Normally, as I think, strategie are developed mostly in the process of practising on a demo account. The more we study the market the more we understand and with time we will develop a working strategy for our own style of trading. There are thousands of strategies out there which can also be tested, but one may be lost and get confused if one is jumping from one strategy to the other.
i think start trading small amount and don't take high risk and don't use more than 20% of your capital in one trade , don't become greedy seeing too much profit, don't over trade,control your emotion in trading time , use volume like 0.1.when you get a good profit with draw it as quickly.
New comer ( beginner ) in forex trading should maintain some strategies for a suitable trading. Where I will prefer for GBP/USD peer because its graph/indicator showing market is good for trade. Also keep in mind within small capital the new sell/buy order volume should be .02 cent or .05 cent to be safe trade. also after the new order its wise to set Stop loss at the same time. Also pick up your profit from the market on time. Thanks.
Forex is a completely different market and usually new comers and beginners face problems in starting and moving to a good trading condition, what methods and strategies should be followed by new traders to overcome these problems ?
That is real but don't you think if they just keep on getting low john how'll they comprehend the truth of Forex's risky industry I know its too beginning to say but I think you can't comprehend snorkeling in a discuss at least, individuals should discuss encounters here so that new individuals can comprehend.
I think that no one can answer the question accurately simply because there is nothing at all, or virtually any method that usually will work for everyone. different people have different campaigns, and the pattern of trade in such a method that will work in my opinion, we can meet your needs, so that you get a lot of method, you'll probably need to test a specific bank account.
In case of a new trader in Forex you should accrue a lot of knowledge about Forex trading.Knowledge is the main fact to earn from Forex trading.So accrue knowledge and earn from Forex trading.Thank you.
for starters it is not yet in use that name strategy for beginners is expected to learn the really really and of course had to use a demo account first,Quote:
Originally Posted by mohammedazam
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That is true but don't you think if they just keep on taking low rick how'll they understand the reality of Forex's high risk market.After you mastering this strategy, you can change the indicator and start to mastering it again.