Steps that must take before or after trading...newbies just look out it.

[Victoryindia]

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

[anubhavsingh]

Very nice and informative post friend..
Every new trader should follow these trading tips before opening and closing any trade

[Victoryindia]

thanks dude.....will post more information for new bies like this that should be help something for newbie if they follow little bit of this kind of information .....

[soumen]

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.

[mayengbam]

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

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

[denira]

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.

otherwise afford or have the ability to perform better anlisa news we watch and wait how the market response to the news as we could have one in the positioning of trade and result on our account Patal

[denira]

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.

otherwise afford or have the ability to perform better anlisa news we watch and wait how the market response to the news as we could have one in the positioning of trade and result on our account Patal

[pivot-trader]

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

for me point number 4 is hard. :D sometime i ussulay broke my trading rules, i broke it after get big loss. :D

[mayengbam]

for me point number 4 is hard. :D sometime i ussulay broke my trading rules, i broke it after get big loss. :D

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

[denira]

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

indeed very true what you say when we make a mistake we should be to correct those mistakes and not repeat it again

[soumen]

for me point number 4 is hard. sometime i ussulay broke my trading rules, i broke it after get big loss.
main bhi kuch samay rules follow nehi kar pata hoon. aur greed and money management se paresan ho jata hoon. isliye loss bhi ho jata he. isliye ek accha trader hone ke liye in sab ko follow karna jaruri hei. main ji tor kosish kar raha hoon abhi.:yahoo:

[pinpin]

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.
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
of 9 rules that the number 4 was very difficult to run
sometimes we still follow the emotions, and high discipline required to follow the rules
and it can not be quickly.
takes time and practice

[denira]

of 9 rules that the number 4 was very difficult to run
sometimes we still follow the emotions, and high discipline required to follow the rules
and it can not be quickly.
takes time and practice

anything that we want control of forex could not just we're going to get because we need to faithfully follow all the processes that we will face both the loss and even MC

[dead]

anything that we want control of forex could not just we're going to get because we need to faithfully follow all the processes that we will face both the loss and even MC

once true friends we have to accept with all the sincerity of any loss or MC that we receive because then we will accept gracefully

[arjun]

once true friends we have to accept with all the sincerity of any loss or MC that we receive because then we will accept gracefully

yes I agree with you, because if you want anger, you will be angry with whom?
because the wrong is yourself, so inevitably you have to accept it,
and should you learn from mistakes

[alwi]

yes I agree with you, because if you want anger, you will be angry with whom?
because the wrong is yourself, so inevitably you have to accept it,
and should you learn from mistakes

learn from mistakes that we've ever done is the best way but learning from others is a bad way and not get anything about discipline

[mayengbam]

yes I agree with you, because if you want anger, you will be angry with whom?
because the wrong is yourself, so inevitably you have to accept it,
and should you learn from mistakes

rightly said buddy, we make the mistakes and we should be the one to correct it. being angry with ourselves will not solve the problem, we should be cool in our approach and find out the solution which is the necessity

[anubhavsingh]

learn from mistakes that we've ever done is the best way but learning from others is a bad way and not get anything about discipline

Forex me profit aur loss dono chalte rehte hai..
Acha trader wahi hota hai jo apne losses se kuch seekh ke aage bade aur purani galtiyo ko repeat na karta hua trade kare...
Apni har galti se kuch na kuch zarur seekhe./..agar in baaton ka dhyaan rakha jayega to aap zarur ek ache trader sabit honge

[dead]

Forex me profit aur loss dono chalte rehte hai..
Acha trader wahi hota hai jo apne losses se kuch seekh ke aage bade aur purani galtiyo ko repeat na karta hua trade kare...
Apni har galti se kuch na kuch zarur seekhe./..agar in baaton ka dhyaan rakha jayega to aap zarur ek ache trader sabit honge
has become a colorful forex profit if it exists then there is a loss, but how we achieve a profit in our trade and as far as possible to avoid loss

[alwi]

has become a colorful forex profit if it exists then there is a loss, but how we achieve a profit in our trade and as far as possible to avoid loss

and we need to do is how we do so that our trade has the ability to make a profit greater than the loss

[arjun]

and we need to do is how we do so that our trade has the ability to make a profit greater than the loss

one of the most effective way is to use a lot different on a different signal.
use a lot of good signal, vice versa. but this is usually only for people who are already proficient.
you can try.

