Best strategy for a new person.

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

  1. wmwmw

    wmwmw

    Actually, buy TQQQ is a best option. But this is not trading, but investing.
     
    #31     Feb 28, 2021
    nwoptions likes this.
  2. tedmos38

    tedmos38

    around 1 hour daily... doing intraday.. not carrying the trades
     
    #32     Mar 1, 2021
  3. Stay away from scalping as a newbie.
     
    #33     Mar 2, 2021
    ckent175 likes this.
  4. tedmos38

    tedmos38

    Actually that is a very genuine point because people generally make profits while scalping on a demo account as they have high margin and leverage over there.
     
    #34     Mar 2, 2021
    Marcos likes this.
  5. Do you mean copy or mirror trading?
     
    #35     Mar 3, 2021
  6. But don’t you think this way a person would never develop his own strategy?!
     
    #36     Mar 3, 2021
  7. tedmos38

    tedmos38

    Yeah...but I was asking that what shall a trader follow to understand the trends better... there are a lot of indicators and EAs but mastering them is a challenge.
     
    #37     Mar 3, 2021
  8. It is actually quite alright as a learning mechanism, but ya a new trader should bear in mind to not continue with this for life. Even I used to buy signals when I started trading on IG’s platform but now that I am using Fxview after almost 4 years of trading, I am using my own strategies, even working on coding on MT5.
     
    #38     Mar 4, 2021
  9. I'm a fairly new trader guys, who do you recommend following for the best tips? I'm purely trading stocks at the moment but interested in anyone who can help in the forex trading space too.
     
    #39     Mar 4, 2021
  10. tedmos38

    tedmos38

    For a non biased experience, start by yourself..try to get familiar with basics..use demo...thats what I do
     
    #40     Mar 4, 2021