FOREX For Professionals and Newbies

[Gee Dee]

The main reason may be that the strong trading psychology distinguishes between successful and unsuccessful traders. If you knew when you shouldn't trade and when you should make the most profit, you might have been able to overcome the fear and frustration of FX trading. Overall, you need to choose your favourite forex trading strategy along with some forex trading pairs to deploy your strategy over and over again.

[Pyridge]

Forex is done the same way for everyone, it all depends on the trader, how much experience he has

[Vaabum]

In my opinion, there is a very big difference between these two groups of traders. I myself work with the broker ExpertOption, and I can't call myself a pro yet. In my opinion, traders always need to learn.

[Doghma]

All of us once were beginners, and in order to become professionals, you need to go a hard way.

[Vaabum]

In my opinion, in order to become an experienced trader, you really need to work with a demo mode. For a long time I worked this way with the broker ExpertOption. In my opinion, this is a great option.

[Pyridge]

in any case, trading experienced guys and beginners is a completely different level and, most importantly, a different approach, you should always pay attention to this when choosing a broker

[gds221]

In my opinion, the market for pros and beginners has no special differences. The main thing to understand is that they are distinguished only by the presence of experience. Working conditions are the same for everyone.

[Doghma]

It is clear that the view of trading - beginner professionals are quite different, because it depends on practice and experience.

[Vudorg]

With the acquisition of experience, the outlook on forex really changes and this is a natural situation.

[gds221]

When I first started working with a broker from Amarkets, I thought forex was easier than simple and I would learn quickly. It's good that there is a demo account and I learned to work on this account.

[Vaabum]

As for me, here the whole difference is how certain users relate to the trading process.

[Pyridge]

Well, all the same, the level of training of such traders is too different, therefore, the approaches should be different

[Juleenelya]

these are completely different sides of forex itself, because the level of training and experience decides too much

[Bedisone]

Of course, the professional and the novice take this market differently, and it all comes with time.

[gds221]

For a beginner, it is important to choose the safest and most cautious strategy. As for me, this is really important at the beginning of work, so as not to get losses. The professional already chooses according to the style of work.

[Gidencenti]

if we talk about platforms that are suitable for both professionals and beginners, that is, the option of working with Amarkets, here all conditions are suitable for everyone, so I advise it as a convenient option for working

[Upoctin]

The benefit of high leverage is simply that it can help us earn bigger profits. The disadvantage of using high leverage is that it is very risky also. But I think we should use high leverage when we are trading with a small amount of money. This helps us earn big profits even with small money.

[gds221]

Before starting to work in this industry, I would highly recommend first working on a demo account. At least when I started working with a broker from Amarkets, I did just that.

[bigxy]

Same did I and i would advise other newbies to first trade on a demo because it does not involves any deposits. It comes with virtual money which means if you lose you will not lose money but you can gain experience in my opinion.

[Vaabum]

Here is the greatest difference in experience between these two categories. Beginners still need to gain experience, and experienced traders already have enough experience.

[FXOpen Trader]

On 10/17/2021 at 3:18 PM, Vaabum said:

Here is the greatest difference in experience between these two categories. Beginners still need to gain experience, and experienced traders already have enough experience.

Those traders who are newbie traders will need to wait till the right time comes for them.

[Vaabum]

The main difference is the level of knowledge and experience. As for me, this is precisely the main difference between newbies and pros in this industry.

[FXOpen Trader]

On 10/24/2021 at 3:26 PM, Vaabum said:

The main difference is the level of knowledge and experience. As for me, this is precisely the main difference between newbies and pros in this industry.

We will need to start devoting more time into the business of Forex trading so that we are able to Better understand the Forex markets.

[Vaabum]

I believe that in fact the market is the same for everyone. The difference is that some have no experience, while others are already experienced.