[denira]

one of the most effective way is to use a lot different on a different signal.
use a lot of good signal, vice versa. but this is usually only for people who are already proficient.
you can try.

exactly once, but by doing a lot of mistakes against a poor signal it gives us more and more learning and it's exciting to continue in the trial

[arjun]

exactly once, but by doing a lot of mistakes against a poor signal it gives us more and more learning and it's exciting to continue in the trial

sometimes it will happen we open a position with a large lot, but exposed to loss.
indeed it is better to apply the MM like that, we first need to be proficient in analyzing the price.
do not be hasty pace.

[anubhavsingh]

indeed very true what you say when we make a mistake we should be to correct those mistakes and not repeat it again

Learning from your mistaeks is very important ion forex trading
every trader must have faced loss in few of his deals..And if he learn from his losses, he will never repeat those mistakes and will surely come out from all his losses
So every trader sould analysie his loss properly and then should ,move on

[medhat4forex]

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

[dead]

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

wow I think for too long you are in the demo if sampi 4 months dfapat friend because you do not feel the real trading in a demo account and I think is the best way is to immediately enter the real account even though it accounts cent

[denira]

sometimes it will happen we open a position with a large lot, but exposed to loss.
indeed it is better to apply the MM like that, we first need to be proficient in analyzing the price.
do not be hasty pace.

and worse still when we rush we will often have what is called the unstable and confused condition for something that makes us not focus

[pinpin]

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
I think 4 months is too long
and can make us bored, 1 or 2 months I think we learn enough to demo
because if we continue in the demo, we will not be able to study emotions in trading

[anubhavsingh]

I think demo practice is the best way to learn forex trading. A newbies should have more than 3 or 4 months demo practice. Then he should come to cent account to learn emotions handling.

This is very basic necessity of forex trading
entering directly into real account is very risky for traders..So traders should trade in demo account for few mionths and then enter in the live trading account

[vicky]

This is very basic necessity of forex trading
entering directly into real account is very risky for traders..So traders should trade in demo account for few mionths and then enter in the live trading account

correct brother when forex is so risky and need lots of education and learning and experience then its never good to enter directly real market with out proper knowledge from demo and wihtout homework. actually if we do such then it will be easy to loss but very hard to gain green pips.

[arjun]

I think demo practice is the best way to learn forex trading. A newbies should have more than 3 or 4 months demo practice. Then he should come to cent account to learn emotions handling.

yup i agree with you,
I already feel the benefits of trading demo, we become increasingly familiar with the system we use.
and after a plunge in trading accounts, we only need to study psychology.

[blackprince4u]

yup i agree with you,
I already feel the benefits of trading demo, we become increasingly familiar with the system we use.
and after a plunge in trading accounts, we only need to study psychology.

Yup but developing our psychology is as important as trading on live account.Because our emotions can ruin all our analysis and bring more losses than the profits gained by our strategies

[soumen]

correct brother when forex is so risky and need lots of education and learning and experience then its never good to enter directly real market with out proper knowledge from demo and wihtout homework. actually if we do such then it will be easy to loss but very hard to gain green pips.
i am totally agree with you. forex me agar koi basic na sikhe to uska loss karna nischit he. isliye demo and practice and knowledge aapko sab dikha sakte he.
aapke ek baat accha laga ki easy to loss very hard to gain. yes this is right. education ek trader ko aur behtar bana sakta he. main bhi abhi bhi sikh ta hoon. sikhne ka koi end nhi.

[vicky]

i am totally agree with you. forex me agar koi basic na sikhe to uska loss karna nischit he. isliye demo and practice and knowledge aapko sab dikha sakte he.
aapke ek baat accha laga ki easy to loss very hard to gain. yes this is right. education ek trader ko aur behtar bana sakta he. main bhi abhi bhi sikh ta hoon. sikhne ka koi end nhi.

yes i also think there is no ending of learning in forex and when the market is dynamic then anytime we can learn new new things and in forex everyone must do mistake even they experience trader but they learn from their mistake . i also passed so many days but think i learn so little thing and realize then when sometime i do mistake in real market.

