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    Thread: A Guide For The Newbie Forex Traders (part 5)

    1. #31
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      If you are a new trader in Forex and you want get success in Forex so You need to just follow the mt5 forum because mt5 forum is a place where a trader can get everything of Forex which can help him to get success in Forex. So I want to talk to all new trader just follow mt5 forum for makes a expert trader and a expert trader can easily earn from Forex.

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      Quote Originally Posted by newdream365 View Post
      If you are a new trader in Forex and you want get success in Forex so You need to just follow the mt5 forum because mt5 forum is a place where a trader can get everything of Forex which can help him to get success in Forex. So I want to talk to all new trader just follow mt5 forum for makes a expert trader and a expert trader can easily earn from Forex.
      Well, my dear friend I tin you are right, yes the mt5 forum is a place to be a long as we are a trader, information I is beyond important in this line of work, and information we get in this forum is priceless, and aside from that we get to lean from one another which is the most important thing for us

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    4. #33
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      Yes a newbie trader must use small leverage,but more importantly they must learn to analyze market first,as when they have clear understanding of market then only they will be able to identify trend and so they will be able to make profits.They must learn to use indicators to identify right entry and exit points.They must also learn to use stop loss properly.

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      tradwin (01-14-2018)

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      The most important thing to learn before you start trading on a real account is how to manage your account and protect it from the risks, and then learn how to control yourself and protect yourself from greed and addiction to trading, after learning these two important steps we can say that we cut 50% of the way to success Forex Trading.

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      jariman (01-14-2018)

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      a beginner is awry. when they are wrong in stepping, just pursuing profit targets, it is definitely only the loss they will get. for that, as a beginner, the first thing to do is learn, how to be a good trader. you have to improve the skill first, before dreaming to achieve consistent profit. you can also learn from successful traders, as a motivation.
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      Before any other thing, newbies should learn to demo trade for a very long time before they should ever think of doing real trading. Greed, coupled with impatience, is always the Waterloo of most newbies. They want to start making profits without learning the basic things in Forex trading, and this is absolutely wrong. They should take it easy by learning first before thinking of earning.

      For more information on how newbies need to guide themselves to successful trading, read http://forum.mt5.com/showthread.php?...become-experts
      BE WEALTHY IF U WANNA BE !
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      THE CHOICE IS YOURS !!!

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      Quote Originally Posted by showrav View Post
      I think a new Forex trader should follow some basic rule of Forex business. Those are use low leverage like 1:10. learn how to manage money management. Follow the expert trader for learn how they analysis the market . If you fully new in this area you may do copy Forex and it is safe than inexpert trade. Never greed in this business,greed is the main reason of loss.


      While it will help for a new forex trader to follow the rules, it will even be more relevant for a new trader to invest more time and efforts in learning and practice, that will provide the much needed skills and experience necessary for profitable trading.
      THE POSSIBILITIES IN FOREX TRADING ARE INFINITE, YOU CAN ACCOMPLISH ANYTHING !

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