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#1 29-03-2013 15:43:12

raybenz1983
Member
Registered: 29-03-2013
Posts: 1

I am a beginner in the forex

I am a beginner in forex ......I am asking is there a lesson in reading candlesticks that makes it easy for beginners?? I ask if there is please ..

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#2 01-04-2013 17:38:04

johnedward
Admin & Trader
From: Paris - France
Registered: 21-12-2009
Posts: 3054
Website

Re: I am a beginner in the forex

raybenz1983 wrote:

I am a beginner in forex ......I am asking is there a lesson in reading candlesticks that makes it easy for beginners?? I ask if there is please ..

Hi and welcome to the forum!

Here's everything you need to know:
Arrow Japanese-candlesticks
Arrow Glossary of Japanese candlesticks
Arrow Price action setups in forex trading
Arrow The Pin Bar forex trading method


"Anything worth having is worth going for - all the way." - J.R. Ewing

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#3 07-12-2019 18:02:15

Dark Night
Banned
Registered: 11-11-2019
Posts: 4

Re: I am a beginner in the forex

So many beginners try to make money from here without learning. As a result they become loser due to lack of exact trading knowledge. Itís a common thinking.  I think  by and large lose because they trade with emotions and donít know how to manage money in Forex.

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#4 30-03-2020 09:01:26

Flavio Esteves
Banned
Registered: 08-01-2020
Posts: 8

Re: I am a beginner in the forex

I am a beginner as well, i prefer learning about forex trading before going live, i currently use demo accounts to trade, learn and come up with several strategy.

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#5 02-06-2020 12:28:36

Diego12
Banned
Registered: 28-05-2020
Posts: 9

Re: I am a beginner in the forex

I am beginner using demo account and before i go live. Wanted to know what are the rules i should keep in mind in choosing a broker.

And What type of broker should i use ?

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#6 03-06-2020 10:59:58

johnedward
Admin & Trader
From: Paris - France
Registered: 21-12-2009
Posts: 3054
Website

Re: I am a beginner in the forex

Diego12 wrote:

I am beginner using demo account and before i go live. Wanted to know what are the rules i should keep in mind in choosing a broker.

And What type of broker should i use ?

No rules as far as using a demo account, they're free and you're under no obligation to open an account with the broker.

As far as type of broker, I prefer ECN/STP brokers as they're not making money off of your losing trades. This article should help you understand all of this:
How do I choose a broker: ECN / STP or Market Maker?


"Anything worth having is worth going for - all the way." - J.R. Ewing

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#7 30-06-2020 13:27:04

Diego12
Banned
Registered: 28-05-2020
Posts: 9

Re: I am a beginner in the forex

As a beginner in Forex, i used demo account to learn about live trading and how the live trading works.

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#8 02-09-2020 10:52:40

Delphine
Banned
Registered: 28-08-2020
Posts: 3

Re: I am a beginner in the forex

I'm a beginner and decided to enter live trading soon since i've been practicing in demo for a month now, any points before i choose a broker to start going live ?

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#9 27-10-2020 12:01:39

Parker
Banned
Registered: 26-10-2020
Posts: 10

Re: I am a beginner in the forex

Currently trading with an demo account and have been pretty good at it as well, looking to go live soon, since I'm a beginner in Forex trading would like to know if its a wise choice to trade with high leverage when trading live for the first time ?

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#10 12-12-2020 08:32:02

Rafael111
Banned
Registered: 29-05-2020
Posts: 5

Re: I am a beginner in the forex

Beginners entering into live trading should trade with lower leverage during their initial stages to get familiarised with the live trading.

Trading with higher leverage is not a bad option, but the risk is higher for trader venturing into live trade for the first time.

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