788 postów
Dec 16, 2021 at 14:04
Demo platform and trading practice is required as a new trader. Trading cannot be done without experience.
Uczestnik z Jul 20, 2020
399 postów
Dec 17, 2021 at 08:10
AliaDare posted:
Demo platform and trading practice is required as a new trader. Trading cannot be done without experience.
It is so key to do this like doctors practice for months on cadavers and when they make a mistake they correct the technique they dont just hop into surgery and learn whilst performing
