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Dahan
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Everything posted by Dahan
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Forex trading experience, trading mind, trading strategy and risk control plan, if you do that all well, success should not be far.
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Yeah, that's right, actually newbies need more trading experience to understand trading game rule.
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Knowledge, experience, trading mind, trading strategy, reliable broker and confidence are needed if you really want to make money from here.
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10-20% per month, but now still not stable, now I realize that risk control plan must be conducted strictly, otherwises lost will be unacceptable.
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The lost money go the account of successful trade, bank, broker etc, I also want to know more details about that.
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I'm addicted to forex trading before, but now have taken out because of modification of trading mind, you can't become millionare only one night.
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Advice for Beginners....don't Try to Make Money.
Dahan replied to TheNegotiator's topic in Beginners Forum
For beginner, top important thing should be keep learning and lower your risk, too many newones quit because of lost in the begining. -
Just take it easy, I believe every one has lost experience, some one reconsider lesson and try to perform better next time, some one just quit.
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$40000 is really tempting , I'm ready for Star Wars！
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Here is the link about VIP account: https://www.hotforex.com/en/account-types/vip-account.html
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In my opinion, successful trade need rich experience and learn lessons from past failure, it's impossible for new ones to understand market trend and predict movement correctly.
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Keep learning, there are always update about forex trading technology and knowledge etc, but keep safe and learning should be top objective for new ones.
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Keep learning, must know that forex trading is one long term business, temporary lost is the foundation of future success. So survival and learning are top important things for new ones.
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Advice for Beginners....don't Try to Make Money.
Dahan replied to TheNegotiator's topic in Beginners Forum
Yeah, too many trading opportunities in the future, the top objective of forex trading should be learning basic knowledge and how it works. -
I think all money and transaction will be settled in bank liquid pool and then distributed again, the funds are liquid and not stable.
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I recommend hotforex, I have traded with it for more than one year, withdrawal, spread and system are all well for me. You can check FPA, it's a very good place to share ideas.
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I suggest you can find reliable broker from FPA forums, there are many honest traders provide their review and feedback about broker experience, ps. never try to find best one, just suitable is enough.
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Less than $1000 demo acount, many broker provide $1000 demo, but you can check with their support team, but $1000 should be ok for most traders.
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Losing money is not a choice for beginner, usually it's the result of your decision. For begineer, make a strictly risk management and stoploss to control lost, and the top objective should be learning, not make profit for beginer.
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It's possible to follow the main market trend, there are many ways to get information about market change, such as important politic and economic event, and new policy etc.
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Do some research before make decision. Check regulation, system stability, withdraw speed, thread and the feedback from uses. After all a reliable broker is very important.
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Very honest advice for trader. Never trading under bad mind, always get patient and make strictly risk management plan.
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Advice for Beginners....don't Try to Make Money.
Dahan replied to TheNegotiator's topic in Beginners Forum
It's ture. For newbies, the first thing we need to conside is learn how it work and try to avoid lost as much as possible. Make money should not be the first thing we care, we have enough time to do in the future. -
Hi! I'm glad to join this awesome forum, and hope to learn knowledge and share different idea and experience with everyone! Thanks!
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Hello to everyone! I'm happy to join this forum, hope to learn each other and become successful.