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Forex Zone - Forex Forum
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Forex Education
3 Tips for beginners starting Forex
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3 Tips for beginners starting Forex
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Re: 3 Tips for beginners starting Forex
Vernalta
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A beginner must know the importance of using risk limits. The risk limit in question is your capital with a small risk percentage below 5% because this is very important to protect your capital.
#466
- September 23, 2023, 02:02:30 AM
Re: 3 Tips for beginners starting Forex
Dyandra
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Our focus here is to limit risk when trading and of course to limit risk, it is mandatory to use stop loss because in my opinion, when you can use stop loss well then you will be safe to be able to trade forex.
#467
- September 24, 2023, 02:00:41 AM
Re: 3 Tips for beginners starting Forex
Vernalta
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If you want to be successful then you must be able to set risk limits by setting limits for your management so that you don't overtrade later and make sure you always use a stop loss.
#468
- September 25, 2023, 01:00:56 AM
Re: 3 Tips for beginners starting Forex
Dyandra
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limit the risk, if possible, don't exceed 20% of the margin and if possible, don't exceed 10% because that will be very dangerous later and make sure you always use a stop loss every time you open a position and don't get too close either.
#469
- September 26, 2023, 01:01:28 AM
Re: 3 Tips for beginners starting Forex
Vernalta
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To start as a trader, you must be able to set a risk limit for your own money. The way to do this is by using a stop loss every time you open a position. Don't forget that the risk must be minimal, not more than 20%.
#470
- September 27, 2023, 01:03:38 AM
Re: 3 Tips for beginners starting Forex
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Re: 3 Tips for beginners starting Forex
Dyandra
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To start trading, the first is that you have to be able to set a risk limit based on your technical method for analyzing, the second is that if you open a position you are obliged to use a stop loss and the third is that you have to use a margin of no more than 20% percent because in my opinion that is the right thing to do. It is important to maintain your capital
#471
- September 28, 2023, 02:08:17 AM
Re: 3 Tips for beginners starting Forex
Vernalta
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When you set a risk limit using a stop loss it will definitely be very important because when we use a stop loss we will be comfortable to open positions safely.
#472
- September 29, 2023, 01:31:43 AM
Re: 3 Tips for beginners starting Forex
Dyandra
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Make sure you always use a stop loss when you open a position, not only stop loss but also take profit because with this feature you can limit your risk, which means you have a greater chance of success.
#473
- September 30, 2023, 01:35:39 AM
Re: 3 Tips for beginners starting Forex
Vernalta
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for the first time as a beginner we have to know how to limit risk by using stop loss and limit profits by using take profit. We also have to always use stop loss even if we use short term using scalping or using intraday it is important
#474
- October 01, 2023, 01:43:13 AM
Re: 3 Tips for beginners starting Forex
Dyandra
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If you want to be calm, you must be able to set a risk limit properly. You must be able to set a risk limit using a stop loss. So that later when you open a position you won't be afraid of floating minus.
#475
- October 02, 2023, 01:52:44 AM
Re: 3 Tips for beginners starting Forex
Vernalta
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If you set your risk limits well then you can get the right profit. You can get special results and make sure you are obliged to use a stop loss every time you open a position.
#476
- October 03, 2023, 01:01:59 AM
Re: 3 Tips for beginners starting Forex
Dyandra
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I suggest that it is mandatory for you to set a risk limit by using a stop loss and make good management by being able to take small risks because this is all important so that your money is safe.
#477
- October 04, 2023, 01:17:18 AM
Re: 3 Tips for beginners starting Forex
Vernalta
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One thing that beginners must know is to learn to set risk limits because it is mandatory so that you don't lose a lot of money, open positions and must use safety tools such as stop loss.
#478
- October 05, 2023, 01:54:12 AM
Re: 3 Tips for beginners starting Forex
Dyandra
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If I suggest that making a risk limit is mandatory and you must always use a risk below 15% or 10% and don't use a margin above 20%, I agree and make sure you always use a stop loss every time you open a position.
#479
- October 06, 2023, 01:03:46 AM
Re: 3 Tips for beginners starting Forex
Vernalta
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Technically, limiting risk will make you a trader who knows how to reduce risk in trading because when you know how to limit risk by using stop loss, it means you already know that protecting capital is our main task, don't let our capital run out.
#480
- October 07, 2023, 01:04:40 AM
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