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  • #141
  • Mar 16, 2019 10:45am Mar 16, 2019 10:45am
Quoting Infassen
Risk management is one of the most important skills that a trader must possess and make perfect. Managing risks is very possible, and you must never risk more than 5%, in fact, 2% is okay for new traders. To manage your finances, always use a stop loss when trading and do not overtrade the market
I have even seen people say that newbies shouldn't risk more than 1% of their account on any given trade and I tend to agree.
  • #142
  • Mar 16, 2019 9:24pm Mar 16, 2019 9:24pm
Hola everyone

I discovered forex this month, id like to learn more about it

which thread would you recommend for beginner?

gracias
banging alphadudes wife
  • #143
  • Mar 17, 2019 9:36am Mar 17, 2019 9:36am
Quoting Cantinflas
id like to learn more about it which thread would you recommend for beginner? gracias
//-----

hey cantinflas...... avoid threads...... read people..... such as to name a few.......

enivid.......

therealthing.......

there is no better beginning......h
to trade and code, keep both simple... no call to impress....h
  • #144
  • Mar 18, 2019 10:53am Mar 18, 2019 10:53am
Quoting Cantinflas
Hola everyone I discovered forex this month, id like to learn more about it which thread would you recommend for beginner? gracias
as a newcomer first of all you have to join pre school level in baby pips forum which is really supportive for newcomers , besides this learning approach you must try to continue in a demo account. good luck
  • #145
  • Mar 18, 2019 11:46am Mar 18, 2019 11:46am
demo is good for all kinds of trader above all newcomers but newcomers lost interest from here after passing sometimes , , for that reason sometimes i prefer micro account instead of demo.
  • #146
  • Mar 18, 2019 2:16pm Mar 18, 2019 2:16pm
Quoting hayseed
{quote} //----- hey cantinflas...... avoid threads...... read people..... such as to name a few....... enivid....... therealthing....... there is no better beginning......h
thank you my friend

i suscribed them
banging alphadudes wife
  • #147
  • Mar 18, 2019 2:18pm Mar 18, 2019 2:18pm
Quoting BenDunk
{quote} as a newcomer first of all you have to join pre school level in baby pips forum which is really supportive for newcomers , besides this learning approach you must try to continue in a demo account. good luck
i didnt know about forex school level, i will look it

thanks my friend
banging alphadudes wife
  • #148
  • Mar 18, 2019 2:19pm Mar 18, 2019 2:19pm
Quoting NathanAstel
demo is good for all kinds of trader above all newcomers but newcomers lost interest from here after passing sometimes , , for that reason sometimes i prefer micro account instead of demo.

i think ill start demo, when i improve, ill do micro, and if all good then real account
banging alphadudes wife
  • #149
  • Mar 19, 2019 9:49am Mar 19, 2019 9:49am
Quoting Cantinflas
{quote} i think ill start demo, when i improve, ill do micro, and if all good then real account
A perfect plan; hope you have a long term view on learning! All the best, mate! Keep updating us on your learning process.
  • #150
  • Mar 19, 2019 11:02am Mar 19, 2019 11:02am
newcomers always fall a great trouble when choosing a broker ,
because so many brokers are available in this market place and
most of them are found to be scams.
  • #151
  • Mar 19, 2019 11:50am Mar 19, 2019 11:50am
Quoting GeorgeBaile
{quote} A perfect plan; hope you have a long term view on learning! All the best, mate! Keep updating us on your learning process.
thanks for good wishes my friend

lets hope all goes well
banging alphadudes wife
  • #152
  • Mar 19, 2019 11:51am Mar 19, 2019 11:51am
Quoting BenDunk
newcomers always fall a great trouble when choosing a broker , because so many brokers are available in this market place and most of them are found to be scams.
i think i read brokers regulated in cyprus r not trustable?
banging alphadudes wife
  • #153
  • Mar 19, 2019 12:00pm Mar 19, 2019 12:00pm
there is any newcomer who got success in news trading ?
as a newcomer i lost vast of money during news .
  • #154
  • Mar 19, 2019 12:01pm Mar 19, 2019 12:01pm
I don't think that newbies do well with news trading in general. It's better to avoid doing that until you've accumulated some experience.
  • #155
  • Mar 19, 2019 12:46pm Mar 19, 2019 12:46pm
Quoting mlawson71
I don't think that newbies do well with news trading in general. It's better to avoid doing that until you've accumulated some experience.
maybe instead of trying predict news, wait for the data to get into market and trade the trend
banging alphadudes wife
  • #156
  • Mar 20, 2019 11:29am Mar 20, 2019 11:29am
Quoting Cantinflas
{quote} maybe instead of trying predict news, wait for the data to get into market and trade the trend
That’s the strategy I have been following since 2014. I had very ordinary success result on news trading, that’s why now I close all of my trade positions during the high voltage news sessions.
  • #157
  • May 9, 2019 3:05am May 9, 2019 3:05am
only trading strategy can bring profit with consistently i don't believe , including powerful strategies there is need powerful money management. actually its a combination ,
  • #158
  • May 17, 2019 7:08am May 17, 2019 7:08am
managing money accurately is a tough thing in trading , because there is nothing 100% in here and most of the time market moves at random , but with regular practice including great discipline we can manage our money in a proper way.
  • #159
  • May 17, 2019 3:05pm May 17, 2019 3:05pm
Quoting Cantinflas
{quote} i think i read brokers regulated in cyprus r not trustable?
I guess its a wrong perception and btw no broker can be trusted just trust your own self and diversify the portfolio, keep the necessary capital with the broker by withdrawing the profits regularly.
  • #160
  • May 18, 2019 7:12am May 18, 2019 7:12am
Hi, I’m newbie I’m using FX Trade Station in demo version - can I get any advice there’s any indicator or expert whatever it shows in the chart the candles time left until closing on any time frame?

thanks for ideas
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