[ganguly]

thanks dude.....will post more information for new bies like this that should be help something for newbie if they follow little bit of this kind of information .....

[arjun]

according to you all, how many times we should try to use a system to truly believe that the system is compatible with ourselves?
help information.

[vicky]

thanks dude.....will post more information for new bies like this that should be help something for newbie if they follow little bit of this kind of information .....

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.

[denira]

yeah you right for this one should never pass through the step-ledge of trade which is good because it will take you on a confused because after making a good move it is a good thing

first of all a beginner must learn about the basics of forex well and then move on to learn the trading platform and subsequently began studying the analysis while at the demo rehearsal after that will likely find problems such as greed, poor money management and emotional control are all part of the forex

[anubhavsingh]

thanks dude.....will post more information for new bies like this that should be help something for newbie if they follow little bit of this kind of information .....

aisi informations bahut hi useful hoti hai new tradres ke liye bhi aur advanced traders ke liye bhi
mostly new traders ye sab points ignoe kar dete hai aur yahi unke loss ka reason bhi hota hai
naye traders ko in baaton ka dhyaan rakhna chhaiye

[Ganesh]

:good: real good helping points added in this topic to learn from......newbies will be benifited a lot from this and not to mention even me......basic stuff to look frorward for......thanx added:peace:

[anubhavsingh]

learn from mistakes that we've ever done is the best way but learning from others is a bad way and not get anything about discipline

har trader ko apni mistakes se seekhna chahiye
aisa karne se 1 baar hui galti fir se repeat nahi hogi aur aisa hone se aapke loss ke chances bahut hi kam ho jayenge
acha trader wahi hota hai jo apne sare losses se kuch na kuch zarur seekhta hai

[SG Trader]

first of all a beginner must learn about the basics of forex well and then move on to learn the trading platform and subsequently began studying the analysis while at the demo rehearsal after that will likely find problems such as greed, poor money management and emotional control are all part of the forex

i agree with you, but not many a beginner trader do that, maybe if there a trader who want to trade in the forex and see your comment in this forum, i think they will be do that :)

[soumen]

real good helping points added in this topic to learn from......newbies will be benifited a lot from this and not to mention even me......basic stuff to look frorward for......thanx added
ya its really a grt thread. aap agar forex me tike rahna chate ho to aap forex ko ji jaan se sikhe. or ha rules agar aap follow kare to ek din koi bhi new trader ek baria trader hoga. main bhi aisa kuch rules follow karta hoon aur ye sabhi ko karana chihiye.

[soumen]

real good helping points added in this topic to learn from......newbies will be benifited a lot from this and not to mention even me......basic stuff to look frorward for......thanx added
ya its really a grt thread. aap agar forex me tike rahna chate ho to aap forex ko ji jaan se sikhe. or ha rules agar aap follow kare to ek din koi bhi new trader ek baria trader hoga. main bhi aisa kuch rules follow karta hoon aur ye sabhi ko karana chihiye.


sorry for double posting. mod plz delete one.

[greenmedia]

Thanks for the update:)
What I do first is to pray and then analyze and then decide.
The rest let the market flow like water.

[SG Trader]

Thanks for the update:)
What I do first is to pray and then analyze and then decide.
The rest let the market flow like water.

you are good, when doing something we must pray firstly, and certainly in this business when we dont know the market flow.
confident with our analysis and if we get well in the result, we must be grateful to god.

[Victoryindia]

agar aap newbies hai to news me trae na kare wo hi betar hai kyunki news me market zyada volatile hota hai aur hume margin call bhi lag sakta hai

[denira]

you are good, when doing something we must pray firstly, and certainly in this business when we dont know the market flow.
confident with our analysis and if we get well in the result, we must be grateful to god.

when we try all we can to analyze the market every day then we will be able to use it with good analysis and do not forget we continue to pray to god even though we do not always count on a luck

[carimas888]

just relax and calm down before start the trading.look at the chart and try to analysis from big time frame to small time frame.then entry good point,put stop loss and take profit.wait and see the market or we can do other activities.

