Forex trading is one of the few elite trading routes popular worldwide. These are the largest financial markets, where trillions of dollars worth of transactions are carried out daily. Unlike other types of trading, Forex is strictly regulated by international financial agencies. It ensures reliability and reduces risks for traders.
If you have no experience of trading on global currency markets yet but have an irresistible desire to master this profitable activity, learn about the experience of other traders. It is possible to start trading from scratch and succeed by knowing the stories of other market players, as well as by enlisting the support of a reliable broker such as DotBig Exchange. 
Reasons to Learn Real Stories from Forex Traders
Studying Forex traders’ stories is helpful for moving ahead of new market players. By reading about the successes and mistakes of other traders, beginners gain valuable experience.
Surely, these stories do not contain specific charts and setups. Nevertheless, they provide crucial details:
- advice from experienced traders;
- indications of their failures and successes in individual Forex deals;
- basic rules and regular mistakes.
Novice participants should familiarize themselves with the history of traders who were able to earn a lot. It will also be helpful to learn about difficult times when market participants went through losing streaks or difficulties. The main thing in these stories is that sooner or later Forex participants are able to overcome difficulties and succeed again.
Forex Trading Tips from Scratch
Here are some Forex trading tips that will help beginners find the best way to trade currency online:
- Forex trading always involves risk. Traders make financial transactions and risk a certain amount of money to make a big profit.
- Do not try to make a profit right away. Learn to trade Forex gradually.
- Determine the amount you are willing to invest, the amount you can pay the broker as a commission, as well as your trading goals.
- Start with a small amount, and once you succeed, you can increase the size of your account.
- Conduct Forex deals calmly and wisely. First, focus on one currency pair. Move slowly but surely.
- Do not place trades without understanding. Happiness does not lie in ignorance when it comes to Forex trading.
- Do not trade based on assumptions, intuition, guesses, or rumors.
- Learn to read charts and understand patterns to make the right trading decisions.
- Stick to market trends, at least at the beginning.
- Forex is very volatile, and the best traders are those who know how to take advantage of changing trends.
- Be wise. Control your emotions. Don’t be presumptuous. Make logical decisions.
- Decide to take risks and be prepared for losses. However, focus on minimizing losses and maximizing profits.
- Learn from your mistakes and keep trying. Be patient. No one becomes an experienced trader overnight.
Remember, trading on the Forex market from scratch is challenging. However, if a person is patient, disciplined, and has realistic goals, nothing will stop him. And the DotBig broker will become an excellent support.
DotBig For Novice Traders
DotBig Forex exchange provides qualified assistance not only to large financial players. Investment company managers help novice traders acquire the skills necessary for a successful start. In particular, qualified exchange experts train newbies:
- Comprehensive technical and fundamental financial asset management skills. It’s about assessing the movement of a market trend and predicting the future value formation of a particular tool;
- Tax planning. The managers of DotBig Forex broker advice in detail on which classifier to legalize income under in order not to receive a fine and legally pay less costs.;
- Proper long-term risk diversification. Expert traders provide consulting services on reducing the impact of volatility on an investment portfolio. Under strict supervision, DotBig Forex Exchange newcomers segment the portfolio, ensuring continuous growth in the total price of the investment portfolio.
Beginners receive support in trading, regardless of the amount of the first deposit. Technical support managers work 24 hours five business days a week.
DotBig Support
In the Forex dealing process, a beginner receives competent advice from the best exchange experts working with the global market. DotBig platform employees give productive tips and recommendations to increase the profitability of transactions.
Besides, the broker provides comprehensive training for new investment participants according to advanced training programs. The courses are designed for users who have absolutely no basic skills in working with markets. The Forex Exchange conducts training for DotBig clients free of charge as part of the service after registering an account on the website.
DotBig Safety
For Israeli beginners, as well as experienced users, the security aspect is extremely crucial. The DotBig exchange uses multi-level protection. The complex consists of deep transaction encryption, 3DS, and an MD5 and AES256 cryptographic database. All this, combined with account segregation, provides maximum protection for assets and personal information.
The financial company is officially regulated, which means that the regulator monitors compliance with the terms of service. The broker does not hide information about itself. All the information about current activities can be found directly on the DotBig website.
DotBig Reviews from Israeli Traders
Here are some recent reviews about the DotBig investments platform. Novice traders share their experiences and what they like on the site.
Ahiram, 28 yo
“Everyone would have worked like this!
With DotBig, I have made my first trading steps. Fast transactions and reliable account protection are what I value most about this site. And of course, a large set of cryptocurrencies, a user-friendly interface, and commissions do not bite. So I recommend it, especially to a novice.”
Daniel, 45 yo
“I have started from scratch – so far all goes fine.
By now, I have good thoughts about DotBig broker. With it, I have traded for almost a year. There are no complaints at all. Trading terms are transparent and beneficial for me. Besides, one can withdraw money to cards without problems. I have learned how to make good money on this platform. By watching training webinars, I always stay on Forex topics. I recommend that novice traders in Israel remember that learning takes years. At this time, you need to immerse yourself in trading and do only that, and spend more time communicating with successful Forex participants.”
Yagil, 37 yo
“There are many brokers – I chose DotBig.
A year ago, I read reviews about different brokers, and I chose DotBig after all. I have been trading for more than half a year and, so far, I like everything. The terminal is convenient and functional, and it is very convenient to analyze the market. When difficulties arise, I contact technical support. They respond quickly and help me, for which I thank them a lot! There is training for beginners here, so it is not hard to figure it out. I can mention premature opening of positions and simultaneous trading in many markets as my main mistakes.”