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newcomers trading habit
Medlem sedan Jul 20, 2020
341 inlägg
Oct 21, 2020 at 11:34
Medlem sedan Jul 20, 2020
341 inlägg
If you are new in this market, you should be very careful. You have to make a good plan to make money from this risky market.
Medlem sedan Oct 08, 2020
29 inlägg
Nov 05, 2020 at 07:55
Medlem sedan Oct 08, 2020
29 inlägg
You must have the required knowledge and other relevant information about Forex. Working on your risk management strategies will help you a lot in the short and long run. A good mindset for trading is also important.
Nov 06, 2020 at 06:26
Medlem sedan Nov 02, 2020
36 inlägg
Controlling your emotions is necessary too.
Medlem sedan Apr 15, 2020
219 inlägg
Nov 07, 2020 at 08:11
Medlem sedan Apr 15, 2020
219 inlägg
Emma93 posted:
What are the best strategies for new comers?
for new comer's fundamental analysis is the best way to begin. Identify the over all trend of your favourite instrument, track the market thoroughly and check news. Next is to ascertain the risk percentage. never open a trade without stop loss.
The more your practice, the more you learn.
Nov 07, 2020 at 09:13
Medlem sedan Nov 03, 2020
70 inlägg
Tiffany07 posted:That's the most important in my opinion.
Controlling your emotions is necessary too.
Nov 08, 2020 at 11:37
Medlem sedan Sep 07, 2017
13 inlägg
It is best to get into habit of money management on a demo account so that it is second nature when move to live account
Medlem sedan Jul 20, 2020
341 inlägg
Dec 21, 2020 at 21:31
Medlem sedan Jul 20, 2020
341 inlägg
Most traders lose their money because of their low knowledge. Every new trade should gather all kinds of knowledge before starting their trading career.
Medlem sedan Jan 11, 2019
147 inlägg
Jan 13, 2021 at 10:18
Medlem sedan Jan 11, 2019
147 inlägg
As a newcomer, it is important to understand the basics of forex.
Medlem sedan Dec 28, 2020
187 inlägg
Feb 01, 2021 at 08:45
Medlem sedan Dec 28, 2020
187 inlägg
For a newcomer it is important to gather all knowledge about Forex first and then practice trade on demo accounts before going for a live account.
Medlem sedan Nov 19, 2020
104 inlägg
Feb 02, 2021 at 11:37
Medlem sedan Nov 19, 2020
104 inlägg
Sarjohn posted:Any specific time for which one should demo trade? I think it varies from trader to trader, isn't it?
For a newcomer it is important to gather all knowledge about Forex first and then practice trade on demo accounts before going for a live account.
Feb 05, 2021 at 08:30
Medlem sedan Nov 26, 2020
30 inlägg
You are right, this is all individual, but roughly they offer, I recommend trading for about 2 - 3 months on a demo account.
Feb 09, 2021 at 08:17
Medlem sedan Feb 04, 2021
31 inlägg
Newcomers should have sufficient knowledge of Forex and the most important factor required is patience.
Feb 25, 2021 at 11:56
Medlem sedan Nov 06, 2020
24 inlägg
Yeah and even entering and exiting the trade at the right moment is something that requires a lot of patience. Waiting for the right trade opportunities is something that traders find difficult. This is the reason why practicing demo account trading is suggested. There are reliable brokers out there like xm and fxview with good platforms. See if these suit you and invest some time instead of wasting your money.
Feb 26, 2021 at 12:11
Medlem sedan Nov 06, 2020
24 inlägg
PercymcDonnell54 posted:See now that’s the idea, you needn’t rush into bad currency trades. If they don’t come up in that particular session, there’s always next. It’ll be worth the wait and patience.
Explain something to me here. Sitting in the chair and watching the market move while I wait “patiently”, how will it reap me any profits when I’ll be missing out on trading opportunities?
Medlem sedan Dec 28, 2020
187 inlägg
Mar 08, 2021 at 11:00
Medlem sedan Dec 28, 2020
187 inlägg
Joz8 posted:Yes it totally depends upon the trader i traded almost 5 months on a demo account before going to a live account.Sarjohn posted:Any specific time for which one should demo trade? I think it varies from trader to trader, isn't it?
For a newcomer it is important to gather all knowledge about Forex first and then practice trade on demo accounts before going for a live account.
Mar 10, 2021 at 11:38
Medlem sedan Nov 16, 2020
55 inlägg
I completely agree with mine, the sooner we learn to control our emotions and stop being greedy, the faster we can learn to trade correctly.
Medlem sedan Mar 17, 2021
536 inlägg
Apr 01, 2021 at 13:26
Medlem sedan Mar 17, 2021
536 inlägg
baytonhinity posted:Yes. Greed is the most dangerous thing in the forex market.
Every trader should try to stay far away from any greed or emotion if they are planning to trade well.
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