For Beginners | Page 7 | Forex Factory

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For Beginners

For beginners, the biggest edge is patience and protecting your deposit. Demo trade one simple setup, journal it, and keep position size tiny when you go live. Ignore flashy results online and focus on a repeatable process
Yea you抮e right. Trading is full of a bunch of trading strategies, assets, approaches to get lost easily for the beginner. I remember myself starting from forex, then switching to gold, then trading futures, stocks?and coming bacon to forex again. Everything might work if you spend time to master it.
beginners improve faster when they protect the deposit first and repeat one simple setup many times. Demo, journal, then go very small on real money until the process is stable
Hello everyone, how do you keep a trading journal?
If you are new, focus on protecting capital first. Pick one simple setup, trade it on demo for a month, and journal every entry. This will certainly help
Hi i am new to trading, i am currently learning strategies online and trying to apply it but i dont seem to fully understand why each trader uses each strategy, it feels more like as if i am just following what exactly they do and expecting to yield fruits from it. I hope to gain more insights on this and how i should build towards a better portfolio in the future.
I'm a beginner here and i'll like to know more please help
hello traders newbie to this forum any tips or interesting people to follow?
Hello! I couldn't find any other option so I'm writing my question here. Do you know of a stock forum somewhere? I'm actively trading stock CFDs, but I haven't found anything suitable.
I think reddit is the way to go for you, if you are passionate about trading stock CFDs. As long as I remember, they have various subreddits dedicated specifically to stocks, and I抦 pretty sure you will find help there if you ask questions. The forum is also veryyy active
Hey guys, I've been looking for this MT5 template for a while now. I even found it on Google, but it doesn't come complete with that flow or volume indicator at the bottom, nor with the same moving average. Does anyone have those indicators, please?
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hi total noob here . I have been watching and reading about forex, and nasdaq Trading. I have become more interested in Forex, however the more YT videos I see I noticed more people have moved away from Forex. But there is some who make a lot of profit. I have so many Q's . 1: which broker to use? I have only $2500 USD and willing to loose all. lol i have signed up with Trading.com but am not sure if I still need a broker and cash account. Another important question to me is for how long do I watch the candlesticks or patterns before i get in a...
2500$ is a good point to start with and I believe losing it all in one go is never a good idea, invest well and prepare for the market well.