Dec 31 2020 at 13:15
For newbie long term trading is good as it helps to develop trading psychology. And for long term H4 and D1 time frames are good. But above all, the best is what works for you. What works for me may not work for you. By study and experiment you have to find out what you understand the most and what works for you.
Jan 11 at 07:15
Before making any investments, a newbie needs to understand his requirements. They must practice as much as they can on their demo account and then, plan what they really want to do.
Jan 21 at 09:46
Yes, working and developing a trading psychology really helps a trader for long term growth. It is also important to have the right trading mindset.
Jan 21 at 10:40
You just need to set yourself up for trading and set priorities for yourself.
Feb 06 at 11:48
Duktilar posted:
You just need to set yourself up for trading and set priorities for yourself.
I guess a newbie should first learn at least the basics of trading. There is no point of trading without any prior knowledge.
Feb 07 at 12:16
Of course, you are right, there is no point and logic in trading, I have no idea about anything.
Feb 08 at 05:34
Raywilkins665 posted:Duktilar posted:
You just need to set yourself up for trading and set priorities for yourself.
I guess a newbie should first learn at least the basics of trading. There is no point of trading without any prior knowledge.
Yes. Also, a new trader needs to understand that you won’t be getting profits as soon as you start trading. You have to keep yourself prepared for the losses too though they can be covered up later.
Feb 08 at 05:57
Raywilkins665 posted:
I guess a newbie should first learn at least the basics of trading. There is no point of trading without any prior knowledge.
NO doubts about it, learning is the first step in any field, including forex. If one has little or no knowledge, then there is hardly any chance of achieving success.
Feb 08 at 11:03
ramirokeller posted:Raywilkins665 posted:Duktilar posted:
You just need to set yourself up for trading and set priorities for yourself.
I guess a newbie should first learn at least the basics of trading. There is no point of trading without any prior knowledge.
Yes. Also, a new trader needs to understand that you won’t be getting profits as soon as you start trading. You have to keep yourself prepared for the losses too though they can be covered up later.
I too had this thing in mind that I’ll be facing loss at the start but thankfully it was not that much. Maybe partially also because of low cost brokers like fxview and XM that I used. I have always researched before trading in anything and double checked before taking any decision. If a beginner will keep these small things in mind, he won’t be facing any problem. Afterall it’s all about being more responsible towards your own money.
Feb 09 at 05:54
Raywilkins665 posted:ramirokeller posted:Raywilkins665 posted:Duktilar posted:
You just need to set yourself up for trading and set priorities for yourself.
I guess a newbie should first learn at least the basics of trading. There is no point of trading without any prior knowledge.
Yes. Also, a new trader needs to understand that you won’t be getting profits as soon as you start trading. You have to keep yourself prepared for the losses too though they can be covered up later.
I too had this thing in mind that I’ll be facing loss at the start but thankfully it was not that much. Maybe partially also because of low cost brokers like fxview and XM that I used. I have always researched before trading in anything and double checked before taking any decision. If a beginner will keep these small things in mind, he won’t be facing any problem. Afterall it’s all about being more responsible towards your own money.
Absolutely. Taking care of these small things results in big profits. If not big, it can still give satisfactory results.
