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Some question and general thoughts

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

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  1. Molly141

    Molly141 Private

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    I am a newbie too. Learning lots.
     
    #21 Molly141, Feb 8, 2019
  2. Gateluri

    Gateluri Recruit

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    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
     
    #22 Gateluri, Feb 25, 2019
    Molly141 likes this.
  3. Molly141

    Molly141 Private

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    Not something I have heard of.
     
    #23 Molly141, Feb 28, 2019
  4. Anthony23

    Anthony23 Recruit

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    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!
     
    #24 Anthony23, Mar 13, 2019
  5. Froso@FXNET

    Froso@FXNET FxNet.com Representative

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    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.
     
    #25 Froso@FXNET, Mar 13, 2019
  6. Glastonburyk

    Glastonburyk Recruit

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    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?
     
    #26 Glastonburyk, Mar 15, 2019
  7. dylanjessop

    dylanjessop Recruit

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    SImple support and resistance leverls is a good place to start for any strategy
     
    #27 dylanjessop, Mar 18, 2019
  8. Gateluri

    Gateluri Recruit

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    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.
     
    #28 Gateluri, Mar 23, 2019
  9. Notati

    Notati Recruit

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    You are a new trader and I want to recommend you start getting educated from teh basic end of the forex trading. You need to learn the things properly and then, implement your learnings on teh live market. It is not too hard but it requires struggle. Are you ready?
     
    #29 Notati, Apr 24, 2019
  10. Gateluri

    Gateluri Recruit

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    Glastonburyk, welcome to this forum. I think that you are really in a good place to start. As you can see there is “Education” option on this website. You should start learning from there. Also, open a demo account to practice what you have learnt in course. Good luck
     
    #30 Gateluri, Apr 27, 2019
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