A mature advise to beginners

Discuss A mature advise to beginners at the Forex within the Traderji.com - Discussion forum for Stocks Commodities & Forex; You may have found that most of the new traders in fx market seems to ...


Go Back   Traderji.com - Discussion forum for Stocks Commodities & Forex > THE MARKETS > Forex

Notices

Forex Discuss trading the foreign exchange markets.


Reply
 
Thread Tools
Sponsored Links
  #1  
Old 8th February 2007, 03:35 PM
Member
 
Join Date: Feb 2007
Posts: 11
keegan99k9 is on a distinguished road
Default A mature advise to beginners



You may have found that most of the new traders in fx market seems to have luckiness with them. Their first deals always bring them good profits. This luckiness, however, disappears after a short period of time. Some of they start to lose money, or even leave the market finally.

What is the reason for the so called "beginner's luck"? Why it is not long-lasting? How to gain real luckiness in fx market?
Reply With Quote
  #2  
Old 9th February 2007, 02:13 PM
Member
 
Join Date: Feb 2007
Posts: 13
davis9786 is on a distinguished road
Default Re: A mature advise to beginners

Since this is the investment world, you have to invest too. Buy trading books; allocate time to browse forex sites that offer training. Read, read, and read. Then look for a mentor that you know who has knowledge on the game, learn from him, from his ways. Open a free demo account on forex companies to have a feel of the market. I’ve found e-book named Forex Trading Machine on forexboost.com it provides free training on forex trading.
Reply With Quote
  #3  
Old 9th February 2007, 02:25 PM
Member
 
Join Date: Nov 2006
Posts: 1,366
kkseal is on a distinguished road
Default Re: A mature advise to beginners

Quote:
Originally Posted by keegan99k9 View Post
You may have found that most of the new traders in fx market seems to have luckiness with them. Their first deals always bring them good profits. This luckiness, however, disappears after a short period of time. Some of they start to lose money, or even leave the market finally.

What is the reason for the so called "beginner's luck"? Why it is not long-lasting? How to gain real luckiness in fx market?
I guess the 'luckiness' disappears as greed rises without a corresponding rise in insight & efficiency.

Regards,
Kalyan.
Reply With Quote
  #4  
Old 10th February 2007, 10:19 PM
Moderator
 
Join Date: Jul 2004
Location: Retireville
Posts: 1,543
Blog Entries: 1
CreditViolet will become famous soon enough
Default Re: A mature advise to beginners

Quote:
Originally Posted by keegan99k9 View Post
What is the reason for the so called "beginner's luck"? Why it is not long-lasting? How to gain real luckiness in fx market?

To gain real luckiness in fx market - Become a broker


CV
Reply With Quote
  #5  
Old 15th February 2007, 02:04 AM
Member
 
Join Date: Jan 2007
Posts: 1
shame is on a distinguished road
Default Re: A mature advise to beginners

Hi

Being a live trader for years just a few pennies. 1. Find a strategy that work for you. 2. Stick to your strategy. 3. Patience, dont look for a trade. 4. You are not going to become rich over night.

Enjoy your trading,

PS Head and shoulders / crowns / lo-hi are usefull info
Reply With Quote
Sponsored Links


Reply

Bookmarks


Advertise Here


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads for: A mature advise to beginners
Thread Thread Starter Forum Replies Last Post
Beginners Future..... nandu Futures 9 28th November 2006 08:17 PM
Advise on SEBI's new rule mpgrewal Equities 1 4th May 2006 07:01 AM
advise on sesagoa mkpandey Equities 2 25th June 2005 11:24 AM
Need advise on portfolio management rags Equities 3 18th June 2005 06:48 PM


All times are GMT +5.5. The time now is 07:19 AM.

Indemnity, Disclaimer & Disclosure Notice:
• By visiting Traderji.com you indicate your acceptance of our Forum Rules Disclaimer & Disclosure and indemnify Traderji.com, its associates and related parties of all claims howsoever resulting from the usage of the forum.
Disclaimer: Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility. Traderji.com will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information.
Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.
• All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy of information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. If you find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
 


Copyright © 2001 - 2008, Traderji.com All Rights Reserved.

Recommended Websites - www.TradersEdgeIndia.com - www.TradingPicks.com - www.MasterOfTrading.com