New to forex Tips and Advice

[Iolemmin]

Hey I Am new to Forex I like to Exchange on Crude Oil mostly and Gold I Am praticing on a demo account on GCI at the moment I started yesterday here's my results tell now

[Oxmiiipumiii28]

An individual can, in theory, keep long-term positions opened, and that needs little time devoted to real trading. But one does need to make the attempt to have the opportunity to understand how to do this.

[amshavin66]

Hi Mark,

Would you be specific in your questions?

Also, Please post images only 600 X 600. The large picture makes the Forum hard to read. Thanks Scott ( Forum Moderator)

[Iolemmin]

Hi Mark,

Would you be more specific on your questions?

Also, Please post images only 600 X 600. The image that is large makes the Forum hard to read. Thanks Scott (Forum Moderator)
Well I am not sure where to begin I try out a Demo account wonder if someone who more experienced can determine if I have luck or ability I seam to be winning alot I think it's luck .
I wonder exactly what prevent loss to utilize maybe 30 pips ?? I am not sure and how long should you trade demo before going live ??

I repost smaller image sorry for this

https://www.nigeriaforextrading.com/attachments/1518487891404313053.png

[jesules1990]

Info - if you need to trade, stick to oil and gold. Futures is exceptional to FX - regulated trades versus unregulated over-the-counter character of FX.

[loliglcf]

New in-trade has been the very first one we did in learning, and understand the risks to restrain, with the Currency Market company is quite risky, so try to always be run trading nicely by learning to better comprehend the workings of the suitable trading and much more can benefit obtained

[bgammcay]

11 year old thread, Trendy

[Oxmiiipumiii28]

11 year-old thread, trendy Hopefully the guy's not a newbie.

[Pkmmes25]

Earning is Forex isn't easy at all. There is too many who loses money simply because they take it lightly. They believe understanding minimum understanding about Forex is fantastic to kick trading off right away. They believe that they can earn decent quantity of money in here. But one thing I want to mention in order to my trading expertise , in Forex trading you enjoy digging a pit, the deeper you dig the more chance its can become a well and get water.

[alpisleam]

In this volatile and risky trading place the traders who are particularly newcomers first of all need to understand how to control risk. Newcomers can minimize loss by set good risk management program. To set that, first they ought to understand the winning probability of their trading platform or egy and secondly, be aware of how much loss accepted by their capital. By strict with risk management program, newcomer will not suffer huge loss even though the market may be goes wild and past the trader analysis.

[Hemm]

As a newcomer, first thing you need to do is to common in Forex trading and which usually means you have to have lots of extra time not just in trading but in learning also. And the most significant issue is that you have to spend lots of time practicing rather than likely to earn profit or don't expect to get profit from the first two weeks. But practically mostly newcomers don't believe the significance of demo account and try to create money very quickly without learning.

[loliglcf]

In conducting the new trading will likely be as good as it needs to be run trading well, for it is simpler to gain the ones we anticipate we should be able to run a maximum of trading too in a demo account or demonion competition

[Oxmiiipumiii28]

As a newcomer, first thing you have to do would be to frequent in Forex trading which usually means you have to have lots of additional time not only in trading but in learning too. And the most important issue is that you have to devote lots of time practicing and not going to make profit or expect to acquire profit in the first fourteen weeks. But practically mostly newcomers dont think the importance of demo account and try to make money very quickly without learning. He left the article back in 2006, he is not a newcomer. That said, I concur with the advice that you've given, it applies to all newbies.

[camm.93]

I am new , currently, I am learning about EURUSD . So much on Demo account, I make a fantastic profit, so this week I decided to try on actual account, unfortunately the outcome is awful. Hoping someone can give me tips

[Oxmiiipumiii28]

I'm new , currently, I'm learning about EURUSD . So far on Demo account, I make a fantastic profit, so this week I decided to try on actual account, unfortunately the result is bad. Hoping somebody can give me hints My advice would be to go back to the demo account and exchange the exact same way that you would exchange on the account. Same lot, same leverage, same initial amount, etc.etc. Make a trading plan and follow it.

[jalika97]

There are so many remarks about Forex Trading they can not be counted. Your personality plays a big role in the way you trade and no two personalities are alike. I believe that the best thing to do would be get a simple knowledge of the market generally. Then search for a couple of traders that are similar to your nature and spend time learning from them. Forget about all the trading egies for now but concentrate on you, your personality your desktop and how it all relates to the way you think about money.

Most Traders are willing to help. Just be careful how much time you require of them.

[inigomenego]

Learn, practice, try your fortune in a mini account. These are the very basic steps as newbie must follow. When you attempt real work, you will learn too it's not simple to handle live account. So keep learning.

