Steps that must take before or after trading...newbies just look out it. [Archive] - Page 2 - Forex Forum India

regu

2012-04-25, 12:34 PM

We can become successful even with a good strategy because all our profit may be converted into loss.It is all game of state of mind and it is in our control to drive our emotions in either way.If we do such then it will be easy to loss but very hard to gain green pips. The beginners should always keep an eye on news because market responds very rapidly to some news.

nizamitrading

2012-04-25, 12:53 PM

1.) view all news to be released for the day and time of release.
2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.
3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
4.) Follow your trading rules strictly.
5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.
6.) Never take side during trading, you are here only to make profit so always trade in the direction of the current trend.
7.) Always go through your chart at the end of the day, the week and the month.
8.) Learn to always include the spread of whatever pair you are trading on in your stop-loss.
9.) As far as your analysis/forecast in the lower time frames are in the same direction with the current trend indicated by the stochastic on the 4-Hour chart
thank you my dear app ka bahot bahot he shukriya jo app ne itni achi information ham se shar e ki ha ne main to es ko dekh kar kafi khush howa houn or mugh ko ye kafi useful lagi ha app ka bahot bahot he shukriya jo app ne ye post ham se share ki ha

Forexboy

2012-04-27, 01:33 PM

it is a subject will benefit all new to Forex and I see that you can add something about it that should be on every beginner to enter the demo account for at least 4 months until the transaction perfect for the card and know the open points and conclude other traders.

mr revo

2012-05-01, 02:34 AM

Concentration is needed very much to have a good decision. We should observe the market properly before taking any position. Decision should be taken on the basis of technical and fundamental analysis.

birbolnath

2012-05-01, 09:50 PM

1.) view all news to be released for the day and time of release.
2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.
3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
4.) Follow your trading rules strictly.
5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.
6.) Never take side during trading, you are here only to make profit so always trade in the direction of the current trend.
7.) Always go through your chart at the end of the day, the week and the month.
8.) Learn to always include the spread of whatever pair you are trading on in your stop-loss.
9.) As far as your analysis/forecast in the lower time frames are in the same direction with the current trend indicated by the stochastic on the 4-Hour chart

Thanks for your nice thread. Its really helps us. Also helps the beginner too. If anyone follow all topic that can may be helps them to gain in forex trading market.Thanks again for you nice thread.

rafiqutso

2012-05-12, 02:50 PM

Very good instruction. Every one should follow those. Side by side one should work according to his own experience. We must also have knowledge of world Economy. Critical situation of the wold should be considered also.

kapil_chemical_07

2012-05-12, 03:13 PM

Very good post and I am completely agree with you.You have mentioned the crucial things forex trading business.The nine matter,that you have mentioned are really useful.Thank you brother,for your good post.

julianambas

2012-05-12, 05:00 PM

in forex trading are often controlled by a sense we want to get more profit. but we know this is not good.
in trading we could get a good profit with the right strategy and a good moment as well. when we get a reasonable profit is better then immediately got out of the position that we make.

tashnotashi

2012-05-12, 05:39 PM

1.) view all news to be released for the day and time of release.
2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.
3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
4.) Follow your trading rules strictly.
5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.
6.) Never take side during trading, you are here only to make profit so always trade in the direction of the current trend.
7.) Always go through your chart at the end of the day, the week and the month.
8.) Learn to always include the spread of whatever pair you are trading on in your stop-loss.
9.) As far as your analysis/forecast in the lower time frames are in the same direction with the current trend indicated by the stochastic on the 4-Hour chart
thank you my dear friend app ne to kafi achi post ham se share ki ha es main kafi acha knowledge app ne ham se share kiya ha main to es ko read kar k app ko ek bar phr thank you kahoun ga en ko read kar k knowledge main kafi izafa howa ha

darksaimon

2012-05-12, 05:52 PM

righteous decompress and becalm pile before begin the trading.look at the interpret and try to analysis from big reading system to microscopic dimension enclose.then accounting reputable mark,put layover loss and stand profit.move and see the industry or we can do else activities.

vanigota

2012-05-14, 12:22 PM

emotion is big problem for traders, even this is a problem that mostly difficult to avoid for any traders, for me also.
and you are very right friend because we should developing our psychology, because in my opinion psychology is related with emotion, sometime from emotion will grow new problem like greedy.

hamadmuneer

2012-05-25, 04:03 PM

is threadmain new logon ke liy achi information hai mere khial main ager new traders ye business karny se pehly is pe amal karain to acha profit kama sakty hain kion ke knowledge ke bina koi kam nahi hota

waleedkhan

2012-05-25, 04:43 PM

1.) view all news to be released for the day and time of release.
2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.
3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
4.) Follow your trading rules strictly.
5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.
6.) Never take side during trading, you are here only to make profit so always trade in the direction of the current trend.
7.) Always go through your chart at the end of the day, the week and the month.
8.) Learn to always include the spread of whatever pair you are trading on in your stop-loss.
9.) As far as your analysis/forecast in the lower time frames are in the same direction with the current trend indicated by the stochastic on the 4-Hour chart

kafi achi aur informative knowledge hai newbie kay liya woh is say kafi achi knowledge hasil karah sakta hain aur humaya chiya kay hum jo hai is may say aik achi knowledge hasil karain taka hum achi trading karah sakain...

deep

2012-05-26, 01:23 AM

The major thing that I learned from these tips is never to take sides in forex trading. Naturally I feel that I am a BEAR, meaning that I should always trade when the market is going down. Because of this I sell most of the time even when there is a long term uptrend. It has caused me some few loses but now I know better.

rahimlakhany

2012-05-26, 01:40 AM

1.) view all news to be released for the day and time of release.
2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.
3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
4.) Follow your trading rules strictly.
5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.
6.) Never take side during trading, you are here only to make profit so always trade in the direction of the current trend.
7.) Always go through your chart at the end of the day, the week and the month.
8.) Learn to always include the spread of whatever pair you are trading on in your stop-loss.
9.) As far as your analysis/forecast in the lower time frames are in the same direction with the current trend indicated by the stochastic on the 4-Hour chart

A wonderful thread of beginners dear. This is a must follow information for every young trader. What alot of newbies do is they just jump in this market without understanding anything that's really wrong that way 99% of them lose heavily than they feel sad and they just leave it altogether so is really not the way to do trading.

anton

2012-05-26, 07:00 AM

A wonderful thread of beginners dear. This is a must follow information for every young trader. What alot of newbies do is they just jump in this market without understanding anything that's really wrong that way 99% of them lose heavily than they feel sad and they just leave it altogether so is really not the way to do trading.

absolutely right, if I likened them like walking on a public street with your eyes closed, so they were trading, but could not see anything, so he's just a feeling OP action and of course this is very dangerous and at great risk to suffer from the damage on account him.

bhai1

2012-05-26, 07:56 AM

emotion is a big problem for traders and market analysis. it is very important at all to control your emotion. risk and money management is also very important for all traders.

didikebenaran

2012-05-26, 08:07 AM

The first we have to pay attention to price movements in the prices ...... take a look at what conditions ..... and the price will move in the direction where .... because we do not know the price will go where it goes ... ... so we must consider the price ..... we have just seen is the extent to which price movements ..... then just take a look at the indicators that we use to analyze further ...... .....

the point we made in the trade analysis to look at market conditions at that time then we should see the curvature adlaha economic calendar will be released because then we will have the opportunity to find out how the data will be released and this news gives us alertness also

kawish44

2012-05-26, 08:38 AM

Thank you dear its a very nice post .it is very helpful for newbies .in forex trading news play a very important role to earn profit or loss .every trader must be punctual for market ups and down .you must follow your stratigies about forex stricktily .

deep

2012-05-27, 12:13 AM

I think to follow this it is very important for a trader to place stop loss and take profits before he performs his trade and after the trade is over they should first look if they made profits or loss and if loss then they should try to find the cause of the loss and try to fix it .

intel580

2012-05-30, 09:52 PM

hi, most the time before trading i listen to the news to can make a good decision.and find good recommondations to follow. after that i make orders and try to win some money. i can't analyse good the news for me , i search a good analyse for that and i make a call.

joru

2012-05-31, 12:40 AM

ha apne bilkul sahi kaha hai emtion , greed aur fear ye teeno chize bhohat jyada hanikark hai trading liye. kyuki ye teeno ki jodine bhohat sare traders ko barbad kar diya hai to inko hamesha dur rakhneki koshis karni chaiye

anwar

2012-06-03, 06:40 AM

Very cool indeed it is a subject will benefit all New To Forex and I see that you can add anything
else on this subject should be on every Beginner to enter the demo account for at least 4 months
until the perfect deal with the chart and know the points open and close deals.

rathod

2012-06-07, 12:05 AM

This is often overlooked by most traders. Only a small time frame to make the entry point, without seeing a big trend in large tf. every day I always look tf daily before entering the market. tx.