[siddesh]

Those steps highlighted are very essential and should be strictly followed by all if you intend and wish to make a successful trade career in forex.On the issue of trading the news,it is very risky to leave your trade open when news are scheduled to be released owing to the enormity and volatility associated with such release.It is better to trade after the news has been released in direction of the outcome of the news.It would also be wrong for any trader to have a bias mind(taking side) for any currency and place trade in such direction.It is absolutely unjustifiable because no trader has an absolute control over the market

[Ronak]

thankss for the valuable information ..this will be more helpfull to newbies..if our newbies follow 50% of its. then they will be succesfull through trading..and also they dont need to spend more time for learning and finding topics at net while they have experts like you....

[venkiaries61]

just relax and calm down before start the trading.look at the chart and try to analysis from big time frame to small time frame.then entry good point,put stop loss and take profit.wait and see the market or we can do other activities.

Yes i agree with you. You mention one type of analysis. Of course, i follow this method only. It helps me a lot. but, i don't stop loss. I wait for my target. I place a reasonable target, so only there is nothing to worry.

[Victoryindia]

Yes i agree with you. You mention one type of analysis. Of course, i follow this method only. It helps me a lot. but, i don't stop loss. I wait for my target. I place a reasonable target, so only there is nothing to worry.
ok will u wait 10 years for ur price to come back, sometimes price never come back , 2008 me gbpusd 2.1000 gaya tha aur wo last 3 saal me kabhi nahi aaya

[carimas888]

after practicing for several months, doing a little training, and getting some forex education and becoming consistently profitable, it's time to start making live trades.if we stick to the same practices we used to be profitable while trading the demo account,we will be successful.

[jai]

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 -->> go for it.

[sanjeev]

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.

[Ronak]

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.

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..

[sachin]

Listening to the news is the most important thing in forex trading. This is because the news greatly drives the forex market to move in certain directions. Once you hear the news, then you will trade safely and avoid losses that come from the news.

[anubhavsingh]

If you do not have experience to trade news you can close or hedge your open position during news hours. You can use economic calendar to watch the news hours.

aapne bahut sahi tarika bataya bhai
news ke time pe small aur new tradres ko apni deals ko kam se kam rakhna chahiye kyubnki is waqt market bahut zada fluctuate hota hai aur aapki margin call tak lag sakti hai
aise time pe ya to deal ko close kar dena chahye ya fir hedge karke bacha lena chahaiye

[anubhavsingh]

and we need to do is how we do so that our trade has the ability to make a profit greater than the loss

iske liye aapko is forum ka regular hissa banana padega kyunki yaah pe bahut ache aur reputed trader bhi ahi jisne aapko bahut kuch sekhne ko mil sakta hai
acvhe trader se sekh ke trading karoge to forex se aap bahut acha paisa kamaoge

[netra]

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.

[akshayfuriya]

main bhi kuch samay rules follow nehi kar pata hoon. aur greed and money management se paresan ho jata hoon. isliye loss bhi ho jata he. isliye ek accha trader hone ke liye in sab ko follow karna jaruri hei. main ji tor kosish kar raha hoon abhi.

[Victoryindia]

main bhi kuch samay rules follow nehi kar pata hoon. aur greed and money management se paresan ho jata hoon. isliye loss bhi ho jata he. isliye ek accha trader hone ke liye in sab ko follow karna jaruri hei. main ji tor kosish kar raha hoon abhi.

aapnai 1dum sahi kaha ki kabhi kabhi aap trading k rule nahi kar pate .woh time hi kabhi-kabhi aisa aajata hai ki hum proper management nahi kar pate hai

[Jazpa]

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
I think the most important think to start the trade is the proper forex education. One who is willing to trade in forex must have proper forex knowledge. He\she should know what is forex about, how it is done, what are the aspects of trade. Only if they understand the complete forex they will be able to become successful forex trader later.

[chirayu]

one of the most effective way is to use a lot different on a different signal.
use a lot of good signal, vice versa. but this is usually only for people who are already proficient.
you can try.

[sunil]

thanks dude.....will post more information for new bies like this that should be help something for newbie if they follow little bit of this kind of information .....

