Guidebook for trader begginers - Page 244
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Thread: Guidebook for trader begginers

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    Super Moderator RoboForex Trader's Avatar
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    Guidebook for trader begginers

    Dear trader begginers!

    By this branch we open category, which will be called "Guidebook for trader begginers" Here we will try to cover briefly and concisely all the issues related to trading, which you should pay attention to before you open an account. This column is intended for those who have not experienced the financial markets and stock trading, but has an interest in this type of activity.

    Information materials will be arranged in the format of questions and answers.

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    Trader Sascha's Avatar
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    Quote Originally Posted by Abhishekwala View Post
    Any business needs experience and in every business those more skilled make most money and keeping this mind we have to plan our progress in Forex. We can improve and we have to work our best to improve because this is how earning in Forex is ever possible. As a matter of fact reading alone will not be sufficient in Forex business, we need a strong psychology to implement what we read and understand.
    realize the fact that every business has their own risk and reward, nothing provides us free reward without risk. doing things randomly will proceed us to get unstable result, most of time we'll get bad result. always do things with a positive mindset from the beginning we begin in this forex trading, it's important to keep us stay sane and want to learn for more even after we're losing our money.

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  3. #2432
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    The beginner trader should really take time to understand the business. Beginners should also know that there is a great difference in reading and actually be practical about the business so that they ain't gonna be all about reading about being a trader, so that they can also give time and then learn on how to be a good practical trader.

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  4. #2433
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    The beginners needs to understand the guide they need to become successful with. One of the things is that they should take learning from the demo account so much seriously, that is one of the most important thing really. The other thing is that the beginners should not be in a hurry to make money, but they should be consistent and patient with the strategy that works for them.

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  5. #2434
    Trader Toyen's Avatar
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    Quote Originally Posted by Real View Post
    The beginner trader should really take time to understand the business. Beginners should also know that there is a great difference in reading and actually be practical about the business so that they ain't gonna be all about reading about being a trader, so that they can also give time and then learn on how to be a good practical trader.
    It is not a good thing to start trading the market without traders fully understanding what they want to do in the market. I believe that every way necessary are the ways the beginners should exploit in gaining more experience about the market. It is better to learn with books and train what we have learned through the demo account, that is how i know traders can have faster experience to trade the market rightly.

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  6. #2435
    Trader layigold's Avatar
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    It is interesting we have a thread that is dedicated to beginner traders in this forum where they are taught the basic of forex trading which can help their assimilation as they read some of books written on forex. The summary of it all is that everything boils down to learning because how much you know as a forex trader determines how far and high you reach in trading industry. You can't just fold your arm and expect things to happen , it doesn't work that way, you are the one to make things happen by being properly guided by all the necessary wherewithal.

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  7. #2436
    Trader Silhouette's Avatar
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    Quote Originally Posted by layigold View Post
    It is interesting we have a thread that is dedicated to beginner traders in this forum where they are taught the basic of forex trading which can help their assimilation as they read some of books written on forex. The summary of it all is that everything boils down to learning because how much you know as a forex trader determines how far and high you reach in trading industry. You can't just fold your arm and expect things to happen , it doesn't work that way, you are the one to make things happen by being properly guided by all the necessary wherewithal.
    Many examples can be found all over internet, beginners has to be flexible person to get as many knowledge as they can from various sources. Keep in mind that finding many knowledge is easy but determining which one that's mostly suitable for us is the real challenge. No need for them to seek for core guides or anything like it, simply pay attention to what brokers always tells in the bottom of every website they got. Forex trading is a risky business and losses may exceed your capital.

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    rules made to be followed, not to be broken

  8. #2437
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    The guide to being successful and profitable trader for beginner is to learn most of the ways of trading though practice, apparently, don't get used to reading a lot of things about the market. But be more about the kind of trader that will take a step forward, use the demo account to learn, master it and then put it to practice, that is the kind of trader we should be.

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  9. #2438
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    Quote Originally Posted by Brain View Post
    The guide to being successful and profitable trader for beginner is to learn most of the ways of trading though practice, apparently, don't get used to reading a lot of things about the market. But be more about the kind of trader that will take a step forward, use the demo account to learn, master it and then put it to practice, that is the kind of trader we should be.
    Yes we need to learn but not just keep reading we also need to practice what we learned and see how things work. So all the three form a vital components for success; learning, practice and experience and all should be stressed by traders. As beginners we do have a long journey to go and a lot to improve, in beginning we know little and make many mistakes.

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  10. #2439
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    The ways of being a good trader is not going to be obtained so easily, I mean there have to be some level of learning and then some level of good trading discipline for the trader to become profitable in the market with. beginners have got to understand the market in the right approach and all that. You need to see that success takes a whole lot of time and on the other hand, the best learning is done by practice.

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  11. #2440
    Trader Yayami's Avatar
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    Quote Originally Posted by Makaveli View Post
    The ways of being a good trader is not going to be obtained so easily, I mean there have to be some level of learning and then some level of good trading discipline for the trader to become profitable in the market with. beginners have got to understand the market in the right approach and all that. You need to see that success takes a whole lot of time and on the other hand, the best learning is done by practice.
    our stories and experience are written well, carved by our results and trading history. we create our path of trading with everything we got from internet and from other educational threads like in this forum. beginners may follow what we've done or create their own successful story from pain of loss and mistakes they must do themselves with both their demo and real account. people knows their limit and let them create their own rules to obey.

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