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  1. #1
    Join Date
    Apr 2017
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    714

    In the forex market a novice trader

    In the forex market a novice trader can gain practical experience through demonstration trading. The demo platform is easy, secure and useful for increasing trading capabilities. My actual gain started after trading with AAFX. I joined this regulated trading broker for the security of my funds and their vast commercial advantages. I'm getting the lowest trading spreads 0.2 pips, multilingual 24 hour customer service, wide range of trading bonuses etc.

  2. #2
    Join Date
    Aug 2017
    Posts
    1,331
    We need to trust our broker to trade comfortably. But most of the time it becomes very hard to select them as now a day most of them found to scam. I have found my trading broker which is best for me and I think for every trader it is best. Their security service I like most and that’s why I take them. They provide all well-reputed bank accounts and ensure the security of client’s funds.

  3. #3
    Join Date
    Jun 2017
    Posts
    100
    It will be best for you if you start your first trading with a small investment. Until you become familiar with forex it will be safe for you to invest small amount of money. Its right that having a good broker make your trading career at top and I must tell you that you can invest money in FXPremax broker.
    This is the best broker I ever trade with. You can trust them with your money with high level of security. This broker can make your profit consistent with market news, logical analysis, free signals and with so many services. You can start learning process with them also. You can withdraw your money as fast as you want and whenever you want.

  4. #4
    Join Date
    Jan 2017
    Posts
    606
    In Forex market novice traders suffer from rudderless situation indeed. They are not aware of what they should do to develop their condition. They randomly select brokers for them indeed. So they need support indeed. Trade12 is a supportive broker and their support is active for 24/5 hours. They multilingual support is helpful for different countries people. They provide deep liquidity of funding to their traders.

  5. #5
    Join Date
    Oct 2018
    Posts
    307
    I am not sure what demonstration trading is. Are you referring to copy trading? Or watching a mentor trade? Or something else?

  6. #6
    Join Date
    Dec 2017
    Posts
    592
    In the start, each beginner may face it difficult to carry out his trading activities due to lack of education. For this reason, a foreign currency exchange trader needs adequate trading expertise to ensure effective trade execution decisions. And as a naÔve trader, I am happy that my broker ForexChief is providing me well developed trading lessons and free training so that I can perform my trading movements to ensure profitable trading voyage.
    By opening a micro trading account with this broker I have received easier access to the market. I am enjoying flexible trading schedule, continual customer care support, 1:400 good leverage, re-quote ands slippage free timely and fastest trade executions through superior and modern trading platform and lowest zero spread.

  7. #7
    Join Date
    Dec 2018
    Posts
    45
    Quote Originally Posted by Pat Clemons View Post
    In the start, each beginner may face it difficult to carry out his trading activities due to lack of education. For this reason, a foreign currency exchange trader needs adequate trading expertise to ensure effective trade execution decisions. And as a naÔve trader, I am happy that my broker ForexChief is providing me well developed trading lessons and free training so that I can perform my trading movements to ensure profitable trading voyage.
    By opening a micro trading account with this broker I have received easier access to the market. I am enjoying flexible trading schedule, continual customer care support, 1:400 good leverage, re-quote ands slippage free timely and fastest trade executions through superior and modern trading platform and lowest zero spread.
    This is true, but I suggest the person demo trade first before opening a micro account. But then of course it will be important to be selective with brokers, because there is the possibility that any you demo trade with it you will trade real account with.
    The point is; learn on demo first before you go real.

  8. #8
    Join Date
    Oct 2018
    Posts
    307
    That is the most prudent approach in my opinion too. A micro account allows you to trade with real money and experience that kind of trading while risking a very small sum while still being a newbie.

  9. #9
    Join Date
    May 2020
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    1,473
    The forex market allows a really large number of people to get an excellent job opportunity, and most importantly, good earnings. I think this is a great option.

  10. #10
    Indeed, you can make good money if you take it very seriously, and I can say by my example that I use ready-made strategies for trading with the Amarkets broker and thanks to which I have some practice and good earnings.

  11. #11
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    May 2020
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    1,473
    A beginner in the forex market may well achieve the same results as an experienced trader. The main thing is to have a goal, a desire to work and study

  12. #12
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    Apr 2020
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    1,380
    I am also in the forex market not so long ago, but I have already been able to achieve quite positive results. He began to work with the broker Amarkets, and after a while he was able to receive quite good funds.

