New to forex Tips and Advice

what you thinking about reputed broker , can you explain more about ? most reputed brokers dont allow comfortable trading spreads which is mainly considered as a major financial tool when newcomers choosing a broker.

My only tip to newbies will be to not allow fear or greed to enter in your trading.

If you are a new trader, you need to learn first. Then you will practice the demo for a while. After the demo practice is over, then you have to open a cent account and take part in trading. If you don't have proper knowledge of your trading, you will never be able to make a profit in trading. So first you need to know about trading. Then there will be real accounts.

Thanks for the great tips!

I definitely think the most important!

New traders should practice on a demo account first before enter into the real market with their money. Because without any practice they can lose their money by taking wrong decisions.

Earning in Forex is not so easy and it needs a lot of hard work to make good earning. First, you need to learn the Forex basics and after it do some good practice with demo account with your broker, which helps a lot to you gain some good experience and this experience of demo trading will help you a lot to become a successful trader.

If you are new in this market you have to learn all the basics of Forex properly before entering into the risky platform. Without any knowledge you can not survive in this market.

Trade, don’t gamble. Trading needs a plan, you have to strictly follow the parameters you have set for trading. Many new traders lose heavily because they hold on to a losing position hoping that market will move in their favor. This is gambling. Don’t hold a losing position, take your loss and move on.

I add to the tips that having a clean screen with the minimum of indicators, price action is the most important

Repeating patterns are key

I think that when one starts in forex it is like a casino, it is 50% and 50%, I imagine that when one finishes polishing the strategy it can be 85% 15%

I suggest all the new traders to gather knowledge first before enter into the forex market.

Trading and learning on a demo account is the best approach, in my opinion.

Totally agree with this