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New in forex trading

mlawson71
Feb 26 2018 at 14:44
1487 príspevkov
Imamul posted:
Success in Forex market can be easy just if you can keep a great patience for a long time. only patience is the key to success in Forex.


If it requires such an effort can it be labelled 'easy'?

Imamul
Mar 01 2018 at 13:19
615 príspevkov
for newbies demo trading service is available here and there! So, you can start your demo from anywhere! But try to use transparent Forex brokers! Then you can start your live trading with the same broker! But I would suggest to use multiple demo accounts for standard judgement! Happy learning!
 

Indorder
Mar 02 2018 at 09:37
13 príspevkov
Multi demo accounts is a good idea but I often find that a broker live account is very different from the demo account

Imamul
Mar 11 2018 at 06:58
615 príspevkov
A healthy trading investment is good for trading! But trading with low trading capital is not impossible actually! For a good skilled Forex trader everything is possible here! Even, investing money without proper knowledge is always risky! By the way, I started my live trading with 1K only.

Mohammadi
Mar 14 2018 at 12:12
886 príspevkov
Well, Forex trading business is the most standard way of money making! It’s not easy actually! So, you are not sure about your success please don’t take this profession as your full time job! Start your trading as a part time trader, then move here according to your live trading performances! If you get regular income then surely you can stay here as like others newbie!

Tiffany (TiffanyK)
Jul 06 2018 at 07:47
427 príspevkov
Indorder posted:
Multi demo accounts is a good idea but I often find that a broker live account is very different from the demo account


If there are such brokers, trading on a Demo account before going Live becomes absolutely pointless. That's so misleading.There should be a regulation for this .

Accept the loss as experience
Professional4X
Jul 06 2018 at 22:42
1189 príspevkov
wleverts posted:
I am in Africa. completely new in forex trading. infact I know nothing on forex trading. I have been reading about automated softwares and every software has pretty bad reviews. any advices? I really wanna do this but I need an experts hand


My advice is not to trade. You've already said you know nothing of Forex. That alone is enough reason for you to not be trading.

If however you are looking to invest some capital and are looking to get a reasonable return on your investment, then you should look into professional investment services with a reputable company that will provide you a dedicated account manager who will oversee your accounts for your.

A reasonable expectation from a professional account manager for your investments, using a low risk investment strategy to protect your investments, would be a return on your investments of around 5% to 10%. A slightly more aggressive investment manager would probably return around 10% to 25%, but again, there is higher risk.


If it looks too good to be true, it's probably a scam! Let the buyer beware.
emily_smith
Jul 08 2018 at 06:44
22 príspevkov
Professional4X posted:
wleverts posted:
I am in Africa. completely new in forex trading. infact I know nothing on forex trading. I have been reading about automated softwares and every software has pretty bad reviews. any advices? I really wanna do this but I need an experts hand


My advice is not to trade. You've already said you know nothing of Forex. That alone is enough reason for you to not be trading.



Perfect advice!
If you don't have any knowledge about Forex than please stay away from it.

Adribaasmet
Jul 08 2018 at 11:34
947 príspevkov
emily_smith posted:
Professional4X posted:
wleverts posted:
I am in Africa. completely new in forex trading. infact I know nothing on forex trading. I have been reading about automated softwares and every software has pretty bad reviews. any advices? I really wanna do this but I need an experts hand


My advice is not to trade. You've already said you know nothing of Forex. That alone is enough reason for you to not be trading.



Perfect advice!
If you don't have any knowledge about Forex than please stay away from it.


Exactly, there is no manual way without knowledge! But I see, many investors are using advance automatic services to make money here.

Professional4X
Jul 08 2018 at 20:21
1189 príspevkov
Adribaasmet posted:
Exactly, there is no manual way without knowledge! But I see, many investors are using advance automatic services to make money here.


There are numerous systems which work great under very specific conditions over the short term such as a few days or weeks., but eventually they all stop making money reliably. Otherwise everyone that invests would be wealthy. How many new traders do you actually know that are millionaires because of some EA advertised as 'The Ultimate Holy Grail Trading System for $19.95!!! For a limited time!'

To really make a substantial return on the investment, automated systems have to show a consistent rate of return regardless of the market conditions. Such systems do exist, but they're most certainly not available to the general public.


If it looks too good to be true, it's probably a scam! Let the buyer beware.
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