Some Trading tips for beginners - Page 3
Page 3 of 366 FirstFirst 12345671353103 ... LastLast
Results 21 to 30 of 3659

Thread: Some Trading tips for beginners

  1. #21
    For newbies it's important to take start with basic strategies and step by step trading start with low lot size and low leverage only according to our strategeis and analysis skills. also try to avoid risky trade and learn risk and money management that way we can better take start and in future step by step can get good expereince and trading skills for our career.

  2. #22
    i think the best tips for the newbies trader is that first of all get the basic knowledge of the trading and then practice of the trading and after that you will learn the money management of risk in the trading and then learn how to predict the forex market and i think if you learn to analysis the market and properly manage the risk in the trading you will get the success in the business.

  3. #23
    the thing which i understandt and share with you is that never trade big lot at start stage and do not greed any time and control your emotion and trade with painte and fix some daily profit and when you achieve your target then leave forex and work some other .if is very important thing for new trader

  4. #24
    All the thanks and appreciation I make thee, O my friend, to publish this information very useful for beginners, but I saw some people here say it's a lot starting with $ 300 and I am from my point of view that initially be $ 500 less thing and work sizes decades low and all over the time at work in this market is getting experience and if there account losses will be borne as long as it's a few sizes and for beginners who do not have this amount they operate in the index with rewards that are collected and this amount from my point of view and humble thanks

  5. #25
    Trader nsawork's Avatar
    Join Date
    Aug 2013
    Location
    India
    Posts
    960
    Quote Originally Posted by tanoli777 View Post
    the thing which i understandt and share with you is that never trade big lot at start stage and do not greed any time and control your emotion and trade with painte and fix some daily profit and when you achieve your target then leave forex and work some other .if is very important thing for new trader
    If our trading is not according to the rules of the Forex trading we will start getting a loss. Some of the traders cannot understand this fact that loss is always due to our own mistakes and if we are able to identify them our profits will start to increase and will make us successful traders soon :)

  6. #26
    Trader whether new or old should follow rules of forex, keep their charts adn trading systems simple, should never try too hard to get profits. If faced loss in consecutive trades then stop trading for the day. Follow trend, make a trading plan and follow it and always use TP and SL in your trades. Do not fear losses but always take good care of your capital too.

  7. #27
    Registered user
    Join Date
    Aug 2013
    Posts
    3
    Many of the new trader are want to that earn more money within a second for this reason many of trader do not able to stay this market for a long time,so first control your emotion for stay this market.

  8. #28
    Registered user
    Join Date
    Aug 2013
    Posts
    2,526
    Quote Originally Posted by alaminmgt View Post
    Many of the new trader are want to that earn more money within a second for this reason many of trader do not able to stay this market for a long time,so first control your emotion for stay this market.
    Forex trading is not a place to quickly get money but forex is a business that will give us the opportunity to make money because we will be able to make it with a high skill so surely we would be much better in this trade will build our skills first before doing this trade with the aim of getting the money because it is not possible to make money in forex without skills

  9. #29
    - paper trade or use a simulated trading Web site to practice your trading techniques before you use your own "real" money.
    - do not expect to become an expert day trader right away, It takes considerable time, practice and effort to learn the ropes.
    - eliminate the fear of losing because "scared" money rarely profits.
    - always limit your losses - use stop orders.
    - learn from your losses - take advantage of each loss to improve your knowledge of the market.
    - never allow large profits to turn into losses.
    - If the markets on a given day are not performing or reacting the way you expected, it is best to simply get out.
    - Never add to a losing position, It is a prescription for disaster.

  10. #30
    Registered user
    Join Date
    Mar 2013
    Posts
    3,925
    This is very helpful post for newbies. A newbie should understand that trading in Forex is risky and not easy as it may appear on the face of it.To earn money in Forex trading, a trader should have the necessary knowledge and the ability and discipline to manage its risk. Staying informed about latest economic news and development is vital for a Forex trader.

Page 3 of 366 FirstFirst 12345671353103 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •