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  1. #1
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    Aug 2020
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    Tips for novice traders

    New traders or novice traders often struggle in the market. They don’t know how to trade properly. So, they often make simple mistakes and lose money. Traders can easily avoid those mistakes by practice in the demo account. Most brokers offer a free demo account to traders. It is the best way to learn trading without investing any money.

  2. #2
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    Apr 2020
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    It is very important for beginners to have a source of advice to understand what and how it can work. As for me, this is a pretty important aspect for the trader's job.

  3. #3
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    The most important task of the beginner is to work out a strategy on the demo account. When I started working with a broker from ExpertOption, I tested strategies on the demo account of this broker.

  4. #4
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    Jun 2020
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    You should learn forex first. Without learning forex you can't earn profits from the forex market. If you start trading without learning then you can't survive in the forex market. There is no alternative way of learning. I always try to learn something new. My broker Forex4you helps me a lot. They are very helpful. They are one of the best brokers I have ever worked. They never make disappointment to their client.

  5. #5
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    There are a lot of tips for beginners in general, because it is very important for them to learn to work. As for me, this is a really important aspect for success.

  6. #6
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    It is vital for beginners to pay attention to learning. As for me, this is the most important aspect for new traders who need to gain experience.

  7. #7
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    Novice traders, seeing a small profit, immediately cling to it and fix it. This approach will not make money. Don't stop profits from growing.

  8. #8
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    Aug 2020
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    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.

  9. #9
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    The main thing for a beginner is to initially get the practice of working on a demo account. When I started working with a broker from Amarkets, I started with a demo account.

  10. #10
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    Jan 2021
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    Quote Originally Posted by banake View Post
    It is very important for beginners to have a source of advice to understand what and how it can work. As for me, this is a pretty important aspect for the trader's job.
    Well said. Finding trustworthy information sources is important for beginners. Luckily, there are lots of free resources and courses that can help with this.

  11. #11
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    Mar 2020
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    To be a new trader you all must know exactly what is the Forex and how to start it? If you have good skills and knowledge then it would be easy for you to become a successful trader. Always choose a reliable and trusted broker and start trading with it.

  12. #12
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    May 2020
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    The most important thing a beginner needs to do is work on a demo account. As for me, this is a really very important aspect. When I started working with a broker from Amarkets, I started with a demo account.

  13. #13
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    The most important thing is to understand the beginner - the need for training and experience. Without this, it will be really difficult for him to get the desired result. When I started working with Amarkets, I started with a demo account.

  14. #14
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    Quote Originally Posted by banake View Post
    The most important thing is to understand the beginner - the need for training and experience. Without this, it will be really difficult for him to get the desired result. When I started working with Amarkets, I started with a demo account.
    If we will start Trading in the DEMO Trading accounts then we can learn Trading Skills and also become more successful Forex traders.

  15. #15
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    May 2020
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    The most important thing for a beginner is to work with a demo account. When I started working with a demo account, I used a broker from Amarkets - they have very good working conditions on a demo account.

  16. #16
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    Jun 2015
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    333
    My advice would be to always be positive and even if you make mistakes just learn from it, we do that then we will be able to work it out all nicely. I am currently working with FreshForex broker and with them; I am able to handle it all very nicely. I love it through their rebate scheme where I get good amount of money back, so that makes it working really nice.


  17. #17
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    May 2020
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    It's important for a beginner to at least look at these tips, because it's important. But again, you need to check what was advised, because this is not always the right advice.

  18. #18
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    Aug 2017
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    I think most of the traders fail because of their wrong choose of brokers. Though you have a lot of knowledge about forex, a wrong broker can put you in danger. I am trading from long time. I change many brokers im my trading life. At last I found Forex4you. It is perfect for me because of their easy techniques of trading, low spread and dynamic leverage.

  19. #19
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    I believe that the most important thing for a beginner is to undergo a training regime. As soon as he gets the necessary experience, it will immediately become much easier to work and you can start working with small sums.

  20. #20
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    Jul 2020
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    As for me, the best option for a beginner is to qualitatively undergo training. If the newcomer received the necessary experience, it will already be much easier for him.

  21. #21
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    Apr 2017
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    714
    When you have many expectations from your Forex business you should also mind that it is highly profitable business and so far, it has many risks of having loss. The traders mostly forget about loss and want to get only money. My choice is TP Global FX as they are a credible broker in this industry. From this broker to reduce some trading loss I get facility of using various risk managing tools.

  22. #22
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    Quote Originally Posted by Graham McKenzie View Post
    When you have many expectations from your Forex business you should also mind that it is highly profitable business and so far, it has many risks of having loss. The traders mostly forget about loss and want to get only money. My choice is TP Global FX as they are a credible broker in this industry. From this broker to reduce some trading loss I get facility of using various risk managing tools.
    If we want to get profits from our trading then we will need to make use of a trading strategy that is easy for us to understand and use in doing our trades.

  23. #23
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    Jan 2021
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    405
    You can give a lot of such advice, but the main thing is to try yourself and learn, and not to give up after the first loss on trades

  24. #24
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    Feb 2021
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    Those who start their trading path should, remember the main points that may come in handy, of course, this is to be as careful as possible, not to rush anywhere and give yourself time to practice on a demo account.

  25. #25
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    Jan 2021
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    the most important advice for starting such work is not to fall into the hands of scammers, of which there are too many on the market now

  26. #26
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    May 2020
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    The most important thing for a beginner is to complete training in demo mode. At least when I started working with a broker from Amarkets, I started with the demo mode.

  27. #27
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    Jun 2020
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    Having received the answer of knowledge, having mastered the basic aspects of the market, but you have to move on to practice, it is best to start with a demo account, do not risk going straight to a real account.

  28. #28
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    Quote Originally Posted by Ariuron View Post
    Having received the answer of knowledge, having mastered the basic aspects of the market, but you have to move on to practice, it is best to start with a demo account, do not risk going straight to a real account.
    We will need to increase our trading based skills in the business. If we want to earn income from the Forex markets then we must use such type of a Trading Plan that is easy for us.

  29. #29
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    May 2020
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    The most important thing for a beginner is to work on a demo account. This is more likely not even advice, but just a necessity, which will allow you to get not so many losses.

  30. #30
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    Feb 2021
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    6
    Try to communicate and learn everything as much as possible, but after that and put it into practice, this will give you many opportunities.

  31. #31
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    Dec 2020
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    I would advise you not to ignore the training that provides I really liked that Amarkets has collected very good information that really helped and came in handy in trading

  32. #32
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    Jan 2017
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    991
    If we want to lead a secure and safety trading life with certainly first of all we the traders have to choose the credible broker which always guarantee their clients funds. Thatís why from my first day of trading I have been using LQDFX which is real STP Execution trading platform and for all time ensures security of funds at any kinds of investments with a wide range of trading technologies. So, for all time I feel secure and comfortable when trading practically.

  33. #33
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    Dec 2020
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    Quote Originally Posted by John Miller View Post
    If we want to lead a secure and safety trading life with certainly first of all we the traders have to choose the credible broker which always guarantee their clients funds. That’s why from my first day of trading I have been using LQDFX which is real STP Execution trading platform and for all time ensures security of funds at any kinds of investments with a wide range of trading technologies. So, for all time I feel secure and comfortable when trading practically.
    Those Forex traders who are Newbie will have to understand this fact that in the business of Forex trading the main factor is to be able to develop Good Trading Skills.

  34. #34
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    Jan 2021
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    405
    in fact, there are too many such tips for beginners, and each of them can be useful in a beginner's work, because all aspects need to be understood

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