[loliglcf]

Learn, practice, try your fortune in a mini account. These will be the very basic measures as newbie must follow. When you try real work, you will learn too it is not simple to take care of live account. So keep learning. Absolutely correct, we have to continue to conduct training in order to enhance trading skills that we have. Therefore, we can use a demo account or a demo contest in instaforex to the max in order to have the ability trading improved, and we could run profits will be trading well by earning success

[oxnolo]

Wondering if someone can answer my question

SO am looking at this Austria 20 (ATX) and detected something
each time the market opens 8am uk time the market surges up a good few pips

its been doing this for weeks
so I woke up now to grab it the bull run
not really that much of a trader like to test up about the markets every now and again see whats what

anyhow I log in to plus 500 wait for the market to open
when ATX opens at 8am I proceed to take the trade
it opens at 2.720 I go to buy but plus500 will only open me in 2.780 ???

Anyway the market goes up to 2.720 within 2 minutes of launching
why is it that I couldnt take the trade if it first started at 2.720 ??

[Oxmiiipumiii28]

Learn, practice, try your fortune in a mini account. These are the very basic steps as newbie should follow. When you attempt actual work, you will learn also that it's not simple to handle live account. Keep learning. I agree. An individual shouldn't invest a large quantity of money into Currency Market as they first begin trading on a live account, it will merely increase the stress they are already experiencing.

[Noko669]

Hi,

I am wondering what is the best egy to utilize and implement working about a 9-5 job, in addition to giving me independence of time and also a good return?

Cheers

JL

[alipol]

Hi I'm wondering what is the best egy to utilize and implement working about a 9-5 job, in addition to giving me freedom of time and also a great return? Cheers JL Don't take offense, but according to your petition, you don't have sufficient time to trade, don't really want to take any time to trade, and only want the cash, with no effort. You may think about investing with a fund manager. There's just too far to learn to be effective trading naked.

[92gani]

Hey I am new to Forex I like to trade on Crude Oil mostly and Gold I am praticing on a demo account on GCI at the moment I began yesterday here is my results inform now Please, try to use first major Forex pairs! Gold is very unpredictable trading instrument, even I see a number of expert traders also avoid this automated trading instrument! However, it is not impossible; use your presentation for a long time and be certain that your good success ratio! I use an overall egy for Forex tools but I've a particulate trading system for gold trading!

[jalika97]

quote Can you explain more about why you dont like Pips. I believe from some other trading platforms it's more suitable for the newcomers to be a knowledgeable trader very rapidly. Copy and pasted this from the introductory page. I am a return to business reader. If something could be explained in 1 page, I don't want three. That is also why I have a hard time studying Tony Robins. Again I am not the norm. A lot of people want the fluff. Repeat If you're able to repeatedly do these three items, then you are on your way to become a celebrity Currency Market trader! But we warn you, it's no cakewalk. Remember when you're but a tiny teeny weeny bopper attending regular school?
No?
Well, let's take you through the whole schooling jungle, but we're doing it FX-Men style.
You'll start schooling by turning into pre-school together with your own chocolate milk and snack pack. This is where you'll learn the basics of the Currency Market market.
Http://www.babypips.com/blogs/pipnoculars/, a former superb underwear and sock design and now a fundamental analysis specialist, will take you through Kindergarten where you are going to learn the various techniques to analyze the currency market.
If you pass, you are going to join the big boys and girls in elementary school where http://www.babypips.com/blogs/pippinainteasy, the coolest at the Currency Market market, will teach you all you want to learn about technical analysis. But don't worry, we still have rest time at Grade 1. Should you pass Grade 1, the next year you'll enter Grade 2, and so on, all the way to the close of the summer school.
https://www.nigeriaforextrading.com/attachments/1518487910133708225.jpgWait. What's that?
Summer college?
Yep. Summer college. Forex Summer School. Where you learn Currency Market trading. Instead of algebra.
To ensure that you are totally ready for high school along with also the awkward challenges you will face, we've added summer college classes to help ease your academic transition.
As for attempting to get a date to the prom, we can not help you. Even http://www.babypips.com/blogs/piplogy/ is still looking for you. And he's 600 years old. Too bad he has forgotten his prom occurred 583 years back but we feel awful breaking the news to him.
So....shhhhhhhh. It'll be our little secret.
Aside from relationship drama, try not to get senioritis at Grade 12.
Why?

[jemo1977]

The traders that are particularly newcomers have to choose the trading platform that enables trading theory which will be used, as a scalper if you depend on scalping approach should make certain that the broker which does not restrict any trading methods and permits scalping including lowest trading spreads.

[inigomenego]

A newbie should begin with learning that is the tip for each and every newcomer in a market. Learning makes work easy and comfortable so that we may trade risky market.

[Imokk]

Learning is inevitable for the traders that are particularly beginners. But besides learning the beginner should take real expertise about trading. And demo account is much more suitable for that. But practically the beginners always ignore this trading loion. As a result they always fall a fantastic trouble when trading due to absence of real trading knowledge.

