monyitomon Posted April 5, 2012 Share Posted April 5, 2012 Well, i never think that Forex will be easy but yes, there are really lots of people that thinking Forex is an easy way because they don't have any idea at all until they try learning it. There are really lots of good tutorial online. Quote Link to comment Share on other sites More sharing options...
rexway Posted April 11, 2012 Share Posted April 11, 2012 Newbie should also fine some one who is professional in forex to teach him or she and can possibly be his mentor, a side from this some trading jornal are online for minor help because your mentor wont teach you everything Quote Link to comment Share on other sites More sharing options...
pepy Posted April 14, 2012 Share Posted April 14, 2012 Newbie should also fine some one who is professional in forex to teach him or she and can possibly be his mentor, a side from this some trading jornal are online for minor help because your mentor wont teach you everything that is a good idea but my answers not all the expert want to teach newbie for free or even with cheap price, and for the newbie who don't have too much money to spend their time to hire tutor i think they should learn by themselves, with read some topic about forex and then start to trading in demo account Quote Link to comment Share on other sites More sharing options...
budado Posted April 15, 2012 Share Posted April 15, 2012 Right now the advice that I can give for newbies is pick on strategy and try to trade in demo account. try to make a passing grade like 60% or more success trade in your last 100 trade. If you can do that then you can trade in real account. But before you do that in real account use forex calculator and compute how much is the minimum amount to trade then times is by 50 times. Now if you can't afford that deposit don't trade in real account. Quote Link to comment Share on other sites More sharing options...
riddick09 Posted April 16, 2012 Share Posted April 16, 2012 If the newbies is finding for investments that don't need to get from their pocket then try forex forums and their bonuses. Then they will able to have their real trading experience using it without risking their own funds. It will be better if they become successful only using the bonuses. Quote Link to comment Share on other sites More sharing options...
pepy Posted April 17, 2012 Share Posted April 17, 2012 If the newbies is finding for investments that don't need to get from their pocket then try forex forums and their bonuses. Then they will able to have their real trading experience using it without risking their own funds. It will be better if they become successful only using the bonuses. but that is take some time too dude, at least they can minimize the risk by have forex account balance by posting from the forex forum who also have the same system like MT5 forum or many paid forex forum did, but sometimes it is tired for them to do something like that Quote Link to comment Share on other sites More sharing options...
charlly007 Posted April 25, 2012 Share Posted April 25, 2012 If you are just starting out on your forex journey I would suggest you read "The Complete Turtle Trader" by Michael Covel. The introductory slideshows on Slideshare are also a great resource. Once you have the basic understanding you can learn strategies at sites such as such Everestforex (great site, very friendly, gives you $100 real money to start with). And of course stay up to date at Bloomberg.com! Â Wow,$100 free money to start with on Everestforex.I have never heard or read about this site before,this is the first time.i will certainly see if they are still in operation and get more fact on their operation and see if i can also benefit.I hope they are allowing members or users to invest with other Forex trading experts just like other brokers are doing. Quote Link to comment Share on other sites More sharing options...
antthenait Posted May 1, 2012 Share Posted May 1, 2012 Â but many people now think that forex is a good place where members can gain a lot of money and the bad thing is they think this one is the fast money earning, but i still see some good tutorial around that can help for the newbie who cannot pay for tutor fees, but actually if trading is the best way to sharpen our skill and for newbie too Yes, you are 100% right because forex is the perfect way to gain better money within a short period. People who can grab their nature and catch each and every offer from any legit broker should be the real winner. But it is risky in online forex in some unknown program. Because lots of people already lost too many money from them. Only legit and popular program should be the best. Quote Link to comment Share on other sites More sharing options...
