Robert M Posted December 19, 2020 Share Posted December 19, 2020 New traders should trade with demo account first. When you turn out to be more familiar with all the technical parts of trading then you can go for live account. In any case, first you should start with pretty much nothing or pennies account. Put highlight on adjusting more than winning. For sure, even in any case I use demo account to test my framework with Eurotrader broker. I find their esteem refer to like the honest to goodness market. I get a comparative contribution with demo account. Quote Link to comment Share on other sites More sharing options...
Robert M Posted December 19, 2020 Author Share Posted December 19, 2020 Fear is the greatest reason for failure. Fear is a significantly compelling human feeling. Fear of losing money in trading is extremely perilous. That is the reason controlling feelings is the way to achievement in trading. Furthermore, to control feelings you have to restrained. You likewise need to diminish your hazard and have an appropriate money management and risk management arrangement. Each individual's psychology is diverse so you need to out your own particular strategy that suits you the most. I am trading with Eurotrader, a regulated broker. It provides me a wide range of services including low spreads, 1:500 leverage and instant trade execution. 1 Quote Link to comment Share on other sites More sharing options...
gds221 Posted December 19, 2020 Share Posted December 19, 2020 That's what, and fear is definitely not a place in trading. This only leads to wrong decisions. Quote Link to comment Share on other sites More sharing options...
gds221 Posted December 19, 2020 Share Posted December 19, 2020 Beginners have surprisingly many responsibilities, but they are created for their own well-being. Quote Link to comment Share on other sites More sharing options...
Homer Raines Posted December 19, 2020 Share Posted December 19, 2020 Forex is a sea of money. If you can swim and survive in that sea, you will become rich. To survive and earn money from the forex market you have to be well educated and you have to know all the techniques of forex properly. By taking right decision at right time on right place you can earn a lot money. To earn more money you need to choose a broker which can help you to take right decision and make profit easily. I am currently trading with Forex4you. They always help me to take important decisions and help me to make profit easily. Quote Link to comment Share on other sites More sharing options...
Homer Raines Posted December 19, 2020 Share Posted December 19, 2020 Knowledge is the main strength in forex market. There is no use of capital if you don't have any knowledge. A trader need to get all kind of knowledge about forex before entering into the market. So, it is very important to gather knowledge. A demo account can be the best option to get knowledge about forex. I also used a demo account of Forex4you when i started my trading career. That account helped me to get all kind of knowledge about forex and helped me to make what i am today. Quote Link to comment Share on other sites More sharing options...
gds221 Posted December 20, 2020 Share Posted December 20, 2020 In trading, you should never be afraid. For it only settles fear into the trader and can make the wrong decisions. Quote Link to comment Share on other sites More sharing options...
gds221 Posted December 20, 2020 Share Posted December 20, 2020 Beginners have quite a few points that they should take into account. Everything has been written on the forums for a long time, the main thing is to use it correctly. Quote Link to comment Share on other sites More sharing options...
Fedra Bianchi Posted December 20, 2020 Share Posted December 20, 2020 Everyone is talking about the negative side of fear. I would like to mention positive part of fear. We all know forex is a risky trading platform and we should not just trade here without any caution. So in my point of view fear is also important for following always proper rules and discipline. Otherwise we might lose a lot money if do not have a little bit fear. I also trade with Eurotrader. The most I like about them is there deposit and withdrawal system. Quote Link to comment Share on other sites More sharing options...
maspluto Posted December 21, 2020 Share Posted December 21, 2020 Existing funds and risks must be able to be considered properly, this is needed and necessary so that traders can be better and can get more leverage in getting the security and comfort of trading with Tickmill. Quote Link to comment Share on other sites More sharing options...
maspluto Posted December 21, 2020 Share Posted December 21, 2020 Tickmill provides demo accounts and educational programs that can be put to good use, this is necessary so that traders have the right tools to be able to improve their skills, profits, and experience while on a real Tickmill account. Quote Link to comment Share on other sites More sharing options...
gds221 Posted December 22, 2020 Share Posted December 22, 2020 A trader is generally quite limited in terms of work. Any wrong action can lead to not the best consequences. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted December 23, 2020 Share Posted December 23, 2020 that is why training and learning must be able to be carried out properly by traders, this is needed and needed so that traders can be maximized in getting maximum trading security and comfort with Tickmill. Quote Link to comment Share on other sites More sharing options...
