Beginner Forex tips

[The trader]

learning is a continuous process , so we the traders should focus on this , otherwise the trading life could be more dangerous.

 

[Tom Latham]

i think time management is really important not only for trading life but also in real life.

 

[JimmyChoo]

to be a professional trader from this market place is a major issue , need a long time practice with great level of education.

 

[Svetlana Loboda]

you should start with psychological of school in this forum , its a most knowledgeable forum for beginners level to make sure all basic knowledge.

 

[JimmyChoo]

there is a importance to gain knowledge but only knowledge is not enough to survive here successfully , need a powerful money management besides this.

 

[Andrew McCalam]

the beginners always practice psychology of school with no demo account , this is not a productive work to bring good result by trading.

 

[zoe]

the beginners always practice psychology of school with no demo account , this is not a productive work to bring good result by trading.

This is timely, we definitely need to learn and practice if we want to get it right in the market.

 

[Fx Master]

discipline is most important and besides this also important focus level. its really important in real or trading life.

 

[Nezami]

emotions and greed very common and i think there is no one who never done the same mistake particularly when a newcomer.

 

[The trader]

so many online courses in Google , and most of them are found as scam. you can believe in this community.

 

[Tom Latham]

learning is important , no way to deny but honestly speaking any kind of learning approach can be useless

 

[JimmyChoo]

actually right now its very difficult to make sure 20% return according to trading balance due to US election. but whatever it is we the traders always try to bring profit minimum 5-10%.

 

[Siccative]

Psychology is one of the most crucial and ignored areas in trading. Without following a good trading psychology plan, it is not possible to trade. One can learn trading psychology through learning and practice.

 

[StupidFishy]

My biggest tip for a beginner would be “never neglect using risk management strategy”. Use stop loss to limit your losses. The beginners should focus more on protecting their capital before focusing on making profits.

 

[RoughCousin]

As a beginner, a trader has less knowledge about the market and following these tips is quite necessary if you want to survive in a market like Forex.

 

[Plexpe]

Beginners should not focus on what returns they will get if they trade a certain way. They must focus on understanding the market to the fullest so that when they meet a certain trading condition, they know how to react, save, and make money.