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I am a newbie. I need an advice.

SergejsBure
Feb 19 at 07:58
3 príspevkov
Hello everybody!

How many chances do I have to earn money on Forex market?
I am a newbie. I have only negative experience, lose $800 in 2007 by trading manually. I have made only two trades to lose.
Nowadays I have interest in automated trading robots. Is it worth to try Forex again? Could you share your story of success? Or everybody lose money in trading?
I have already asked in Russian-speaking forum, but got no answer, only some replies with paid trading courses.

Sincerely yours,
Sergey
Phillischeng
Feb 20 at 03:36
3 príspevkov
You should start by asking yourself how much are you willing to lose and what do you want from trading?

Yes EA is a good way of trading when this is only a part time investment for you. But even with EA, it's better if you know about some knowledge.
Erse_Smith
Mar 02 at 10:03
11 príspevkov
Hi everyone, I am also a newbie here. Any kind of trading advice is welcome from my side.
leo23
Mar 02 at 10:22
830 príspevkov
It is important to note that around 95% of traders in the world loose money consistently and only 5% of the traders gain money. I have around 15 to 20 years experience in trading by now and so I am summarizing 3 golden rules of forex success.

3 Rules of Forex:
***************
1.Keep realistic expectations in terms of profit gain from your trading system. If you have set a unrealistic target in terms of monthly % return and drawdown %, then you may continue to loose for ever even while using the best EA or trading system of the world.
2.Try to use a semi-automated kind of system or EA from which you can learn while it is trading for you. Full automated EAs may or may not work always since markets keep changing everyday and automated EAs will keep the emotions out of trading.
3. Never spend or invest money in forex which you can't afford to loose. Money spent in forex is equal to money lost. Approaching with this mind set will free you from manipulating profitable trading systems.

There can be many other things you need to focus to actually start making profit, but if you forget any of the above 3 rules, then you will ultimately loose year after year.
Artificial General Intelligence
niceGLer
Mar 02 at 10:41
171 príspevkov
Eric (Goldbarrel)
Mar 03 at 13:40
42 príspevkov
One of the ways to learn all the subtleties of Forex is to analyze the work of professionals, asking them questions.
In my field of activity I communicate with PAMM-managers, who communicate directly with their investors and answer their questions.
Make money with people who know how to make money.
SergejsBure
Mar 05 at 08:11
3 príspevkov
Hello, everyone!

I have traded real account and losses are real money. During a demo trading period I had many success trades and positive account statement. But real trade was a nightmare, loose money in three days. Demo trade experience lasted four years and I have win a traders contest.
Nowadays I do not trade.

Sincerely yours,
Sergey
jisanjipu
Mar 11 at 15:53
54 príspevkov
yes , that school is good and more informative compare to others any site.
electrica333
Mar 28 at 05:37
80 príspevkov
Do lots of practice and learn on demo account before going to live, make sure to keep patience while learning forex.
Tradelist45
Mar 28 at 08:40
327 príspevkov
practice is important in demo , no way to deny but as a beginner that is really difficult to continue.
SergejsBure
Apr 06 at 07:12
3 príspevkov
I have been trading on demo four years. I have won trade’s contest, so I decided to go live account. Nowadays I do not trade.
AdomKutler
Apr 11 at 11:53
51 príspevkov
yes , feel free to ask any question you need to know , hope you will be benefited from this community.
Claire Anderson (Claison)
May 06 at 04:53
20 príspevkov
You need to educate first then start with a demo account and get experience then spent real money. Be careful about it.
Electra0Green
May 06 at 11:10
1 príspevkov
I guess every trader start his career with losing, or at least its what i heard a lot :D. first try to learn your way about different trading style, then come up with a good risk management plan that can revive you when you are losing a lot and then start demo trading, when you strted getting positive balance monthly, then start trading real money.
Claire Anderson (Claison)
May 07 at 04:43
20 príspevkov
Electra0Green posted:
I guess every trader start his career with losing, or at least its what i heard a lot :D. first try to learn your way about different trading style, then come up with a good risk management plan that can revive you when you are losing a lot and then start demo trading, when you strted getting positive balance monthly, then start trading real money.
Disagree! if we educate first and be careful enough it won't bo loss which we start with. we hust need to be patient
Claire Anderson (Claison)
May 17 at 20:26
20 príspevkov
Hey fxbook. Is here fore commercial? because as i saw everybode advertise their job someone say direct message me someone say see my page and go on... It's not good at all
Giovanni Grillo (therealprovider)
May 19 at 08:43
25 príspevkov
Get in touch with me...
Claire Anderson (Claison)
May 19 at 22:44
20 príspevkov
CopyBank posted:
what are you looking for?
Who do you mean? you mean me?
Balibe20
May 20 at 11:19
3 príspevkov
i am a very new in this community , i hope you guys will support me by providing exact suggestion .
Giovanni Grillo (therealprovider)
May 20 at 12:01
25 príspevkov
Ask here any question... and if it is in my knowledge the answer I will try to help with the best suggestion.
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