aamu

2012-06-08, 01:10 PM

faria

2012-06-08, 02:04 PM

this kind of place is a superb know-how pertaining to newcomers. truly also this kind of place is significant us in addition. the news is often a large element pertaining to pair. the newest can be quite useful pertaining to forex trading announcement. without a doubt about that period it is best to in close proximity the business if you utilize M30 as well as lower timeframe.

waqtitrader

2012-06-08, 02:48 PM

1.) view all news to be released for the day and time of release.
2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.
3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
4.) Follow your trading rules strictly.
5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.
6.) Never take side during trading, you are here only to make profit so always trade in the direction of the current trend.
7.) Always go through your chart at the end of the day, the week and the month.
8.) Learn to always include the spread of whatever pair you are trading on in your stop-loss.
9.) As far as your analysis/forecast in the lower time frames are in the same direction with the current trend indicated by the stochastic on the 4-Hour chart
thank you my dear app ne kafi achey steps ham se share kiye haen main to app ka bahot he shuker guzar houn wese main to app ko yahi kahoun ga k koi bhi newbies en steps k muatbiq trade karey to woh kabhi bhi loss main nahi jaye ga

hello927

2012-06-08, 03:08 PM

It is very good and informative article and it is not only for the beginners but also the traders who have less knowledge of the market or who is under confident. It provides a systemetic guideline for trading in forex.

reazforex

2012-06-08, 03:19 PM

Thanks for the thread ! I liked this post because it seems really helpful to me. Before, I was trading very indiscipline ways which made losses for me. I follow this system and makes a large amount of profit today. I will be grateful to you, buddy !

aarti

2012-06-09, 12:26 AM

Yes this very useful thread for trader. When trader start trade they should look all fundamental news release and if trader understand news then they can go with the news and make profit. Follow rules perfectly is also very important for trader some time trader cant follow rules properly then it is very bad for trader.

hitesh

2012-06-10, 12:24 AM

as for me, i usually check the last time result and analyze it before i decide to open new position. this way i will get clearer view about my future actions. Not knowing what will happen in the future is sometime annoying, but not knowing to overcome the same mistake again is more annoying.

eddy

2012-06-13, 02:05 PM

as a trader you informed of what is very supportive behavior that trader when trading novice trader should pay attention to the topic that you provide to be understood and remembered every trade that the trader will be easier to install

sufanw1

2012-06-13, 02:11 PM

Yes I also agree with the steps you provided. Memnag steps are general steps undertaken by the trader before and after trading forex made. I also often do step number one is to see the news going to happen in the future. That is a very important and should be done by forex traders.

abdullahmuslim

2012-06-15, 12:08 PM

It is right that will Forex is risky and also have to have plenty of instruction and also encounter and then it is in no way beneficial to enter in immediately actual market place with no suitable know-how coming from demo and also without study and also when i furthermore approved a lot of times nevertheless think when i learn and so minor issue and also realize when sometime i actually do error in actual market place.

yes sir,, sometimes as a novice who learned of the demo account if it has been entered in the real market will have difficulty sometimes difficulties may never have the experience when studying the demo account,

dharampal

2012-06-15, 12:25 PM

very good information for me i wanna learn more about forex trading and trade very care fully only for profit without any loss.newbies must read all points and learn about trading.my advice is every trader must follow these rule.

nazmulhyder

2012-06-15, 12:39 PM

Thank you bro for your precious suggestions. as a newbie in forex trading these advises will be very helpful for me. right now i have 2/3 question which i am always confused on.

1. how and where can i read the news to understand the impact of it on the pair as i have seen most of the news released in a short or symbolic form?
2. you said during the time of news released all opened position should be closed. my question is if my trade is on a losing position, should i close it too?
3. you said to mark out the time of news release on my chart. which chart do you mean here and where can i get such a chart? is there any desktop news chart that will automatically alert me just before the news release and also provide me the news?

Thank you once again and would be grateful if you reply.

xomes

2012-06-15, 01:09 PM

It is right that will Forex is risky and also have to have plenty of instruction and also encounter and then it is in no way beneficial to enter in immediately actual market place with no suitable know-how coming from demo and also without study and also when i furthermore approved a lot of times nevertheless think when i learn and so minor issue and also realize when sometime i actually do error in actual market place.
I have experienced several loses in my trading in the past, but i continued trading that at a point i had a margin call. I learnt my lessons from that, i will alway recommend the reviews of strategies.

golpo20

2012-06-15, 01:12 PM

throughout forex trading news enjoy a critical role to be able to gain earnings or perhaps damage. just about every speculator need to be timely for industry ups in addition to along. you will need to follow your current tactics in relation to currency trading firmly.

brutu

2012-06-15, 03:40 PM

3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.

it should be like that, because the news is very difficult to predict, with the actual data that came out worse than before it could have raised the money to shear, as I have ever read "as rumors go, and when news came out"

fauzibowo

2012-06-16, 10:16 AM

The huge amount of profit history of the trading always motivated me to be in the market.One have to understand that loss is a part of trading and everyone should accept that as in life also failure is there but we carry on our living and so as trading also .

I strongly agree with you, we should be able to learn from all the transactions that we do, and if we have loss then we can learn from the mistakes we have done so later we can become a better trader.

purohit

2012-06-18, 12:43 PM

Nusrat

2012-06-18, 01:58 PM

Your steps for the newbie are very good i think all are newbie should use this in their trading plan because at first they do not have good idea about this market but they can take help from the other member of the forum.

ceestech

2012-06-18, 02:00 PM

Yea these steps are very nice for the newbies but to me the most important is for them to develop their own trade strategy.

ermaniso2011

2012-06-18, 03:20 PM

absiddik

2012-06-18, 09:04 PM

its a very good post for us. maximum time i blow my account. now i will follow your instruction. thanks again for this post. now please give me a strategy for trading. i know you give us your profitable strategy for trading. we are waiting for your next thread.

purohit

2012-06-19, 01:34 AM

aisya

2012-06-19, 04:13 AM

i think that we can follow this steps in trade such as demo is must for the beginners to follow before live trade.they can use their strategies to make huge number of profit.They can also control their greed and emotion after profit/lose.

before trading course we have to monitor the progress of the news story that will affect and then analyze the situation and estimate the possibility of chance that will happen and that pentingn is to determine the trading system in a case that will do to us easy to control the future

ahmedi

2012-06-19, 05:05 AM

thnx for the share l find them very useful.but l will have a few questions you have said that if we are trading with small time frames we have to quit from them before the important news release,the question is what if we are in a very big loss in that time.l think it is better not to trade before the news it will be safer.
For me i think it is important that we set attainable and realistic targets for our trading. Not only is it easier and more convenient for the trader, it also gives us the motivation to keep wit that strategy for a long time.

ayusri

2012-06-19, 05:25 AM

Some people say it is easy to earn from Forex and always rely of it. Remember that trading is an extremely hard way to make a living. It is not a ‘job’ in the strict sense of the word but it is a profession and unless you put yourself in a position to succeed by treating it as a business, you are going to find out the hard way how physically, psychologically and economically taxing it can be.

what is said above is true in some things to watch traders especially the third point which we have out first and close positions over the big news will be released because of the experience of past experiences where there is great news if there will be a lot of rapid movement in a very while, if the movement is large and rapid fluctuations would be no interference is also the broker server and when we close our position will not be exactly where the price is what we mean really terclosed rapidly rising prices sometimes we take profit when prices are falling even further into on the minus because it's the price we must pay attention to move quickly when the news is very large and it is this movement which we are hard to open and close positions, in fact what is said above is true if we run it and follow it with discipline so that we can always in our trading profit.

yulianto470

2012-06-19, 09:34 AM

i think that we can follow this steps in trade such as demo is must for the beginners to follow before live trade.they can use their strategies to make huge number of profit.They can also control their greed and emotion after profit/lose.
The most important in tranding other than technical or fundamental is of psychologists tranding itself we have to .. absolutely
stable if we use has stayed stable technical and fundamental .. complete when it would be more complete tranding

BDforex

2012-06-19, 10:20 AM

Firstly a beginner should learn forex market basic. There are many forex related web site and e-book on the internet, a beginner can easily get there. Then he can a demo account and practice 2 or 3 months. When he confident about his trading then he can open a real account.

penjualdolar

2012-06-19, 10:27 AM

The most important in tranding other than technical or fundamental is of psychologists tranding itself we have to .. absolutely
stable if we use has stayed stable technical and fundamental .. complete when it would be more complete tranding

yes you are right, in addition to accurate analysis with technical analysis and fundamental analysis, then we should have a good psychology, because we will not be disciplined with our analysis and management of our money if we do not have a good psychology.

