omar-profits Posted April 1, 2016 Share Posted April 1, 2016 In my experience its only hard to start trading in forex because you have doubts against yourself really going to earn in forex. But once you started to trade and taste profit you will going to build confidence. Believe me I have two months of loses before I earn in forex trading. So in short you need to go through lots of stress and lot of hard work before you can be successful. Quote Link to comment Share on other sites More sharing options...
radex78 Posted April 2, 2016 Share Posted April 2, 2016 In my experience its only hard to start trading in forex because you have doubts against yourself really going to earn in forex. But once you started to trade and taste profit you will going to build confidence. Believe me I have two months of loses before I earn in forex trading. So in short you need to go through lots of stress and lot of hard work before you can be successful. Here in forex traidng psychological factor is very high role during trades, many trader decison often based on their psychology because they empted by movement in the market, but as good trader I think they will work and able more discipline to implemented system trading based on rules and always keep patience to waiting best timing to enter Quote Link to comment Share on other sites More sharing options...
pepy Posted April 4, 2016 Share Posted April 4, 2016 Psychology logically effect traders, even the fundamental data is strong the tide could change, everything depend on people's psychology that affect the market and how the price react to ours. I don't have much for now since most of fx traders already knew about this issues. Quote Link to comment Share on other sites More sharing options...
Gee Dee Posted May 27, 2020 Share Posted May 27, 2020 Because of the size of the market, there are notwithstanding the liquidity two other large favorable circumstances: generally safe of price control and negligible expenses of trading. Because of the liquidity and size of the market, price controls by some market members are practically outlandish. You would require tremendous entireties to control foreign exchange rates. What's more, since the market is so huge spreads among buying and selling rates are extremely little. The more fluid a market is, the lower costs for trading are. Furthermore, the lower the expenses for trading are, the less the price must move to accomplish a benefit. Quote Link to comment Share on other sites More sharing options...
Latham Lapard Posted June 25, 2020 Share Posted June 25, 2020 Success in Forex can only be achieved with hard work and proper strategy. It is exactly how I operate and get helped by the supportive broker in FreshForex. A truly remarkable broker that offers mind boggling benefits including low spreads, high leverage, over 130 instruments and my favourite cash back scheme, which helps up with moving into right direction. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted June 25, 2020 Share Posted June 25, 2020 So far, the best advice for a beginner, I consider working with a demo account from a broker with whom you work. I used the ExpertOption broker to work, and used a demo account. Quote Link to comment Share on other sites More sharing options...
Pyridge Posted August 10, 2020 Share Posted August 10, 2020 any beginner who really wants to learn something, will choose for himself what is important to him, no matter how many points you write Quote Link to comment Share on other sites More sharing options...
gds221 Posted August 11, 2020 Share Posted August 11, 2020 The main advice for a beginner in forex trading is to use a demo account. I started working with the Amarkets broker, and for a long time I learned to work with a demo account. Quote Link to comment Share on other sites More sharing options...
Vudorg Posted March 14, 2021 Share Posted March 14, 2021 That's right, a demo account, as well as close communication with managers, gives very good results and opportunities to prepare for trading on a real account. Quote Link to comment Share on other sites More sharing options...
Gidencenti Posted March 19, 2021 Share Posted March 19, 2021 the most important moment at the beginning of work in forex is the choice of a reliable broker, because you can easily fall for scammers, so I advise you to try such an option as Amarkets, good conditions and fast payments will please you in any case! Quote Link to comment Share on other sites More sharing options...
gds221 Posted March 20, 2021 Share Posted March 20, 2021 It is worth understanding that profit in trading is not just words. To make a profit in this industry, you need to try very hard and invest a lot of effort in the process of work. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted March 20, 2021 Share Posted March 20, 2021 Now there are so many different options for training in trading that the main thing from a person is a simple desire to work. As for me, this is now the most important aspect Quote Link to comment Share on other sites More sharing options...
gds221 Posted March 21, 2021 Share Posted March 21, 2021 Now there are just a huge number of tips in trading, and especially for beginners. As for me, it is more important to understand how exactly to behave with them in the process of work. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted March 21, 2021 Share Posted March 21, 2021 As for me, the best option for a beginner is to qualitatively undergo training. If the newcomer received the necessary experience, it will already be much easier for him. Quote Link to comment Share on other sites More sharing options...
gds221 Posted March 28, 2021 Share Posted March 28, 2021 The most important thing that a novice trader needs is experience. And this is only a demo mode. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted March 28, 2021 Share Posted March 28, 2021 The most important aspect is to start with a demo account. Otherwise, you can get far from the results that many would like. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.