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Thoughts of a beginner

  • #61
  • Apr 21, 2020 10:03am Apr 21, 2020 10:03am
unpredictable market, it a very common line , and the solution also common and simple . just keep learning with cool mind , dont hurry when time to learn , we should remember there is no short cut way of learning.
  • #62
  • Apr 22, 2020 12:15pm Apr 22, 2020 12:15pm
I've always had a dream of learning the financial markets. I don't really know why I chose Forex. I guess I was just following my instincts when I made the choice. Now, I've been learning Forex for about 45 days straight (3-5hrs daily), and started demo trading 2 weeks ago. Wow, this is a great way to work on your patience skills and test anxiety! I'm loving the journey so far, specially because it's aligned with one of my big goals in life currently - To learn something new and develop my patience skills. I just started reading Forex Factory daily and I'm blown away with the amount of amazing content. I'm excited and looking forward to be able to trade with a real account. No rush - patience is my game now!

Thank you all in advance for all the shared knowledge!
Stay healthy out there!
  • #63
  • Apr 22, 2020 6:43pm Apr 22, 2020 6:43pm
Quoting davespink
Hi, As you can gather I'm new at this ;-). First, I want to say this is a great forum as everyone helps eachother, with a high level of friendlyness, so I'm glad to be hear. I've been reading books and playing with a forex demo account to get the mechanics of trading right as well as trying to spot some patterns and trying a few strategies. I found the amount of advice from books and the net overwhelming, so I took a step back and tried to cut this business back to the bone, and come up with some facts I could be sure of. I expect the following...
This can work, if you stick with it.

How profitable will it be? That is for you to find out.

Good luck.
  • #64
  • Apr 23, 2020 11:30pm Apr 23, 2020 11:30pm
Quoting dany2019
{quote} Well i think one screen would be enough if you are a newbie. More screens would just make things complex for you in the start.

Thanks Dany
  • #65
  • Apr 24, 2020 9:33am Apr 24, 2020 9:33am
there is any beginner who is still trading in this situation ? if there is , please let me know
  • #66
  • Apr 24, 2020 10:20am Apr 24, 2020 10:20am
Probably plenty of newbies are trading but hopefully only on demo accounts.
  • #67
  • Apr 24, 2020 1:00pm Apr 24, 2020 1:00pm
Quoting narafa
Well, I am not sure of what you actually did, but I think that you created a small situation to simulate the market, is that correct?? Well, I have a small pdf file for Joe Ross which I want you to read and then post back your opinion All what I can say in brief before you read the pdf, is that your software or program or computer is seeing what you want it to see. It sees only what you programmed it to see, and that's the greatness of the Human Mind or Brain over computers and all machines. Thanks, Nader {image}
Are you a very experienced trader now??
  • #68
  • Apr 25, 2020 10:57am Apr 25, 2020 10:57am
That post was made back in 2005, I have little doubt that they have gained plenty of experience since then.
  • #69
  • Apr 25, 2020 2:30pm Apr 25, 2020 2:30pm
same to me , same doubt i have also, very very old post almost 15 years back.
  • #70
  • Apr 27, 2020 10:56am Apr 27, 2020 10:56am
very long time i was not in Forex Factory Forum, missed you a lot my all friends above all who are always active in there. how are you guys ?
  • #71
  • Apr 27, 2020 11:11am Apr 27, 2020 11:11am
Quoting samuilaslam
{quote} Are you a very experienced trader now??
actually this question is not relevant according to me, because in this stock market there is no one who can consider himself as a experience trader even though after passing a very long time.
  • #72
  • Sep 11, 2020 8:00am Sep 11, 2020 8:00am
Quoting SouthernFried
It seems like tossing a coin would be a similar analogy...basically 50-50. You'd be hardpressed to increase the odds by increasing your knowledge and study. I believe you CAN increase your odds with knowledge and study in Forex. In fact, I know it's true. I'm hoping with a little more experience, and continued study, I can improve them even more. In fact, I'm counting on it.
That’s true. There is no place for gambling. Gambling can brig you short time success but for long time knowledge and skill is required.
  • #73
  • Sep 11, 2020 8:57am Sep 11, 2020 8:57am
There are plenty of places one can gamble online for better or worse, but forex should definitely not be one of those places.
  • #74
  • Sep 11, 2020 12:10pm Sep 11, 2020 12:10pm
Every trader wants to make money from this market. Beginners also try to earn money as much as possible in a short time. This is the main problemof them. Forex is for those who can remain patient in their trading. So, be patient and try to use your brain and experience to make money from this risky market.
  • #75
  • Last Post: Sep 13, 2020 9:10am Sep 13, 2020 9:10am
Quoting HajiMohsin
unpredictable market, it a very common line , and the solution also common and simple . just keep learning with cool mind , dont hurry when time to learn , we should remember there is no short cut way of learning.
Exactly there is no short cut to learning. Most people try to learn it in 3 months. They are not ready to spend long time for learning. They think it's waste of time. As a result they lose money again and again.
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