What is the most important thing I need to know?

Hello everyone,

Newbie here๐Ÿ™‹โ€โ™€๏ธ

I started learning trading a few months ago due to the whole pandemic thing. I am not totally green but I know there is a lot I need to learn. Thanks for having me.

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Discipline

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Manage your account, your bank is your lifeline, trade small 1-2% and cut your losses if your trade is going against you, more than 1 thing, but no money no trading unless you have a bottomless pit of funds.

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Good to see you that you are learning Forex perfectly. Learn how to be patient, have descipline and have control over emotions to be the part of successful traders.

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Hey, remember that managing risk is super important . Also try to keep yourself away from emotions especially greed coz that is very dangerous for newbies.

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Welcome! Focus on study part and start small. Demo account is useful.

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Concentrate more on avoiding losses than on making profits, at least in the beginning.

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As a trader, you need to coexist peacefully with the twin emotions of greed and fear.

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You are welcome.