Ceban Posted December 23, 2020 Share Posted December 23, 2020 No matter how much you trade in the forex field, you should always continue to study and develop, this will give you the opportunity, do not miss out on profitable offers and not make critical mistakes. Quote Link to comment Share on other sites More sharing options...
gds221 Posted December 23, 2020 Share Posted December 23, 2020 For beginners, there are really a number of rules that are highly desirable to follow before starting to work in this industry. Quote Link to comment Share on other sites More sharing options...
gds221 Posted December 23, 2020 Share Posted December 23, 2020 Fear, like any other emotion in the process of work, is quite normal. The main thing here is to understand this in time and try to avoid it in work as much as possible. Quote Link to comment Share on other sites More sharing options...
bearhugs Posted December 24, 2020 Share Posted December 24, 2020 The first and foremost fear is the fear of loss. You should be concerned about your risk management, but it should not have an emotional impact that stops you from trading good opportunities in the market. There is no use in having a wonderful trading strategy if your fear stops you from using it. A sense of acceptance always gives you the readiness to face losses. When you completely understand that losses are normal in Forex, the fear of loss will go away. No one can be right all the time. Quote Link to comment Share on other sites More sharing options...
gds221 Posted December 24, 2020 Share Posted December 24, 2020 Fear, like other emotions, is not at all a place in trading. Trader should avoid as much as possible the influence of emotions on the work process Quote Link to comment Share on other sites More sharing options...
maspluto Posted December 25, 2020 Share Posted December 25, 2020 Emotions must be paid attention to properly, this is needed and necessary so that traders can be maximized in carrying out trading activities that are in line with expectations while on a real Tickmill account. Quote Link to comment Share on other sites More sharing options...
Fedra Bianchi Posted December 27, 2020 Share Posted December 27, 2020 Emotion is one of the big obstructs for forex traders. However, it is hard to control because it is human nature. The trader should try to control their all kind of negative emotion like fear, greed to make a perfect trading decision. Traders often make mistakes and lose money due to fear of loss. Making a small investment can make to control your fear. As Eurotrader offers a $50 initial deposit account. Quote Link to comment Share on other sites More sharing options...
gds221 Posted December 27, 2020 Share Posted December 27, 2020 Fear and other emotions in the trading process can most often only harm. The essence of the trailding is for the trader to think purely about the results of the work. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted December 27, 2020 Share Posted December 27, 2020 In general, fear really does not belong in trading. This only aggravates the process of work of a newcomer in this industry. Quote Link to comment Share on other sites More sharing options...
AnandG Posted December 27, 2020 Share Posted December 27, 2020 I also recommend opening a cent trading account. A cent trading account is most suitable for those who want to trade with a smaller deposit and cannot risk too much loss. It also allows for a smooth transition from demo accounts to real accounts as it gives traders the opportunity to familiarize themselves with using a forex account before trading with large amounts of money. You can register a cent trading account here https://fbs.com/trading/cent Quote Link to comment Share on other sites More sharing options...
Tindenucac Posted January 25, 2021 Share Posted January 25, 2021 any fear and fear of losing your money goes away with experience, and more and more confidence comes Quote Link to comment Share on other sites More sharing options...
Dora Wi Posted January 25, 2021 Share Posted January 25, 2021 Gaining knowledge and experience and having a trading plan that you trust can help combat the fear. Using a demo or a cent account is also a good idea - the fear doesn't appear as strongly there but it's good for testing your strategies and gaining some confidence. Quote Link to comment Share on other sites More sharing options...
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