How to start like a pro? - afraid to open trades -
1 2 3 4 ...

thread: How to start like a pro? - afraid to open trades

  1. #11
    quote Hey mates, As an extra recommendation from my side, I would strongly suggest to any beginner to steer clear of news trading. Potential huge win could be very trying but this is also the simplest way to dismiss your account within a matter of minutes. GL to you
    Any temptation can be removed with a trading habit, read aloud daily. Unless you are interested in wasting your hard earned money.
    Hope this helps-
    Reno

  2. #12
    I dont know how to start this thread but can until you that I do my home work on the currencies and how to exchange. The way to use leverage and exchange in demo accounts I place a full staratigy that it is gain more that it lose (not ideal but great one) but I find very hard to open any commerce in live account also if I open some for two days I close it all (with profits) rather than open any more I dont like to open any places any more in live account I dont understand may be since I afraid I will lose any money ??!!! I try to place a goals,trading...
    That is no excuse..but since you are feeling lazy to exchange would suggest you opt for some PAMM acc

  3. #13
    Just my input from my expertise;

    nobody starts off just like a pro, the very fact you're doing your assignments and study is a step farther than the remainder. Recall trading is something which always require optimizing to the professionals.

    No footballer became professional immediately, hours of hard work and dediion get them to where they're now.

    As most people say - Demo your way through then start a live with a small account and exchange small until you build your way to where you want to be.

    Rome was not built during the night!

    Slow and steady

    Hope that this helps

    Joyful Pipping

  4. #14
    Trading is quite risky. That's why nearly all of the new traders were scared to execute more when they got profit. It is a plogy thing when they're succeed step one and not able to do another move.
    A glass of whiskey ought to help
    Just kidding.

  5. #15
    Senior Member vctrgrr's Avatar
    174
    The demo accounts is a good thing to test. I mean I would honestly advise using them since they can really aid you in the long term. That is the path that I went, and it worked out well for me. The Demo Forex account is basically a digital trading platform where you could buy and sell various currencies without risking real money, that's the best part about it. I think that it's a fantastic tool to use if you're thinking about trying out trading.

  6. #16
    Hi will make certain that you look this up. Thank you for the suggestion.

  7. #17
    Junior Member eljermo's Avatar
    23
    Can you tell me a little more how you can do it? Or in case you're trading for a while, how you got started?
    Its quite hard for me to explain. I highly recommend reading Market Wizards. Lessons are yielded by his interviews.

    Start by noticing what all of the fantastic speculators had in common.

  8. #18
    To me reason looks quite clear. You're trading with money you can't afford to lose. It will put extra pressure on you.
    Once I started few years back I had a same matter. I had been trading with money I couldn't afford to lose. Fortunately I didn't loose only small part of it. I decided I hae to conserve some money to begin trading.

    Additional thinwhat you can do is to start a really Tiny positions - 0.01 lot's

  9. #19
    Can you tell me a little more how you do it?
    Or in case you're trading for a while, how you got started?

  10. #20
    Junior Member eljermo's Avatar
    23
    Hello, Hope you all had a great weekend. When you discuss egy, you really do or do not mean an automated egy?
    Could be either optional or mechanical or a mix of both.

  •