How do you trade if you are beginner?

[nanamage]

The trader needs to understand that getting profits in forex trading is not instant. Qualified trading skills are required, as well as the knowledge that can be obtained from education and training, fortunately, Freshforex provides trading training and education to teach suitable trading from beginners to experts.

[radex78]

How to start trading forex as beginner needs more practice and learning, just like another beginners, first time joined forex then looking holy grail trading system, everytime fellow traders share profitable trading, then follow it and still get fail, tries many kinds of indicator sometimes make complicated in view on the chart. However now trading with FXOpen often only use two indicator and read price action and candlestick pattern.
 

[Namu]

Beginners who are just getting into forex should pay attention when choosing a broker, because a broker is a bridge so that traders can trade. Therefore, is the FXOpen broker safe for novice traders?

[nanamage]

There are lots of important points for success in forex trading, such as good mastery of money management, risk management, and trading psychology, then we have a forex trading system and have full confidence in the Freshforex system.

[radex78]

18 hours ago, Namu said:

Beginners who are just getting into forex should pay attention when choosing a broker, because a broker is a bridge so that traders can trade. Therefore, is the FXOpen broker safe for novice traders?

Choosing reliable broker is very important when traders want to treat forex as long term business, beginners they can use demo ECN FXOpen with free without any risk, and there are some contest in fxopenforum where possible beginners become a winner and get real prize to trade in real account, FXOpen included safe for beginners and professional traders because they also has micro account and regulated top tier regulation agency like FCA and ASIC, besides regulated also in CySec.

[nanamage]

Take the time to learn and study fundamental analysis and technical analysis which can be accessed on the Freshforex website. This is not a science that can be learned in a short time so you have to be disciplined.

[radex78]

Read more and practice, as beginner still lack of experience, they can reading forex education from various resources and practice using demo ECN FXOpen to get real experience without any risk at all. Using demo account traders can tries trading platform and learn any pairs characteristic to trade and choose one that based on minds easy to trade.

[nanamage]

Implementing a good trading strategy will help traders get profits in each of their trades, plus the support of a reputable and trusted Freshforex Broker as our trading platform, such as providing bonus promos and others.

[radex78]

The first step trading in demo account beginners can test own selves  using demo ECN FXOpen, it is possible you can make a good profit in a demo account and shows result in the crowd then there are investors to join investing real money

[jamante]

first thing new comers need to do is study, and learn as much as they can, spend time understanding the business, its not easy, it can take years and avoid shortcuts, it took me a while to understand it, when i first started trading with hfm, and yet here i am still trying to figure it out 10 years later

[boltushkin]

For a beginner to win in forex trading, it's important to start with a strong foundation of knowledge and skills. This means learning about the basics of forex trading, including how to read charts, analyze market trends, and manage risk. It's also important to develop a trading plan and stick to it, rather than making impulsive or emotional trades. Additionally, beginners should start with a demo trading account to practice their skills before trading with real money. Finally, it's important to be patient and realistic, as forex trading requires time, discipline, and a willingness to learn from mistakes.

[radex78]

If you want to treat forex as a long-term business, you need good preparation since a beginner, you need high dedication to learn, and a strong mentality, only the winner can get victory in every business, and how to achieve success is not instant, in the journey will face so many obstacles, the weak mentality will left out from the business and only become audience to watch another traders get a success.

[Namu]

For beginners who are just getting into the forex business, you should take advantage of a demo account or education from a broker. Because this really helps traders learn to understand about forex and will be ready to trade later. So, for that, can a beginner trader understand about forex by joining FXOpen?

[radex78]

16 hours ago, Namu said:

For beginners who are just getting into the forex business, you should take advantage of a demo account or education from a broker. Because this really helps traders learn to understand about forex and will be ready to trade later. So, for that, can a beginner trader understand about forex by joining FXOpen?

Learning forex now get easier from various resources, and the best teacher is experience that will give valuable lesson, although we learn from the best mentor if not change the wrong mindset, it will face difficulties to success, trading forex is not only about knowledge, but combinations knowledge, and mental trading, you can learn from FXOpen blog and practice in demo ECN to choose your favorite instruments.

[Namu]

Beginners who are new to the forex trading business should learn and practice a lot. Because now there are many conveniences for learning forex, traders can take advantage of the education provided by FreshForex broker, so that later they can learn more about the forex market and how it works correctly.

[radex78]

Learning from the theory is good to broaden insight about forex trading, however the most important is learning by doing, practice in the demo ECN FXOpen broker is free without any risk, and you can find suitable and profitable trading strategy through a demo account, despite demo account cannot develop good psychology, however, remain useful for beginners.

[nanamage]

Does the FXOpen broker have swap fees? Besides that, are there frequent requotes there?

 

[Namu]

Each broker has its own advantages and disadvantages. But I just heard about this one broker, is the FXOpen broker safe for novice traders?

[radex78]

On 5/9/2023 at 12:30 AM, nanamage said:

Does the FXOpen broker have swap fees? Besides that, are there frequent requotes there?

 

They offer Islamic accounts, you can contact support to get further detail, basically swap apply when opening a regular account, when let order is opened overnight will charge by swap fee. FXOpen is a true ECN broker, as long as fast connection internet speed is fast, no requotes. However, need to know, FXOpen uses a variable spread starting from 0 like EURUSD, it is possible the spread could vary depending on the liquidity market, but often I trade EURUSD with a spread around 0 pips to 2 pips on EURUSD.

[nanamage]

I think Forex trading is risky and unsafe unless we really know what to do to survive and earn in this business.
There is a lot of money in Forex, but we can also easily lose all our capital, so Freshforex education and webinars are the solution to improve our trading skills.

[Harvey]

First-time traders, just like any other beginner, learn how to start trading by looking at and changing many different types of indicators to find the best one, but along the way they gain experience, realize there is no perfect trading tool, and then make trading more simple, focusing on risk management and profit as a bonus. I trade with the FP Markets broker.

[radex78]

13 hours ago, Harvey said:

First-time traders, just like any other beginner, learn how to start trading by looking at and changing many different types of indicators to find the best one,

Usually, beginners will learn like that, when facing one failure after practicing the use indicator or trading tool, then try another tool to get more accuracy, but after realizing if no perfect indicator, which here indicator only helps the tool, it makes minds just think simple, how to make trading more simple. 

[Alice Frampton]

If we are just starting up, the basic point is to get started is to get a proper education. And then work toward planning and execution. Money management is also very important, to keep things moving right. Another major part is the broker’s role, it is something I put an extra value upon, and the reason behind my preference for FXOpulence. It is regulated by ASIC, one of the top regulators in the world, and comes with superb conditions to make all so much easier.

[radex78]

You can use demo ECN FXOpen when beginners to learn to trade, however, if still blind at all about forex, it is better to learn basic forex, there are so many resources we can learn from the internet, babypips is the most popular site where many traders learn forex.

[Namu]

The demo account facility is very useful for beginners who are just getting into forex trading. But beginners should also pay attention when choosing a broker, because the broker will be the bridge so that traders can trade forex. For this reason, is the FXOpen broker suitable for novice traders?