Thank you for your warm welcome for joining you.
Hi, I started Forex since last year. My account manager keeps saying donāt to use set stop loss so I even have three pairs of currency that canāt close for nearly three months. I studied more and more i feel how heās guiding me isnāt the proper way. I had few chances but he told me to place take profit up so never closed. i assume what I can do is close the target as possible and shut it because it started charging as iām keeping them there. Is there anyone who experienced an equivalent thing and that i feel lost
It is obvious that when a trader starts to trade forex, they expect to make money in the market. But unfortunately, money doesnāt come easily. It requires a trader to put in a lot of hard work and time to be able to take advantage of the market. It is recommended to make the most of the time you have while learning to give you the best in the market.
Hi this is my first week trading forex. Iāve started watching a few videos and a demo account. Are there any tips or tricks for beginners in the US?
None in particular as you really have to study the fundamentals. If there is a tip, consider being aware of your environment so always watch and read news globally.
i am a new here, please how do i start learning FX treading?
Thank you Kreg.
Maybe start with BabyPipsās free forex school !
I believe youāre on the right track. What is important to do is backtesting 3-6 months worth of data in order to develop a trading system that works for you.
Account managerās arenāt supposed to tell you what to do. This is considered āFinancial Adviseā, and if he is not properly licensed there can be legal actions against him.
Thanks for the warm, welcome!
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Hey
I am new here
welcome to babypips forum!
Thank you, so much.
wow, it is a fantastic idea.
Nice to meet you too.
iām new to here
Welcome to babypips!
Always use support and resistance lines while trading in forex. Keep learning every day to know how forex works, learn about different trading strategies, and try to apply them. Donāt expect that you can win every trade because nobody wins 100% of the time. All the best