New members of market hae to raise their worldwide in trading because this will help them to think differently and always be in good trading condition with giving variety types of ideas which will help to them to develop their trading results and trade perfectly.
the priority of newbies should be to get a stable position in the market whether they earn or not. they must not at once go for earning profits because they have too much more to do first. the survival is the most important thing for the trader and demands more attention then profits.
Before the newbie will be able to make money and become profitable they need to know the basics so therefore without knowing the basics there is no way to make money from forex trading, it is all about learning, being patient and also devoted to the way we trade, only by that means we can make constant amount of money from the market.
I have not yet started making constant profit in the market but i can chip in some of the knowledge and experience i have. First i have learnt from experience not to trade with greed, we should also make market analysis first and wait for the proper time to open a trade before opening and i also use stochastic indicator in my platform because it shows me when to buy and when to sell, when its above 80 you sell and when its below 20 you buy.
There are so many trading trics are available. all you will get form web. and like this mt5 forum here are so many expert traders are ready to help you. When a newbie go for trade then only he depends on his luck cause he don't know anything about market movement. But a very simple trick is when trading pair go up that time sell and when pair go down that time for sell. This trick is for short time trading. But for long term trading you need to know more about market movement.
I always suggest new trader to use a long term trade like swing trading, if you open your trade from support or resistance level you have more chances to gain a good amount of profit with less chances of loss, basically need to consistency with profit that is only possible if you take trade with full care and take only few trades weekly and get a high amount of profit with less mistakes.
The most important thing to be said to newbie traders is that they need to have more learning, there is no trick that makes trading more easier as long as you have not learned then there is no way you will be able to earn. Therefore never buy any simple trading trick been written by any one, just learn the normal way.
Well I think in short you are saying that we should just follow the trend and I agree with you on this completely as it could be very helpful for all the traders if they start to trade like this. There is nothing better than going with the flow and make the necessary adjustments by yourself.
Strategy is very important for the traders. It is like a road map to the success. Trader have to make a good profitable trading strategy. The strategy is that they have to take small risk like 2% of their capital. They should keep patience before right trends comes. Again traders should not over trade.
this post/thread would have been excellent if it is backed up with trading statement of not less than three months. But alas it is not credible.Anyone can make month about a trading system, even selling it but in the long run, many a time they are swindlers!
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