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Re: A rookie
Hello, I've been following this thread for a while, but I still think I have a lot to learn before considering a trader.I have tried a small amount of capital in a real account, but I burned my fingers.Since then, I am very cautious before depositing more capital.Well, learning from this thread will give me a good start, so I hope.Thanks to the "teachers" who have given good advice.Anyway, I hope to be a good trader one day, because I think Rome was not built in one day.
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Re: A rookie
There is much to study and much to practice.Welcome and good luck, Dollarhunter."Whether you think you can or cannot do it, you are right."
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Re: A rookie
I agree with what the partner says.At least you have already had the experience of operating in a real account, and that will make you more careful.You will learn a lot as you advance in this path.Wish you all the best!
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Re: A rookie
You should seriously consider one or two Forex courses.Most traders who lose their accounts are those who do not have any formation in Forex.Many people think that only reading in this forum can learn enough to start operating, but that is far from the truth.Good luck, and don't hurry!
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Re: A rookie
Although I think some manage to learn without courses, I agree that having a solid education base in Forex is key.That base will give you knowledge to identify in which areas you are weak and will allow you to use forums like this to improve those areas.Look for a good Forex course, study the method that shows you and accumulates hours of practice in graphics.Once you feel comfortable, you can go back here and start adapting the strategies to what works you best.Each trader must find a system that adjusts to it, not everyone can replicate the same strategies as other traders.
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Re: A rookie
Absolutely according to what the companions have said.Another thing: read until your eyes hurt ... and then keep reading more.Something that I have seen a lot, especially with those who are more technical, is that they never read the reasoning behind the indicators.Get the book of the creator of the system that you like and stominate it thoroughly.Only my humble opinion.Happy parties!Lawrence, aka The Bear
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Re: A rookie
When learning from a course, you will acquire knowledge in the correct order and, if the course is good, the information will be adequate.Then you can study in forums like this and you will be better prepared to distinguish the good from the bad.Learning in the form of lessons is generally faster and easy to try to filter lots of information on your own.After doing one or two courses, you will be able to get the real jewels among everything you find here.I wish you the best in your learning!
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Re: A rookie
Thank you all for the advice.I think it's true, I'm missing a solid base before getting fully into trading.I've been jumping between threads looking for answers, but I realize that I need something more structured.I will investigate some Forex courses and start there.When I feel more confident, I will return here to continue learning and adjust what does not work for me.
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Re: A rookie
I'm glad you made the decision to form better before continuing to operate.Many people throw themselves into the market without preparation and, as you say, "the fingers are burned."The good thing is that you have already learned from that error and you are willing to improve.Trading is a marathon, not a race.Take it easy and you will see how the results begin to get!
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Re: A rookie
The fact that you recognize that you need to learn more already puts you in a better position than many others.Many traders refuse to accept that they lack knowledge, and end up losing everything due to pure arrogance.Keep learning, keep practicing, and above all, don't despair for getting quick results.The successful trader path is long, but it is worth it.