mhchomsi

2012-06-19, 11:16 AM

Beginners should do is learn about forex from all its aspects. Both in terms of strategy, analysis, Srta. Carolina Wednesday, psychological knowledge. Using the new demo account to make a strategies which is nice. That generate profits after ready, please use the account to test mental psychological cents. Trading in the forex market is a very dynamic market. Can generate returns a lot of money and at the same time can be harmful. Therefore then prepare yourself to provide everything that is indispensable in market forex.

julianambas

2012-06-19, 11:51 AM

Trading in the forex market is a very dynamic market. Can generate returns a lot of money and at the same time can be harmful. Therefore, then prepare yourself to provide everything that is indispensable in market forex. I think it should be done by beginners

purohit

2012-06-19, 12:29 PM

kiran

2012-06-20, 12:36 AM

ham jab bi koi trade open kare to hame sab se pahle ye dekhna chahiye ki kya hamari strategy signal de rahi hai ya nhi.
hame tabi trade open karni chaiye jab hamari strategy signal de..
without strategy signal ke trade ni karni chahiye trade open karte hi stop loss and take profit set karna chahiye.

biyen

2012-06-22, 08:18 AM

Even if a newbie have the option to commission a forex broker, it would also be wise to use demo accounts before you do real trading. Demo accounts can be offered by forex brokers as a way of training you. You can also use the demo accounts provided free by several trading platforms. Using a demo account can help you have a feel of trading without the risks associated with live trading

Rahul

2012-06-22, 11:43 AM

1.) view all news to be released for the day and time of release.
2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.
3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
4.) Follow your trading rules strictly.
5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.
6.) Never take side during trading, you are here only to make profit so always trade in the direction of the current trend.
7.) Always go through your chart at the end of the day, the week and the month.
8.) Learn to always include the spread of whatever pair you are trading on in your stop-loss.
9.) As far as your analysis/forecast in the lower time frames are in the same direction with the current trend indicated by the stochastic on the 4-Hour chart

very nice tips for new comers and as well as senior this will help me to and other to overcome the loss and to gain the profit ...because many of them trading without making a planing so that they loss of money

digger_jim

2012-06-22, 11:47 AM

very nice tips for new comers and as well as senior this will help me to and other to overcome the loss and to gain the profit ...because many of them trading without making a planing so that they loss of money

Unless you are a fundamentalist or news trader, I don't think you need to do number one. And, if you have a thorough understanding about your own strategy, no. 3 is useless as well since your losses are covered and it might brought you higher profit sometimes.

abdillahikbal

2012-06-22, 11:51 AM

Unless you are a fundamentalist or news trader, I don't think you need to do number one. And, if you have a thorough understanding about your own strategy, no. 3 is useless as well since your losses are covered and it might brought you higher profit sometimes.

very difficult when we have to master some steps that you conclude this stage I am still a beginner course only little by little that can sya learned this trade in the forex market, thank you for your attention

mony1

2012-06-22, 12:12 PM

Before you start in the circulation and Chere or sell any deal must follow good news because the news affecting the price of currencies

venus

2012-06-22, 05:29 PM

To become good traders, there are some steps which must be passed because there is no one who could become successful traders instantly. In the first time, traders must get a lot of knowledges about forex then they must implement each strategy which they've learned into demo account to get experiences. And then, they could enter into real account to train psychology control.

asanka

2012-06-22, 06:13 PM

very interesting tips for improving my trading knowledge .thanks for the post ,i think news releasing times are the very difficult times for newbies .most of newbies dont care about news releasing times .they tade as usual and lost big money.i think newbies should use fundamental analyses .

dmambi

2012-06-22, 06:36 PM

In Forex trading there is no end for learning and preparation to make profit. We need to always look to the opportunities to improve our trading style and hence always ready to spend some quality time daily for improvement tasks rather than keep on trading.

nterziev

2012-06-22, 10:31 PM

Before trading every newbie need to learn more about forex,the basic concepts,forex brokers,forex systems and etc.They also need to start trading on demo forex platform,it gives them experience and the learn how to trade on real platform.After this they need to create a plan,a strategie and first to test it on demo platform and if it works and they have profit they can use it when they start real trading.After this they need to follow your steps to start their first real trade. :)

khanforex

2012-06-22, 11:37 PM

1.) view all news to be released for the day and time of release.
2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.
3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
4.) Follow your trading rules strictly.
5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.
6.) Never take side during trading, you are here only to make profit so always trade in the direction of the current trend.
7.) Always go through your chart at the end of the day, the week and the month.
8.) Learn to always include the spread of whatever pair you are trading on in your stop-loss.
9.) As far as your analysis/forecast in the lower time frames are in the same direction with the current trend indicated by the stochastic on the 4-Hour chart

LOL dude. we know its hard to stick to even what we decided to do, forget about others. this is a sign of inexperience and we have to overcome it quickly if we want to progress ahead. and with consistently trading this will be over soon

ayakcalysta

2012-06-25, 09:19 AM

very difficult when we have to master some steps that you conclude this stage I am still a beginner course only little by little that can sya learned this trade in the forex market, thank you for your attention

indeed sir, if we are to succeed in the forex business then we have to learn step by step. because to be successful we need a little time. as long as we diligently study and practice we will soon be able to master the best strategy in the forex business.

zizhost

2012-06-25, 10:40 AM

Within Currency trading there isn't a end intended for understanding and also preparation for making earnings. We should instead usually turn to the actual prospects to enhance our dealing style thus usually ready to devote a few excellent time period every day intended for advancement duties instead of keep on dealing.

sdpsanjeewa

2012-06-25, 10:43 AM

frist of all i would like to thanks for this very valuable post...We have to learn lots of thing as begginers before entering the real forex trade ..

taufiqbd

2012-06-28, 10:30 AM

1.) view all news to be released for the day and time of release.
2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.
3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
4.) Follow your trading rules strictly.
5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.
6.) Never take side during trading, you are here only to make profit so always trade in the direction of the current trend.
7.) Always go through your chart at the end of the day, the week and the month.
8.) Learn to always include the spread of whatever pair you are trading on in your stop-loss.
9.) As far as your analysis/forecast in the lower time frames are in the same direction with the current trend indicated by the stochastic on the 4-Hour chart

Nice post, I think follow this rules not only new trader as well as all trader in the forex. i think most of trader do not follow any rule perfectly in forex trading as a result 95% trader are loser in forex trading.

mtec

2012-06-30, 03:56 AM

i first check if the trend direction is on the side i want to trade, after that i will look for the point of entry and place either sell order or buy order when the trade is triggered i now place the profit level and stop loss level.

eraesh

2012-06-30, 02:43 PM

very useful suggestion. i usually dont do those. but from now i will try to keep those in mind.

room

2012-07-03, 12:45 PM

emotion is big problem for traders, even this is a problem that mostly difficult to avoid for any traders, for me also.

sad

2012-07-06, 03:36 PM

kafi achi aur informative knowledge hai newbie kay liya woh is say kafi achi knowledge hasil karah sakta hain aur humaya chiya kay hum jo hai is may say aik achi knowledge hasil karain taka hum achi trading karah sakain...

sad

2012-07-09, 01:35 PM

leherchand

2012-07-17, 10:59 PM

alu

2012-07-19, 08:41 PM

fxsilo

2012-07-19, 10:18 PM

All need plan and good money management in our trading forex, risk is important also in our trade ,we are absolutely going through very strongly when the risk to your money or sell! The most important thing is to gain experience in this trade and if you do not have any fear of emotion keep mind in contol you will able to get rich.

yes friend, a planning is needed in this business, and also i think not only in forex but in every business too.
we must plan how much the profit we want and make a limit of it and also how much risk can we accept it and we can do it by using stop loss.

Sun-Moon

2012-07-19, 10:31 PM

1.) view all news to be released for the day and time of release.
2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.
3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
4.) Follow your trading rules strictly.
5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.
6.) Never take side during trading, you are here only to make profit so always trade in the direction of the current trend.
7.) Always go through your chart at the end of the day, the week and the month.
8.) Learn to always include the spread of whatever pair you are trading on in your stop-loss.
9.) As far as your analysis/forecast in the lower time frames are in the same direction with the current trend indicated by the stochastic on the 4-Hour chart

Very nice post bro. A newbie should maintain your all rules if he or she want to be successful Forex trader. A newbie should give more emphasis on psychological matter.

yaqoobali95

2012-07-19, 10:38 PM

steps explained in this thread are very important. if a newbie follow these he should be successful.

nabila

2012-07-19, 11:12 PM

this arrange is a angelic knowledge for newbies.actually flat bottom this maintaion is principal fir me also. the tidings is a big broker for occur. the new is really powerful for forex intelligence. yes on that second you should fold the trade if you are using m15 or subaltern measure construct.

affan9011

2012-07-19, 11:15 PM

I suppose demo training is the good way to read forex trading. A newbies should bed statesman than 3 or 4 months demo implementation. Then he should arise to centime account to study emotions management.

suresh

2012-07-21, 01:05 PM

if we are to succeed in the forex business then we have to learn step by step. because to be successful we need a little time. as long as we diligently study and practice we will soon be able to master the best strategy in the forex business.

sammy

2012-07-22, 10:05 PM

thanks a lot. i am a newbie and i feel very much benefitted from your tips. i would like to know if you have any trading plans or not which can give you sure profit. because i have made lots of losses in my trades.

ronin

2012-07-22, 11:50 PM

marks the time of release news is that I never did, and it seems like an interesting idea to not make the price go up or down tendency. I sometimes affected by it.

