What to do before trading ?

[suzonbmw]

Hello,Before you start trading any currency pair, you should very well know about its fundamental and technical aspects. You must read all analysis, all news related the currency pair you want to trade and its forecast behavior for the day and the coming week. A successful trader always learn and learn before he wants to order some pairs. Even us, as newbie, we must learn and learn how we trade correctly, and finally we can make profit with Forex.

[bimz]

we need to start trading in a relaxed state so that our analysis will go well,,, watch the previous data in your chart analysis .. do well .. when our analysis is perfect, we must immediately enter the market .. do not ever enter the market when we have a problem beyond forex itself ..

[manikah]

First I decide which trading strategy I will applied for that trading.Then I calculate my risk factor and organize money management system for sustain in this market for long time.I believe that if I stay long time in market profit must will come.I never forget money management system due to any entry position.

[youngest]

there is only but one thing to do before before trading. once you opens your laptop and connected to the internet the first thing to do before opening any position in forex trade is to analyze the movement of the market and sees if it suits your strategy for trading. do your fundamental and technical analysis very well because this will help to know exactly the next step or the position you will enter. this is done to avoid much loss while trading

[hiddenpain]

yes that's right brother , should read the news and get some technicals and strategies before start trading ,for who start gambling as you said sure will lose a big part from his capital that's if he didn't lose all

[indafx]

before trading following a sure thing I check:
- Major trend
before entering into a currency pair I would make sure that I know the major trend of the currency pair. this is for all my orders in line with the major trend.

- High impact news
I will definitely be aware of the high impact news that will affect the currency pair will I buy.

[ariesekunder]

before trading should pray first
determine the direction of our trading
long term or short term
select a currency
provide money for deposit

[suzonbmw]

Before you start trading any currency pair, you should very well know about its fundamental and technical aspects. You must read all analysis, all news related the currency pair you want to trade and its forecast behavior for the day and the coming week.I think every successful trader do the same thing before entering his trades. But the thing here is to consider is make good analysis. Do not expect any thing from market but judge the market what it is doing and where it is going. That's all about good analysis.

[pisses[69]]

I think every successful trader do the same thing before entering his trades. But the thing here is to consider is make good analysis. Do not expect any thing from market but judge the market what it is doing and where it is going.

Proper money management will help us to make our trading account grow more rapidly and avoid us from suffer big loss in our trading thats can make you suffer margin call in your account.

[zahira]

You are appropriate monastic. I suppose every successful trader do the aforesaid abstract before arrival his trades. But the object here is to meditate is piss reputable psychotherapy. Do not await any statement from industry but determine the marketplace what it is doing and where it is exploit. That's all around opportune reasoning.

Money management is a means of managing you account balance in line with proper trading. a good money management should always consider not spending not more than 3% of your account at a single trade. if you follow this kind of process you would be able to trade conviniently and not born your money e.g an account of $100 shouldn't trade more than $3 at a single trade.