Forex beginners

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Thread: Forex beginners

  1. #1
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    Default Forex beginners

    Forex beginners
    The beginners have to choose the broker that is more appropriate to the concept of trading that will be used , if you love scalping should choose the broker that allows trading concept such as this. Practically in spite of a profitable trading policy scalping cannot use in a proper way due to many restrictions in many trading brokers.

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    The best thing for novice traders is that you don't need a lot of capital to start trading forex. Forex brokers require on average around $100 to open an account and start trading, but there are very attractive standard, micro and even cent accounts with initial deposits starting from $1

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    If you want to make profit b y scalping, first of all you have to ensure the lowest trading spreads. devoid of lowest trading spreads thats not possible at all to make profit by scalping at all in spite of good trading knowledge.

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    Forex is a little bit challenging to the beginners because they are not well known of the environment of Forex trading. As a result, some new traders trade haphazardly and some others fear of trading. Both the issues are harmful for traders because newbie traders should keep practicing in demo account more and more.

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    vo van hôm trước vừa qua chỗ bác n*y mua xong dùng mấy tháng rồi vẫn thấy ok

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    Beginners should trade demo account minimum for 3 months for acquiring real trading experience which is very supportive to continue a live trading in a proper way. but they dont believe the importance of this trading place at all. so it would be better if they start minim live account instead of demo trading.

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    I agree. And even if you're using just a demo account, it's still a good idea to stick to properly regulated companies, since their demo and live accounts tend to be identical.

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    Forex is like a thorny street for beginners as they initially dont have sufficient trading knowledge. They make mistakes and they are ignorant of terms and conditions of the Forex market. This is the reason Forex seems scary to them and they also remain in confusion what they should do and what they shouldnt.

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    vớ vẩn Hóng

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    in ro ham eslah kon:
    Quote Originally Posted by Peter Suh View Post
    Forex is like a thorny street for beginners as they initially dont have sufficient trading knowledge. They make mistakes and they are ignorant of terms and conditions of the Forex market. This is the reason Forex seems scary to them and they also remain in confusion what they should do and what they shouldnt.
    More importantly I have seen that many lack the patience to learn before they begin. They come up here, listen to success stories and think it's that easy, but boom they start losing and quit.

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