[angakhoo]

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

[chirayu]

Forex me profit aur loss dono chalte rehte hai..
Acha trader wahi hota hai jo apne losses se kuch seekh ke aage bade aur purani galtiyo ko repeat na karta hua trade kare...
Apni har galti se kuch na kuch zarur seekhe./..agar in baaton ka dhyaan rakha jayega to aap zarur ek ache trader sabit honge

[akshayfuriya]

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.

[Ronak]

main bhi kuch samay rules follow nehi kar pata hoon. aur greed and money management se paresan ho jata hoon. isliye loss bhi ho jata he. isliye ek accha trader hone ke liye in sab ko follow karna jaruri hei. main ji tor kosish kar raha hoon abhi.
most of newbies has less knowledge so while they are trading with real account they can nt able to apply proper money management..and they not control over greed....so first steps is to make good knowledge and apply some money management . ..

[keset]

most of newbies has less knowledge so while they are trading with real account they can nt able to apply proper money management..and they not control over greed....so first steps is to make good knowledge and apply some money management . ..
true that many new traders who are lazy to learn about MM is good, but it's very important that we do not overtrade .. and when the MC loss, and we must learn from those mistakes. :)

[s19]

true that many new traders who are lazy to learn about MM is good, but it's very important that we do not overtrade .. and when the MC loss, and we must learn from those mistakes. :)

yes friend i agree with you...most of the froex trader avoide money managements. they want more money in a singel trade so they open heavy order. but they dont know its opposite effect. their analysis goes in oppsite direction and they got magin call.
so when ever open any trade follow money management rules and must put SL & TP

[vikas]

one of the most effective way is to use a lot different on a different signal.
use a lot of good signal, vice versa. but this is usually only for people who are already proficient.
you can try.

[aniket]

real good helping points added in this topic to learn from......newbies will be benifited a lot from this and not to mention even me......basic stuff to look frorward for......thanx added

[netra]

i agree with you, but not many a beginner trader do that, maybe if there a trader who want to trade in the forex and see your comment in this forum, i think they will be do that

[vikas]

yup i agree with you,
I already feel the benefits of trading demo, we become increasingly familiar with the system we use.
and after a plunge in trading accounts, we only need to study psychology.
correct brother when forex is so risky and need lots of education and learning and experience then its never good to enter directly real market with out proper knowledge from demo and wihtout homework. actually if we do such then it will be easy to loss but very hard to gain green pips.

[vikas]

thanks dude.....will post more information for new bies like this that should be help something for newbie if they follow little bit of this kind of information .....

yes i also think there is no ending of learning in forex and when the market is dynamic then anytime we can learn new new things and in forex everyone must do mistake even they experience trader but they learn from their mistake . i also passed so many days but think i learn so little thing and realize then when sometime i do mistake in real market.

[vikas]

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.

[hiren]

very nice and possessive post and nice information bro.
it must help beginners becsuse basic concepts and some more deeply points are covers in this topic.
thanx for sharing it with us and specially for newbies.

[patil]

main bhi kuch samay rules follow nehi kar pata hoon. aur greed and money management se paresan ho jata hoon. isliye loss bhi ho jata he. isliye ek accha trader hone ke liye in sab ko follow karna jaruri hei. main ji tor kosish kar raha hoon abhi.

[nikhil_rrane]

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.

[wolfkamikaz]

Thank you really is good for any new in any field I like it
6.) DURING Never take side trading, you are here only to make profit so Always trade in the management 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 it in your stop-loss.

[YJSP]

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

Good advice on forex trading if the stict discipline is applied, it is very important for low time traders to exit their trades before the news release, because the high impact news always wipe off your profit.

[patil]

बहुत अच्छा और जानकारीपूर्ण पोस्ट दोस्त ..
हर नए व्यापारी किसी भी पारं उद्घाटन और समापन से पहले इन ट्रेडिंग युक्तियाँ का पालन करना चाहिए

[nikhil]

i am totally agree with you. forex me agar koi basic na sikhe to uska loss karna nischit he. isliye demo and practice and knowledge aapko sab dikha sakte he.
aapke ek baat accha laga ki easy to loss very hard to gain. yes this is right. education ek trader ko aur behtar bana sakta he. main bhi abhi bhi sikh ta hoon. sikhne ka koi end nhi.

