Currently, I've juststarted to learn to invest in Forex field for 2 weeks. This is a good way toearn money if we well understand about trading, tools, and strategies in Forex. As a newbie, I follow people instruction and create a demo at www.fxdialogue.com because it is said that this is the best way to learn Forex is open a demo account. I agree. A demoaccount helps me understand Forex better. Alike any other newbies, I still havenot much experiences. Therefore, I create this thread to put advices andexperiences in. Obviously sometime advices cannot be correct for 100 situation,but it helps us gain experiences. I really appreciate your advices, and experiences. Post them in, so we can make this thread become collection advicesfor beginners.
I start first, and ifthere is something wrong, please notice
1. As I said above: "Never start Tradingwithout FIRST using a DEMO Account" .A Demo Account allowsyou to become familiar with trading procedures, such as placing Market, Stopand Limit orders without any risk. All dollar losses or gains in a Demo Accountare imaginary but the
2. Start with basictrading knowledge. There are some people invest without knowing what they aredoing. It's the worst thing human have ever made. We don’t need to have MAdegree, 'cause even MA will lose sometimes, but we've better knew deeply aboutwhat we will do.
3. No one cares aboutyour money as you do. Take 100% responsibility and never wait for brokers totake your responsibility.