First steps of newbie traders - Page 15
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Thread: First steps of newbie traders

  1. #141
    I think at first the new trade should learn the basic of forex trade and then continue their practice on the demo.after leraning the basic of forex then they can more learn about forex from various web site of forex forum and can collect various strategies and practice them on their demo at least 3 or 5 months before going to real account

  2. #142
    Wonderful suggestion and post for newbies. I am sure newbies will be able to acquire many knowledge and idea from this post. I personally liked that post a lot. Newbies often face many problem regarding trading. If they read all the posts of this forum and ask question then they won't have any kind of hesitation about forex market. This forum is perfect place for them to remove their fear and ignorance.

  3. #143
    To turn into a Forex trader, you don't require anything more than an Internet association and a brilliant gadget. Regardless of whether you need to exchange from your office or from a bistro while on an extended get-away, you can do it. To add to that, Forex has low trading capital requirements compared to other money related markets and pursuing a trading platform doesn't take quite a while. What's more, in light of the fact that no one needs to risk their entire reserve funds immediately, least stores are commonly extremely low and you can begin contributing more as you addition experience and certainty.

  4. #144
    Good information. In general, I agree with it, but it is difficult for newvies to find a good broker.

  5. #145
    For sure, choosing a good broker is a quite difficult task, especially for newbie trader who lacks knowledge and understanding of financial markets. So, the best solution would be to try to find all information available about various brokers to anaylize it and make your own independent decision based on the most important aspects, such as trading feed an conditions or the list of instruments available. It would be also helpful to find detailed comparisons of trading platforms summarizing all necessary information in one place that makes all this process easier and faster. It is also important to check the feedbacks and reiews posted by real traders on various trading forums to find out about the issues faced by the traders working with that or those broker. So, if you are looking for the broker to work with, you should study carefully all the information available to be able to choose the most sutiable and reliable broker.

  6. #146
    Quote Originally Posted by Sanders View Post
    Good information. In general, I agree with it, but it is difficult for newvies to find a good broker.
    I agree with you. That calls for a lot of research on the part of a trader.

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