Best Change

Read our Advertising Disclaimer


Page 1 of 2 12 LastLast
Results 1 to 20 of 31
  1. #1
    Join Date
    Dec 2012
    Posts
    439

    Is it good as a beginner to trade in a group?

    I found out many forex trading beginners who has not succeeded as they usually trade alone. Many of the forex experts have suggested me that it is good to trade in group as a beginner than to trade alone.

    What do you think about it?
    Is it good to trade in group as a beginner or trading alone is the better option?? Please suggest me about it....

  2. #2
    Join Date
    Nov 2013
    Posts
    20
    According to my information, trading in a group is good, if you are a beginner. Because, if you are trading in a group , your group members can help you to gain more profit with the forex .

  3. #3
    Join Date
    Jun 2013
    Posts
    1,687
    Surely yes. Traders would most likely perform much better when they trade in group. I mean, it is a fact that when you trade in group, you stand a better chance of learning more from each other. Those resources of knowledge that the traders put together will form a better deal of knowledge.

  4. #4
    Positivity or a positive attitude is very important in the forex market. You can’t survive in the forex market properly with your negative attitude. I trade with Forex4you with my positive attitude always. It helps me to earn a good number of profits. Their endless support always makes me pleased. They are a very reliable broker. A reliable broker is very important for a trader in the forex market. They provide minimum spread and maximum leverage. They provide a very easy process to open an account.

  5. #5
    Join Date
    Mar 2020
    Posts
    109
    Trading in a group is a good option as a beginers because in group trading you can discuss everything with other traders of the group and can take advantage of experience of other members and can make good profit with the help of them.

  6. #6
    Join Date
    Apr 2020
    Posts
    75
    This kind of trading is not suitable for everyone, because there are people who like to work more alone and it’s more comfortable for him, but there are those who are really in the team in their minds.

  7. #7
    Join Date
    May 2020
    Posts
    556
    I believe that it is better for a trader to trade alone, because this way it will be faster to get that very valuable experience for work. It would be much better for me.

  8. #8
    Join Date
    Aug 2017
    Posts
    1,181
    If you want to know about forex, you can create a demo account under a broker. But remember one thing broker is an important part of the trading. Good broker can give you all the ways of trading and you can easily trade with that demo account. It will help you to know about the forex market practically. When I started to trade, I also opened a demo account under Forex4you. They can give opportunity to put any amount you want to invest in the market in your demo account. you can manually set the spreads and leverage in their demo account. It helped me a lot to know briefly about the forex market technically and practically.

  9. #9
    Join Date
    Apr 2020
    Posts
    436
    I believe that it will be very useful for the trader to work in the group, because it will be noticeably easier to get knowledge and go through the first difficulties.

  10. #10
    Join Date
    May 2020
    Posts
    66
    Personally, it seems to me that it is better alone, because the trader is so much quicker to realize the essence of trading, gains some experience and, as a result, has a good income

  11. #11
    Join Date
    Apr 2020
    Posts
    436
    As for me, trading in the group is very useful in that it will be much easier for the members of the group to gain useful knowledge and experience that will help them in the process of work.

  12. #12
    Join Date
    May 2020
    Posts
    66
    I don't think that working in a group will give a beginner an opportunity to make a quick breakthrough in trading. Self-reliance gives more benefits

  13. #13
    Join Date
    May 2020
    Posts
    556
    As a matter of principle, trading in a group for a trader will be a rather convenient option for the reason that a group can go through the training stage faster and study possible mistakes in work.

  14. #14
    Join Date
    Jan 2020
    Posts
    104
    Everyone trades in the market for making profit. But it is not easy to make profit. Forex market is like a puzzle game. You have to make proper decision in proper time. It is quite difficult to take quick decision without the help of any broker. Making profit is mainly depend on the spreads and leverage and the ability of taking quick and appropriate decisions. I always trade with Tpglobalfx. Because they provide low spreads starting from 0.01 pips and give a dynamic leverage at maximum of 1:500. It helps me to ensure my profit easily.

  15. #15
    Join Date
    Apr 2020
    Posts
    436
    As for me, the main thing for a beginner is to work on a demo account. But in a group or one - this is a completely different question. I started working with broker Amarkets on my own.

  16. #16
    Join Date
    May 2020
    Posts
    556
    In general, trading as part of a group can be quite useful for a trader, because in this way you can get a much larger amount of knowledge.

  17. #17
    Join Date
    Apr 2017
    Posts
    563
    If you want to trade in forex market, first of all you need to learn the basics of forex trading. You can learn the basics from different sources. But my suggestion is to open a demo account. It will help you to understand all the basics and techniques of trading practically. I started my trading with the demo account of TP Global FX. It gave me opportunity to trade practically without any risk. It helped me to get knowledge about forex market.

  18. #18
    Join Date
    Apr 2020
    Posts
    436
    I would still choose to study alone for work. So more chances to get the right experience and achieve the result, as for me.

  19. #19
    Join Date
    Jul 2020
    Posts
    177
    I started working with the broker ExpertOption alone, and this option seemed to me more reliable. So the trader has a better chance of gaining experience and knowledge.

  20. #20
    Join Date
    Apr 2020
    Posts
    436
    I started trading with broker Amarkets it was the group with my friends. As for me, this is a rather positive option for a beginner, because it is easier to learn at times.

Page 1 of 2 12 LastLast

Similar Threads

  1. Factors A Beginner Trader Has To Know
    By niceday in forum Forex General Discussion
    Replies: 27
    Last Post: 05-09-2020, 01:07 PM
  2. Friday is not a good day to trade
    By redbull in forum Forex General Discussion
    Replies: 18
    Last Post: 01-22-2017, 02:23 PM
  3. As a newbie it is good to trade on all currencies ?
    By IceLand in forum Trading strategies
    Replies: 23
    Last Post: 11-10-2013, 01:50 PM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •