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Lost!!!
in
New Traders
Jan 15 at 16:51
It may be best to leave FX altogether. If you haven't made it by now, you probably never will. Find another hobby
I am a beginner and do not understand anything about Forex and CFDs.
in
New Traders
Jan 15 at 16:50
Stay away from robots until you are more knowledgeable. Focus on learning about FX and how to trade (on demo) first. Don't worry about trying to earn money. The first few months should all be about learning
GBP/JPY
in
New Traders
Jan 16, 2018 at 15:49
Looks like it did! I can only see this pair going up from now on
Importance of demo trading
in
New Traders
Jan 16, 2018 at 15:49
Very well said. I would also like to add that when moving to a live account you should start with 0.01Lot first and ease your way in
EUR/USD
in
New Traders
Jan 16, 2018 at 15:49
I am waiting for a slightly larger pull back before going long
EUR/GBP
in
New Traders
Jan 16, 2018 at 15:49
One big loss means that you risk management is rubbish and your Lot size / stop loss is probably too largeMultiple losses means that your strategy is BS
Best Broker for a Newbie
in
New Traders
Jan 16, 2018 at 15:48
But if you are a newbie getting started the minimum account size is very important.
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