If you ever wonder how many people make profit when market is going down or up
here are few tips on how to get started for Beginners
(this is based on my knowledge and how I do it )
1. You need to choose a Broker I do use IC market as broker
2. You need MetaTrader 4 or 5 app
Once you have done the KCY on Ic market it gives you the account info which u will use on Metatrader
3, Use Trading View to see the Real time Charts if the coin you are trading
4. See what time do news Starts as most of them have high impact I do use
https://www.forexfactory.com/calendar and those that has
red color have a lot of impact
Never pay for telegram groups that sells Signals all of them are Scam, if he know how the market will go he would trade for himself and would not have time to manage the group or ask for payments !Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose.
Before you start to put real money into trading
START with DEMO account and learn a lot before starting with real money Learn how to us
There are many people who made money from trading and there are a lot who lost money too by being greedy or lack of knowledge
Hope this thread helps someone
Cheers from MarangoZ
The new traders are the ones that lost money most in trading compare to old traders that experienced some challenges to become professional traders that know when to make money from trading. Once you get the knowledge of trading from those that understood trading, it make you to flow in the right direction that will make your target to come to reality in trading, because you will not be greedy when it is time for you to make money from market.
Don't blame some traders that have the spirit of greedy towards trading, because they believe there will be another price that will be favourable than the current price that will make them to regret for not trade on time because there is a greedy attitude in such traders.