Newbie looking for the best strategy (my trading journal) - Page 84
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Thread: Newbie looking for the best strategy (my trading journal)

  1. #831
    Quote Originally Posted by ajagbeolegba View Post
    Once you are still new in the market, the best advice is that you stay calms and let the professional traders teach you what you have to do. Aside that the new traders are still not having the knowledge of quality trading, their psychology of trading is still very poor. All these have to be looked into when the trader really want to be successful.
    Both the new and experienced forex traders have to stay calm, that is mandated so that the trader will not lose. It is easy to say that you will get income in forex field as an experienced traders, but there is no much indication to that if the truth is to be told. Forex traders will get to keep themselves informed and actively learning before they can narrowly be making income regularly.

  2. #832
    Trader
    Join Date
    Mar 2017
    Location
    Biafra
    Posts
    11,775
    Practice will give newbies the very possibilities of building a winning trade that can help them maintain profitable result. As a newbie you must understand the need to manage loss and try your best to increase your possibility of making real profits. If newbie can learn, they can have the possibilities to make profits from forex and can sure build up a great trade that would help them survive. The right strategy will be helpful and newbies can have the potential to really earn.

  3. #833
    Quote Originally Posted by ola4real View Post
    Both the new and experienced forex traders have to stay calm, that is mandated so that the trader will not lose.
    Staying calm during an open trade have to do with two things and they are how much of the knowledge of the forex market that you possess and the experience that you have gained over time, and above all how much of the risks that you have been able to expose your trading accounts most times. I believe that the best thing every newbies should be looking out for is not perfect trading systems but ways through which they can be able to learn how to trade and master the field of forex market because that is what makes them become better forex traders and earning money become easy.

  4. #834
    Trader
    Join Date
    Apr 2016
    Posts
    3,534
    For a good strategy newbies should learn strong chart patterns like pin bars, doji and also some strong indicators especially trend indicators. Another thing newbies should understand is they should not trade with real money until they have learned a strategy well enough. Bollinger band is an indicator that can help us earn good profits but first of all we should know how to use this indicator.

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