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Beginner problem
I am beginner in forex. I would like to learn forex trading. Basically binary and long term trade in forex very interested. Please help me.
metaloxide wrote:
I am beginner in forex. I would like to learn forex trading. Basically binary and long term trade in forex very interested. Please help me.
you are welcome here man you are in the right place for learning there are many experienced members here who will help you just visit the forums and keep ask them.
i was learned by this process..
Welcome! It's awesome that you wanna learn about binary and long-term trading. Super exciting stuff!
For binary trading, you'll wanna study candlestick patterns and maybe try out some strategies. It's a bit of a fast-paced game.
Long-term trading is more chill. Look into fundamental analysis, like news events and economic stuff. You hold onto your trades for longer, hoping they'll grow like a money tree!
I am beginner in forex. I would like to learn forex trading. Basically binary and long term trade in forex very interested. Please help me.
Binary options can be quite appealing for beginners due to their simplicity, you know? They're speedy but can be a tad risky, my friend. On the other hand, long-term trading is more laid-back. It calls for some in-depth analysis and a bit of patience, but it's less nerve-wracking. Diversification is the name of the game. Got any specific questions in mind? I'm here to help!
Oh man, brings back memories of when I first dove into Forex. Let me tell ya, it was a mix of excitement and "what have I gotten myself into?"
I started with binary options, lured in by the simplicity. It was like, pick a direction, and go, right? Well, my first few trades were a wild ride. I remember making this small win on my first trade and feeling on top of the world. But then, bam! The next few trades, I lost. It was a bit of a reality check. Learned pretty quick that it wasn't just about guessing; it was about understanding the market.
Then I shifted to long-term Forex trading. This was a whole different vibe. More research, more reading up on economic news. I'd set up trades based on my analysis and wait. Sometimes I'd hit the mark, other times, not so much. There was this one trade where I was so sure I'd nailed it, but then a sudden news event turned everything upside down, and I ended up with a loss. A tough lesson in keeping an eye on the global scene.
Through it all, the wins and losses, I realized Forex isn't just about making quick cash. It's a learning journey, full of ups and downs. The key? Never stop learning and don't let those early setbacks get you down. Stick with it, and you'll find your groove. And hey, remember, the community's always here to back you up
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