What's the best advice can you give to a beginner ?

[dhgiang]

i'm newbie. nice to meet everyone. i trade follow price action method. can you send some advice about price action

 

[ricardovb3]

Money management i

profitable strategy and Money management is the key

 

[k9898]

Don't pay for anything. There's plenty of good education and indicators for free online. Remember, if they were amazing traders they wouldn't need to sell anything.

 

[azizhk]

Be patient, have discipline, have and edge(strategy), test edge, risk no more than 1-2% per trade. If you find a good edge, stick to it. Read books by or watch videos of Mark Douglas!

 

[Unknown_2015]

My advice is to build your system, stay out of it's way, and repeat. Emotions will really hit you hard when trading real money so, better develop a system that is battle-tested, be confident upon it like you married it and trade it. As VP said, stay the **** out of the way, since emotions really mess with trading.

 

[retrt]

my advice will be, just stick to your chats, and do what you think is right, for losses , you will meet them , its normal.

 

[Jeffkas11]

The best advice is to study hard about trading and everything related, it is the only thing that can ensure true success and only in the long term.

 

[sayed88]

i'm newbie. nice to meet everyone. i trade follow price action method. can you send some advice about price action

 

[Stylin215]

Be sure to set a goal and have a game plan. Discipline is highly important and do not get greedy in the markets focus on long term income.

 

[JHendy]

Whta's the best advice can you give to a beginner ?

Risk management is at the utmost importance. Make sure to protect your capital! Be patient, wait for the ideal trade setup instead of forcing a trade. Never risk more than 1-2 % per trade. Good luck m8!

 

[natey]

the honest truth is trade with a small account only!! As it teaches you that if you enter wrong the account will take a knock, it teaches you to only take trades with the highest probability of winning. There is so much more to using a small account as it actually build the foundation for growth

 

[Brian Onchweri]

Whta's the best advice can you give to a beginner ?

Its better to make small consistent profits and survive the markets waves and trends than to risk alot gain alot in a short while but loose everything eventually

 

[tylite]

As you can see, many people responded "Risk Management". Most likely you will take it as a very boring topic during your study and probably skip it. DO NOT skip! It is the most important lesson for every beginner to become profitable..

 

[alessandrofxtrader]

Find your rule follow that, use a trading plan a use the properly risk

 

[forexr0m]

Learn about and implement risk management.....however don't let it cripple you from experimenting.

 

[aveldtr]

Practice account. No matter if you're novice or professional.

cheers

 

[kyky]

Plan your goals
How much profit / risk do you want in 1 month / year
Focus on a single currency pair, forget about gold
Test your strategy on history data, statistics it

 

[bartalemeo]

Money management is the key.. Once you get this you will be able to make profit.. Also remember that you won't gain always..

 

[Tim009]

Never argue with your strategy!!.

Trading is a marathon not a sprint. Learn, fail and learn some more. Never stop learning. Learn from your mistakes and learn from the wins. Consistency, no matter how slow will definitely win the race

 

[stivemaclaren]

just do every thing on demo for 6 month and then real