  13. #13
    Join Date
    May 2020
    Posts
    110
    It is really very difficult for a novice trader to decide on immediately understand the whole essence of trading, which is why at one time I turned to the experienced manager of the Amarkets broker, who gladly helped me figure it out.

  14. #14
    Join Date
    Nov 2020
    Posts
    34
    In order to really get used to this area, it will take time and choosing a broker in this can help you because there are managers who will be happy to guide and suggest, at least I had that when I started trading with Amarkets.

  15. #15
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    Apr 2020
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    1,380
    For beginners, trading is very difficult for work and training. When I first started working with a broker from Amarkets, I learned to work on a demo account for a long time.

  16. #16
    Join Date
    Jul 2020
    Posts
    744
    It is extremely important for a beginner to start working with a demo account. When I started working with a broker from ExpertOption, I decided to use the demo mode for work.

  17. #17
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    Apr 2020
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    1,380
    Beginners in this market are extremely difficult. It is worth understanding that beginners very often can lose capital, and for this reason you need to be as attentive as possible.

  18. #18
    Join Date
    Dec 2020
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    Asia
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    Quote Originally Posted by banake View Post
    Beginners in this market are extremely difficult. It is worth understanding that beginners very often can lose capital, and for this reason you need to be as attentive as possible.
    Those Forex traders who started their trading must understand that trading is not easy and they would need to make more efforts.

  19. #19
    Join Date
    Aug 2020
    Posts
    75
    News plays a vital role in every trading market including the forex market. Most traders avoid trading during news releases except news traders. At this time market become volatile and spreads become wider. So, for news trading, the trader should a broker like Eurotrader which provides tight spreads during the volatile market condition. The trader also needs to follow the economic calendar for news trading.

  20. #20
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    Apr 2020
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    1,380
    Newcomers always believe that in this industry it is really easy to earn a lot of money, but in fact they immediately understand what and why.

  21. #21
    Join Date
    Jun 2020
    Posts
    205
    As a beginner trader, you need to gain a lot of knowledge about trading. A good trading strategy is needed because if the strategy is not good then the market can move in the opposite direction. You should always trade at 1: 2 risk-reward, even if there is a loss in any trade, there is no problem. And no more than a 2% risk can be taken in the account. All these things are common mistakes in trading. Mixing this mistake can ruin your trading life. I can easily deal with the losses with the help of my broker Forex4you.

  22. #22
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    Apr 2020
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    The most important stage for a beginner is to undergo training. When I started working, I studied on the demo account of broker Amarkets. As a result, he was able to achieve quite high results.

  23. #23
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    Jul 2020
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    744
    I always start with a demo account, and only then I start working on a real account. For example, when I started working with a broker from ExpertOption, I started with a demo account.

  24. #24
    Join Date
    Dec 2020
    Posts
    40
    Having understood the trade, you will understand that there is nothing difficult in trading, especially if you are helped by managers like Amarkets. What is important to remember always is that forex is, first of all, discipline and self-control, and the rest will appear over time.

  25. #25
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    Apr 2020
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    For a beginner, forex is a really good chance to earn money. As for me, the most important thing is to undergo training to get positive results.

  26. #26
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    Jul 2020
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    744
    The most important stage for a beginner is to be trained on a demo account. When I started working with a broker from ExpertOption, I studied precisely on the demo account of this company.

  27. #27
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    Apr 2020
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    As for me, the most important point for a beginner is to undergo training. This is generally a key stage in order to successfully work in this industry. When I started working with a broker from Amarkets, I used a demo account.

  28. #28
    Join Date
    Dec 2020
    Posts
    30
    To all who are just starting their way in trading and have already decided on a broker, I would advise you to always use the advice of experienced managers as I do with the amarket broker. They really help a lot.

  29. #29
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    May 2020
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    1,473
    Practice for a beginner is a really important factor. When I started working with a broker from Amarkets, I practiced on a demo account of this broker. As for me, the results were pretty good.

  30. #30
    Join Date
    Jan 2017
    Posts
    991
    In Fx trading there are many mandatory things that we have to ensure if we want to get maximal result from our trading . first of all when we newcomers have to move Babypips school to acquire real trading knowledge and also trade in a demo account at any broker, but practically mostly traders donít believe the importance of this trading place at all. as a result they fall a great loss when trading practically.

