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Thread: What to do as a beginner.

  1. #1
    Banned rocky665 is on a distinguished road rocky665's Avatar
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    What to do as a beginner.

    Hey friends i'm new in forex trading and i can't understand what i need to do now. So i need help to trading with forex.

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    Member james is on a distinguished road james's Avatar
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    Quote Originally Posted by malik View Post
    I will suggest you point by point as follow.

    1- Open a demo account and learn trading from this account at least for three months.

    2- Learn the important signals like , Stochastic, RSI, MACD, Bollinger Band and Moving averages.

    3- Learn the basic trading techniques like Support and resistance levels, Trend Lines and candle stick etc.

    4- Learn the technical analysis as much you can and your next step should be fundamental analysis learning that you will be able to understand on later

    5- Learn money management and risk management( keep in mind you should never risk more than 2.5% of your capital.)

    6- Always use stop loss and TP in your trades.
    besides this you can learn at ********.com also though its lot of study to do you can eventually start over there once you get the idea of trading you can ask help form the forum members to help you..even though its a long wa at ******** there i humor in it so you wont get bored reading it

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    Banned nsawork is on a distinguished road nsawork's Avatar
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    Quote Originally Posted by james View Post
    besides this you can learn at ********.com also though its lot of study to do you can eventually start over there once you get the idea of trading you can ask help form the forum members to help you..even though its a long wa at ******** there i humor in it so you wont get bored reading it
    I am using a lot of resources that are freely available from the Forex Pros as this gives the users the ability to get an insights into the markets and thus know for sure when it would be betetr to make the trades and when its okay to stay away from the markets.

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    Member 100c has a spectacular aura about 100c has a spectacular aura about 100c's Avatar
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    Quote Originally Posted by rocky665 View Post
    Hey friends i'm new in forex trading and i can't understand what i need to do now. So i need help to trading with forex.
    Nothing to do just open a demo account and start trading with patience. Also remain active in this forum and read daily all posts, these post help you time to time during your trading. Take experience from this forum all members help each other in this forum.

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    Member Ronak will become famous soon enough Ronak's Avatar
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    beginner has to open new demo account and trade on it....and should get experience of real market trading..and besides get a knowledge of all thing that related to the forex...from forum like ********......trade on demo untill u realised the time when u ready to jump into real market with real account
    "We dont get paid for activity, just for being right. As to how long we will wait, well wait indefinitely."- The Legend Warren Buffett."

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    Banned s19 is just really nice s19 is just really nice s19 is just really nice s19 is just really nice s19's Avatar
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    Quote Originally Posted by rocky665 View Post
    Hey friends i'm new in forex trading and i can't understand what i need to do now. So i need help to trading with forex.
    well you are present a very good indian forum you always got help whenever you need.

    first you go on www.********.com for learning & understanding the basic concepts of forex after that you open a demo account and trade there..
    when you make profit and feel that you are ready for real account then onep real account.

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    Member gosians is on a distinguished road gosians's Avatar
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    I think first of all you need to learn that what is forex market and how it runs and then you can get some basic knowledge from different site after that you need to open a demo account and do practice on it and take part in discussion.

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    Junior Member mojacko is an unknown quantity at this point mojacko's Avatar
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    I want to learn forex in this forum, I am reading a lot of threads here and I am learning good things about forex. I'm happy that someone invited me to join here.

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    Banned sejun is an unknown quantity at this point sejun's Avatar
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    yes, I usually using TP only 10 pips. When I tried TP around 30 pips, I waited until hit, but only 28 pips I didnot execution to take profit , condition became versa position, and become loss. I think 10 pips enough to collect money from forex.

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    Member speedy will become famous soon enough speedy's Avatar
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    Quote Originally Posted by rocky665 View Post
    Hey friends i'm new in forex trading and i can't understand what i need to do now. So i need help to trading with forex.
    You should start trading in demo account for at least 3-6 months plus try to learn from different websites e.g. ********. Join different forex forums and try to fully participate at these forums so that you can get familiar with the experiences of other traders.

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