Best strategy for a new person.

Discussion in 'Forex' started by tedmos38, Feb 25, 2021.

  1. FahadMd

    FahadMd

    as a beginner trader that is really a tough game to continue demo trading for 3 months due to especially low trading patience. nothing else.
     
    #331     Jan 18, 2023
  2. beginners always prefer to trade on scalping that brings profit in a short time but this is really a risky strategy, need powerful money management first of all.
     
    #332     Jan 18, 2023
  3. I don't believe that beginners always prefer to trade on the basis of scalping. Scalping is a type of trading. To determine the optimum strategy for a new trader. Before going live, the trader should test out several strategies on a demo account. What matters is that you try out different techniques before deciding on the best one for yourself.
     
    #333     Jan 20, 2023
  4. Rodri

    Rodri

    I would offer a straightforward plan that is simple to implement. First, you must be familiar with the basics; demo a few to do so. The trading section and technical issues have a tonne of excellent threads. YouTube is also good.
     
    #334     Jan 23, 2023
  5. agree with your message but YouTube is a good thing , honestly speaking i am nbot agree with this . personal opinion.
     
    #335     Feb 1, 2023
  6. scalping is really a risky issue , need a powerful trading money management , otherwise no way to survive successfully.
     
    #336     Feb 2, 2023
  7. we the traders should develop our money management besides devolving our trading strategies , otherwise no way to bring profit with successfully.
     
    #337     Feb 3, 2023
    sanforex24h likes this.
  8. true fact but very difficult and challenging task.
     
    #338     Feb 10, 2023
  9. Pablo_fx

    Pablo_fx

    Before you start trading, it's important to have a good understanding of the financial markets and the instruments you plan to trade. So, IMO, the best strategy would be to start with a good understanding of the market.
     
    #339     Feb 10, 2023
  10. according to me any kind of trading strategy can be useless if there is no regular perfect money management.
     
    #340     Mar 10, 2023