New Trader

Jan 25, 2021 at 23:05
4,847 Tampilan
48 Balasan
Menjadi Anggota Sejak Aug 11, 2017   870 postingan
Mar 17, 2021 at 08:18
for new trader to open a micro account is a very good source to see the broker performance how it works. so all beginners should follow the rules
Menjadi Anggota Sejak Aug 09, 2017   598 postingan
Mar 17, 2021 at 09:18
i dont support any kind of live trading for the traders who are particularly newcomers. because this approach can make beginners emotional and greedy.
Menjadi Anggota Sejak Feb 04, 2021   28 postingan
Mar 17, 2021 at 11:42
Imamul posted:
i dont support any kind of live trading for the traders who are particularly newcomers. because this approach can make beginners emotional and greedy.

Agree with you. Beginners should do demo trading for a few months so that they gain familiarity with the platform and when they have gained some confidence they can go live.
Menjadi Anggota Sejak Jul 19, 2020   310 postingan
Mar 17, 2021 at 11:55 (diedit Mar 17, 2021 at 11:56 yang lalu)
Practice makes a man perfect. It's true. But we need to practice in a systematic way. In demo most people do random trading. But we should actually develop our system in demo.
Menjadi Anggota Sejak Mar 17, 2021   494 postingan
Mar 17, 2021 at 18:40
PeteLanceley posted:
Make sure that you practice on demo until you are confident.

You can learn on sites such as YouTube, or Babypips for free.

Yes. I agree with you. every new trader should practice on a demo account before starting live trading.
Menjadi Anggota Sejak Apr 01, 2020   227 postingan
Mar 18, 2021 at 01:46
As a newbie trader, you must gain knowledge first, and after it starts trading with a demo account to get some good experience.
Menjadi Anggota Sejak Apr 15, 2020   187 postingan
Mar 18, 2021 at 07:00
dalbamou posted:
Hi Paulo, my advice is not to use bots to "scalping", brokers do not like it and you will end up losing money. Try to look for short / medium term bots, which have at least 20 pips of profit.


I agree with your advise.
The more your practice, the more you learn.
Menjadi Anggota Sejak Apr 14, 2019   10 postingan
Mar 18, 2021 at 14:14
Dictiony posted:
As a newbie trader, you must gain knowledge first, and after it starts trading with a demo account to get some good experience.


Welcome to the forex world. Speaking on experience and please have an open mind.
Focus more on the psychological aspect. Suprising trading is extremely simple, we as humans complicate it beyond belief. A quick babypips course is enough along side some tweak as time goes on to your trading method.

Also regarding demo accounts. Use these to test and get used to placing orders. Such as how different order types work such as limit and market orders, stop loss and take profit. Once your confident 'go live' with real money. Preferable with a cent account. $10 gets you 1000c and trade that as it will train your psyche which is the most important factor in my opinion.

Hope this helps
Consistency Starts Here
Menjadi Anggota Sejak Apr 01, 2020   227 postingan
Mar 19, 2021 at 01:51
As a new trader, you should do your trade manually and not use robots.
Menjadi Anggota Sejak Apr 14, 2019   10 postingan
Mar 19, 2021 at 10:28
Dictiony posted:
As a new trader, you should do your trade manually and not use robots.


Of course, you are correct.

A. robot wont gain you any experience in the markets.
Consistency Starts Here
Menjadi Anggota Sejak Jul 23, 2020   816 postingan
Mar 19, 2021 at 17:42
Dictiony posted:
As a new trader, you should do your trade manually and not use robots.

Right. I also agree. New traders should know the market first before auto trading.
Menjadi Anggota Sejak Jul 19, 2020   749 postingan
Mar 20, 2021 at 12:38
I think first they should focus on learning. Most newbies start to run for strategy. They ignore the fact that for successful trading one needs deep knowledge and understanding of the market.
Menjadi Anggota Sejak Mar 16, 2021   447 postingan
Mar 21, 2021 at 02:32
dalbamou posted:
Hi Paulo, my advice is not to use bots to "scalping", brokers do not like it and you will end up losing money. Try to look for short / medium term bots, which have at least 20 pips of profit.


Yes, I agree with you. I use any strategy but if I can't implement that strategy properly on the platform, it has no value.
Menjadi Anggota Sejak Jul 19, 2020   742 postingan
Mar 21, 2021 at 17:16
Dictiony posted:
As a newbie trader, you must gain knowledge first, and after it starts trading with a demo account to get some good experience.

Yes, your idea is correct. I think it is never possible to survive in trading without knowledge. New traders will therefore have to gain experience by practicing the demo first.
Menjadi Anggota Sejak Apr 25, 2020   115 postingan
Mar 22, 2021 at 14:30
Beginners need to be extremely attentive enough and grasp all the information.
Menjadi Anggota Sejak Mar 16, 2021   447 postingan
Mar 24, 2021 at 01:04
Beginner traders should acquire trading education attentively. If trading education is not achieved properly, making a profit will be much more complicated.
Menjadi Anggota Sejak May 27, 2021   63 postingan
Sep 28, 2021 at 11:20
"Learn and Earn" is the biggest rule of thumb of this forex market.
Menjadi Anggota Sejak Jul 19, 2020   742 postingan
Sep 29, 2021 at 15:24
WaltonCharles posted:
LukeRachel posted:
Beginner traders should acquire trading education attentively. If trading education is not achieved properly, making a profit will be much more complicated.

Education is the mandatory thing in this market to make money.

Of course, education is very important in trading. You can't survive in this market without knowledge.
Menjadi Anggota Sejak Mar 16, 2021   447 postingan
Sep 29, 2021 at 15:57
Alexthetrader posted:"Learn and Earn" is the biggest rule of thumb of this forex market.

Yes, it is the responsibility of every trader to acquire trading education.
Menjadi Anggota Sejak Aug 21, 2021   77 postingan
Oct 07, 2021 at 09:17
A new trader's first step is to learn about the forex market and consider demo trading the key of practising.
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