When a trader is a newbie
Členom od May 13, 2022
23 príspevkov
May 27, 2022 at 05:00
We should not forget that all the professional traders were once new traders. They decided not to give up and explore the market properly to make the most of the market movements. If you are zealous, nothing can stop you from making profits.
Členom od Jun 10, 2022
26 príspevkov
Jun 20, 2022 at 07:17
It is possible to earn but the current Bear market in Crypto and Global economy is making it hard to build up quite a profit.
Členom od Jun 03, 2022
17 príspevkov
Jun 22, 2022 at 07:19
When a trader is just starting out. First and foremost, he must broaden and deepen his knowledge of the market. Newcomers must invest their time and energy in learning and improving themselves.
Členom od Jun 02, 2022
24 príspevkov
Jun 24, 2022 at 06:05
We all start as newbies with no idea about what forex trading is and how we can make money with it. But it’s a problem when we keep the newbie’s mindset and don’t take responsibility for our trades. It is easy to blame the market but it takes a big heart to become capable of accepting your mistakes and improving them.
Členom od Jun 03, 2022
26 príspevkov
Jun 27, 2022 at 06:27
As a newbie, fully focus on the learning part and don’t be greedy. Do not think about money in the initial stage of your trading career and fully focus on learning skills, gaining knowledge, and taking experience. Once you know the basics, you can move into a demo trading account to gain practical knowledge and to understand the market in a better way.
Členom od Jun 26, 2020
327 príspevkov
Jul 02, 2022 at 03:50
knowledge is important , no way to ignore but besides this should focus on practice session. otherwise trading life could be dangerous.
Členom od Jan 10, 2022
40 príspevkov
Jul 05, 2022 at 04:58
Many new traders attempt to increase profits by using high leverage which is a highly risky option. It can lead to heavy losses without proper knowledge and skills. Beginners should prefer using optimum leverage and not risk more.
Členom od Jun 28, 2022
24 príspevkov
Jul 06, 2022 at 07:34
A newbie should focus on gaining knowledge, carefully analysing the market and using strategies such as Risk and Money Management to avoid the risk.
Členom od Jun 02, 2022
23 príspevkov
Jul 08, 2022 at 05:21
Yes, that’s true! Most people do not understand the importance of learning and hard work. They do not take forex seriously, and then they lose. Newbies need to learn that there is no easy road to riches, and forex is no different. Forex, like any other financial area, requires much hard work and learning before one starts becoming successful.
Členom od Jun 02, 2022
32 príspevkov
Jul 26, 2022 at 05:28
As a newbie, your prime focus should be on learning each and everything about the market. You can win only by understanding the market.
Členom od Apr 04, 2022
25 príspevkov
Sep 01, 2022 at 06:24
sebking1986 posted:I can not agree more! A newbie should focus on learning and develop skills for trading profitably. He must consider practicing on the demo account.
Learning should be priority number one but also consideration of the limitations on them that will help guide them as to which type of trader they might be. What time constraints do you have? Are you a nervous person etc.
Členom od Aug 17, 2022
45 príspevkov
Sep 02, 2022 at 12:37
In my opinion, as a newbie, you should begin trading on a demo account first and then from there, you will be able to gain some experience while trading.
Členom od Jun 26, 2020
327 príspevkov
Sep 03, 2022 at 05:03
demo is important , no way to avoid but the main problem is when we try to practically we cant focus on there.
Členom od Jun 12, 2021
132 príspevkov
Sep 04, 2022 at 12:39
the new Forex trader always try to bring good amount of profit with no learning . this is a very common mistake.
Členom od Feb 15, 2022
219 príspevkov
Sep 05, 2022 at 05:52
Don’t run after money rather try to think about every single aspect of the market. It will give you broad knowledge of the market but this attempt is absent among traders.
Členom od Aug 17, 2022
80 príspevkov
Sep 07, 2022 at 12:01
When you’re a newbie in trading one should keep in mind:
1.Learn the basics on demo trading account.
2.To always be a learner.
3.Taking risks which one can afford.
4.Use low capital initially to begin with.
5.Have a trade checklist.
6.Avoid shortcuts.
7.Review your trades.
1.Learn the basics on demo trading account.
2.To always be a learner.
3.Taking risks which one can afford.
4.Use low capital initially to begin with.
5.Have a trade checklist.
6.Avoid shortcuts.
7.Review your trades.
Členom od Sep 14, 2022
40 príspevkov
Sep 15, 2022 at 09:47
As a newbie I feel having some amount of knowledge before we actually start trading is really crucial because that is gonna be our base for the rest of our trading career and also if one wants to get early into trading then you can join similar courses like trading based monthly batches which are available on internet, they will really be a great help.
Členom od Sep 15, 2022
36 príspevkov
Sep 21, 2022 at 11:56
(upravené Sep 21, 2022 at 11:56)
Newbies should learn to analyze the charts for better understanding of the market movements.
Členom od Apr 03, 2021
470 príspevkov
Sep 21, 2022 at 23:42
No matter a newbie, all professional traders also come from newbie. Just like in school, there are classes education stage, and to reach the next stage of class we need to pass the education test.
Členom od Aug 15, 2022
7 príspevkov
Sep 22, 2022 at 06:31
Stop loss is the single best thing in FX trading. Without stop loss you will get lost. Just make sure stop loss is sensible. Don't use a thousand pip stop loss and think that you are safe