[Hemm]

Once I was a newbie I'd dome was beginning a live account directly without having any practice in demo account.
This was a Fantastic error Ought to Be avoided

[Imokk]

Not only you, but also others beginner in any way times ignore demo account which is the master area to be an edued trader for those newcomers. I have passed a very long time in here , but I still use demo account to see my trading egies performance how it functions. This approach always helps me live account for averting risk.

[jemo1977]

A newbie should begin with learning which is the best suggestion for every newcomer in a market. Learning makes work easy and comfortable so that we may trade risky market. The novices should learning it a frequent thing , your learning process will be valueless until make sure a great place for practicing practically. Demo account may be chosen for that.

[Oxmiiipumiii28]

Once I was a newbie I'd dome was starting a live account directly without having any clinic in demo account. That was a fantastic mistake ought to be avoided that's probably the worst mistake a newbie can do. I am rather sorry that it occurred to you.

[Hemm]

Whatever, trading tool you are using, please try to use original in demonion and create winning habit on your practice account! Forex Currency trading is all about experience and knowledge! Thus, please do not be rush! Make a profitable trading egy on a particular trading pair, and then proceed for live! All the best!

[nico12]

Learn about the plogy of Foreign Exchange before you push your mind into what market you must trade.

This man talks alot about this kind of stuff, check it out, great content for anybody beginning in Foreign Exchange.

Https://www.tradersreality.com/

Happy Trading

[alpisleam]

find out about the plogy of forex prior to starting push your mind into the market you must trade. This man talks alot about this kind of stuff, check it out, great content for anybody beginning in forex. Https://www.tradersreality.com/ Joyful Trading Nice. That is traders reality . This website can be a wonderful source to learn excellent understanding about Forex , so beginner can try it besides demo trading .

[pkloveo1]

Hey I am new to Forex I like to exchange on Crude Oil mostly and Gold I am praticing on a demo account on GCI in the moment I started yesterday here is my results tell now My advice to newbies is bid exclusively using a carefully thought up out plan. Before you start trading, you need to determine how much of your money you are willing to risk and what profit you expect. This is going to become your balance of risk and profit. Successful traders not enter trades without a transparent aim. Take responsibility for your own decisions. Successful traders won't ever disclaim personal obligation. It's those who enter the market and it's those who assume all responsibility for those trades, profitable or unprofitable.

[ocamiz92]

quote My advice to newbies is bid only using a carefully thought out egy. Before you start trading, you need to determine how much of your own money you're prepared to risk and what profit you anticipate. This will be your balance of risk and profit. Successful traders never enter trades without a transparent goal. Take responsibility for your own decisions. Successful traders will never disclaim personal obligation. It is those that enter the market and it's those who assume all responsibility for those transactions, profitable or unprofitable. Good point, really successful traders follow their own trading plan and goal so honestly! I think, it takes the opportunity to make a professional trading plan! Whatever, if new traders attempt with sufficient determination than nothing is impossible here!

[jlleyanlu]

Whatever, trading tool you are using, please attempt to use first in demonion and create winning habit in your clinic account! Forex Currency trading is all about knowledge and expertise! Please don't be rush! Create a profitable trading egy on a particular trading pair, and then go for live! All the best! Adore the advice. DON'T RUSH IT!!!!!!!!!!!! Start on a demo account and keep practicing and practicing and practicing. Then move into the live market trading micros. I know for me and also a lot of traders that I understand, once you start putting your real cash into the sport, things begin to change.

[mauagpas]

Take the time to work out everything you need to do to hit your target, and then get out the megaphone. Make yourself accountable to everybody willing to hear. Promising your results makes it much more likely you'll push ahead in completing the day to day tasks you need to do to reach your objectives. While sometimes it is easy to skip a beat, when it is only you who is going to understand about the misstep, it is much harder to let others that are holding you accountable down.

[Hemm]

quote Love the advice. DON'T RUSH IT!!!!!!!!!!!! Start on a demo account and keep practicing and practicing and practicing. Then move slowly into the live market trading micros. I know for me and a lot of traders I understand, once you start putting your real money into the game, things begin to change. Besides demo it is more appropriate to keep a micro account. It works very well.

[pkloveo1]

Hey I am new to Forex I love to trade on Crude Oil mainly and Gold I am praticing on a demo account on GCI in the moment I started yesterday here is my own results tell now New traders generally get energized and blow off their accounts out rapidly in the event that they bounce in too quick. The capability to utilize Currency Market leverage accompanies each account, and it changes at a sum somewhere in the range of 10:1 to 100:1. A 10:1 leverage implies that for each $1 in your account, you have $10 to exchange. Leverage is both great and terrible as you're able to make exponential advantages, yet you can likewise experience the ill effects of mounting losses. The legislation demands Currency Market brokers to unveil this, and they generally do in fine print.

[Iolemmin]

If any pros have Some tips and advice to help me please post thanks for the help