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What should a newbie do for earning from Forex Trading?


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46 replies to this topic

#41
Sininfinity

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I don’t think it is even necessary to keep trading journal;

 

I don't agree with this statement. Journal is an important thing and if kept properly then it can be very helpful for traders. It is for laziness we don't keep a journal.


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#42
aliforex

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I don't agree with this statement. Journal is an important thing and if kept properly then it can be very helpful for traders. It is for laziness we don't keep a journal.

journal is very helpful in understanding and run them to be more aware of our shortcomings and mistakes in the run, because it can help make us improve and maximize the way we work correctly

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#43
Norm O'Neill

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I believe we need to do things smartly instead of being greedy. I trade with really careful way and approach; it’s easier through OctaFX broker because they have lovely educational setup which really covers it all. They are amazing with keeping it all very simple as well, so that suits newbies really nicely. I also like the support I get which is available 24/5 while there are many other ways too through which we can contact them via live chat, phone call and more!


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#44
radex78

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T

I believe we need to do things smartly instead of being greedy. I trade with really careful way and approach; it’s easier through OctaFX broker because they have lovely educational setup which really covers it all. They are amazing with keeping it all very simple as well, so that suits newbies really nicely. I also like the support I get which is available 24/5 while there are many other ways too through which we can contact them via live chat, phone call and more!

Greedy in trading usually will making fail eventually, indeed if on lucky will able increasing money easily in trading, but overall if only relying with lucky hence will hard to survive in forex business and we can learn how to trade with proper risk management, first to thnking is how to minimize the risk and maximize profit, good system trading need to tested and to finding profitable system and strategy also required practice and keep learning
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#45
Squirrel Nuts

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Newbies should practice trading through Demo first, if they wanna become successful, then the second step could be doing small investments and learning through real account.


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#46
Sininfinity

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journal is very helpful in understanding and run them to be more aware of our shortcomings and mistakes in the run, because it can help make us improve and maximize the way we work correctly

 

 

Agree with you but do we keep a journal lol? I don't keep one and have tried many times lol.


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#47
gaban

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newbie in running the trade, the first to do that by always learning done by improving the ability and understanding the risks to be managed properly. The forex business is not a business that instant on the run, but the need to always to strive to improve the process so that forex trading skills in the run easier and more consistent can be obtained at the time of the plunge in trading account


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