Arara

2012-07-23, 12:18 AM

just relax and calm down before you start to look at the table of trading. and trying to analysis of the time-frame is great for small time frame is a nice Entry, then placing a stop loss and take profit and the market sees. wait or we can do other activities.

nahial

2012-07-23, 01:04 AM

Become Profitable.Before you actually commit to live trading and money on the line, you should be able to profitably trade on your demo account or with paper trading.

2012-07-24, 06:36 PM

havic

2012-07-31, 05:41 PM

atif58

2012-07-31, 06:38 PM

marks the time of release news is that I never did, and it seems like an interesting idea to not make the price go up or down tendency. I sometimes affected by it.
News are the big factors of Market movement. We should have in mind the time of release that's why it is important to mark the time of release, so that we can handle our trades throughout the day.

adonbaba

2012-07-31, 06:57 PM

The following step is very excellent. EVery trader should follow this step in order to gain profit from forex. Forex is not so easy as we think. This business is not depend on only click. Many things depend on it. Every day we mistake more or less and we have to learn from this mistake and ensure not to do this mistake again.

truegoa

2012-07-31, 07:01 PM

Before trading I usually check all time frames looking for the general direction of the market. Then I settle in lower time frames to do my scalping. I wait for the right moment to enter the market and it takes all my will power not to enter too early.

Such as a good step to start a trade, Mate,
I think you have a good chance to win your trades for almost of your trades if you keep your self to be dicipline to stick on that step rules. But, to trade by scalping method is such a very risky decision. But, if you already enjoy and able to gain many consistent profit from it, just go on.
Wish all the best!

sheikh rashed

2012-07-31, 07:18 PM

Before trading I try to relax my mind.I try to free myself from tension or fear because it can make bad effect on my trading.
I do not think too much what result I shall get after trading.I try to get some information from some
website or forum and try to use that information in my trading.
thats good you analysis more in your trading and also take relax before trading but maximum peoples are so excited at first time while they trade at real and thats why they should not do well they just over react he/she can make double in a single day and than lose his capital .

moss

2012-07-31, 08:59 PM

Traders should think a lot before opening a trade.They should perform fundamental and technical analysis.They should understand the market trend by gathering news on movement of market price.They should not be feared and upset after making a loss.

sathivai

2012-07-31, 10:29 PM

hello friend your startegy is good , thanks for nice thraed , i think its very use ful for every new trader, i am also new trader

insta trader

2012-07-31, 10:53 PM

LOL dude. we know its hard to stick to even what we decided to do, forget about others. this is a sign of inexperience and we have to overcome it quickly if we want to progress ahead. and with consistently trading this will be over soon

this thread is a good knowledge of this thread is even newbies.actually fir important for me too. the news is an important factor for the pair. the news is very effective for forex news. yes this time you must close the trde m15 or if you use a lower time frame

insta trader

2012-08-01, 04:02 AM

1.) view all news to be released for the day and time of release.
2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.
3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
4.) Follow your trading rules strictly.
5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.
6.) Never take side during trading, you are here only to make profit so always trade in the direction of the current trend.
7.) Always go through your chart at the end of the day, the week and the month.
8.) Learn to always include the spread of whatever pair you are trading on in your stop-loss.
9.) As far as your analysis/forecast in the lower time frames are in the same direction with the current trend indicated by the stochastic on the 4-Hour chart

and with consistently trading this will be over soon
indeed very true what you say when we make a mistake we should be to correct those mistakes and not repeat it again

tubeltkadal

2012-08-01, 06:17 PM

we must understand the trading and price movements can be measured based on price history, but in analyzing it is there tekhniknya correction? and if there is help in the share .... for newbie like sya often find it difficult issue price correction.,.,

goldenmember

2012-08-03, 02:24 AM

I think that you can ignore most news because you can actually make some good money. Sometimes it will go bad for you because the trade will take your stop, but sometimes it is great and takes your profit target in a few seconds. I think that as long as you have a good position then you should hold.

whiteid

2012-08-03, 02:55 AM

Traders who loose a lot of money in these markets want to quit these markets but it becomes all the more hard for them to do so as they try to recover their lost money by trading in these markets if not make more profits.This is the reason it becomes hard for traders to quit these markets.

traders who get a lot of loss in trading should be an evaluation of the results he gets, and can improve their ability to make trades so they can get better results in subsequent trading. they also must have good mental order to survive in this business.

zahidrock

2012-08-05, 03:28 AM

this is very important tips for every trader. And for newbies this is the first and basic tips. If they follow this tips before start real trading then i think they can easily reduce their losses amount on trading. so they can make good profit from beginning time.

hendarto

2012-08-05, 04:06 AM

I think the beginner should focus first on the observations of one pair, so they were familiar with the movement of the pair, so they know what to do, and create a strategy that suits the pair. and are not confused when the loss occurred.

truegoa

2012-08-05, 07:04 AM

....Sometimes ,respecting my trading rules is the hard part of my trading.

That is quite right that sometimes we find that hard about it. Actually, as we are the owner and builder of that rules, we are the one who should obey, follow and stick to it no matter what, till we adapt it to be a new one. Just remember, to be dicipline is one best key to be success here, and for sure we will be paid for that.

budado

2012-08-05, 07:46 AM

Before you trade you must do technical analysis, fundamental analysis, and sentimental analysis. Know the best price to open a position and the best SL and the best TP. then when for that price to be hit. After that. when or loss you must also check what is the reason why you loss and what is the result of your profit. Meaning is your profit good? or not? Did you get early TP or not? Because sometimes we earn 50 pips but the price goes all the way to 150 pips or 200 pips so in short if you put your TP to higher spread you can actually earn more. this kind of checking and rechecking is necessary.

sweetrevenge88

2012-08-12, 12:17 PM

4.) Follow your trading rules strictly.

That is true,most reason of loses is when the trader starts with the right plan and then later on disobey it. Like for example...your market analysis tell you that the market is bullish and you open buy position of your favorite pair,but after few minutes the market starts to give you a floating negative 15 pips and you panic right away and close your trades too early,but right after you close your position the market suddenly returns back to your position...sounds familiar? Stick to your trading plan come what may.

tubeltkadal

2012-08-13, 11:02 PM

If I had decided, that the forex is binis.
that forex is the scope of the investment business.
therefore that the forex investment business, then nothing is instant.
that forex is risky, then risk management is mandatory
forex requires that we have a good psychological management, avoid greedy, impatient, and the like.
that it develops propabilitas forex.

wending

2012-08-14, 04:23 PM

Thank you so much for your steps for us to trade in forex.I think you still need to add one step,that is we need to set a stop loss and target when we make trade in forex.It is a very important part.

blackmamba

2012-08-14, 07:05 PM

i want to comment this only

Steps that must take before or after trading...newbies just look out it
1.) view all news to be released for the day and time of release.

This is the first step before starting forex activities, making the effort to know the current situation, what happened out there that influenced the design of the current market .. internet, radio, newspapers, and telephone, are among the tools to get the news ..

assi

2012-08-19, 12:34 PM

it is very necessary the the newbies should understand the market well so that they should be able to do the good tradings if they know how to manage the market well and they should have some good practice on demo account

isbhacker

2012-08-19, 12:54 PM

Yes we have to understand these points,Even when we are experienced in trading we have some problems so we should never let that happen,we must have some view and plans in market ,

zahidrock

2012-08-19, 01:29 PM

the first step when you want to do the tradings on daily basis is that you should be able to see the good and big picture of the market and should see where is top and bottom of the market so that you should be able to do good tradings.

Yes on first step in trading trader need to follow H4 and D1 chart for gaining good information about the market. And with this chart they can easily enter on right point for trading. And it can give them good profit.

vamos4

2012-08-21, 07:28 PM

akshay1728

2012-08-21, 09:10 PM

yes every newbies must try not be in the trap of the greed and fear ..because many new traders fall in the trap of the greed and instead of takeing profit they has to take the loss

roopesh11

2012-08-21, 09:16 PM

Yes i feel that these are the necessary steps which are taken by the trader at the time of doing trading. But if we implement the steps and follow the rules also then we will get success in the forex trading. Some of the traders are doing many trades at a time it is very dangerous for their career.

