Gee Dee Posted October 5, 2019 Share Posted October 5, 2019 Before deciding to participate in the forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most important, do not invest money you can’t afford to lose. A new trader should examine how currencies are traded in the forex market, which currency pairs are traded, what price quotes mean, how profit and loss is calculated, and how the global trading day flows. Quote Link to comment Share on other sites More sharing options...
Michael Butcher Posted June 17, 2021 Share Posted June 17, 2021 I think that before entering the market, you need to study all the information about the market, trading, brokers. It was hard for me as newbie to choose the right broker. I searched a lot of sites in order to find something good. I also spent a lot of time looking for a broker and accidentally found this site Finarm, which has a whole bunch of different companies listed. It's pretty convenient and can give you some insights. Quote Link to comment Share on other sites More sharing options...
e_abrams Posted June 17, 2021 Share Posted June 17, 2021 I haven't heard of them before, where are they registered? Quote Link to comment Share on other sites More sharing options...
gds221 Posted June 17, 2021 Share Posted June 17, 2021 When I just started to study trading and started working with a broker from Amarkets, I used the demo mode for training. As for me, this is a must for a beginner. Quote Link to comment Share on other sites More sharing options...
e_abrams Posted June 18, 2021 Share Posted June 18, 2021 Do you still use the demo account? Quote Link to comment Share on other sites More sharing options...
gds221 Posted June 18, 2021 Share Posted June 18, 2021 Before starting to work on a real account, the trader really needs to work on a demo account. When I started working with a broker from Amarkets, I did exactly that. And I was able to earn quite well. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted December 3, 2021 Share Posted December 3, 2021 First of all, you need to know the theory and understand the principles of the market as a whole. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted December 13, 2021 Share Posted December 13, 2021 On 12/3/2021 at 10:39 PM, Vaabum said: First of all, you need to know the theory and understand the principles of the market as a whole. We will need to first of all understand the Trends in the Forex markets. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted December 15, 2021 Share Posted December 15, 2021 In general, before starting to work in this industry, you really need to have some experience and knowledge in order to achieve success. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted February 13, 2022 Share Posted February 13, 2022 On 12/16/2021 at 3:23 AM, Vaabum said: In general, before starting to work in this industry, you really need to have some experience and knowledge in order to achieve success. We will need to start learning and increase our trading skills so that the profits can be started. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted February 13, 2022 Share Posted February 13, 2022 Education. This is what should be paid enough attention to get a positive result. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted March 14, 2022 Share Posted March 14, 2022 On 2/13/2022 at 3:20 PM, Vaabum said: Education. This is what should be paid enough attention to get a positive result. We will need to start making the Efforts so that the income can be started. Quote Link to comment Share on other sites More sharing options...
Dora Wi Posted March 14, 2022 Share Posted March 14, 2022 This is good advice. These things indeed need to be considered before starting forex trading. Doing so without making sure you have the necessary knowledge is very irresponsible. Quote Link to comment Share on other sites More sharing options...
John22 Posted March 16, 2022 Share Posted March 16, 2022 On 6/17/2021 at 3:50 AM, e_abrams said: I haven't heard of them before, where are they registered? Just google it, am sure you will find them online, or better still you can narrow your search to "best forex brokers" on google. There are many legit review sites online for brokers, I remember doing this for days before I registered with forexchief. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted March 16, 2022 Share Posted March 16, 2022 First of all, you need to try your abilities on a demo account. When I started working with a broker from ExpertOption, I did exactly that and I think my choice was right. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted March 21, 2022 Share Posted March 21, 2022 On 3/16/2022 at 11:16 PM, Vaabum said: First of all, you need to try your abilities on a demo account. When I started working with a broker from ExpertOption, I did exactly that and I think my choice was right. We can start learning about the Forex market trends and how it will work using the Demo Trading accounts of the FXOpen Quote Link to comment Share on other sites More sharing options...
Vaabum Posted April 2, 2022 Share Posted April 2, 2022 Before becoming a trader, you need to pay attention to training. I think this aspect is quite important. For example, when I started working with a broker from ExpertOption, I devoted a lot of time to training. Quote Link to comment Share on other sites More sharing options...
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