I'm starting and I need your advice.

[jiSuTkr234]

Hi everyone I�ve been testing demos and exploring the world of forex for more than two weeks. I�ve read a lot and done many test operations. I feel like I�m ready to start trading in real. I�m thinking of opening account with two brokers. In the next few days I�ll start in real with Oanda. I chose them for their low spreads and for good recommendations both here and in other forums. I�m also testing the EFX demo from tonight and I�ll decide at the end of the week. I really like the MT4 platform and I�m looking at several brokers that seem right: RFXT, FXDD and IBFX. Although IBFX has a high spread, especially in my beloved GBP/JPY, 10 pipes! (at least that marks the demo, if I�m wrong, please correct me.

[jiSuTkr234]

Now the most important thing: as a novice, I am confused by the opinions so different between traders. Sometimes I think I can make a fortune every day or every week operating with 1-3 standard lots at a time (this according to what I get in demo

[jiSuTkr234]

I am convinced that if I do the same in a real account, I can make good profits. I am generating minimum $1,001 a day (operating with no more than $3,001 virtual for 5 to 8 hours

[jiSuTkr234]

Look, if you think you're going to win $1,001 every day with a $3,001 account, you're going to crash into the wall faster than you imagine. This isn't a ticket-printing machine, and thinking like that is just going to lose everything. I'm not telling you in a bad way, I'm telling you because I've already seen too many people in them. You may have good streaks, but the market doesn't forgive overconfidence. Land, lower your risk, and learn to survive first before you think about lining up.

[jiSuTkr234]

I think it's okay for you to be motivated, but don't confuse enthusiasm with preparation. Two weeks is nothing. You haven't seen any important news, nor do you know how your head reacts under real pressure. Take it as a marathon, not a 100-meter race. If you're already winning in demo, use that time to document each operation and look for patterns, not to think about buying a Lamborghini in six months.

[jiSuTkr234]

I give you credit for wanting to learn and asking questions. There are many who don�t even do that. But you lack a dose of brutal humility to understand what world you�re getting into. The real and the demo are distant cousins. There are no emotions, no pressure, no real money. When you see an operation go red and start sweating, that�s where you�ll know the difference.

[jiSuTkr234]

This initial emotion has happened to us all. In demo everything flows and you feel invincible. But when the real spread arrives, the slip and the nerves, everything changes. I kept trying, but now with a serious focus. Arm a log, measure your ratios, adjust your risk management. The one who survives in forex is not the one who wins the most, it is the one who loses the least.

[jiSuTkr234]

Thinking you're going to double your account every week sounds more like a casino than trading. You're operating as if the market owes you something, and that's going to leave you dry. The key is consistency, not fireworks. Winning every day is not a strategy, it's a fantasy. I learned to lose well and to win slowly, there's business.

[jiSuTkr234]

You're right to distrust brokers. Many offer you gold and Moor, but then they burst you with spreads, rejections and manipulations. I chose with magnifying glass, not in a hurry. Oanda is a good option to start with. You have reasonable spreads, good execution and decent support. But like everything else, try it with little money first. Let them show you that they work.

[jiSuTkr234]

Your strategy of using multiple temporalities and confirming with indicators is not bad. But if you are looking for signals to enter every half hour, beware of overanalysis. Technical analysis is useful, but if you don�t combine it with emotional and risk management, you go to die the same. You�re new, so try one thing at a time and don�t want to eat the market one.