Rak

2012-08-21, 11:17 PM

Its indeed a very good post buddy, and i feel it would be even better if you explain or suggest tips/methods on each of the points that you have given. And i believe it will be a very helpful guide for the newbies

If we read two or three times the suggestions we will be very much clear that what Victoryindia wants to say .As the name suggest with all these suggestions Victory will be of the trader who will follow all these advices. If you can not follow all the suggestion on a given day try to follow the maximum nos of suggestion.

shozeb

2012-08-24, 10:14 PM

bilkul sahi baate batayi hai aapne,khaskar agar newbie isey follow kare toh unhe kafi fayda ho sakta hai trading me sabse important hai trade karne ke baad patience banae rakhna aur jo sikha hai usey yaad rakhna lekin trader hamesha bhool jate hai ye baat aur trading ke time sirf profit k bare me sochte hai..

ashvi

2012-08-24, 10:32 PM

True, traders should keep all these factors in mind when they are trading in the forex market. I always make sure that am updated with the economic event for the week and only then take positions in the market because i simply do not want to risk by trading during the time of release of high impact news.

mrinalini

2012-08-25, 11:14 PM

Without that you can't do anything on forex. So learn more and earn more on forex.And after it we have to let our emotion out from our mind with keep cool our head when de got some loses...never think to get revenge for loses.

A trader needs to learn first about this trade and then enter this markets and do real trading there after . Also trader must study all the small details of the markets before they trade and also go through the news updates as well .

esif

2012-08-30, 06:46 PM

4.) Follow your trading rules strictly.
I agree to you and i like your point that you said to follow your rules, i will say that if some one has a good strategy again if he is not in discipline with his/her strategy, he cannot make gains out of the strategy..

enter

2012-08-30, 07:08 PM

before we make the trading on the forex we need to make the good analysis first, make the good analysis on the forex is need to being patience and we need to wait in here, and after we have make the trading on the forex business we need to also being patience on waiting to got the profit and loss

eng/ali

2012-08-30, 07:15 PM

hello every one
ithink as newbie all you say must check befor open any trade in any pairs ,so you must collect all information from the news and chart
to do the perfect trade on forex market ,and we must learn from our mistake before open any new trade

hamadmuneer

2012-08-30, 09:37 PM

abbey ak

2012-08-30, 10:39 PM

well as far as am concerned i don't really think we have to trade based on the fundamental analysis when we can not understand the very best way to trade with the fundamental analysis so i think we just ahve to learn the very best way to trade based on the technical analysis thats i think we can always be at the winning side of the trade

assi

2012-09-02, 12:41 AM

we should look at the market the daily trend and should see where is the market and what is doing by the market so if we find that market is now going to break out then we should manage the well trades for more better tradings

Jack

2012-09-02, 10:53 AM

Traders ko news ko dhyan rakh ke hi trading karni chahiye aur yehi sabse acha point is thread me muje lagta hai, kyoki news ka impact hamesh Forex market pe hota hai. Kabhi jab hum log news pe dhyan nahi dete hai tab humara Forex analysis complete nahi ho pata aur ishi karan hume loss ho sakta hai.

bablu7832

2012-09-02, 06:56 PM

I think newbies must trade with discipline.First they must watch news and mark the time of release of all news in chart and set alarm for them 5 min. before release time then just sit in front of monitor when you here the alarm.Watch the market for news to show its effect.Immediately place your orders with tp and sl settings.

mondemonde

2012-09-13, 06:05 AM

hi everybody,
great advice, thank you my friend for sharing your knowledge with us.
it'll help us without doubt in our trade.

good luck.

zsousana

2012-09-13, 06:27 AM

hend

2012-09-13, 06:40 AM

yeah right, indeed the learning process is the only way we can achieve success in forex business. because it is a learning process that will make us more and more knowledge, so it will make more understand how to be able to profit in this forex business. so indeed we should study well and thoughtfully.

mcceducation

2012-09-13, 02:57 PM

you are right say my dear friend, the Forex Trading is all time learning subject here have no end of study, if a very good trader he is also all time study the Forex because its give us experienced about Forex Trading. so its have no end of study.

eddy

2012-09-18, 07:32 AM

thank you for your information on this forum with this information newbies like me can alert and feel that the concept and the basic steps to trading properly so I trade would be better than yesterday according to the plan that I created

kaji

2012-09-18, 07:38 AM

I believe that if we are to succeeds in the forex business then we have to learn step by step. because to be successful we need a little time. as long as we diligently study and practice we will soon be able to master the best strategy in the forex business really !!!

yes, we have to learn forex ****ually so that we can control everything to the fullest. indeed it took a long time but we have to do for our success.

hpanoo

2012-09-18, 08:30 AM

nice post and a step by step guide to so forex trading successfully. another important thing is avoid emotional trading and try to open one position at a time other than being greedy trader. because sometimes we follow the trend and open several positions at the same time and finally lost without being able to manage those positions.

assi

2012-09-30, 09:26 AM

we should try to the current and future trend in the forex market so that we should be able to understand the current trend and the future trend for the more better understanding of the marking because market is the good way to do the well tradings

WINOTO

2012-09-30, 01:16 PM

Gurufx

2012-09-30, 01:20 PM

to become a forex trader, mak must have proper knowledge of forex. it is always better to know about the fundamentals and technicals so you can take a position in the right place and making a profit. take care of the lot size is also very important not to have a lot of great positions. we need some good discipline in our trade to make a profit.
to be successful in trading we must strive for the best. we will left behind if we not study all about forex. be resourceful, if we cannot have a personal mentor in forex, surf the internet for informations.

mmja2003

2012-09-30, 01:34 PM

Very nice analysis to follow by everyone. I must follow your given rules. Actually abide by the rules in trading is hard. When we get loss or profit we become angry cannot control emotions and forget the rules. According to your given descriptions I must remember the rules while trading.

alimartono

2012-09-30, 01:58 PM

true, the most important thing for beginners is to understand the initial steps that should be taken to start, without knowing the next process, the lack of pengelaman and friends who understand the forex trading cause it to happen.

alexan

2012-09-30, 02:06 PM

to become a forex trader, mak must have proper knowledge of forex. it is always better to know about the fundamentals and technicals so you can take a position in the right place and making a profit. take care of the lot size is also very important not to have a lot of great positions. we need some good discipline in our trade to make a profit.
Yes and this business is a wonderful place to trade for money. The way traders lose in the trade now gives a lot forex brokers reason not to sleep. The first thing I could love suggest is that traders should often engage themselves the right knowledge about forex trade and them apply it has they have learned it.

10pips

2012-09-30, 07:00 PM

Yes and this business is a wonderful place to trade for money. The way traders lose in the trade now gives a lot forex brokers reason not to sleep. The first thing I could love suggest is that traders should often engage themselves the right knowledge about forex trade and them apply it has they have learned it.

many trader now is facing the loss on the forex, maybe some time this can being moer good for the broker site who that win the money from the trader who are got the loss on this market, becuase it make them got a lot of the winning market on the forex

titikfocus

2012-09-30, 08:32 PM

before entering the trade should make a plan and make accurate analysis with technical analysis and fundamental analysis, then we should have a good psychology, because we will not be disciplined by the analysis and management of our money if we do not have a good psychology.

assi

2012-10-07, 08:20 AM

we should see the big news first if we want to open the orders and then how this news will effect the market so that we should not lose the more trades in forex and with the good news we should have the more good trends

Ups&Downs

2012-10-07, 08:52 AM

yes you tend to be right, along with accurate evaluation with specialized analysis as well as fundamental evaluation, then
we must have a good mindset, because we won't be self-disciplined with our evaluation and control over our cash if we don't have a good mindset.

pipsgreen

2012-10-07, 09:31 AM

Investing in the foreign exchange market is a very energetic market. Can easily generate earnings a lot of money at the same time
could be unhealthy. Therefore, prepare you to ultimately provide precisely what is vital in industry forex. It should be done simply by beginners.

dira

2012-10-07, 10:15 AM

In order to follow trading rules strictly,what is the exactly trading rules?" Follow your trading rules strictly". I'm also don't understand the point no 5 "During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on". Hope all the seniors can explain to a very newbies like me.Thank You

kash

2012-10-10, 12:11 AM

capital ko manage krna bohat zrori hy chahy ap trade kr rahy ho ya ap ny trade kr li hy then trader ko is main emotions ko control main rakhna chahea kio k trader stress main ya joy mian a ker ghalt trade krta hy or loss hgasil krta hy id lea forex main pehly proper knowledge gain krna bohat zrori hy

malik

2012-10-10, 01:50 AM

Trading say pahly sab traders ko apny risks ko theek trah say samjh lena chahiye aur ye bhi jan lena chahiye kay loss ki soorat main aap ko kis level tak loose karna hay aur kahan trading ko end kar dena hay. Agar aap lose karty ho to phir apni ghalti ko dekho aur usy theek karny ki koshish karo.

amhp

2012-10-10, 03:08 AM

Before put any trade every one must follow the following steps: Analyze the candlestick (H1, H4 & D1), chart pattern, trend line etc. After study all this he will find out the entry & exit point of any trade also find out the stop loss point of that trade. He have to aware about any related news on that day.

riyanaml

2012-10-10, 03:20 AM

truegoa

2012-10-10, 06:25 AM

I believe that without controlling emotions we can become successfuly even with a good strategies because all our profites may be converted into loss dues a singles wrong decision taken in emotions !!!

