Fedra Bianchi Posted December 22, 2020 Share Posted December 22, 2020 Forex is a kind of risky market. However, it is profitable if you have proper knowledge and skill. A new trader should always focus on learning basic knowledge first. Then practice demo account for 4 to 6 months. Then invest a small amount in real trading. Learn the deferent between demo and real trading. Never invest the amount that you cannot afford to lose. I recommend investing $50 in Eurotrader’s micro account. 1 Quote Link to comment Share on other sites More sharing options...
Robert M Posted December 24, 2020 Share Posted December 24, 2020 There is no such business or work in the world that can make you rich easily except you born rich or win a lottery. Forex trading involves emotions as there is profit and loss. The problem is most traders ignore the psychological aspect of the traders even they know about it. They do not work on to develop their trading psychology. They run after strategy. Everyday they look for a new 100% profitable strategy. Try to know the business first then you will get success. I am trading forex with Eurotrader broker, as a result of their low spreads and 500:1 leverage. I additionally like their energetic withdrawal handle. Quote Link to comment Share on other sites More sharing options...
Robert M Posted December 24, 2020 Share Posted December 24, 2020 Trading is not just market analysis. As money is involved here, emotions play the big parts during trading. Most of the traders ignore this. They come here to make huge money overnight. They become greedy when make some profit and they also feel broken when lose money. Without being discipline success in forex Market is not possible. I trade forex Eurotrader broker. I like their low spreads and instant deposit and withdrawal facility. Quote Link to comment Share on other sites More sharing options...
Myra Wilson Posted December 24, 2020 Share Posted December 24, 2020 Being too attached to anything is bad even in trading. Traders should take a break often. It helps me to clear their mind and can see the new approach of trading. It also helps their decision making. I always take a break after a loss trade. It helps me to find my mistake and overcome it. During the weekend I take Eurotrader fee courses to know the well. Quote Link to comment Share on other sites More sharing options...
gds221 Posted December 24, 2020 Share Posted December 24, 2020 In general, trading is a rather difficult process for work. And also, any problems can arise in the process of work. Quote Link to comment Share on other sites More sharing options...
gds221 Posted December 24, 2020 Share Posted December 24, 2020 The most important thing for a beginner is to use a demo mode. When I first started working with broker Amarkets, I used a demo account to work. It gave me a really good experience. Quote Link to comment Share on other sites More sharing options...
gds221 Posted December 24, 2020 Share Posted December 24, 2020 Everyone says that it's so easy to earn, it's a pity that these are just words that are not supported by anything. Quote Link to comment Share on other sites More sharing options...
maspluto Posted December 25, 2020 Share Posted December 25, 2020 but in forex there will never be an instant, so it is important for traders to be better and be more maximal in carrying out trading activities as expected while on a real Tickmill account. Quote Link to comment Share on other sites More sharing options...
maspluto Posted December 25, 2020 Share Posted December 25, 2020 The demo account and educational program provided by Tickmill must be able to be used properly, this is needed so that traders can be maximized in increasing their skills, profits, and experiences while on a real Tickmill account. Quote Link to comment Share on other sites More sharing options...
maspluto Posted December 25, 2020 Share Posted December 25, 2020 the existing process must be able to run properly, this is needed and necessary so that traders can be better and can be more maximal in carrying out trading activities as expected while on a real Tickmill account. Quote Link to comment Share on other sites More sharing options...
Namu Posted December 25, 2020 Share Posted December 25, 2020 12 hours ago, maspluto said: The demo account and educational program provided by Tickmill must be able to be used properly, this is needed so that traders can be maximized in increasing their skills, profits, and experiences while on a real Tickmill account. Of course, every facility provided by the broker must be properly studied and understood, the management and control must be carried out as much as possible in order to make trading more understanding, and now traders can use a simpler platform, namely Mt5, which has a Freshforex broker. trader will find it easier Quote Link to comment Share on other sites More sharing options...
gds221 Posted December 25, 2020 Share Posted December 25, 2020 The most important advice for a beginner is to learn. This is the most important and important task that will allow you to get feedback. Quote Link to comment Share on other sites More sharing options...
gds221 Posted December 25, 2020 Share Posted December 25, 2020 Forex, like any other business, requires a correct and adequate risk assessment. Quote Link to comment Share on other sites More sharing options...
