Good Advice for newbie to learn forex.

[mrinalini]

According to me, The advice should gone to be get good knowledge and experience and should not be greedy in the first step of trading and have well patience in the platform of Forex trading ..

A trader should not be greedy and if the markets offer the profits in a trade that trader expected based on his analysis a trader should book those profits and then look for another opportunity to trade. He should not be greedy and let his trade run and then markets turn back to the point where it started. So one should always book their profits .

[afsana]

According to me, The advice should gone to be get good knowledge and experience and should not be greedy in the first step of trading and have well patience in the platform of Forex trading ..

[akatsuki]

Because if one dala doing SL so that our capital will be reduced its best to SL at the moment we have reached about 50 pip profit then we put the SL 20 should practice more and more about demo account and take proper trading plan and strategy accordingly we know that huge amount of pips in take profit is really hard to make and it may be risky also rather than i think beginner trader need to make practice in demo account to prepare their trading strategy before used in real account

[payar]

bhei forex ko learn karn ka liye demo acount best hum ko srif tarding ka experice hony cheny pher hum tarding se achi proft kamn sakt hein hum ko demo pher zarore daily pratice karn cjheny pher ko naksan b kam ho gy.

[ifda]

newbie trader should use this forum for gain lot of knowledges about forex trading, we know that forex trading is not easy, forex trading is very difficult business, 95% traders failed and lost money in forex trading, prepare your strategy and skill before make investing in real acount

[fxmoney]

when new trader enter to trade in the forex market then they must have to try to trade on the demo account first as it is one of the free account with the help of which he can learn the basics of the forex trading.

[joujanshedga]

I can say that to all the newbies in the forex, dont rush into he reals as a forex account trading before you earn the knowledge to do it profitably, invest all the tme that you can get to learn, demo practice all the time, risk safely when you join the real account and always do the analysis of the forex market all the time before opening trades to make sure that you are on the safe sided !

[babul_ct]

allowed inside fx trading. In case you are some sort of novice in addition to If you would like be successful investor then you need to understand nicely at first. then you need to have to more practice inside demo accounts. after you will start true deal then you need to do all sorts of investigation. and you will deal together with very good dollars management in addition to tolerance.

[houjngasb]

Certainly that forex trading business is risk business. so, you will not invested as money without learning the forex trading business. so, you will learned as the forex trading business firstly as through the demo account. and to improve your skill and then do this business !

[mrinalini]

Oh i see now so your mean is a risk and reward ratio in trading let alone Studying the experience of others also need to improve our understanding of the forex business after all 1st time study forex and more time practice forex demo account but pe that it will be improved but the rule of nature is always unpredictable so this is the main and first condition here and all time we wants to be confident

Risk and reward ratio means the amount of risk you are willing to take to earn a certain amount of profit. For example if you perform a trade with 30 pips stop loss and 60 pips profits then your risk and reward ratio is 1:2 .