3 tips to beginner forex traders

Uaredaty

Active Trader
Jan 19, 2019
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3
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Absolutely necessary is experience. Learn basics of Forex and trade as much as possible, search the way to improve your strategy and learn from your mistakes. In this way you will be able to build your skills as a trader and make sustainable profits
 

btseen

Banned
Jan 17, 2020
42
14
19
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1. Don't let the emotion get the best of you
2. Trade with patience and discipline
3. Learn how to have a good money management
 
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Reactions: momo3HC

AKFX

Trader
Mar 5, 2019
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0
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35
A lot of good advice in here, personally understanding and applying trading psychology was the best step i took
 

Zeenat shein

Banned
Apr 11, 2020
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Keys points for a great start is 1. Adequate and sufficient knowledge to trade 2. Fundamental and Analytical skills 3. Learn and adopt strategy. Importantly also be mentally and emotionally stable while hard times.
 

Lustmust

Newbie
May 4, 2020
2
0
1
26
  1. Understand the differences between a demo and a real account.
  2. Don't choose your online broker because it offers the most aggressive promotion. Look for a serious, reliable broker that fits your needs
  3. Operate only with an amount of money you are willing to lose.
 

Oswald

Trader
Apr 12, 2019
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Victor, it would be more useful to tell us which strategy and trading method you are using in order to get answer which indicator to use. Not all indicators are good for different trading methods