Hello friends, I am new to the business of trading, I am using the Profit software, I would like to know which operating strategy I can recommend, I read that it works great pivot point.
Greetings.
Greetings.
I am new to forex strategy I recommend following
- Thread starter ventasrokasa
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Hello ventasrokasa. I trade forex and stocks for my living in the last 10 years
I think it is a good idea and very happy when you come in this forum to share information.
I think it is a good idea and very happy when you come in this forum to share information.
Like the others said Demo first, there are a lot of good free systems you can find on forums and also some good systems/mentoring services you can pay for. The best advice i can give is pick one and demo it and see what kind of results you get. One system might work great for one guy and not work at all for the next. Find the one that works for you.
I'm new to Forex and I recommend why learning to trade - try investing in a good fund manager or Zulu trading and follow a good provider -
http://zuluforextrading.zulutrade.com
Thanks
Ariel
http://zuluforextrading.zulutrade.com
Thanks
Ariel
If you are new to Forex, you may want to learn as much as possible on the market, trading conditions and the essentials. There are a few detailed online resources you can opt for and once you're ready, start with a demo and not a live ac. Do a dry run for 1 mnth and see how you're doing before opting for a live account.
Before worrying about finding the best trading strategy, you need to actually learn about Forex. Then, when you understand the basics, you can try out different systems. Start off by trading a demo account, and use these systems as a learning tool. Forget about making money for now, that should be your medium to long term goal. Think of it like going to college or university. You should concentrate on LEARNING. The money comes later.
To get started, I suggest you go to BabyPips.
To get started, I suggest you go to BabyPips.
I've always suggested anyone to try it first on demo accounts. And then if you like what you have, go for Live Accounts. Go for the best signal providers that offers a lot of benefits that will also help your business grow. Don't be greedy, keep that in mind. No one will gain or profit always, there's always the ups and downs. And all you have is yourself to learn from the experience. Let's take for example my case, I chose Trade Copier, and started with the trial or demo account. For a week, I like what I tried. So from demo I have a Live account. And as of this writing I have more than a 100 slave accounts. It copies trade signals in 1 second. And I get to manage my accounts in real-time.
So think of a platform that you think will better benefit you. Understand the basics, learn from your experience and then get good things coming. Happy trading!
So think of a platform that you think will better benefit you. Understand the basics, learn from your experience and then get good things coming. Happy trading!
Start off with a demo account, and when you have traded it successfully over a period of time, switch to live trading. However, it is very important that you start small, even if you have plenty of capital. There's a big difference, psychologically, when you start trading with real money, even small amounts.
Personally, I don't believe in signal providers. I think it is far better to learn to trade yourself so you are not dependant on others.
Yes, patience is absolutely vital! Patience is something that can be developed with time and practice, and it must be mastered if you are to be successful.
