How useful Forex is for beginners

[Windis]

Hello I think newcomers are better off avoiding the forex market, because they do not know how to invest there, they will lose money if they do not know how to invest.

[Sandre]

When we all came to the forex market, we were all newbies, so I don’t think we should avoid it. Just competently approach this.

[Thonin]

Nobody says that a beginner will not lose his investments, but nevertheless, everyone goes this way.

[Fausi]

You can look at this situation from two sides, but each one has a choice.

[jamante]

it depends, its a business, not a gamble if done correctly, i know many new comers who are fairing really well, others want a quick buck and simply lose all of it fast. thats just how it is

[Cejurus]

Forex can be useful if you choose a good broker, such as Amarkest, where you get a good manager your support and a large set of financial instruments.

[Balladoginn]

It somehow strange says that it is better for beginners not to go forex, but who then should go?

[Upoctin]

Forex is a risky business and if you will not folow the rules and trends of the market then it will be difficult to survive in Forex even you are a experienced trader.

[Lin5878]

Hi,

Forex trading is really difficult for new traders. Some question answer always need to know new forex traders.

1. What is forex? 

2. How can earn money with forex trading?

3. First, how much invest need in forex?

4. If invest loses then what should we do?

5. How we learn about forex?

So, if anybody know, please give answers.

Thank you..

[Gee Dee]

The success without practice, experience, and calculated trading plans are near zero. Forex trading is all about skill. Like any other skill, it requires practice and experience. And by gaining experience, traders know how to plan their strategies and apply them accordingly. Practice takes time, dedication and effort. The best way to practice trading is to use a free demo trading account. 

[Pyridge]

beginners are different, there are those who really learn and try, and there are those who, without understanding what they want to make a lot of money for

[gds221]

For beginners, Forex is a very complex tool to work with. They need experience and training to achieve a positive result in this industry.
 

[bearhugs]

For beginners Forex can become a major success or a failure too. All they need is to focus initially much on their working and market, sharpening up their skills and gaining as much knowledge they can. Once they start trading into a demo or a real account result may come good if they have kept in mind the basic of Forex working.

[gds221]

Beginners are most useful to use the demo score. He himself began to work with the broker Amarkets, and it was the demo account that helped me not to lose money.

[Juleenelya]

here even the essence of the question is not clear, if we take beginners, then they need to start at least somehow learn, at least according to the guides, only then switch to practice

[gds221]

For beginners, the demo mode is most useful. This is the only way of using Forex that can be useful and profitable.

[Rinanee]

I would recommend starting with an amount of at least $ 100, otherwise you may simply not have enough funds in your account with a small drawdown, without which trading is impossible.

[gds221]

I can't say that forex can be something useful. In fact, everyone works in this industry to achieve one single goal.

[Dora Wi]

How do you suggest beginners should start out?

I don't think it's necessary to avoid the forex market. A beginner should learn a lot about it and practice in a demo account first, though.

[Vaabum]

For beginners, forex is rather not useful, but interesting. For work, this is a really extremely interesting proposal.

[gds221]

For beginners, it is very important to start working with a demo account. I started in the same way with a broker from Amarkets, and this option really pleased me.

[Viran]

In reality, a demo account is very correct and must be used, especially if it is the same as a real account.

[e_abrams]

That last part is vital. If it is not as close to the real thing as possible it is useless.

[gds221]

The most important thing for beginners is to use a demo score. When I first started working with a broker from Amarkets, I studied precisely on a demo account, and I want to say that this is really the most important aspect.

[Sanin]

A beginner who will pass a demo account, and to prepare himself, it is enough to start or not have the opportunity on a real account not to fall into a losing streak