Did you make any false type and you mean like this:"I believe that without controlling emotions we can not become successfuly..."? If that so, I agree with you that we should know how to controlour emotion and avoid it disturb our decision making. Getting emotion involved will just blur our vision and make any decision into bad rush or something like that. So, We need to manage a proper practice to control our emotion, for our better trader later.

hend

2012-10-10, 06:28 AM

of course, is when we can trade without emotion, it will allow us to always think well in making decisions. so I'm sure it will make us always get good results in every decision. because it is always better to learn to control your emotions well, so we will never make decisions with emotions when trading forex, because it will increase the risk of loss.

zaish

2012-10-11, 12:15 AM

yes dear app ne bilkul sahi kaha hia app ne jo points batay hain sab bohat important hian hum log forum ko is liy join karty hain ke yahan se humain achy achy ideas milain jin pe amal kar ke hum be achy trader ban jain aor main bohat had tak satisfied hun is forum se

newbies ko chahe k is k bary main learning krai then is ko use krain demo py kio k is sy un ko boahat sy experience hasil ho ga jis ko new trader real account main use kr k earn kr saky gy or sath main new trader ko chahea k wo apny emotions ko control krna sekhy kio k forex main emotions bohat matter kerty hain

rebate lover

2012-10-11, 04:34 AM

I agree with the points he made. Some traders see no need to avoid staying in the market during news hours. But from personal experience, I have been burnt severally leaving my trade open during such situation. Hence, I have learnt the accurate time to go into the market, such that I will have no factors working against me.

sarwina90

2012-10-11, 09:00 AM

before trading we have to do proper analysis so that we do not open at random positions. But once we open trading positions we have to do is wait, wait we benefit or we fail and get the loss.

azez

2012-10-12, 10:08 PM

yes bro it is very necessary to got knowledge first and we should must be got knowledge about any business when we want to stat this and then we should must be practice in demo and share with the seniors which can we find difficult in this then we can do start trade

joya

2012-10-13, 02:58 PM

when we want to start the trade we should must be analyze the market and suggest a point for put our tarting order and when we found this then we should must be mange our money according to the market and do trade on small pips and putt a order after that we should be add the take profit and stop loss in our order then we should must be see the trading and control our emotions

real pips

2012-10-13, 03:14 PM

john1696

2012-10-13, 03:20 PM

yes there is some obvious step one should take at the time of trading after trading or before trading. To me those must be controlling emotion, greed control, time and money management, and good strategy.

malkoumx

2012-10-16, 12:00 AM

Thank you very much, my friend all they have given us advice and guidance, as we desperately need, because some dealer some of the surface on the same time professional trader and he does not even know the ABCs of forex trading rules.
We must put our feet on the ground and think of logical thought and properly so as not to accept the loss of many of this dangerous trade.

enter

2012-10-16, 06:54 AM

before we are make the trading we need to control our greed to make us to use the good money management and also need to make the good analysis on the forex first that is the first step that the trader need to make, after make the trading they need to patient and also make the good control of their emotion

riky

2012-10-16, 07:01 AM

yes, what a good rules you give. thank you very much. when i trade i always look at my indicator for signals comfirmation not look at the history of price. many time i got in loss because this. Any way thanks.

the number of ways to make you confused so you should use an easy to understand manner as indicator you choose even if you should be able to use a lot of indicators that you think is easy and can provide many benefits

10pips

2012-10-16, 08:00 AM

we need to make the analysis before we are enter to the forex business , we need to analysis first to let us can know that how to got the profit from the forex, if we are do not make the analysis maybe that is hard for us and also can make us loss that money

himelbf

2012-10-16, 08:25 AM

It is all activity of mind-set and it is in our management to generate our feelings in either way. No one can say that they cannot management their feelings of avarice or worry or any other because they have in their reaction to management the feelings. And a investor who has complete management over its feelings he can be effective in the company.

kash

2012-10-16, 02:00 PM

yes it is the best thing for the beginner because when i am new then i make the pairs and play the trades then i am beginner and play with some capital and make not many profit but when i play with big margin then i gain the big profit so before trading you make the plan for it and after trading you watch out your mistakes

zaish

2012-10-18, 03:35 PM

yes bro here is something which we need for the trade and when we start to trade then we should must be analyze the market and with 4 hours we can be suggested how the market can be move so we should be trade with a point and then in our order we should be use the take profit and stop loss in a price and then wait for the profit

sumin

2012-10-18, 03:40 PM

fxmoney

2012-10-18, 03:44 PM

ObaFX

2012-10-18, 03:50 PM

usually it's better to have a trading plan and stick with it's rules because that's the most effective way to rule out the anxiety of trading in the forex market for both new and professional traders who seeks consistency in a market like forex

frok

2012-10-20, 09:49 PM

yes bro i agred with you and we should must have need to understand this thing because if we want ti make our tare successful then we have need to do work hard herte and it will beb best fo9r us when we want to start the trade we should be need here yo to analyze the market and when we were analyze then we should use our best trading starter

cmenk

2012-10-20, 11:18 PM

1.) view all news to be released for the day and time of release.
2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.
3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
4.) Follow your trading rules strictly.
5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.
6.) Never take side during trading, you are here only to make profit so always trade in the direction of the current trend.
7.) Always go through your chart at the end of the day, the week and the month.
8.) Learn to always include the spread of whatever pair you are trading on in your stop-loss.
9.) As far as your analysis/forecast in the lower time frames are in the same direction with the current trend indicated by the stochastic on the 4-Hour chart

Greetings my
maybe I personally am still confused about this, I was also still minimal and new in forex, so I have a lot to learn again the masters of the trade that are here.

asikrana

2012-10-20, 11:19 PM

this thread is a good knowledge for newbies.actually even this thread is important fir me also. the news is a big factor for pair. the new is very effective for forex news. yes on that time you should close the trde if you are using m15 or lower time frame.

pjpjpjjangid

2012-10-21, 01:14 AM

before entering into the forex market it is necessary for every begineer to first get throughout knowledge of forex and practice in demo trading account.

azharfx2

2012-10-21, 02:54 AM

This thread is a good knowledge for newbies.actually even this thread is important fir me also. the news is a big factor for pair. the new is very effective for forex news. yes on that time you should close the trde if you are using m15 or lower time frame.

malik

2012-10-21, 03:20 AM

erkin

2012-10-21, 03:21 AM

when you have to take trade in the forex market you have to do the proper analysis and after you close your trade with some amount of profit then you must have to wait for the proper signal. If you try to overtrade then you may lose your amount easily in this volatile market.
Learn is must but survive is more important here, they still can win if they have a good trading strategy. relying purely on good money management wont make you succeed in the long run

babayuyu

2012-10-21, 05:57 AM

Good traders should be able to control emotions to know when can enter in the transaction. Usually traders want to get in on the market soon after a profit in trading. Knowledge of technical analysis is useful to know the good time to trading but traders often influenced by emotions.

ejuna80

2012-10-21, 06:35 AM

sitiz

2012-10-21, 06:55 AM

I never get the advice of a master trader and he said if you want to place an order then kill your feelings and use or entrust the same indicators but in practice this is not easy

sind

2012-10-21, 07:31 AM

forex is not what you just wake up and start doing without having doing your fundamental and technical analysis. You have to know the important news coming up for the day because some of them have high impact and will affect trading. So if you can trade the news better for you or you stay out during this period to avoid losses.
Very true. all good traders dont get tempted to do trade under certain circumstances and keep their energy to trade under familiar conditions. it is like travelling in a highway verses short cut routes. We may arrive at the destination faster but here is a greater chance we may get lost.

dareking

2012-10-25, 06:05 PM

AIk trader ko trade execute karny say pahly hi stepns lena parrty hain aur trading kay baad kia steps lay ga koi trader. Aap ko apny lot size ka decide karna ho ga aur apy analysis say market ki direction samjhnee ho gi phir hi aap aik achee trading kar sakty ho.

bhai sahi kaha trader ko apni sahi analysis se hi market ki sahi direction ka pata lagana padta hai, sahi analysis ke liye hume mehnat karni padti hai, aur trading ke liye sahi direction ka pata karna padta hai, senior trader ki madad leni chahiye.