Homer Raines Posted December 26, 2020 Share Posted December 26, 2020 The biggest mistake that the most  of traders do is they trade with huge lots and high risk to profit with no plan or money management so this is the reason of the loss to a large portion of traders. So i think that we need to control on this and dependably maintain a strategic distance from the trade with high risk and with huge parts in light of the fact that the trade with plan is the best thing that dependably lead us to the achievement. At least we should follow 1:1 risk and reward ratio because a survey shows that most traders are right in more than 50% times. I am trading with Forex4you. I have picked up this broker because it is a regulated broker. In the same place I can trade both forex and Futures.  Quote Link to comment Share on other sites More sharing options...
Homer Raines Posted December 26, 2020 Share Posted December 26, 2020 Leverage is very important for retail traders. It increases our buying power. We can trade with inconsequential capital with the help of leverage. The lead is whether you take high leverage by then reducing the hazard % proportionately. In any case, I figure trader should focus on quality trading. Also, for that perceiving and contorted is basic. For my trading I utilize Forex4you broker since I like their useful resources like eBook and video instructional activities. I utilize 1:300 leverage in any case they give from 1:1 upto 1:1000 leverage. Â Quote Link to comment Share on other sites More sharing options...
gds221 Posted December 26, 2020 Share Posted December 26, 2020 I believe that beginners should themselves understand that for them the most important thing is to gain experience. Quote Link to comment Share on other sites More sharing options...
gds221 Posted December 26, 2020 Share Posted December 26, 2020 I can only say one thing. If you are afraid of risks, forex is not the best option for you. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted December 26, 2020 Share Posted December 26, 2020 Purely in essence - any business has its own risks. Without this, you should not talk about profit. Quote Link to comment Share on other sites More sharing options...
Myra Wilson Posted December 27, 2020 Share Posted December 27, 2020 Many traders want to start making a lot of money but few can make it. Trading with a smaller time frame is more risker than higher time frame. People see low spreads on some currency pairs and decide that they need to choose and trade such low spread pairs in order to save costs. However, my broker Eurotrader offer low spreads on almost all trading pairs. Quote Link to comment Share on other sites More sharing options...
gds221 Posted December 27, 2020 Share Posted December 27, 2020 Now there are so many trading tips that choosing the right style of work has become quite difficult. As for me, the trader should listen to himself more. Quote Link to comment Share on other sites More sharing options...
Laidar Posted December 28, 2020 Share Posted December 28, 2020 It is best to simply study what it offers, and it is better to choose it according to your trading style and your preferences. Quote Link to comment Share on other sites More sharing options...
Myra Wilson Posted December 28, 2020 Share Posted December 28, 2020 Forex trading is hard and complex especially for new traders in the market. Hey, have a lot of learning about forex trading. However, new traders often jump to the market without knowing the basics of trading and they end up losing money. So, it is better to learn first and then invest money. The demo account is the best way to start which all forex brokers like Eurotrader provide to their traders. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted December 29, 2020 Share Posted December 29, 2020 Tickmill provides demo accounts and existing educational programs that are better and can be maximized in enhancing existing skills, profits, and the experience is even better than before with Tickmill. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted December 29, 2020 Share Posted December 29, 2020 Existing training and learning must be able to be well cared for, this is needed and needed so that traders can be maximized in getting the security and comfort of trading in accordance with expectations together with Tickmill. Quote Link to comment Share on other sites More sharing options...
Ceban Posted March 12, 2021 Share Posted March 12, 2021 You really need to be careful enough to trade, but it is also wrong to be strongly attached and not to be excluded. Quote Link to comment Share on other sites More sharing options...
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