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tips for a beginner !

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Begin with trend following and S/R, always watch price action, keep r:r at 1:1 or above and don't get bogged down with too many indicators.
 
Begin with trend following and S/R, always watch price action, keep r:r at 1:1 or above and don't get bogged down with too many indicators.
This is such valuable information too many indicators can really distract you from making a necessary decision.
 
Hi,
If you are newbie on forex trading then you need to know some tips and rules.
  • Knowledge is very important on forex trading.
  • Make a perfect plan.
  • Practice makes a man perfect, so practice more and more.
  • Know about trading market.
  • Need to know the daily weather report.
  • Need to know the world economical situation.
  • Build connection with a friendly and good broker.
  • Spend more time with trading and Research.
  • Learn some technique.
  • First invest little if lose then you can afford.
  • Control your emotion.
So, if new traders follow this tips they will be success in forex trading.
Thank you..
 
Hello, if you're newbie, you would better start with these according to order:
- Learn money management
- Learn trade psychology and trade like a robot without emotions (Because, emotions can really mess with your trading)
- Find very good indicators or patterns that will give you very nice trends
- Let experience do the rest and smoothen your trading
 

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