Now this time I am a baby for Forex forum. When I first started out, I don't know how money management was even used. Once I thought i knew about the charts I would just jump right into it.
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Now this time I am a baby for Forex forum. When I first started out, I don't know how money management was even used. Once I thought i knew about the charts I would just jump right into it.
do not believe that a newbie synonymous with loss, because trading is not a matter of time, but rather on mental problems and patience which is innate and karekter everyone's life. A newbie if you learn and practice seriously can certainly beat and more successful than his senior if he could be patient and always trading in good mental, so the point is on the mental development of a good trader on seniority within trading
basically all going to start as a newbie, because it's every newbie has the same opportunity to achieve success. is important so that we can achieve success, is we should always strive to learn and hard, we have to realize that forex trading is not easy, and if we fail, never give up, but to learn from these failures. because learning from mistakes is a very good thing for us.
i think only 5 % new bie can success in forex trading because most of new bie dont have good
trading strategy and good money managment so they can not make profit consistenly with their real trading account.
Its not good to expect from a newbie to succeed in the forex market at once. Because the success in the forex trading business is a ****ual process and one should wait with patience to achieve this state in the forex trading. Slow and steady is the way to climb up the ladder.Quote:
Originally Posted by endischa
it is true, that if someone remains in a state of cold lump of it will be able to control the style of trading
otherwise if not then it will lose money in the younger very short time.
When I main ongoing available, I didn't know how money management was even used. Once I opinion i knew not far off from the charts I would simply leap straight into it. Bad misapprehend for the reason that currently I know with the aim of money managment is crucial to it. You enjoy trade the same way and enjoy approximately enjoyable jackpot and losings but it's all not far off from how it tops up by the stop of the calendar day....
mere khayal se new traders loose karta hain start main kyon ke unko yeh nahi pata hota ke trade kaise karni hai aur woh blind trades karta hain woh bhi without any stop loss yehi waja hai ke unko loose hota hai is market main lakin time ke saath saath unko experiance ho jata hai is market ka
i am not too much old in the market of forex and base on my experience i can say that there are lot of newbies who are misleaded to get the more quick money from the market but the end result is that they are losing the money in this market as well.
All you need to do read and read and read about forex.
open and trade in demo account for enough time. If you are satisfied, open real acc, deposit money you can afford to loose. in case you lost it.
when trading (this is a must) set your stop loss and take profit, stay away from your PC, after enough time check your PC. to see the result.