advice for newbies

[Doghma]

The most important thing is that you do not need to be afraid and panic, then everything can really work out.

[gds221]

The most important thing that I would like to convey to newcomers is to be careful. In this industry, attention really plays an important role.

[Vaabum]

I work with a broker and believe that for beginners the main thing is to have experience with a demo account. So far, this is really the most important thing for beginners.

[gds221]

The most important thing for a beginner is to work on a demo account. At least this is how I started with broker Amarkets, and I am happy with the results.

[Juleenelya]

beginners just need to remove the expectation of easy money and pay more attention to teaching trading, so the result will be much better

[gds221]

In my opinion, it is extremely important for beginners to compare their trades with traders who have already achieved results in this industry.

[Cordawield]

Do not forget that strategies still need to be tested on a demo account, and then the result will be higher.

[gds221]

And there may be more than one strategy. And then many people use one strategy all the time and complain that they cannot earn.

[Gardazuru]

It seems to me that the most important thing is not to be afraid, and even when some mistakes appear, or the loss of the means to pull yourself together, draw a conclusion and trade further.

[gds221]

In fact, there are a lot of tips for a beginner. But here it is better to draw a conclusion on how the trader started to work in general, and what directions he chose.

[Vaabum]

The main advice to newcomers from me is to use the demo mode. This is exactly what can save you from a loss)

[gds221]

In my opinion, it is now important for a beginner to pay attention to training. Unfortunately, many ignore this rule and do not get the best results.

[Doghma]

The more a beginner is prepared, the easier it is to start trading. But you can use the copy-trading RAMM for investors from the broker Amarkets

[gds221]

For beginners, you can come up with a lot of tips, but the most key is to pay attention to training and always analyze the results of your work.

[bearhugs]

One advice I would give ti newibe is not to become overconfident if your doing much well on demo account. Once your good at your trading skills then step into live account and if you face loss then don't get demotivated and sad, learn from mistake and move on. 

[boltushkin]

On 8/31/2020 at 12:04 PM, Doghma said:

The most important thing is that you do not need to be afraid and panic, then everything can really work out.

yes emotions really hamper trading progress and the easiest way to bring yourself to this condition is to use high leverage which is disproportional to your trading capital. Significant loss (like 50%) in one trade is a heavy blow and many traders start to lose control after that. 

[gds221]

Beginners should understand that any job is not easy. It should be understood that in order to make a profit in any industry, it is worth making efforts and trying to achieve positive results.

[Gidencenti]

newcomers can be advised a lot, but most of them do not listen to anything, and this is their main problem

[Michael Butcher]

For me, the most important part is getting knowledge about trading platform/broker. I think that before entering the market, you need to study all the information about the market, trading, brokers. It was hard for me to choose the right broker. I searched a lot of sites in order to find smth good. I also spent a lot of time looking for a broker and accidentally found this site Finarm com, which has a whole bunch of different companies listed. It's pretty convenient and can give you some insights.  

[e_abrams]

I think it is an important part, but not the most important part. Everything is important, when it comes to trading - picking a proper broker so you don't get scammed, learning how to trade, forming a proper trading plan, etc. Not one of these steps can be skipped in favour of the others.

[bigxy]

Besides all this we also need to have some patience to observe which aspects needed to be focused first in order to become a successful trader.

[Vaabum]

The most important thing for a beginner is to get experience on a demo account, and only then work. At least when I started working with a broker from ExpertOption, I chose this strategy.

[FXOpen Trader]

On 10/10/2021 at 2:09 PM, Vaabum said:

The most important thing for a beginner is to get experience on a demo account, and only then work. At least when I started working with a broker from ExpertOption, I chose this strategy.

We can get more income from the Forex markets with the help of a Trading Plan.

[Vaabum]

It is important for a beginner to take the time to study on a demo account. When I started working with a broker from ExpertOption, I also took the time and gained invaluable experience.

[nanamage]

Advice for beginners are choosing the right broker. Don't just choose a scam broker or unregulated broker, there have been many fraudulent victims because one of the scam broker is Forexmetal.