1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Some question and general thoughts

Discussion in 'Beginners Bootcamp' started by David Berenyi, May 18, 2017.

  1. Molly141

    Molly141 Private

    Joined:
    Jan 22, 2019
    Messages:
    20
    Likes Received:
    5
    I am a newbie too. Learning lots.
     
  2. Gateluri

    Gateluri Recruit

    Joined:
    Oct 30, 2018
    Messages:
    32
    Likes Received:
    3
    Outofphase gave excellent choice of books. However, I am afraid that they might be a little bit hard for understanding for beginner traders and those who don’t have economic background. Anyway, I would encourage all traders to read them as they will provide more insights in financial markets
     
    Molly141 likes this.
  3. Molly141

    Molly141 Private

    Joined:
    Jan 22, 2019
    Messages:
    20
    Likes Received:
    5
    Not something I have heard of.
     
  4. Anthony23

    Anthony23 Recruit

    Joined:
    Dec 23, 2017
    Messages:
    66
    Likes Received:
    4
    David, I think that you are on a good track. Just try to use demo account until you perfect your trading strategy and then try it on real account with small amount. Keep in mind that trading on live is different from demo account as on live acc psychology plays significant role. Good luck!
     
  5. Froso@FXNET

    Froso@FXNET FxNet.com Representative

    Joined:
    Nov 22, 2013
    Messages:
    395
    Likes Received:
    11
    Psychology and emotions are the real things in live trading so one should practice in live account with minimum lot size because you have to train your emotions. In demo account, you cannot master a method no matter how much success rate you achieve.
     
  6. Glastonburyk

    Glastonburyk Recruit

    Joined:
    Feb 3, 2019
    Messages:
    2
    Likes Received:
    0
    I’m new here too looking to make Some friends and learn from better people than myself. Where do you think is the best place to learn strategy on this forum as there are so many?
     
  7. dylanjessop

    dylanjessop Recruit

    Joined:
    Feb 7, 2019
    Messages:
    27
    Likes Received:
    9
    SImple support and resistance leverls is a good place to start for any strategy
     
  8. Gateluri

    Gateluri Recruit

    Joined:
    Oct 30, 2018
    Messages:
    32
    Likes Received:
    3
    The question comes to mind which is the best time to trade on a live account. The answers is when you have some grip on forex market. You should have to do some demo trading on demo account until you understand the market well. When you do all this than the chances of loss becomes negligible.
     

Share This Page