To all new traders

Number 1 rule I’ve learned in trading stocks is " DON’T USE REAL MONEY UNTIL YOU HAVE OR LEARNED A SYSTEM THAT YOU CAN PROFIT FROM MORE TIME’S THAN NOT".

The first things are that new traders new to trading is they want to get into the market, they want to make big money. They have some money that they have saved up and want to make it grow.They end up buying something that’s not trending and its starts to lose value. Then they use hope and that it will go back . It doesn’t and then they panic sell to avoid further money going down the drain. They they make another or a few other bad trades with losing a majority of their investing capital. Then they are depressed , they leave the market to never return with just a bad memory on investing in the markets. I know because I’ve learned the hard way by blowing up my accounts twice.

Thanks for sharing. Forex is a dangerous and hard place to make money. Good luck, hope all goes well for you.

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That’s a good piece of information, I believe that in the forex market, the most important thing to have is knowledge and skills in order to excel.

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This should go without saying in all trading types. Sadly it often needs to be said.

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