What to do as a beginner.

[niteshforex]

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.

[xiaotanghao]

As far as I am concewrned,I hink you need to do is to learn more forex knowledge tehre.You must try your best to learn the forex well,including the trading skills and strategy well.Try to be confident during your trading.

[dintera]

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.

We must be ready to spend the time learning the techniques of trading, understand the fundamental and technical aspect of it, reading about new and improved trading strategies and try to implement and perfect them in our demo account. With right knowledge, we can radically reduce the risks which will create even more opportunities for achieving trading success.

When we are ready to go for a real account, we need to plan our trades and trade our plan. That is how successful traders make money. As regards to profit making concept, we should be more realistic and always focus on small but consistent profit.

, and working whole-heartedly and

[rahibul]

First Forex demo account is one of the best training and practice tool that anyone can really of some who can, the future traders benefit underestimated a demo account trading and overlooked benefit all, but they should know it is a necessity, they want to be profitable. When you open a demo trading account, they can trade with virtual money to do the same as in real analysis, to test different strategies without risking real money.

[AhmedHA]

the first step my friend you should be patient and organizer, then you should learn technical analysis from books ,youtube videos and any suitable sources.
after that try to apply what you learned on charts by making a demo account . it's very useful for a beginner.you should know how to manage your capital and what you want from the trade you open,I mean that you should put a target to the trade you enter by using the tool of Take Profit and Stop loss .
read more and more in this interesting field and apply quickly on charts and always learn from your mistakes. good starting

[raka999]

as a beginner, of course, we must know first how to use the metatrader . how to open a position, set the TP, SL, etc... Next, we need to know about the indicators, as an aid in predicting the price. Next, do the trading on a demo account until we really can. then, we can try on real account. If not sure, use a small capital first.

[malik83]

as a beginner you should be practiced on demo account for gaining experience and before to start real trading in forex trading you should be manage your capital and don,t be emotional in trading.

[amitnihalani]

hi i m new in forex....... as a beginer...... n i don't know about forex trading .......... can u tell me plz...... what to do as a beginer

[niteshforex]

As a newbie first thing you have to remember and must follow that please do not open real account directly. First trade on the demo account with a small amount. Do not use large amount for demo account, you will not able to get risk management. Do not place multiple trades.

[niteshforex]

As a beginner, the first thing that you ought to do is to learn the basic things about forex trading. When you have learned this knowledge, then you can now begin to test what you have learned on a demo account. A good place to learn is from this forum where you are now. After you have developed a strategy and tested it profitably on a demo account, then you can start trading live account.