newtrend

2012-10-25, 06:35 PM

Yes, for all traders if they follow technical analysis trading strategy, they should close all their orders when time of news because this time, no analysis can be given for calulation. To newbies, i think they should learn to trade follow technical analysis, this method will help them know more about this market.

bhagawanta

2012-10-25, 06:47 PM

egasubekti

2012-10-25, 06:53 PM

yup,maybe thats a good strategy for the beginer traders..but i think the best strategy is waiting..waiting for the trends and follow it,i think its more safer and profitable strategy,dont be hurry to place an orders,findout what time the news will releash,then we standby before the news relash,watch the market movement,and if the trend started, place the orders follow the trends!!goodluck!
nice, waiting for it for sure is the right choice in trading forex, waiting for the moment where we're going to open a position in my opinion it is one way to get success in achieving target profit. would we be trading with no rush and relaxed, it would be far better to make our trading

Anas Ashour

2012-10-25, 07:05 PM

of course its a good thread but not only for beginners but also professionals because once you forget a rule it may effects badly on the others and it could make you lose your transaction.

mondemonde

2012-10-25, 07:13 PM

hi
thank you for this wonderful article and these tips.
good luck

naziakhan

2012-10-25, 07:20 PM

I never get the advice of a master trader and he said if you want to place an order then kill your feelings and use or entrust the same indicators but in practice this is not easy

han bhai batain tu her koi karta hai k emotions ko control karna cahiyay .lakin emotions ko control karna itna easy nh hai .ya buhat hi difficult kam hai .hum es ko easily nh kar saktay hain.es k liyay hamain kafi zaida mihnat karni parhti hai.

pooshpa

2012-10-25, 11:27 PM

manav14386

2012-10-26, 03:34 PM

bhai sahi kaha trader ko apni sahi analysis se hi market ki sahi direction ka pata lagana padta hai, sahi analysis ke liye hume mehnat karni padti hai, aur trading ke liye sahi direction ka pata karna padta hai, senior trader ki madad leni chahiye.

aapne bilkul sahi kaha bhai bhai sahi analysis ke liye hume hard work karna chahiye aur agar hum newbie hai forex mein to hume experts ki ya senior se guide zaroor lena chahiye kyunki wo sikh chuke hote hai apni mistakes se..

m1ndsrokk

2012-10-26, 04:06 PM

steps must taken before and after trading is main newbies ko chahea k jab wo trade krny lagy to 4 hour chart ko read kro or indicater ko use kro is sy ap ko trade krny main asani ho gi or trading krny k bad is main greed nahi krna kio k is main pher ap sary capital ko loss krdo gy
i think the best just to focus on one chart,,,never try more than it...it is really hard when we try to learn more that it we can be focus on our trading when we too greed in trading...never try to greed in learning we can get anything with that

hend

2012-10-26, 04:18 PM

25+

2012-10-26, 05:08 PM

I am very grateful to those of you who have reminded me in this, I still often forget to be able to use the rules that are actually very easy to get in order to run my trading better than the previous one,
I often feel that if my trading is correct but I sometimes feel there is a lack in the trade I have done so far: (
thank you sir for reminding me

andi1681

2012-10-26, 05:09 PM

If you want take any vital steps on in this system than it is wise to take it before because we all know that it is a money making treading system so if you want to take it than before is better.

nkem

2012-10-26, 05:20 PM

in as much as i appreciate your write up on the steps a newbie should look at but i think these steps are for a news trader as a long term trader or a strict technical analysis trader will pay any attention to any news that will be released.

kutuk

2012-10-26, 05:26 PM

usually a beginner new to this business and they have no analysis of most use in filling the position and taking overly emotional so the results are not too good, it is much better to try to keep learning systems that has been peeled in this forum and always evaluate each trade so that we can make a good framework in our trade

dadik1

2012-11-18, 09:38 AM

thanks for the explanation, it's very useful for me.
I think all beginner traders should read and learn what you describe is. thank you:)

getrich1985

2012-11-20, 05:49 PM

This is very good article for people who are trading in the forex market, before we open a position we must do a lot of things, then we will know sell or buy to make profit and avoid loss. Analysis this market is very important.

rianta

2012-11-20, 06:04 PM

I agree with you, that is focused on one chart in the chart is a good thing for beginners, as with so beginners will understand the character of the movement of the pair. so as to analyze and predict the trade, it would be a good thing and the more easier for us to trade well. and that support for our benefit better in forex trading. so indeed I think it is a good step for our learning.

I also agree with you but we should not hesitate in taking action. if indeed we believe the analysis that we are doing then we should not hesitate to open multiple currency pairs and thus many will experience we can get and will add to the knowledge and experience.

pro2

2012-11-23, 08:34 AM

good article.

tradergalau

2012-11-23, 08:39 AM

It is all game of state of mind and it is in our control to drive our emotions in either way. No one can say that they are unable to control their emotions of greed or fear or any other because they have in their instinct to control the emotions. And a trader who has full control over its emotion he can be successful in the business.:good:

alif ahmed

2012-11-23, 08:39 AM

actually even this thread is important fir me also. the news is a big factor for pair. the new is very effective for forex news. yes on that time you should close the trde.

rislama

2012-11-23, 11:52 AM

The significant factor that I discovered from these guidelines is never to take factors in currency dealing. Normally I think I am a BEAR, significance that I should always business when the industry is going down. Because of this I offer most of enough time even when there is a lengthy lasting uptrend. It has triggered me some few drops but now I know better.

Jack_lee

2012-11-23, 12:36 PM

hai dude, this information is very helpfully for beginer like me,,,i MC when news release ...but when the news realase i was broke...i guess i will get 40 pips until 4 pm watch and just wait..but im shock when i knows my balance is zero....oh god what happening with my trade,, 8 am i got 24 pips..but why now my balance is zero...

traderpk

2012-11-23, 03:13 PM

I think before trading you should watch the market carefully for at least 1 to 2 hours then open trade ,don't enter in market without watching market trend and its psycho should watch pair pressure of buy and sell and after opening set take profit and stop loss in your each and every trade...

galuhtkj

2012-12-29, 01:24 PM

a trading rule which is very good friend because I always use a lot of references before I started to go into forex trading. we did have to prepare a lot of weapons before we do battle. and I consider forex is a war.

fxsupertrade

2013-01-09, 06:03 PM

I think they must follow if there is good content and if really help them and i think we should really help each other . and if we such mentality to help newbie then there will be good environment with a happy family here.

JuraganGrowol

2013-01-09, 06:49 PM

of course its a good thread but not only for beginners but also professionals because once you forget a rule it may effects badly on the others and it could make you lose your transaction.

asmakhatun

2013-01-10, 09:03 AM

this intellect ion is a righteous noises for newbies.actually equal this rib is distinguished fir me also. the tidings is a big reckon for unify. the new is really efficient for forex information. yes on that second you should terminate the trade if you are using MM or decrease clip border.

adnan_aziz

2013-01-11, 05:41 AM

yes sir ap kay steps tou kafi ache hain aur new traders kay liye kafi useful bhi hain aur mere kahayl se forex trading business main ziyada tar loss issi liye hota hai kay new traders aate hi chate hain big profit jo kay bohot mushkil bat hai.

anytimejancok

2013-01-11, 05:45 AM

Before the trade is always better to know about the policies and technicals so you can position ourselves in the right place and make a profit. After making a profit attracted some temporary total compound amount of money so it will help you to make more money in the future.
:)

hend

2013-01-11, 06:04 AM

I think before the trade, we have to prepare for the analysis and calculation of good money management. I think those two things are very important, because that's what will make us able to trade well and of course it will support us to be able to get good results in the trade. so it is in every trade, make sure we are well prepared both cases, in order to trade well.

