Suggestion for newbie

[Faal]

emotions is traders cant stop completely, because its a common human nature . but by means of real discipline we can controlled.

 

[Fx Master]

no emotions and no real money , but of course the demo is mainly
considered as a best place for a knowledgeable trader.

 

[Jb_77]

Newbies must take the learning part seriously. If research and learning is good, chances of success are high.
Also, one you get into live trading, try to keep emotions out of play, very imp!

 

[Andrew McCalam]

study is a great thing that is really tough to continue , just need a long term patience with cool mind.

 

[Fx Master]

honestly speaking , i trade most of the time in demo ,
but the knowledge i have gained i fail to use that when trade in a real account.

 

[Andrew McCalam]

right now u m on a demo ,trying to be experienced about price action. really best place to become a good trader very rapidly.

 

[Gito Dinev]

Always use demo account first to test and practice trading. Then go for small investment. If you feel confident by then go for big investment.

 

[Adrienrad]

What a newbie should do first and before anything else is learn and nothing more. THey should not even buse a demo account in the beginning THey should learn first and understand what forex is alla botu and all these concepts in it. THey should take it like a course in the university because i is almost like a course because you can't do forex if you do not know anything about it. You cannot also do ofrex is you know very little about it. You need to know a lot of things and that is the only way that you can be successful because forex does not accept poor grades. Poor grades means loses for you and you don't want that. Lear and then practice. Be sure that you are ready first.

 

[Shalidwyndont]

O the newbies I suggest that you don't trust anyone more than you trust yourself in forex. AS mucha s you may be new and you don't know a lot of things it does not mean that those who joined before know everything and so you follow what they say without asking or trying to find actual truth., You'll need to forge your own path. In forex everyone has their own path that what they have to follow. Following what experts do doesn't make you an expert but just a follower. It may work for them but it may not work for you. There are way more things that hey do differently like how they think. You cannot copy how they think and lot of other things.

 

[Andrew McCalam]

honestly speaking , i trade most of the time in demo , but the knowledge i have gained i fail to use that when trade in a real account.

 

[Faal]

its a professional business in the present world right now , but i have seen most of the traders above all beginners take this stock market as a casino , as a result they try to bring profit very rapidly with no learning. ultimately mostly losers.

 

[Adowyn]

As a newbie you should watch as many instruction videos on forx or anything to do with forex so that you can an idea what fore is all about. There are a couple of people that they think they know what forex is all about after watching a few ads and their friends telling them that they should join ofrex. It is easier for you to lose that to gain in forex and you need to keep that in your mind. Forex is a very complicated business and only those who can take it should take it. If you are having a very hard time no matter what you do then we should know that it is your time to quit and try something else.

 

[Kevin Vogt]

First of all start to learn how to trade forex. Make learning your habit. Then make sense of how to control your sentiments. There is no place for insatiability and fear in trading. Regardless, this trading regimen isn't for the unassuming or leave heart. Then find a good broker where you can practice Demo trading.

 

[Zoltan_]

One thing that I would like to tell to all newbies, start only after you think you are completely ready. Do not follow the crowd or get tempted by listening to other's wins here. You'll excel only if you have all that is required.

 

[lioneld]

dont depend on Forex , its more appropriate to depend on trading knowledge and experience including powerful money management.

 

[Eduardo Lucchese]

Every new trader should choose a regulated broker to trade in this market. Without a broker, no trader can trade in the forex market.

 

[Nezami]

Knowledge is the key to success in Forex. There is nobody who can make success from here without knowledge . so we have to emphasis on acquiring real trading knowledge and we can get most powerful analyzing trade knowledge by passing a long time. Otherwise that’s not possible at all.

 

[The trader]

Managing the risk is the most demandable ability in Forex market where risk is everywhere. My trading career, many times I fallen a great loss due to lack of exact risk management . now I am studying about this

 

[Andrew McCalam]

As a newcomer I fall a great loss , sometimes has lost almost whole balance especially when tried to recover instant loss by revenge over trading.

 

[The trader]

We the traders should choose the currency pair which is more appropriate to the concept of trading that will be used , if you depend on scalping should choose the pair which always ensures lowest comfortable trading spreads.