rogerNick

I guess, I would suggest that a Forex newbie must get educated to understand forex, before plunging into the actual trading itself. There are lots of good resources out there to help. One of the best I have source come across is makemoneycurrencytrading dot co dot uk as they run free webinars and training. And will train you in their strategies as well. And they run live portfolio so you can actually see if their strategies are making profit live. They send out a daily report each day with the trades.

 

My best tip to a newbie is to learn the basics. rest is very easy to deal with. educated trader is always a better trader,

 

knows why he trades and can understand what is good and bad.

Seeing live portfolio is a good way to see if they are making profit from their own calls. Nice one. Let me try it out.

In my dream few days ago i saw that view my trades got big profits and fortunately next day i was able to close my trades in good profit which were in loss since long. Have you too ever got a dream about trading?

No, it's really a different dream for you. People generally say that if you get a bad dream, you'll get good news in real. I'm not sure about this vice versa thing. Anyways, forget it. Focus on a new session! new day!!

When traders are met with losses especially the new traders, they tend to think tips that quitting the forex market is a better option. Some who have the zeal to continue will refuse to give up while some in this same situation believe that it is impossible to win. Do you think it is better for such a trader to quit trading?

No, I don't advice you to quit. In trading, you should focus on 'how much you learned' rather than 'how much you lost'. Losses are very common thing. But once you learned it, you are the king

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Chintu, I was about to join this site. But now I'm changing my decision. Thanks for your wonderful timely advice.

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