What to do as a beginner.

[kampung]

Studying in the forum is highly recommend if you are in complete beginner because this forum is a gathering place for both new traders to learn and that has been experienced so that it can take a lesson from it

yeah true what you say I think the forum is the right step for the beginner because the circuitry so we will have the opportunity to get a lot of discussion and ask the merchants senoir which we have not understood

[malik83]

if you are a beginner ant want to trade in forex market then don,t be afraid and feel to be relax. if you manage your capital and make strategy and trading plan before start trading then you will able to get profit from trading.

[mind4sale]

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.

i agree with you but i dont prefer set stop loss in demo account.new trader should watch the market where the price go and get up/down again by this they get some idea about where they should place stop loss because many trader dont know where to set stop loss its will help them

[ermaniso2011]

just go to ********.com and click to school start to study everything about forex.so when it is all clear for you then the next is to search or study for a good strategy.when you find some then open a demo account and follow the strategy and see the result and study your positives and negatives and focus on your personal discipline and plan.then you will be welcome to forex world.

[TrojanFX]

If you are new in this line, then i would recommend you to go for demo account before entering in live account. Demo account will enhance your skills and it will boost your confidence to such a level where you will be able to handle your live account without any tension

yes, this is true. demo practice is the good learning option. Forex education course help to make you perfect and strong trader. we can not make profit by same strategy we need to renew strategy for make consisting profit in Forex trading.

[krishan]

learn the basic of forex first.
understand it properly and dont skip any chapter.
and then prepare and strategy open a demo account and test it.do demo trading or cent trading with small amount like $5.
do it for minimum 2-3months atleast.
if you get consistent profits then enter into live trading.

[faruq]

If you are new in this line, then i would recommend you to go for demo account before entering in live account. Demo account will enhance your skills and it will boost your confidence to such a level where you will be able to handle your live account without any tension

[krishan]

एक नौसिखिया पहली बात के रूप में आप और याद करने का पालन करें कि कृपया असली खाते सीधे खुला नहीं करना चाहिए है. एक छोटी राशि के साथ पहले डेमो खाते पर व्यापार. डेमो खाते के लिए बड़ी राशि का उपयोग न करें, तो आप जोखिम प्रबंधन को प्राप्त करने में सक्षम नहीं होगा. कई ट्रेडों जगह नहीं है.

[amit]

Yes forex forum is very useful for every forex person. I learn a lot in forex forum. forex forum is very helpful. In forex forum you can discusses and learn each other.

[pritysharma]

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.

Thank you very much for your useful article in the forex market for the beginners to learn about the forex very actively.As a newbie I have got some interested and effective information about the forex and the rules of opening a starter account.So I shall use this method to learn forex.