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trading forex for beginners

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Sahal Ma'sum

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Quote from: Alim muntolib on February 12, 2019, 07:39:03 AM
yeah bro, actually, if we see on the YouTube channel, there are already lots of tutorials about how to trade forex, but that's just theory, the problem is that forex requires action or practice, now here we have to think again about the solution.
friends who are experienced in the world of forex.

much safer if we have a teacher, rather than we learn by ourselves
#16 - February 12, 2019, 08:11:10 AM

Alim muntolib

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Quote from: Sahal Ma'sum on February 12, 2019, 08:10:19 AM
maybe for this solution, you can find friends, to be able to guide you
yes, I have actually found a trading teacher that fits my expectations, therefore for now I can understand what we call supply and demand, and also support and resistance. which is very helpful for me to use as a reference for analysis, and entries in all pairs.
#17 - February 12, 2019, 08:20:02 AM

John Royand

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Quote from: shasha_queen on February 11, 2019, 09:18:57 AM
How to start trading for beginners?
Trading without a mentor and a mentor will certainly be different results. A trader if he wants to learn self-taught will usually seek knowledge as much as possible and who is clearly not focused because forex is like a wilderness, and when you have entered it can be lost. If we use a guide the hope is that this guide can lead to the right path so we don't get lost. Now, the process of getting a mentor is not easy, because there are lots of paid mentors outside who just want to get paid. So the process of finding a mentor also needs to be careful, many free ones are paid, choices are yours. What is clear is that if you are a mentor, you will get lost; But if you can find a good mentor, then this will greatly shorten your study time. Mentors will make you focus on just a few sciences, maybe you will be taught basic first and then increase, including mindset preparation etc. Now the mentor is just a guide, but it's up to you, please choose according to your comfort in trading, because each trader has different traits, characters and habits.

#18 - February 12, 2019, 10:47:51 AM

Abdul Hakim

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Quote from: shasha_queen on February 11, 2019, 09:18:57 AM
How to start trading for beginners?
in my opinion. it's better to add a lot of knowledge about forex trading. for example on youtube or google. many learn from a continuous demo account
#19 - February 12, 2019, 12:44:36 PM

Alim muntolib

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Quote from: Abdul Hakim on February 12, 2019, 12:44:36 PM
in my opinion. it's better to add a lot of knowledge about forex trading. for example on youtube or google. many learn from a continuous demo account
indeed, if it is possible for beginner traders, you should first increase your knowledge about forex before trying to dive in a real account, and also first a demo account to measure how mature we are in understanding forex.
#20 - February 12, 2019, 01:36:07 PM

Purple

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learn what forex is ... 
and many brokers who facilitate demo accounts may be able to learn from these accounts ... 
happy learning;) ;) ;) ;)
#21 - February 13, 2019, 09:09:53 AM
« Last Edit: February 15, 2019, 02:42:58 AM by Purple »

Alim muntolib

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Quote from: Purple on February 13, 2019, 09:09:53 AM
learn what forex is ... and many brokers who facilitate demo accounts may be able to learn from these accounts ... happy learning;) ;) ;) ;)
Ok
the availability of demo accounts by brokers is actually intended for the learning of beginner traders, and that in my opinion is enough to be used to test the techniques that we have learned, how accurate is the level in the market, but it does not have an effect for our trading psychology learning.
#22 - February 13, 2019, 10:08:25 AM

blinkid

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Quote from: shasha_queen on February 11, 2019, 09:18:57 AM
How to start trading for beginners?
One of the keys that must and must be done by beginner traders is learning. Without learning about what to do in the forex market is a mistake that will certainly lead you to a huge loss. Surely you don't want the money you deposit into your trading account to disappear without giving a profit.

These are the things you must do to start forex trading.
1. Understand What Forex Trading Is
If you have a close acquaintance who is trading forex, try asking him with your REQUIREMENT to understand what forex trading is. However, in general a forex trader will be lazy to explain what he does to ordinary people who are just curious, so "sincerity" your curiosity about forex trading needs to be emphasized.

If you do not have close acquaintances, you should not show the desire to trade forex with strangers. Better, find your own information about the notion of forex trading through various articles.

After that, you will find out that forex trading is not just about profit. Like other businesses, forex trading also carries risks, if wrong, it can threaten your financial well-being. Not ready for the risk? Don't push yourself, just know. Look for other businesses that you are prepared to bear the risk of.

2. Learn to trade with a demo account
Trade with a demo account, which is trading with real conditions, but the money used is not real. So if you lose, you will not lose your money real. Likewise if profit, then the profit cannot be withdrawn.

So basically the beginner trader must first go through the stages of the learning process first, whether it's using a demo account, a bonus capital account or a trading contest account to learn and practice trading. So the name is learning, don't expect too much to be able to generate profits, focus and be serious first in the learning process.
#23 - February 13, 2019, 10:26:02 AM

Purple

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Quote from: Alim muntolib on February 13, 2019, 10:08:25 AM
the availability of demo accounts by brokers is actually intended for the learning of beginner traders, and that in my opinion is enough to be used to test the techniques that we have learned, how accurate is the level in the market, but it does not have an effect for our trading psychology learning.
yes I think it should be gradual ... 
maybe after getting to know more, try it with a cent account
#24 - February 13, 2019, 10:40:08 AM
« Last Edit: February 15, 2019, 02:38:54 AM by Purple »

Agus al huda

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Quote from: shasha_queen on February 11, 2019, 09:18:57 AM
How to start trading for beginners?
first understand the basics of forex, like who is the market driver, when we buy when we sell. and forex is not a rich fast way.



#25 - February 13, 2019, 10:48:33 AM

Alim muntolib

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Quote from: Purple on February 13, 2019, 10:40:08 AM
yes I think it should be gradual ... maybe after getting to know more, try it with a cent account
yes, because all businesses are better to be anchored to deposit our capital, because business is not only a big issue of capital but also requires knowledge to run it.
#26 - February 13, 2019, 10:51:55 AM

rahayu

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Quote from: tamtam on October 09, 2019, 08:11:47 AM
for beginners trading should be done correctly
If traders want to be able to get maximum results and want to be able to achieve our own dreams, they must be prepared to accept the process which is to be able to benefit in the forex trading business that is consistent and successful in this business takes a long time and quite a long process too so traders must be patient in undergoing process after process
#27 - October 10, 2019, 03:07:22 AM

jojop

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Forex trading for beginners should use small lots while learning to analyze technically and maintain mm
#28 - October 10, 2019, 03:24:37 AM

Paving

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trading for beginners indeed we must apply easily to get accustomed.
#29 - October 11, 2019, 07:57:18 AM

Rizky_Rizal46

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beginners are expected to be able to trade patiently, if possible, use a strategy that is low enough first and one that is easy to run and not too complicated.
#30 - October 14, 2020, 05:57:58 AM
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