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johnnathan
Sep 17 2017 at 08:57
9 сообщений
Hi,
As a Newbie You need to start trading with a demo account practice on it and then move to live account with moderate leverage and minimum deposit.

Mohammadi
Sep 17 2017 at 11:14
825 сообщений
The newcomers need a proper guidance to keep survive in this volatile trading place , in order to me I think ForexPaceArmy , EarnForex and Baybypips school can be a great source for the new traders to acquire most powerful analyzing basic knowledge which is very supportive to continue a live trading in a proper way.

Mohammadi
Sep 21 2017 at 14:27
825 сообщений
the First step for newcomers should be used demo trading but I have seen so many traders don’t believe the importance of this trading place at all. so instead of demo trading it would be better to kick off a live account with small balance because of consternation.

Forex Trader (mohideen171)
Sep 22 2017 at 07:11
21 сообщений
hi mohammad. yes you are right. it is important of starting with small or demo account. Even now i am testing with demo account to try my strategy.

Admoni
Sep 24 2017 at 06:44
95 сообщений
The beginners took this market place always as like a casino. And without passing a long time they always try to make profit very rapidly , as a result almost 90% traders are loser from here in particularly the beginners. So it is more appropriate , if the beginners emphasis on learning process before earning.

vontogr (togr)
Sep 25 2017 at 07:18
4862 сообщений
Admoni posted:
The beginners took this market place always as like a casino. And without passing a long time they always try to make profit very rapidly , as a result almost 90% traders are loser from here in particularly the beginners. So it is more appropriate , if the beginners emphasis on learning process before earning.


Exactly they need to practice and trade carefully

Forex Trader (mohideen171)
Sep 26 2017 at 06:22
21 сообщений
Beginners should first emphasis on money management. They should learn to lose little by using stop-loss and develop the confidence to gain more. its an art and habit one has to develop according to their personality.

vontogr (togr)
Sep 26 2017 at 14:26
4862 сообщений
mohideen171 posted:
Beginners should first emphasis on money management. They should learn to lose little by using stop-loss and develop the confidence to gain more. its an art and habit one has to develop according to their personality.


Money management is important

But the most important is to learn entry exit points so the trades are profitable

Forex Trader (mohideen171)
Sep 26 2017 at 14:51
21 сообщений
togr posted:
mohideen171 posted:
Beginners should first emphasis on money management. They should learn to lose little by using stop-loss and develop the confidence to gain more. its an art and habit one has to develop according to their personality.


Money management is important

But the most important is to learn entry exit points so the trades are profitable


Yes entry and exit points are important. But as a new trader they leverage too much and lose money. So first they should know how to safe guard their equity. Then fine tune the entry and exit based on their probability of success rate.

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