Fx beginners

Page 1 of 2 12 LastLast
Results 1 to 10 of 11

Thread: Fx beginners

  1. #1
    Senior Member
    Join Date
    Jul 2020
    Posts
    334
    Thanked: 0

    Default Fx beginners

    Fx beginners
    Forex trading is easy to start. That’s why many traders are joining the market daily. Moreover, in 2020 forex trading activity increase due to covid-19 lockdown. However, the newest trader often loses money in the market due to a lack of knowledge and skill. So, trade develops their skill and learn trading from the demo account. All forex broker like Eurotrader provides a free demo account.

  2. #2
    Senior Member
    Join Date
    Apr 2016
    Posts
    578
    Thanked: 0

    Default

    There are several reasons forex can be an attractive market, even for beginners who have little experience. This means that traders can get into the market at any time of day, even when other more centralized markets are closed. Beginners can get started with a micro account for as little as $50. Before you start jumping in you should familiarize themselves with the market and terminology of the forex market, and if you've already been trading stocks online it should be easy to get started. Below is a list of terms you should learn.

  3. #3
    Junior Member
    Join Date
    Feb 2019
    Posts
    9
    Thanked: 0

    Default

    I started Forex with a broker called Forexchief. While many of my colleagues were complaining of how bad their broker was I was enjoying some comfort with my broker. Forexchief never delays my profit withdrawals and always honor my stop loss and take profit orders. The platform is really fast. I was so luck as a beginner 2 years ago. I am still with this broker till date.

  4. #4
    Senior Member
    Join Date
    Jan 2020
    Posts
    359
    Thanked: 0

    Default

    One must need to be very emotionless when trading in Forex market. Because Forex market is a professional working place and it is very dangerous so if you take your decision emotionally you will lose. My credible broker Tpglobalfx provide me free education on how to trade emotionless and how to develop trading skill gradually. They also give expert assistance to their entire clients. Now I can take my own decisions.

  5. #5
    Senior Member
    Join Date
    Feb 2017
    Posts
    932
    Thanked: 1

    Default

    If you want to get maximal result from this market place first of all you have to choose the right broker, because in spite of good trading knowledge that’s not possible at all to lead a healthy trading life without having a reliable support from a trading platform, because the broker can affects the result of our trading with certainly. By the way now I am comfortable with LQDFX which is regulated and for all time make sure a wide range of trading technologies. And they ensure security of funds at any deposits. So, I for all time feel secure when trading.

  6. #6
    Senior Member
    Join Date
    Jul 2020
    Posts
    291
    Thanked: 1

    Default

    Knowledge should be acquired to start trading. If proper knowledge cannot be used, successful trading is not possible. A trader can gain a lot of profit if he can develop skills. Every trader should collect trading information and research online or from different sites. The more education you can acquire, the more profitable you will be as a trader.

  7. #7
    Senior Member
    Join Date
    Feb 2017
    Posts
    932
    Thanked: 1

    Default

    Loss is an inevitable part of trading there is nobody who can avoid it completely; mostly loss occurs due to lack of exact money management plan as well non-skill trading knowledge. So, for avoiding loss we have to focus on there.

  8. #8
    Senior Member
    Join Date
    Jul 2020
    Posts
    306
    Thanked: 3

    Default

    Most people come here to get a quick rich. And too with very little investment whereas any other good business needs a large amount of money. Most traders treats forex trading as gambling. It is the consistent profits that matter a most. Monthly 3 to 5% return is huge for retail traders where as big company's yearly return is 5 to7 %. So treat it as a business if you want to survive for long in the market. I trade with Eurotrader that pioneered the offering of an MT4 platform with trading execution quality in mind. Trade on an MT4 with No Requotes, No Rejections with flexible leverage up to 1:500.

  9. #9
    Senior Member
    Join Date
    Jun 2020
    Posts
    337
    Thanked: 0

    Default

    The gap between buying and selling is called spread. It addresses brokerage advantage costs and replaces transactions charges. Spread is for the most part implied in pips – a rate in point, which implies fourth decimal place in currency reference. Following sorts of spreads are used as a piece of Forex Trading. I have the low trading spread from 0 pip with my broker Forex4you. It offers a wide range of services. They have over hundreds of trading instruments including forex, shares, futures and cryptos.

  10. #10
    Senior Member
    Join Date
    Oct 2018
    Posts
    412
    Thanked: 0

    Default

    in ro ham eslah kon:
    Knowledge and experience are essential in forex trading. Anyone should have some basic knowledge about forex trading. FreshForex has an education section for beginners called Forex literature. Where i can go through different sections such as fundamental analysis, technical forex analysis, money management and trading psychology and lots more. It has the educational guideline and strategies for beginners and professionals as well as it has an advisory shop from where you can download free books about forex.

Similar Threads

  1. How Forex become easy for beginners?
    By israr_ali in forum General Forex Discussion
    Replies: 14
    Last Post: 09-30-2020, 05:28 AM
  2. beginners may have questions
    By William Wesson in forum General Forex Discussion
    Replies: 2
    Last Post: 02-24-2019, 05:06 AM
  3. For beginners
    By William Wesson in forum General Forex Discussion
    Replies: 5
    Last Post: 09-24-2018, 01:32 PM
  4. Ethereum for beginners
    By marcopolo11 in forum General Forex Discussion
    Replies: 2
    Last Post: 03-22-2018, 08:57 PM
  5. 6 books for the beginners
    By faroq in forum Forex Beginner's Forum
    Replies: 3
    Last Post: 07-21-2016, 11:00 PM

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Join us