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    Thread: Suggestions for new traders

    1. #11
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      Default suggestions for new traders?

      my suggestions to all newbies are they must have a demo account to understand the forex well.They also have control on their patient and emotions.Forex is the business of cool mind.You must also vanish greed.

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    3. #12
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      first of all ,make sure you are capable of staying objective the whole time you are trading .by being emotional,you are
      actually jeopardizing your capital,it is difficult to make cool and calculated decision when you trade emotionally. it is completely
      natural to lose some money on traders .even the best professional trader still lose trades every once in a while .the most important thing is that you focus on the long term goal and be highly profitable in the last of the month .you also must
      avoid chasing your losses because it will only push to you trade emotionally and make you lose more money in the process.

    4. #13
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      Forex business is a risk for a new treader.My suggestion is that one employer must have a vast knowledge about Forex marketing business.So acquire knowledge and play this game.Thanks..........

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      Quote Originally Posted by didikjss View Post
      1. You have to learn, why? how can you run a business without knowing the ins - and outs of this business. By learning you will have a deep understanding of forex.
      2. Practice on a demo account
      You have to practice on a demo account so you get the experience of trading without losing real money. You can try a variety of strategies and learn a variety of market conditions.
      3. Do not give up
      Do not ever give up because loss is inevitable in this business. You must have a strong dream that makes you never give up in this business.
      4. Have a good character
      Without good character you will not be successful in trading. Although this business to make money fast you have to be a patient trader. Although businesses generate huge profits do not get greedy. Believe me sooner or later you'll be rich, do business with the best.
      Please share and like if you feel this thread benefits for you ... thx all ...
      yes I was with all of this but in the experience I had was patience is needed sometimes we keep making mistakes and trying to fix it but make new mistakes, do not give up it's true but we have to know ourselves before trading,,,,

    6. #15
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      I want to suggest a new trader who comes in forex trading business i think every new trader should learn more about forex related book and recognized the situation of the marked position and then practice more demo account and get proper knowledge and then open a real account that the new trader will be a good trader one day i believe.

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      new trader should be able to control their greed in trading forex. because there are a lot of beginners feel confident with all their decisions without properly manage the trade management so that they get is a failure

    8. #17
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      my suggestions for the new trader . first time you will be open a demo account and start to practice and you will be open a forum posting account so here to discus any topics to Forex trading so it is the great way to learn of Forex trading. do not trade long .

    9. #18
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      Quote Originally Posted by tamata View Post
      new trader should be able to control their greed in trading forex. because there are a lot of beginners feel confident with all their decisions without properly manage the trade management so that they get is a failure
      not only new trader but all traders need to control their greed in trading forex but you right mostly is beginner who still have greedy in any trades they make. its becauae they think forex is money making machine so i suggest for beginner dont think forex is money making machiine for you which can give you as much money as we can and anytime

    10. #19
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      Good suggestions for new traders namely that you may fail but that does not mean that failure will make you become pessimistic and hopeless because the market is always moving and there are still plenty of chances for you to get ahead.

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    12. #20
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      yes i agree with you suggestion and thanks for this and i think knowledge is very important for our success in forex trading without knowledge every business in the world is very risky so keep knowledge before start forex trading.

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