euro Posted September 18, 2013 Share Posted September 18, 2013 That is great news. I checked them out but they said that I have to pass their simulators. I'm not in the mood to pass any exam. I just want to trade. So if you're going to be giving out bonuses just forget about exams. I don't think traders have patience for that. However, thanks for sharing though. As a newbie, you can open a demo with any broker and dailyfx.com has one and they're not a broker so you can play there as well. Now, etoro is also a good platform if you want to copy traders. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted September 19, 2013 Share Posted September 19, 2013 Well, i never think that Forex will be easy but yes, there are really lots of people that thinking Forex is an easy way because they don't have any idea at all until they try learning it. There are really lots of good tutorial online. Â Yes, there are many people who think that forex is easy because they just see one side, profit that they can get in forex trading. They dont understand forex trading well, that there are risks and reward in forex trading. Then when we start trading in forex, they will feel cheated. In fact, it happens because they dont want to learn and understand forex trading well. Quote Link to comment Share on other sites More sharing options...
gaban Posted September 19, 2013 Share Posted September 19, 2013 Is like that, there are many people who think that forex is easy, but in my opinion, it is difficult forex. Because forex has high risk. Risks can come from out of trader or broker. For that with enough skill, then we can minimize the risk. Quote Link to comment Share on other sites More sharing options...
euro Posted September 19, 2013 Share Posted September 19, 2013 If you are newbies. I suggest you do long term trading. Try to study fundamental and technical analysis. Anyway why long term? For me if you are newbies its much safer to do long term trading than doing day trading. Simply because you can stretch your funds and same time have time to study. If you have confidence and discipline to trade then you can increase the risk by increasing the margin then day trade. I agree too that the larger time frame will equal less losses and risks. But at the same time, newbies will have a very hard time waiting for a large time frame and not knowing what will come there way. They will least likely to do long term since its boggling to them but at least with the short term they can see the trend right away and able to scalp some money off of it. I think long term takes skills to be patience and wait for the right trend and all the setting must be close to correct too. Quote Link to comment Share on other sites More sharing options...
standart Posted September 19, 2013 Share Posted September 19, 2013 trader need to take practice and learning if they are beginner still. they can't jump to trading in live account if they are have no sufficient knowledge and experience. advisable if trader spend their time in demo account fist till they are able to generate profits consistently. and after that, they can jump to trading in live account and risking real money. Quote Link to comment Share on other sites More sharing options...
euro Posted October 15, 2013 Share Posted October 15, 2013 My advice for newbie is to learn as much as you can since knowledge is basically the building block of success in forex. You can't be a successful trader without knowing much about it. You have to know a lot in order to make money so make sure you learn as much as you can in order to make some money in forex. I also think that practicing in a demo for a long time will also help out newbie as practicing is the best way to gain experiences. Also learn to manage your money and losses and use stop loss in long term trade. Quote Link to comment Share on other sites More sharing options...
gaban Posted October 16, 2013 Share Posted October 16, 2013 My advice for newbie is to learn as much as you can since knowledge is basically the building block of success in forex. You can't be a successful trader without knowing much about it. You have to know a lot in order to make money so make sure you learn as much as you can in order to make some money in forex. I also think that practicing in a demo for a long time will also help out newbie as practicing is the best way to gain experiences. Also learn to manage your money and losses and use stop loss in long term trade.   I agree with you. For a newbie does have a lot to learn. Invest our spare time to learn trading. With a lot to learn so we can have a lot of knowledge and skills in trading. This is our initial capital to start trading. Much that we can use to learn trading. We can use a demo account. Here we can understand the basics of trading. Quote Link to comment Share on other sites More sharing options...
budado Posted October 24, 2013 Share Posted October 24, 2013 Lets just do something good in forex trading. lets just hope we can sustain and maintain our account in here without any problem at all. Who knows we can really make it big in here. I'm so happy with the way things are for me in forex trading. So lets just hope we can really make it big without any problem at all. I'm so happy that some how I do end up having big income in forex trading. Quote Link to comment Share on other sites More sharing options...