  31. #31
    Join Date
    Jan 2020
    Posts
    257
    Forex is not a game. It needs a lot of knowledge and patience. A trader must have all kind of knowledge about forex market before he starts to trade. Knowledge can be gathered by so many ways. If any trader wants to gather knowledge about forex market he can try a demo account. I started my forex trading with a demo account of Tpglobalfx broker. From there i gather all kind of knowledge when I did some trade with demo account. This is one of the best way to gain knowledge about forex market.

  32. #32
    Join Date
    Nov 2020
    Posts
    40
    Those who decided to relate to my game or some kind of entertainment as a result will understand their mistake and disappointment from the very beginning.

  33. #33
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    May 2020
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    1,473
    It is extremely important for a newcomer to this industry to pay attention to training. At least, when I started working with a broker from Amarkets, I was able to make really good money thanks to the training.

  34. #34
    Join Date
    Dec 2020
    Posts
    25
    When a beginner comes to the forex market and starts trading, he is faced with many new moments for himself, the sooner he learns and practices everything on a demo account, the better he will be able to do everything on a real account.

  35. #35
    Join Date
    May 2020
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    1,473
    It is quite difficult for a beginner in this industry, but it is quite possible to get the desired result. I believe that it is really important to give all your best, and the result will not be long in coming.

  36. #36
    Join Date
    Sep 2014
    Posts
    297
    Quote Originally Posted by Steve Martin View Post
    Forex is not a game. It needs a lot of knowledge and patience. A trader must have all kind of knowledge about forex market before he starts to trade. Knowledge can be gathered by so many ways. If any trader wants to gather knowledge about forex market he can try a demo account. I started my forex trading with a demo account of Tpglobalfx broker. From there i gather all kind of knowledge when I did some trade with demo account. This is one of the best way to gain knowledge about forex market.
    at the tpglobalfX broker what traders can use and the education provided is paid or free, and can traders use scalping techniques when starting on a real trading account, and is there a minimum withdrawal limit for traders?

  37. #37
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    Apr 2020
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    1,380
    I believe that in this industry, the key task for a beginner is to undergo training and get the necessary experience. For example, when I started working with a broker from Amarkets, these stages went with the demo account of the Amarkets broker.

  38. #38
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    Dec 2020
    Location
    Asia
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    Quote Originally Posted by banake View Post
    I believe that in this industry, the key task for a beginner is to undergo training and get the necessary experience. For example, when I started working with a broker from Amarkets, these stages went with the demo account of the Amarkets broker.
    I have been doing my Forex trades with the International Forex Broker FXOpen as it is very reputed broker and also offers the ECN Trading facility to us

  39. #39
    Join Date
    Aug 2020
    Posts
    157
    Here are some more tips for beginners. You have to learn as much as you can with respect to forex. Apply your insight to the best of your ability. People submit messes up and its human drive you can't cover each and every one of the issues meticulously. The choice of your broker can break your succeeding. They are the most certifiable individuals and they do give qualified tips, so consider them before getting into it. That is the reason I have picked Eurotrader for my trading. I like their low spreads and 1:500 leverage.

  40. #40
    Join Date
    May 2020
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    1,473
    A newcomer to this industry needs to be careful and try to get work experience. For example, when I started working with a broker from Amarkets, I initially learned to work on a demo account.

  41. #41
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    Jan 2021
    Posts
    405
    of course, all beginners should be really careful, because investing in forex is a big risk for those who do not fully understand what it is

  42. #42
    Join Date
    Dec 2020
    Location
    Asia
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    Quote Originally Posted by Diedriarekh View Post
    of course, all beginners should be really careful, because investing in forex is a big risk for those who do not fully understand what it is
    Those Forex traders who are Newbie will have to understand that it will take them some Time and Efforts. This is why we need to be ready for investing our Time into this business.

  43. #43
    Join Date
    Jan 2017
    Posts
    991
    Honestly speaking, if you want to get maximal result by scalping first of all you have to make sure lowest trading spreads which is very supportive to make profit with certainly by using any kinds of trading strategies in particularly the scalping that brings profit in a short time. Actually from all trading elements spreads is mainly considered as an important financial tool which an investor should consider when choosing a broker.

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