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New Traders Forum

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Day Trading Techniques/Strateges-Beginners Guide.

By forex_trader_1786937 Sep 23, 2020 at 14:48

Hi there! As a newbie, I advise you first learn about the forex market before you start trading. Fundamental analysis means analysing news relating to social, economic, and political fields that can directly or indirectly affect the price movements of the currency pairs. On the other hand, technical analysis means observing a wide range of historic...

22 Replies 1,965 Views

Last post by Potatory Dec 23, 2022 at 09:55

Have a plan and stick to it

By chrish9070 Apr 10, 2016 at 18:42

Yes, it can be challenging at first. But if beginners are determined enough to trade according to their plan and are consistent in their approach, they will profit.

78 Replies 4,352 Views

Last post by Vomitoryy Dec 20, 2022 at 11:42

How long should I start to trade after studying?

By Miki_Bao Aug 20, 2019 at 10:22

Yes I practised in a demo account and every trader should do that too! I believe it is one of the most crucial steps in the trading journey. It helped me strategize my moves, gain experience, and sharpen my trading skills without putting any real money at risk.

76 Replies 4,805 Views

Last post by jambeau Dec 20, 2022 at 10:48

Is demo trading enough before real account?

By lucie_fxtrader Dec 30, 2015 at 14:46

Demo trading is an excellent way to hone your trading knowledge and skills. You can also try out different trading strategies to see which ones work best for you. Definitely, this will prepare you for live trading. However, keep in mind that results on a demo and live trading accounts rarely match. So when entering into live trading, start small.

283 Replies 14,437 Views

Last post by Salsitude Dec 19, 2022 at 11:29

Importance of demo trading

By Mohammadi Oct 17, 2017 at 06:32

Before trading on a live account, trading on a demo account makes a trader learn how to interpret charts and analyse the market. It also helps traders with learning trading psychology and risk management and refining their trading strategy.

128 Replies 7,329 Views

Last post by Vomitoryy Dec 16, 2022 at 09:30

Newbie wannabe Trader

By chachaman Jun 05, 2020 at 01:55

Having technical and fundamental analysis skills are very important for trading the market. Long- term trading depends more on Fundamental approach whereas, short term trading depends more than technical approach.

63 Replies 4,086 Views

Last post by Bransle Dec 12, 2022 at 10:36

how is it for "PropFirm"

By TANVIRMAHMUD Dec 06, 2022 at 11:14

hello, bro can you manage my FTMO ?

7 Replies 628 Views

Last post by RumayatMuqtadir Dec 09, 2022 at 02:44

How many pips a day ?

By walpandree Nov 09, 2018 at 10:47

Every tradershouldrely on multiple strategies at a time to confirm a signal. But traders are hardly fond of it.

117 Replies 7,552 Views

Last post by Akasuki Dec 05, 2022 at 09:38

Time and pracrtice.

By Imamul Mar 08, 2019 at 09:00

The holding time of a trade is directly connected to the trading styles! Swing traders need to hold their trading positions for a while; so it’s not a bad option!

76 Replies 4,646 Views

Last post by Baccasa34 Dec 05, 2022 at 07:59

How to Avoid Forex Losses In Forex Trading?

By tts_markets Aug 04, 2020 at 11:48

Broker choosing is a brain-churning issue for those who have large amount of capital and want high security from a broker.

63 Replies 4,071 Views

Last post by Baccasa34 Nov 26, 2022 at 09:07

New trader here! Can we do funding and withdrawals with multiple currencies?

By garrychristians Oct 15, 2020 at 09:38

Depends on the broker, I'd reach out to anyone you're considering or you're current broker to get a specific answer.

22 Replies 2,308 Views

Last post by HeavLeighGill26 Nov 17, 2022 at 19:01

Hello everyone

By Mikelsius Aug 25, 2017 at 10:51

Hello! Wishing you luck as you move from demo to live!

43 Replies 2,834 Views

Last post by HeavLeighGill26 Nov 17, 2022 at 18:58

New in forex trading

By wleverts Apr 23, 2017 at 06:52

Hello and welcome! I think manual trading is best...most EAs only work effectively for a period of time. It's best to learn for yourself than to rely on that,

121 Replies 6,521 Views

Last post by HeavLeighGill26 Nov 17, 2022 at 18:57

forex new trader

By saurabhjoshi Mar 21, 2019 at 08:23

Sometimes it's better to do nothing...it's important to learn when and when not to act. Overtrading can be an issue.

54 Replies 3,283 Views

Last post by HeavLeighGill26 Nov 17, 2022 at 18:54

Newcomers and their greediness

By Mohammadi May 22, 2020 at 05:48

Greed is never good for traders. I think a lot of beginners also have unrealistic expectations. They get greedy and feel like they should be making money more quickly, so they act without thinking. Of course, greed can affect traders of any skill level.

71 Replies 4,388 Views

Last post by HeavLeighGill26 Nov 17, 2022 at 18:44

How to become a funded trader

By PinkuBD Nov 13, 2022 at 14:03

If you are either new to trading looking for exciting opportunities of a more seasoned trader ready to take your next big step and maximize your profits and rewards for your trading skills and acumen, then access to a funded trading account and the massive capital it puts to your disposal may perhaps be your way forward.The problem is that most suc...

0 Replies 560 Views

Last post by PinkuBD Nov 13, 2022 at 14:03

How do you choose VPS for your Forex Trading?

By AayushiShah Nov 12, 2022 at 11:31

There are some parameters that traders should consider while purchasing Forex VPS, like: 1. Lowest pricing2. Choose low latency server nearest to your broker's server3. Must have 99.9% uptime4. Security services5. Must support all trading platforms6. 24x7 Support7. Offer a money-back guarantee8. Provide multiple server locations For your uninte...

0 Replies 453 Views

Last post by AayushiShah Nov 12, 2022 at 11:31

The dark side of forex markets

By viiveknaiir Feb 22, 2021 at 09:11

The highly volatile nature and difficulty in depicting the market movement is the dark side of the forex market. However, with proper understanding and good trading skills traders can take advantage of the volatility to make profits.

70 Replies 5,020 Views

Last post by Caricology Nov 10, 2022 at 09:41

Newbie looking for guidance and support

By mawao123 Apr 29, 2020 at 13:14

Every single mistake leaves traders a lesson. If a trader turns his blind eye on this mistake, he will remain incapable of learning the market properly.

74 Replies 4,754 Views

Last post by Akasuki Nov 07, 2022 at 09:15

Hey everyone!

By sharifsami Dec 15, 2021 at 11:54

Forex’s nature is a big challenge for traders and emotion adds fuel to the fire. You will hardly find a trader on the market who can properly make his trading decision that is fruitful ultimately.

12 Replies 811 Views

Last post by Baccasa34 Nov 07, 2022 at 02:45

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.