Need an advice

Adribaasmet posted:
If new traders only focus on the learning process then the pat will be smooth for sure; otherwise; it will remain sticky! Knowledge is the power!

Yes, I agree with you. Knowledge is the main thing in this risky market.

Roberto21 posted:
The beginner should use demo account minimum for three months, sometimes many brokers organize demo contest with real money prizing. Newcomers can join here. It could be great to acquire real trading exeprince.

Yes. Every newbie should start with a demo account.

balticrain posted:
Yes regulation is essential. A bad broker may not pay up if you start making money.

AyanMohamed posted:

balticrain posted:
Yes regulation is essential. A bad broker may not pay up if you start making money.

I agree with you. A broker is the most important thing in the forex market.

Of course, the broker is smart enough to trade in this area, and if you choose a reliable secure one, then you will be much more fortunate.

When you choose a broker that you trust, you get maximum benefits and results.

Start with a demo account. Don’t rush into real trading.

Both knowledge and practice is needed for doing forex trading. How much practice we do at the initial stage will help to reduce the doubts and dilemmas in the decision making situations of trading.

Choose a broker you can trust, and you'll get the best possible results.

Tremblay posted:

Roberto21 posted:
The beginner should use demo account minimum for three months, sometimes many brokers organize demo contest with real money prizing. Newcomers can join here. It could be great to acquire real trading exeprince.

Yes. Every newbie should start with a demo account.

Yes. A demo is the best place to learn forex.

You shouldn't be scared of starting your trading activity with new broker. I personally believe that traders must have lots of brokers, I mean as an experience of course, because the more brokers you try the more chances to understand the whole trading industry you have in short times. Some traders think that it's better to stay with one broker for a very long time, nevertheless I prefer not to approve such statements. Trading is all about experience and new impressions. You can change brokers whatever you want and thi si awesome. Finally, of course you should choose the only one, when you will know everything about brokers.

Guess that it's okay to start off with a new broker, however you have to be convinced in its reliability. If I were you, I wouldn't deposit my money to this broker until I would be convinced that it wouldn't turned out to be a scammer. Of course, it may take plenty of time to you, until you will be convinced, however it's almost the only way to continue trading with this broker, if you want so.
Indubitably, that you might choose another broker, but if you really liked the conditions which rae provided by this one, then you have to be pretty patient. Actually, trading always implies patience and consciousness.

its a very good reply with so many good information. thasnks

It is very convenient when there is an opportunity to get help from colleagues, and this help will be useful for a trader.

Use the broker reviews sections here .
They have detailed reviews on literally every broker you can think off !

You are losing consistently means there is something wrong with your trading approach where you have to work on. And now you have to work hard on your mistakes.

forexstudio1 posted:
Choose a broker you can trust, and you'll get the best possible results.

This is of course correct, but finding a broker you can trust is also not an easy task.

Hey! I'm new to trading. With the help of this community and all of your suggestions, I hope to learn more and more about the fundamentals of trading.

Hey! I need advise in the area of choosing which currency pairs I should go with. I did my research and got to know major currency pair works well is that so?