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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
Dyandra
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In my opinion, setting a risk limit is a very important thing that we have to make when we trade, especially when we use a stop loss. Without using a stop loss, we may find it difficult to make a profit with little management.
#511
- November 05, 2023, 02:10:29 AM
Re: 3 Tips for beginners starting Forex
Vernalta
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The key to success is limiting risk, without limiting risk well, we will not be able to achieve success, we will not be able to prevent risks that will come to us, so at that time it is important to always use stop loss.
#512
- November 06, 2023, 02:07:27 AM
Re: 3 Tips for beginners starting Forex
Dyandra
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Always setting risk limits is the right thing, these are steps that we must pay attention to when we trade, especially when we use stop loss so that we feel safe.
#513
- November 07, 2023, 02:21:00 AM
Re: 3 Tips for beginners starting Forex
Vernalta
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If you limit risk well then you can carry out trading activities correctly so don't forget to use stop loss when trading because it is very dangerous for you.
#514
- November 08, 2023, 02:02:16 AM
Re: 3 Tips for beginners starting Forex
Dyandra
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creating a risk limit by using a stop loss is the right step where every time you open a position you are required to use a stop loss. Without using it, you may always be floating minus and as a result you will lose money.
#515
- November 09, 2023, 02:11:41 AM
Re: 3 Tips for beginners starting Forex
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Re: 3 Tips for beginners starting Forex
Vernalta
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For beginners starting trading, you must use active risk limits. You must always use a stop loss every time you open a position because it is important for you not to MC.
#516
- November 10, 2023, 01:33:42 AM
Re: 3 Tips for beginners starting Forex
Dyandra
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You must be able to learn to always limit risks well because when you can learn to limit risks well then you will be safe in getting big and smart profits.
#517
- November 11, 2023, 01:33:02 AM
Re: 3 Tips for beginners starting Forex
Vernalta
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It is our obligation to always be able to limit risk well because basically when we can limit risk well we will have a good time trading and our money will be safe for our own use.
#518
- November 12, 2023, 05:34:37 AM
Re: 3 Tips for beginners starting Forex
Dyandra
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Limiting the risk referred to here is applying a small percentage when you use capital. For example, 50 dollars. You must be able to apply a risk of at least 10%, namely 5 dollars. So when you lose 5 dollars, you have to stop and you are also obliged to use a stop loss because it is a safety measure. So you don't have a floating minus
#519
- November 13, 2023, 02:38:41 AM
Re: 3 Tips for beginners starting Forex
Vernalta
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Learning to use a margin of no more than 20% is something that is important for us to use as beginners in limiting risk because when we use a large margin it will definitely be difficult for us to grow our capital.
#520
- November 14, 2023, 03:19:35 AM
Re: 3 Tips for beginners starting Forex
Dyandra
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I tend to use stop loss when I want to limit risk when first learning to develop forex trading because in my opinion using stop loss is rare and some people always underestimate it.
#521
- November 15, 2023, 02:15:24 AM
Re: 3 Tips for beginners starting Forex
Vernalta
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When you learn to limit risk appropriately, you can make things more comfortable. You can use stop loss too so that you can use small risks and this will definitely work for you.
#522
- November 17, 2023, 04:22:03 AM
Re: 3 Tips for beginners starting Forex
Dyandra
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Using a margin below 20% will make you not greedy and always limit your risk by using stop loss because when you use too much capital, the greater the risk you get when you make a wrong analysis.
#523
- November 18, 2023, 03:31:15 AM
Re: 3 Tips for beginners starting Forex
Vernalta
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Limiting risk is a basic thing that we have to learn so that we know how much we risk, how much we aim, how much we lose, that way our capital will be safe, we will not spend money in the wrong way.
#524
- November 19, 2023, 04:08:27 AM
Re: 3 Tips for beginners starting Forex
Dyandra
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When you limit the risk well then you can trade with the target place because after all limiting the risk will have a significant impact for us to get positive results later
#525
- November 20, 2023, 05:38:43 AM
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