Newbie looking for guidance and support
Uczestnik z Jul 19, 2020
318 postów
Nov 30, 2020 at 11:30
Every new trader should learn all the basics of forex before entering into this risky market. Without knowledge, they can not survive in the market.
Uczestnik z Feb 23, 2021
330 postów
Mar 15, 2021 at 18:43
Money management is very important in forex trading. You should have clear idea of how much risk you are taking. You also need to have idea of your trade winning percentage. Otherwise trading is just like gambling.
Uczestnik z Mar 15, 2021
17 postów
Mar 15, 2021 at 19:28
It looks simple but in practical it's not that simple. Even a trader with good strategy can not make consistent profit because of psychological barriers. So it needs time to achieve discipline.
Elena Triston (ele020)
Uczestnik z Apr 15, 2020
219 postów
Mar 16, 2021 at 09:53
(edytowane Mar 16, 2021 at 09:54)
mawao123 posted:You shouldn't be following any signal until and unless you have enough basic knowledge regarding the market, fundamental and technical analysis. Its better to spare some time on learning the key concepts of trading analysis.
Hello,
i am just starting out doing a few practice runs on a demo account and learning through you tube.
Could any suggest further information and resources? Is it possible to get a coach and if so where should i look? Could paid signals be worth while?
Thank youi
The more your practice, the more you learn.
Uczestnik z Feb 23, 2021
330 postów
Mar 18, 2021 at 11:32
ele020 posted:Following signals is a bad idea if you want to really learn the art of trading. Signals will make you more unstable as a trader. For trading psychology plays an important role. Subscribing to this kind of service while you are learning may harm you. Better to learn first and trade of your own. Hope it helps you. P.S Such signal service doest existmawao123 posted:You shouldn't be following any signal until and unless you have enough basic knowledge regarding the market, fundamental and technical analysis. Its better to spare some time on learning the key concepts of trading analysis.
Hello,
i am just starting out doing a few practice runs on a demo account and learning through you tube.
Could any suggest further information and resources? Is it possible to get a coach and if so where should i look? Could paid signals be worth while?
Thank youi
Uczestnik z Mar 17, 2021
536 postów
Mar 19, 2021 at 06:47
Profit is important. However, new traders should focus on learning rather than making more profit.
Uczestnik z Mar 29, 2021
9 postów
Mar 29, 2021 at 12:33
WaltonCharles posted:
Demo account is the best place to learn. You can test your knowledge in trading for free.
I support that. demo is king for learning
Mar 29, 2021 at 13:52
Trading on demo accounts can teach you the mechanics of entering and managing trades, but imho you can't learn money management with a demo account. That requires handling real (and sometimes losing) real money.
ABS - Always Be Scanning!
Uczestnik z Feb 23, 2021
330 postów
Mar 31, 2021 at 15:32
WaltonCharles posted:I completely agree with you. Without a demo account it will be quite difficult to learn forex.
Demo account is the best place to learn. You can test your knowledge in trading for free.
Uczestnik z Jan 08, 2021
12 postów
Apr 06, 2021 at 09:55
No matter who you choose to be your guide or mentor in forex, try to be careful and try not to trust just anyone out there.
Uczestnik z Jul 23, 2020
759 postów
Apr 06, 2021 at 18:00
Practice demo first. Don’t invest money or real trading without proper knowledge.
Uczestnik z Jul 23, 2020
869 postów
Apr 07, 2021 at 15:57
Try to trade for a while in the demo and learn the proper way of trading.
Uczestnik z Feb 23, 2021
330 postów
Apr 15, 2021 at 08:53
WaltonCharles posted:Yes. a demo can help a trader to practice and learn many new things.
Demo account is the best place to learn. You can test your knowledge in trading for free.
Apr 15, 2021 at 09:46
I think it's important to Invest real money from the start.losing small and large amounts will help you train your mindset. even with the best strategy you will lose money in fx at some stage, make sure you have already been through it a few times before it comes
Uczestnik z Apr 13, 2021
12 postów
Apr 20, 2021 at 10:30
That is great and you can also take a few courses and learn it from the scratch. Good luck to you.
Elena Triston (ele020)
Uczestnik z Apr 15, 2020
219 postów
Apr 26, 2021 at 04:23
WOTMAN_ posted:I believe till the time you are working on basics,, there is no need to invest capital...
I think it's important to Invest real money from the start.losing small and large amounts will help you train your mindset. even with the best strategy you will lose money in fx at some stage, make sure you have already been through it a few times before it comes
The more your practice, the more you learn.
Uczestnik z Mar 17, 2021
536 postów
May 29, 2021 at 17:23
martyandrews posted:Without proper learning, A trader can face a great loss.
That is great and you can also take a few courses and learn it from the scratch. Good luck to you.
Jul 02, 2021 at 08:03
Just to give everyone an update. Since i posted this question almost a year ago i have tried several methods but havs settled for price action. Very little use of indicators if i am honest.
Each person will discover their own style when they get into it. Both have merits i guess.
I am on my way to a funded account now.
Thank you.
Each person will discover their own style when they get into it. Both have merits i guess.
I am on my way to a funded account now.
Thank you.
Uczestnik z Feb 23, 2021
330 postów
Jul 02, 2021 at 11:58
mawao123 posted:Yes. You are right.
Just to give everyone an update. Since i posted this question almost a year ago i have tried several methods but havs settled for price action. Very little use of indicators if i am honest.
Each person will discover their own style when they get into it. Both have merits i guess.
I am on my way to a funded account now.
Thank you.
