And also, you can trade forex through your android/iphone with MT4 for mobile phones. Just train yourself well in demo account and dedicate yourself to learn more.
Risk management is a must to prevent bigger losses in trading, you may want to put SL in every order you put or you take an action to cut your losses. Personally, I always wait for several hours if I got some losses to prevent some revenge orders.
This is the best place for newbies to adapt themselves with lots of things about forex trading, but sometimes, some newbies ignoring this importance and going to live trading without any proper preparation (both knowledge and experiences).
It's okay, at least you're doing it. Keep it up!
Agree!
We need to recognize the pros and cons of ourselves in trading so we can maximize our own trading potentials and managing our risks as well...
Sure thing, it's still rare to find an honest Binary Option broker. In forex, you could develop yourself (not just risk and money management in forex, but also both of them in your daily life) and be wiser...
Most of newbie traders would go train themselves in demo account, learn how to analyze in order to make a profitable trading. There's no difference between demo and live account but funds, you wouldn't get any cash even if you made $100k profit in demo account :D
Agree! I always take a break from my trading to prevent any reckless 'revenge'. Evaluate every steps (both profits and losses) because experience is the best teacher...
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