What to do before trading ?

[Chamika]

before place a trade, it is always important to analyze the market with the strategies we have. especially we need to predict where the price is moving and we need to check whether if there are major news impacts can occur after we place a trade.

[Habib Mondol]

Before trading every beginners need more study and more demo practice.Beginners can study by this forum post and other site recharge.Mnay many thanks brother for share your post.

[satya]

If you want to create benefit in your trade then you need to see many think before start any trade. I think before trading trader should see the essential information and other effect what will be occur in forex market and must research the data that can help trader to make good trade.

[naziakhan]

bhai jab tak hum achchi analysis nahi karna sikh lete hai, real trading billkul bhi nahi karna chahiye, trading mein buy ya fir sell se pahle, market ke bare mein news ya fir technical karna padta hai, sahi entry dekhna padta hai.

han bhai ap na bilkul thek kaha hay k agar hum analysis nh kartay hay tu hamain kabi bi real account open nh karna cahiyay .sb sa pahlay hamain demo per achi learning nh karni cahiyay fr real account open karna cahiyay .

[dareking]

trading se phly humy trading rules ki samjh honi chaiy.... jb tk hum demo account m mistkes krty hn tb tk real trading nhi krni chaiy, forex trading k liy humy all time active or sharp mind rhna hota hy, demo practice humy successfull trader bnati hy

bhai jab tak hum achchi analysis nahi karna sikh lete hai, real trading billkul bhi nahi karna chahiye, trading mein buy ya fir sell se pahle, market ke bare mein news ya fir technical karna padta hai, sahi entry dekhna padta hai.

[salsa]

is really very important for us to analyze price movements before we entered the trade this is very useful to minimize losses when we are wrong in our analysis and trading can be convenient in our analysis when appropriate and we also got to see a good money management in every trade we

[Adaja92]

yes before going to trading in Forex you must have an account. for this you have to conduct with the existing account holder that help you to conduct their business properly.As a new in Forex i just want to say that newbies follow the strategy that open an account from the existing account holder and who trade in Forex right now, follow the indicators advice, know about your trade,be confidential on your decision then you will start your trade from here, i think.

[WDholic]

be prepared well in advance of trading, you must know and understand the workings of a system or strategy you use, make a clear plan in detail, review the schedule or the economic calendar has a strong impact on the currency pair price movement on that day . and do not sleep when you're trading!

[masudd]

Before open a trade I try to collect all news related that currency.I think this is the main task to understand the market movement because sometimes technical analysis don't supply the correct information.Many time I see that technical analysis provide buy or sell signal but market move in different trend just for news related that currency.I think you also have some experience like that.So it's better to follow the technical analysis but trade in news time.I always try to open a trade when the price reach into support level.It's better to get something but loss nothing.

[mehrabism]

I think the most important thing is find out the space from where tou get ready made technical and fundamental analysis and current new related to pair that you are going to trade. Because when you go to your live trading screen these things are readily available to you for quick decision making.

Therefore, the foremost step in searching for the most lucrative currency signals is to get rid of automated ones with no human intervention and focus only on those generated by professional forex traders using the most sophisticated tools.