JuraganGrowol

2013-01-11, 06:09 AM

bhagawanta

2013-01-11, 06:10 AM

Preparing all the things such as analysis,strategies and money management is the best things to do before we entering the market..and after we close our trading we should evaluate the result that we got..by doing this activity before and after trading we will be a better trader every day, our trading skill will improve well!

bombastic

2013-01-11, 07:07 AM

a trader must be able to read the news, especially the big news, because in fact the news has affected the price movement is quite far away, so as a trader we should have seen the story before we start forex trading forex ...

rju

2013-01-11, 07:17 AM

the following bond is a wonderful awareness to get starters. essentially sometimes the following bond is critical fir people as well. excellent is actually a significant variable to get two. the fresh is rather helpful to get foreign currency news flash. certainly for then make sure you nearby a trde you're m15 and also more affordable time-frame.

wahyu setiyono

2013-01-11, 10:56 AM

nice post, this is very helpful for beginners
this step is very important for a newbie
thank

mazzetro

2013-01-11, 11:40 AM

1.) view all news to be released for the day and time of release.
2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.
3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
4.) Follow your trading rules strictly.
5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.
6.) Never take side during trading, you are here only to make profit so always trade in the direction of the current trend.
7.) Always go through your chart at the end of the day, the week and the month.
8.) Learn to always include the spread of whatever pair you are trading on in your stop-loss.
9.) As far as your analysis/forecast in the lower time frames are in the same direction with the current trend indicated by the stochastic on the 4-Hour chart

All trader must read and do this step, no matter a newbie or master trader, because it is very important.

vetra

2013-01-11, 12:10 PM

Very nice post ... This information is very important for beginners forex trading ... to point 1 and point 3 may not always be done ... because it will only affect the daily chart ... if playing swing or long term, it will generally help ... because it is very good news to hold positions such as swing or long term ... but the news would be very dangerous if we use scalping strategies ... because it will make a lagging indicator and signals wrong ...

hardiron

2013-01-12, 12:45 AM

o good, i was searching for some points for newbies, i need them, very informative and useful points. If a new trader will follow these he/she will be in a good starting of forex trading. All new traders must learn them by heart and act upon as advised.

forexgame1

2013-01-17, 01:31 AM

msaefd

2013-01-17, 03:44 AM

Mybe we should look at the market the daily trends and should see where is the markets and what is doing by the markets so if we find that markets is now going to breaking out then we should managed the well trades for more better tradings really !

hend

2013-01-17, 06:49 AM

clear to me, before we started trading we have to look at market conditions. because it's when we truly understand the market conditions that will allow us to right to trade and make profits more easily. after the trade, I think we have to evaluate what we have done. so it will make us always learn from every experience. of course it will make our ability to trade, the better.

bhagawanta

2013-01-17, 07:20 AM

Before placing order i must know what kind of news and what time news will releash <fundamental> and then i must analyze the history chart..i do the both analysa to maximise the profit,and after trading usually i evaluate the result of my trading,whether the result is good or bad i do the evaluate to improve my trading skills!!

gretos

2013-01-17, 07:27 AM

thanks for the advice, good jg as a newbie in forex trading you can also see what the news today there are usually no news on a particular country to report figures of economic growth in a country that would affect the value of its currency

vanes

2013-01-17, 08:24 AM

good information, many times we just know that what we must do before trading, but we forget about what we must do after trading, and this is really new for me and i want to do it

vinod467

2013-01-18, 09:14 PM

yeah...time line is major factor in forex.. ,,u may be goood trader but risk management and time managment is need for successfull trading..if u have good knowedge then u should trade with long term basis..

Chaudhry

2013-01-18, 09:17 PM

dareking

2013-01-21, 11:51 AM

Meray khayal mein newbies ko trade satrt kernay say pehlay must market ko 2 say 4 hours tak watch kerna chaye indicators ko check kerna chay phir trade kerna chaye or bad mein bi dekhna chaye kay kaha say kaha tak market aye hay or next kia kerna chaye.

bhai market watch karne se kuch nahi hoga, agar koi market watch bhi karta hai, to usko pahle ye janna hoga, ki market condition kya hai, waise to itni jaldi beginner ke samjh mein nahi aata hai, lekin thoda agar mind ka use kare, to jaldi samjh sakta hai.

adnan10076

2013-01-21, 03:24 PM

Meray khayal mein newbies ko trade satrt kernay say pehlay must market ko 2 say 4 hours tak watch kerna chaye indicators ko check kerna chay phir trade kerna chaye or bad mein bi dekhna chaye kay kaha say kaha tak market aye hay or next kia kerna chaye.

market ko wacth krna easy hai aur achi bt bhi hai lekin only watch krne se kuch bhi faida hasil nhi ho ga hub tk thora knowledge nhi ho ga. market ko dekhne se ziayda is ki movement ko smjhna chahiye .

kanavai123

2013-01-21, 03:28 PM

Each entrant must follow these tips before you close any business open trade and this thread is a good understanding of novice. Although this thread is an important Chinese FIR in fact I also have this communication spread our very real rate of digestion is an error correction when errors are not repeated it again is an important factor

easy_mezoo

2013-01-21, 05:49 PM

Thank you very much for this valuable information .... and I will work to achieve more profits
I hope you further comment demonstrates how candlestick formation predicted empty for buying

sim

2013-01-21, 05:57 PM

there are sooi maniy steps that one must ake in order to become better in the forex market the number one and the most important that i can say is very important .

fxearner

2013-01-21, 11:24 PM

bhai market watch karne se kuch nahi hoga, agar koi market watch bhi karta hai, to usko pahle ye janna hoga, ki market condition kya hai, waise to itni jaldi beginner ke samjh mein nahi aata hai, lekin thoda agar mind ka use kare, to jaldi samjh sakta hai.

hanji bhai market agar koi watch bhi kare tou wo etna asaan nahi hoga,mene ketni baar charts par concentrate kiya hai par wo hamesha sahi nahi hua..hume bade dhyaan se market se aatach rehna chahiye aur bina kisi strategy ke trade open nahi karni chahiye..

La Libert�

2013-01-22, 05:00 AM

Hello I think the most important is before we taking any trades is having a trading plan, this trading plan includes what strategy we will use, how many pips we wanted to earn, and how many money we afford to lose.

Md. moshin(opu)

2013-01-23, 09:18 AM

This thread is important for a better understanding of the newbies.actually fir about this thread. News is a big factor for the pair. Is very useful for new Forex news. Yes, if you have the time to close your trade m15 or less, you should use the time frame.

babilob

2013-01-23, 06:13 PM

Very well said, without controlling emotions we can become successful even with a good strategy because all our profit may be converted into loss due a single wrong decision taken in emotions.

dejaplux

2013-01-23, 07:29 PM

Before the meal we should carry out trading forex trading Klender prepare management financial management and trader psychology itself this is intended to avoid losses or have floating minus because if we had prolonged the floating capital will be threatened and prepared for a margin call

kakalot

2013-01-23, 11:26 PM

good. 9 steps to be successful with forex right now. I wonder who writes these things and implement them successfully or not. forever advice is just advice if you have not applied in practice and proved its effectiveness.

kimtahu

2013-01-25, 12:21 PM

very well.That is all that useful advice for newbe.if we can make perfect in 9 steps on the path of success will probably not too far away.at least we get a good start and there is no reason for us not to continue.we try to do better each matter will have difficulty implementing them.

i like india fx

2013-01-30, 06:50 PM

verryy good thread , it contain valuab inforamtions
i hope we wil find alys thiz kid of threa din our forum
realy i benifit lot from thiz thread , information that in dont know
befor

princeua

2013-01-30, 06:53 PM

Thank you my dear friend on these nine steps if someone already applied before the start of trading will succeed in trade and achieve profits and I also add to the traders that follow InstaForex TV it displays all the developments in the market for a moment by moment .

cutegirl

2013-01-30, 07:01 PM

nice thread really like it. friend really we guys need to follow the instruction joo aap nay di hain idar. these instrustion really helps a new as well as the old trader here. i am trading here since a year bhut no one told me about it . love it. :)

boganic

2013-01-30, 08:36 PM

Let's try current and future trends in the foreign exchange market so that we will be able to understand current trends and future trends for better understanding on the mark because the market isgood way to do tradings

kadorith

2013-02-18, 06:41 PM

Before trading it is always better to know about the fundamentals and technicals so that you can take position at the appropriate place and make profit. After making profit withdraw some amount of it while compound some amount so that it will help you to make more money in the future.

crux9

2013-02-18, 06:59 PM

hi members, the very basic rules for newbies. every newbie start with them. I always look for news and forecasts before opening a new position then take help of my charts i mostly rely on price actions strategy if i see any better options i instantly open a position for buy or sell.

garung

2013-02-18, 07:11 PM

well i think too long you are in the demo if sampi 4 months dfapat you because you do not feel real trading in a demo account and I think it is best to immediately enter the real account trading.

Subramaniam

2013-02-18, 08:14 PM

our steps before and after trade in my opinion, we always observe price movements carefully. fundamental and techniques of trading system. and always follow the latest news.

smlouwa

2013-02-18, 08:24 PM

The emotion is big problem for traders, even this is a problem that mostly difficult to avoid for any traders, for me also...and you are very right friend because we should developing our psychology, because in my opinion psychology is related with the emotions, sometime from the emotions that will grow a new problem like greedy !

damado

2013-02-18, 09:16 PM

the necessary thing in the forex market is to judge the market and if we will be able to judge the market properly then mostly we can get good profit. the first thing for the newbies is to analysis the market properly so that they should get some money from the forex market.

pullback

2013-02-18, 09:25 PM

it is good information, a lot of times we only know what we have to do before the transaction, but we forget what we have to do after the transaction, and this is really new for meand I want to do it

sjouwan

2013-02-18, 09:33 PM

I believe that It is very great and informatives articles and it is not only for the beginners but also the traders who have less knowledges of the markets or who is under confidents...And It provides a systemetic guideline for the trading in forex markets