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When a trader is a newbie

Mar 02, 2021 at 03:59
3,596 Visa
142 Replies
Medlem sedan Jul 19, 2020   298 inlägg
Mar 02, 2021 at 03:59
When a trader is a newbie in Forex , the first thing he or she should be doing to do more of the learning. The beginner traders do not know which road to take in Forex and that is why they are always getting confused, it is better when they take their practicing and learning very serious so that they can learn better.
Medlem sedan Jul 19, 2020   751 inlägg
Mar 02, 2021 at 05:29
Yes, beginner they need to learn and doing more on practice even use demo account, with practice hence will make perfect, we often hear this quotation and this is good to motivated our trading journey, which as trader must more practice on real trading than only from theory.
Medlem sedan Jan 11, 2019   147 inlägg
Mar 02, 2021 at 10:16
Yes learning is most imp while you are a newbie. this is the time when you can make it or break it..
Chelsea Blacks (blackChelsea)
Medlem sedan Jan 22, 2021   125 inlägg
Mar 04, 2021 at 11:22
I think a trader is still a newbie if he has no knowledge of the forex market although he is trading on call and trade. The real trader is the one who is trading on forex with his skills. The tag of newbie can only be removed with experience.
Medlem sedan Oct 05, 2020   21 inlägg
Mar 09, 2021 at 04:27
blackChelsea posted:
I think a trader is still a newbie if he has no knowledge of the forex market although he is trading on call and trade. The real trader is the one who is trading on forex with his skills. The tag of newbie can only be removed with experience.
Yes, a skilled trader will surely benefit from the market and since they know how everything works, they can be at an advantage.
Medlem sedan May 11, 2020   74 inlägg
Mar 10, 2021 at 11:36
Newbie do not have any knowledge when entering into forex market, so it is advisable to start preparing and understanding how forex market and how trading happens.
Medlem sedan Jun 29, 2020   38 inlägg
Mar 10, 2021 at 12:06
blandpatsyy posted:
marktaylor posted:
blackChelsea posted:
I think a trader is still a newbie if he has no knowledge of the forex market although he is trading on call and trade. The real trader is the one who is trading on forex with his skills. The tag of newbie can only be removed with experience.
Yes, a skilled trader will surely benefit from the market and since they know how everything works, they can be at an advantage.
Yes but skills and perfection comes with practice. There is a whole process that a trader goes through, be it from learning the basics to familiarising with different aspects of the market. Like I’ve been stuck on this strategy (range trading) for some time and I’ve been practising on CMC Markets, Avatrade but the improvement is slow. It certainly takes a long time to actually be close to perfection when it comes to trading.
It is good that you decided to stick to a strategy and learn it properly first. Hope you get there soon!
Medlem sedan Jul 23, 2020   759 inlägg
Mar 10, 2021 at 15:09
reggae posted:
Newbie do not have any knowledge when entering into forex market, so it is advisable to start preparing and understanding how forex market and how trading happens.
Right. That’s why most new traders often lose money in the market.
Medlem sedan Jan 11, 2019   147 inlägg
Mar 10, 2021 at 17:51
Michihito posted:
When a trader is a newbie in Forex , the first thing he or she should be doing to do more of the learning. The beginner traders do not know which road to take in Forex and that is why they are always getting confused, it is better when they take their practicing and learning very serious so that they can learn better.
I think beginner should trade on demo account for atleast 6 months
Medlem sedan Jul 19, 2020   788 inlägg
Mar 11, 2021 at 00:31
Yes, new traders must learn about trading. If he can't get an education, he will never be able to succeed by trading.
Medlem sedan Jul 17, 2020   42 inlägg
Mar 11, 2021 at 09:56
Numeromatt posted:
blandpatsyy posted:
marktaylor posted:
blackChelsea posted:
I think a trader is still a newbie if he has no knowledge of the forex market although he is trading on call and trade. The real trader is the one who is trading on forex with his skills. The tag of newbie can only be removed with experience.
Yes, a skilled trader will surely benefit from the market and since they know how everything works, they can be at an advantage.
Yes but skills and perfection comes with practice. There is a whole process that a trader goes through, be it from learning the basics to familiarising with different aspects of the market. Like I’ve been stuck on this strategy (range trading) for some time and I’ve been practising on CMC Markets, Avatrade but the improvement is slow. It certainly takes a long time to actually be close to perfection when it comes to trading.
It is good that you decided to stick to a strategy and learn it properly first. Hope you get there soon!
Thanks mate!
Medlem sedan Nov 03, 2020   3 inlägg
Mar 11, 2021 at 11:57
Beginners might not know where to go and which way to go. They really need to find their own way of making money instead of following someone else.
Medlem sedan Apr 18, 2020   54 inlägg
Mar 11, 2021 at 12:14
When you are a beginner, you do not know where to start, so it is better if you can start gaining knowledge by following some courses (make sure it is free) and learn as much as you can so that you will be able to gain better understanding in future
Sar John (Sarjohn)
Medlem sedan Dec 28, 2020   187 inlägg
Mar 15, 2021 at 10:39
Can you suggest any free courses which are good and understandable. Although I have studied a lot but am not able to make much profit. I want to know where I am going wrong.
Medlem sedan Feb 04, 2021   31 inlägg
Mar 16, 2021 at 11:29
I think that a trader is a newbie until he has gained sufficient knowledge to trade. Forex trading is all based on knowledge and dedication and to make a place in the market, beginners need to spend their enough time on learning.
Medlem sedan Nov 06, 2018   83 inlägg
Mar 16, 2021 at 14:29
Lots of free courses online, including Babypips and YouTube. Practice on demo until you are consistent, and then consider going on a live account.
Medlem sedan Jul 23, 2020   869 inlägg
Mar 16, 2021 at 17:26
TradeHut posted:
I think that a trader is a newbie until he has gained sufficient knowledge to trade. Forex trading is all based on knowledge and dedication and to make a place in the market, beginners need to spend their enough time on learning.
Right. New traders should spend more time to learn the trading properly.
Medlem sedan Jul 19, 2020   298 inlägg
Mar 17, 2021 at 12:03
Knowledge is the primary need for trading. Then you need to know the effective way to use your knowledge. As proverb says, Knowledge becomes weapon when applied effectively.
Medlem sedan Mar 17, 2021   536 inlägg
Mar 17, 2021 at 18:38
Every new trader should practice on a demo account before investing their money in this risky market.
Elena Triston (ele020)
Medlem sedan Apr 15, 2020   219 inlägg
Mar 18, 2021 at 07:05
Numeromatt posted:
blandpatsyy posted:
marktaylor posted:
blackChelsea posted:
I think a trader is still a newbie if he has no knowledge of the forex market although he is trading on call and trade. The real trader is the one who is trading on forex with his skills. The tag of newbie can only be removed with experience.
Yes, a skilled trader will surely benefit from the market and since they know how everything works, they can be at an advantage.
Yes but skills and perfection comes with practice. There is a whole process that a trader goes through, be it from learning the basics to familiarising with different aspects of the market. Like I’ve been stuck on this strategy (range trading) for some time and I’ve been practising on CMC Markets, Avatrade but the improvement is slow. It certainly takes a long time to actually be close to perfection when it comes to trading.
It is good that you decided to stick to a strategy and learn it properly first. Hope you get there soon!
yes,Its always the best thing to practice before investing chunks of capital, its a well defined fact, the more your practice the more you learn and this shouldn't be done in hurry. A newbie must take his time to cultivate his skills
The more your practice, the more you learn.
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