Decub Posted January 6, 2014 Share Posted January 6, 2014 A newbie should understand the need to trade on pairs he knows well and have studies well. It's not just enough to assume that the popular or exotic pairs are more profitable. There could be those the trader can study better and make good money out of them than trading out of other trader's recommendations. Quote Link to comment Share on other sites More sharing options...
gaban Posted September 2, 2014 Share Posted September 2, 2014 The best tips for newbie is to try to practice trading on a demo account before try for trading on a real account. with a demo account we can try to trade with maximum and without risk. with a demo account will give good trading skills so that we are able to succeed in forex Quote Link to comment Share on other sites More sharing options...
my name Posted September 9, 2014 Share Posted September 9, 2014 Greedy will not take a trader to the promised land as far as forex trading concerned. Aside this greed shoult not over come a trader to take traders in orderto make quick money.there are lot of good resorces out there to help. One of the best i have to come across is make miney currency trading soy co dot uk as they run free webinars and training Quote Link to comment Share on other sites More sharing options...
arsii619 Posted September 13, 2014 Share Posted September 13, 2014 The best advice for the newbie will be that they must first learn and practice the forex trading in demo accounts. because forex is really a risky business. if you start it without any knowledge just want to earn a lot money than you are going to loss everything you are going to invest. Quote Link to comment Share on other sites More sharing options...
gaban Posted September 25, 2014 Share Posted September 25, 2014 The best tips for newbie is to try to trade with a demo account so that the maximum we will understand better forex trading. and we can trade with a maximum in the real account. for beginners it is advisable to many practice trading Quote Link to comment Share on other sites More sharing options...
skyrock Posted October 15, 2014 Share Posted October 15, 2014 My only advice for the newbie is for them to learn how to trade with positive mindset when you learn how to trade you are getting yourself well prepared to make and take more good and accurate trade which is always the best which is so so profitable for everyone Quote Link to comment Share on other sites More sharing options...
myregister Posted October 21, 2014 Share Posted October 21, 2014 My few tips here for newbie  that newbies should always stick with their own rules, and does not let your emotion change your greatly. Make sure you control it. Be fear when the others are greedy and vice versa also always spend as much as 5% of your total equity when opened a position. Quote Link to comment Share on other sites More sharing options...
TradersCloud Posted October 27, 2014 Share Posted October 27, 2014 Be sure and do your research when investing in and using an EA or robot. Â There are plenty of robot review sites out there with the latest info on profit/loss and margin trends. Quote Link to comment Share on other sites More sharing options...
gaban Posted October 28, 2014 Share Posted October 28, 2014 I think for a beginner it would be better if it can trade manually rather than trading with the robot. because trading with a manual we can try to trade with the maximum and we can understand well the market trend. so that our current understanding of the forex increasing Quote Link to comment Share on other sites More sharing options...
Milo Beck Posted November 2, 2014 Share Posted November 2, 2014 In my view the best tip for a newbie would be to stay calm and compose, as that is what will help us to become successful and also it is important to trade with only with a trustable broker like OctaFX. If we are not able to trust any broker than it could hurt our working also, that's why i trade with them. OctaFX has great reputation along with fully secured and up to date system for trading. They also offer various offers like low spread of just 0.2 pips and high leverage up to 1.500. Quote Link to comment Share on other sites More sharing options...
gaban Posted November 4, 2014 Share Posted November 4, 2014 The best tips for newbie is with a lot of practice on a demo account. with a demo account so we can improve trading skills so well that we were able to succeed in forex trading. so we will be able to trade with leverage. but we have to be serious when trading in a demo account so we can be trader skilled Quote Link to comment Share on other sites More sharing options...
myregister Posted November 25, 2014 Share Posted November 25, 2014 In my view the best tip for a newbie would be to stay calm and compose, as that is what will help us to become successful and also it is important to trade with only with a trustable broker like OctaFX. If we are not able to trust any broker than it could hurt our working also, that's why i trade with them. OctaFX has great reputation along with fully secured and up to date system for trading. They also offer various offers like low spread of just 0.2 pips and high leverage up to 1.500. I agree with the first line, we should stay calm and compose even we are losing in the end keep calming and don't rush it. that is why we always trying to set SL in order to limit loss because we alreayd predicted how much we can loss just in one open position. As for forex broker i has my own. Quote Link to comment Share on other sites More sharing options...
