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    Thread: Suggestions for new traders

    1. #21
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      For my suggestions are a new trader who are newbie in forex at first practice demo account more and you have to gather more experience and knowledge and you have to know proper money management and strategy then you can start real account without knowledge you do not start open real account that you will not able to gain in forex trading but gaining knowledge you will be able to get more profit.

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    3. #22
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      If you are a new trader in the forex trading business then at first you need to learn because without learning you can not be a trader. If you try to trade without knowledge then you will loose.

    4. #23
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      If you are a forex trading business first and then learn a new business you need to learn a trade because you can not be without. If you try to start a business without knowledge, then you will relax.

    5. #24
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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 ...

      very complete what you write here, that can be read and understood by the newbie that forex is not a business that promise you to get rich quick,. yet to understand and pass through several stages as you write.

    6. #25
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      First of all, new traders should learn about what is forex and how does traders get benefited from it, after that new traders should practice a lot in their demo accounts to gather proper experience and knowledge regarding trading, and finally traders should always analyze market news and by following these, try to forecast market movements. Thanks.

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      I am also a new trader in forex trading, guys. so I am giving advice to not experience the same thing I was bleak. losing money continuously. we have to manage our risk management and money well because it is key for us to be able to better results

    8. #27
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      if you are a new trader, you need a lot of practice. I started to learn trading the manual way, I think this is the best way. learn technical and fundamental analysis. and money management manually. I'm not trading with a robot. for my manual trading method is best suited to me

    9. #28
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      Quote Originally Posted by perkax1 View Post
      If you are a forex trading business first and then learn a new business you need to learn a trade because you can not be without. If you try to start a business without knowledge, then you will relax.
      all it must be based on the knowledge, time we do not know anything and was not thinking that in any business it does require knowledge and experience.

    10. #29
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      your are right brother.new traders need learn first for start forex life.they need gain practical experience before start real trading in forex.they can start demo practice for gain experience and demo practice is need for them.they can start trading with low capital and using low lot.

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      there are few things to learn for a newbie.
      1-demo account
      using demo account,he will be able to understand the risk of the market and the condition of the market without loosing the real money.
      2-Should not give
      losses are the part of life so having feared, he should not give to trading.

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