NEW TO TRADING

If you are new to Forex trading, you must have a trading education. Only trading education can bring success in Forex.

LeviSievwright5 posted:
If you are new to Forex trading, you must have a trading education. Only trading education can bring success in Forex.

Agreed, without solid knowledge and skills, a trader stands nowhere in this market.

But we all start from scratch, with no experience or practice, it just takes time and desire.

Time , education and practice are all and everything that you need.

Ansel posted:
Time , education and practice are all and everything that you need.

Agreed! those are definitely important for beginners and not just them, even experienced traders need to keep consistency while learning throughout.

cashonmymind posted:
I'm interested in trading but don't know where to start. Any tips?

Babypips Forexpeacearmy and here my friend

LeviSievwright5 posted:
If you are new to Forex trading, you must have a trading education. Only trading education can bring success in Forex.

True mate id add lots of quality time on demo or a fx simulator to fadt track the screen time

cashonmymind posted:
I'm interested in trading but don't know where to start. Any tips?

Babypips Forexpeacearmy and here my friend

Ansel posted:
Time , education and practice are all and everything that you need.

Agreed its not for everybody it requires lots of discipline no shortcuts

Learning, practice, and self-control and self-development will give good results in general.

As a new trader, I always suggest doing demo practice. However, after doing the demo practice, I will tell him to deposit a little money and trade. It may be that after investing this money up to 500-1000 you will follow Money Management and Risk Management and trade. And always try to maintain discipline.

Quiting is not an option. But at the same time it's the best option if anyone think he is not progessing in terms of learning and skills. Learning from mistakes is the best kind of learning.

Of course, first, you need to acquire trading knowledge. Then you have to trade under a good broker.

success is a big deal in this market place because most of the traders who are particularly beginners always become a loser . so be careful guys when trading into this . good luck 

As a new trader, you need to know both analysis perfectly. Without proper knowledge, it will be quite tough to make money from this market.

Ansel posted:
Time , education and practice are all and everything that you need.

Well, that’s true. You will be required to dedicate a lot of time, educate yourself, and practice as much as you can to prepare yourself well for the market and its conditions. The market is so unpredictable. If you don’t prepare yourself well, you won’t get what you want.

russellgutierrez posted:

Ansel posted:
Time , education and practice are all and everything that you need.

Well, that’s true. You will be required to dedicate a lot of time, educate yourself, and practice as much as you can to prepare yourself well for the market and its conditions. The market is so unpredictable. If you don’t prepare yourself well, you won’t get what you want.

Everyone needs to set realistic goals that can be achieved with the strategy and style you are following. By expecting anything more than you are working for, will only dishearten you in the end.

Mikehussey posted:

russellgutierrez posted:

Ansel posted:
Time , education and practice are all and everything that you need.

Well, that’s true. You will be required to dedicate a lot of time, educate yourself, and practice as much as you can to prepare yourself well for the market and its conditions. The market is so unpredictable. If you don’t prepare yourself well, you won’t get what you want.

Everyone needs to set realistic goals that can be achieved with the strategy and style you are following. By expecting anything more than you are working for, will only dishearten you in the end.

Exactly! I have seen a lot of traders who started forex trading just because everyone else is doing that. These are such traders who lose immensely and then leave forex trading forever. My mentor had already told me the truth of forex trading and so I decided to make small investments in the beginning with XM and Fxview and then increase them with time. It worked fine for me I suppose, as I am still going strong and steady :)

A forex trader can become a successful trader only if they can be patient throughout the process. Forex trading doesn’t get results from the very beginning. You have to keep calm until you become capable of making profits.