adil007 Posted November 25, 2014 Share Posted November 25, 2014 My best tip for a newbie would be that I would advise him that  never go for a big shot at the stage where he stands and only aim for something achievable according to his current level of skills since if he goes high and loses it would really discourage him a lot right in the beginning. Quote Link to comment Share on other sites More sharing options...
myregister Posted December 2, 2014 Share Posted December 2, 2014 Focus and keep focusing with your trading, also pretty sure that everything is under control, this is why risk management is important for newbie, so everything keeps under control. After that always trade with lower lot size first and then gradually increase it as you gain more experience. Quote Link to comment Share on other sites More sharing options...
adil007 Posted December 2, 2014 Share Posted December 2, 2014 One more advise to a newbie trader from me would be that one should never lose patience and become impatient, it would most likely lead him towards loss because he would be going things or trying to do them quickly and overlook important matters due to this which would bring him loss so if he wants to avoid big losses one must have patience. Quote Link to comment Share on other sites More sharing options...
Decub Posted December 4, 2014 Share Posted December 4, 2014 A beginner has a lot of things to learn from the market and it is not something that he learns in just one day. It takes time to grow and it is one thing that the trader should as well know the way to understand the way the business works. That is basically the main reason there is the Demo account. Quote Link to comment Share on other sites More sharing options...
gaban Posted December 5, 2014 Share Posted December 5, 2014 A beginner has a lot of things to learn from the market and it is not something that he learns in just one day. It takes time to grow and it is one thing that the trader should as well know the way to understand the way the business works. That is basically the main reason there is the Demo account.  of course, forex science was so widespread that for mengusainya we need to continue to learn it step by step, with we learning step by step it will be a lot of science that we can get and we can understand the forex trading. So that we can be successful in forex trading.  Quote Link to comment Share on other sites More sharing options...
myregister Posted January 21, 2015 Share Posted January 21, 2015 Keep learning no matter what, you can open as much as demo account as you want and then keep practicing, also if you have something new first test it in demo account and see if that works or not for you. Be a self-discipline trader and always trade when the momentum is exist. Quote Link to comment Share on other sites More sharing options...
musixc Posted January 23, 2015 Share Posted January 23, 2015 Thanks for answers, demo account is best option for newbie. Quote Link to comment Share on other sites More sharing options...
myregister Posted January 25, 2015 Share Posted January 25, 2015 A beginner has a lot of things to learn from the market and it is not something that he learns in just one day. It takes time to grow and it is one thing that the trader should as well know the way to understand the way the business works. That is basically the main reason there is the Demo account. So the key is patience isn't it? Well talking about tips i got few here, one of it is patience. I know for newbie who want to get money as fast as they can, time is important but having patience in forex is really helpful. Patience can make your trading more and better and able go into the market at the right time. Quote Link to comment Share on other sites More sharing options...
gaban Posted January 26, 2015 Share Posted January 26, 2015 good tips for the newbie is trying to trade with the maximum and comfortable. and always use the SL and tp when trading is indispensable. so then we will be able to trade with the maximum. and the greater the risk will be able to have minimalized well Quote Link to comment Share on other sites More sharing options...
myregister Posted February 4, 2015 Share Posted February 4, 2015 Focus, Focus and Focus. I get this new thing around 3 weeks ago from my friend and actually proven to me. I never trade more than 1 hour so i can get more focus with my trading and using SL and TP so i don't have do more than that. Focusing also become problem with a new traders who want to earn bigger money with trade with more than one pair even their consciousness have not been trained. Quote Link to comment Share on other sites More sharing options...
gaban Posted February 5, 2015 Share Posted February 5, 2015 yes, the focus is also needed in forex trading is because the focus then we will be able to try to trade with the maximum and risks can be minimized with good happens. in addition to the focus then we also need to be disciplined and patient Quote Link to comment Share on other sites More sharing options...
myregister Posted February 9, 2015 Share Posted February 9, 2015 Many traders that i know usually missing this, and i think it is important for newbie to know, even this is so simple but sometimes they don't know about it, they got eaten by their own ambition. So, to be exact one position for one trading, keep doing that for 6 months or so, after you feel confident add one pair and then see the result if good continue if not back to one position per trading. Quote Link to comment Share on other sites More sharing options...
rizwanramzan Posted February 9, 2015 Share Posted February 9, 2015 In forex trading a newbie must first gain knowledge about forex. Afterwards the trader must gain experience of trading, befor etaking further step by investing money. It can be done by working on demo accounts. A Trader can increase his/her skills by testing every strategy on demo account. In this way the trader can also overcome his fear. Quote Link to comment Share on other sites More sharing options...
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