Bagus Posted October 26, 2013 Share Posted October 26, 2013 Lets just do something good in forex trading. lets just hope we can sustain and maintain our account in here without any problem at all. Who knows we can really make it big in here. I'm so happy with the way things are for me in forex trading. So lets just hope we can really make it big without any problem at all. I'm so happy that some how I do end up having big income in forex trading. if we want to succeed in trading, we must enter into the forex community and did a lot of discussion because novice traders, including those who are in desperate need of how to do this trade with a lot of knowledge and with a lot of this knowledge will be able to continue to make us better in trade Quote Link to comment Share on other sites More sharing options...
gaban Posted October 28, 2013 Share Posted October 28, 2013 of course, with active on forums forex trading then our knowledge is increasing. A lot of knowledge that we can get from this forum forex. Here, we can exchange mind with other traders. So that trading we would be better off again. Quote Link to comment Share on other sites More sharing options...
standart Posted October 28, 2013 Share Posted October 28, 2013 newbies need to take learning and not necessary to rush to trading live. important to newbies develop strategy and skills if consider that its the only way to them make consistent profit from market. without good skill and strategy, traders can't make profit and even will get margin call very fast. Quote Link to comment Share on other sites More sharing options...
budado Posted October 28, 2013 Share Posted October 28, 2013 My advice for newbies is that I do want to make some profit in here. I'm really excited to see myself becoming a good trader. I'm so happy with the way things are for me in forex trading. I'm sure I will be making one good income in forex trading. But newbies will going to take lots of time and effort to learn and earn. So my main objective is really to make some good profit in smaller investments. Quote Link to comment Share on other sites More sharing options...
Bagus Posted October 29, 2013 Share Posted October 29, 2013 My advice for newbies is that I do want to make some profit in here. I'm really excited to see myself becoming a good trader. I'm so happy with the way things are for me in forex trading. I'm sure I will be making one good income in forex trading. But newbies will going to take lots of time and effort to learn and earn. So my main objective is really to make some good profit in smaller investments. I agree with you that it is better if the most important beginner then they have to do first is to build the skills to build the skills they have certainly not easy, but when we managed to continue to grow the skills it will continue to be better and be more successful in this business going forward Quote Link to comment Share on other sites More sharing options...
gaban Posted November 13, 2013 Share Posted November 13, 2013 I agree with you that it is better if the most important beginner then they have to do first is to build the skills to build the skills they have certainly not easy, but when we managed to continue to grow the skills it will continue to be better and be more successful in this business going forward   demo account is a great base to build trading skills. and we can also learn the basics of trading. Here we can trade with virtual money. Not only build skills, but the demo account can also be used to test trading strategies. Quote Link to comment Share on other sites More sharing options...
TenkoFx Posted December 22, 2013 Share Posted December 22, 2013 demo account is a great base to build trading skills. and we can also learn the basics of trading. Here we can trade with virtual money. Not only build skills, but the demo account can also be used to test trading strategies. Â Yes, demo account is the best places for the trader to gain they experience, ability and make a trader become familiar with indicator that are they using. Quote Link to comment Share on other sites More sharing options...
gaban Posted December 22, 2013 Share Posted December 22, 2013 Yes, demo account is the best places for the trader to gain they experience, ability and make a trader become familiar with indicator that are they using. Â Â of course, without a demo account we will only lose a lot of money because we will not get the skills and knowledge of trading. Learn forex is not enough only with the theory of the book. We also need the practice. In our demo account can do trading practice without worry about losing money. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted December 25, 2013 Share Posted December 25, 2013 of course, without a demo account we will only lose a lot of money because we will not get the skills and knowledge of trading. Learn forex is not enough only with the theory of the book. We also need the practice. In our demo account can do trading practice without worry about losing money. Â Yes, Demo account is a place for learn how to execute trades and acquire the skills to manage risks without putting their money on the line as they get to view the impact of price fluctuations on their trading accounts in real time.They are able to develop and test different trading strategies in real time under actual trading environments and market conditions without risking any of their capital. Â It gives them the opportunity to be familiar with the peculiarities and characteristics of the foreign currency market and learn how to adapt their trading strategies to them. Quote Link to comment Share on other sites More sharing options...
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