I thank you guys for the good jobs you are doing to ensure newbies are empowered and gain grand along side professional on the FX market. I am new to the market though with a level of training in Demo. My fear is that I still loose fund due to the fact that I did not get certain thing right. Can someone help me with the right approach to trading before I commit real fund into trading.
God bless you all
shaunna75 is just advising new Traders (otherwise referred to as Newbies) to concentrate on trading the majors currencies, and is not hocking anything. So how can shaunna75's post be "senseless scam scam scam post"??? Newbies should listen and learn from shaunna75 as I believe this person has been around awhile.
I would most certainly concurred with shaunna75 and salako Afolabi to trading just the majors. EUR/USD is most commonly traded simply because the spread is the cheapest with most Brokers.
Yes, Newbies should stick to just 3 currencies pairs and get to know them like an intimate Lover.
For beginners EUR/USD is the best pair for trading and it is easy to trade and i also trade with this pair its spread is also and it is movement is also fast and many expert traders recommend this pair for trading.I believe that a beginner should start with very few curreny pairs. probably with just 2(EUR/USD, GBP/USD) So as for the newbie to study and master the behavioural pattern of the currencies on time. Definately, there will still be mistakes while learning but for it not to take the trader out quickly, it has to be Gradual. But always put at the back of your mind that NO STAIN NO LEARNING.
I prefer to trade with EUR/USD pair of currencies.