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When a trader is a newbie
Membro Desde Aug 27, 2017
994 posts
Apr 12, 2021 at 21:30
Membro Desde Apr 03, 2021
470 posts
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
Membro Desde Mar 17, 2021
536 posts
Apr 14, 2021 at 18:26
Membro Desde Mar 17, 2021
536 posts
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
Membro Desde Jan 22, 2021
125 posts
Membro Desde Aug 17, 2021
9 posts
Dec 06, 2021 at 13:30
Membro Desde Sep 22, 2018
70 posts
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.
Membro Desde Nov 23, 2021
24 posts
Membro Desde Nov 23, 2021
34 posts
Dec 13, 2021 at 05:49
Membro Desde Nov 23, 2021
34 posts
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.
Membro Desde Jul 20, 2020
399 posts
Dec 17, 2021 at 08:10
Membro Desde Jul 20, 2020
399 posts
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
Membro Desde Apr 09, 2019
538 posts
Dec 17, 2021 at 13:44
Membro Desde Apr 09, 2019
538 posts
I agree but most who come in don't want to look at trading like a profession and a degree to get to be proficient in that subject area. They look at it as a gamble, and just as they do with the bookies, they lose.
If you can't spot the liquidity then you are the liquidity.
Dec 18, 2021 at 01:11
Membro Desde Jul 19, 2020
788 posts
CraigMcG2020 posted:Accurate quote, Demo Platform is the artisan of creating successful traders. Where I can be successful if I trade seriously.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
Membro Desde Mar 17, 2021
536 posts
Dec 20, 2021 at 20:01
Membro Desde Jul 19, 2020
788 posts
SteveHanks posted:Well, it is easy to develop a strategy on the demo platform. So I think demo platform is for best trading practice.AliaDare posted:A demo is the best platform to practice and learn forex.
Demo platform and trading practice is required as a new trader. Trading cannot be done without experience.
Dec 21, 2021 at 11:49
Membro Desde Dec 20, 2021
25 posts
Imamul posted:I agree with you, every trader should know the two main strategies which are money management as well as risk management.
the new trader always try to bring more profit by using high leverage , its a very wrong decision , without no money management thats not possible at all to make profit by using high leverage.
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