[hiren]

I think the most important think to start the trade is the proper forex education. One who is willing to trade in forex must have proper forex knowledge. He\she should know what is forex about, how it is done, what are the aspects of trade. Only if they understand the complete forex they will be able to become successful forex trader later.

[bhanu]

true that many new traders who are lazy to learn about MM is good, but it's very important that we do not overtrade .. and when the MC loss, and we must learn from those mistakes.

[chintan]

agar aap newbies hai to news me trae na kare wo hi betar hai kyunki news me market zyada volatile hota hai aur hume margin call bhi lag sakta hai

[narendra]

ok will u wait 10 years for ur price to come back, sometimes price never come back , 2008 me gbpusd 2.1000 gaya tha aur wo last 3 saal me kabhi nahi aaya

[narendra]

aapnai 1dum sahi kaha ki kabhi kabhi aap trading k rule nahi kar pate .woh time hi kabhi-kabhi aisa aajata hai ki hum proper management nahi kar pate hai

[hetal]

ya forex is such vast ocean of knowledge that its never end.at every point there is something to learn.Many good and experienced traders also try to learn something new so that they can increase their trading skills

[aryan]

Yup but developing our psychology is as important as trading on live account.Because our emotions can ruin all our analysis and bring more losses than the profits gained by our strategies

[speedy]

Yup but developing our psychology is as important as trading on live account.Because our emotions can ruin all our analysis and bring more losses than the profits gained by our strategies

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.

[newentry]

Yup but developing our psychology is as important as trading on live account.Because our emotions can ruin all our analysis and bring more losses than the profits gained by our strategies

yes, that's the problem
we have to control it with well and i have asked to someone how to control emotion in trading and he answered that we have to think without burden on our minds

[nuh514]

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.

[SG Trader]

Yup but developing our psychology is as important as trading on live account.Because our emotions can ruin all our analysis and bring more losses than the profits gained by our strategies

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.

[krishan]

बहुत अच्छा और जानकारीपूर्ण पोस्ट दोस्त ..
हर नए व्यापारी किसी भी पारं उद्घाटन और समापन से पहले इन ट्रेडिंग युक्तियाँ का पालन करना चाहिए

[akshayfuriya]

main bhi kuch samay rules follow nehi kar pata hoon. aur greed and money management se paresan ho jata hoon. isliye loss bhi ho jata he. isliye ek accha trader hone ke liye in sab ko follow karna jaruri hei. main ji tor kosish kar raha hoon abhi.

[krishan]

व्यापार इससे पहले कि यह हमेशा बेहतर है सिद्धांतों और technicals के बारे में पता है ताकि आप उचित स्थान पर स्थान ले और लाभ कर सकते हैं. लाभ जबकि यह की कुछ राशि वापस लेने के बाद कुछ राशि यौगिक इतना है कि यह आप भविष्य में और अधिक पैसे बनाने के लिए मदद मिलेगी.

[eddis]

before trading in market we need have a good indicator
best indicator without repaint system is very good for make profot
we can test indicator in demo account to know about that indicator

[chirayu]

real good helping points added in this topic to learn from......newbies will be benifited a lot from this and not to mention even me......basic stuff to look frorward for......thanx added

[sachin]

once true friends we have to accept with all the sincerity of any loss or MC that we receive because then we will accept gracefully

[akshayfuriya]

has become a colorful forex profit if it exists then there is a loss, but how we achieve a profit in our trade and as far as possible to avoid loss

[akshayfuriya]

wow I think for too long you are in the demo if sampi 4 months dfapat friend because you do not feel the real trading in a demo account and I think is the best way is to immediately enter the real account even though it accounts cent

[sanjeev]

फिर विदेशी मुद्रा ज्ञान के ऐसे विशाल सागर है कि अपनी हर बिंदु वहाँ कुछ अच्छे और अनुभवी व्यापारियों learn.Many end.at भी कुछ नया सीखने की कोशिश कभी नहीं है इतना है कि वे उनके व्यापार कौशल में वृद्धि कर सकते हैं

[sanjeev]

फिर desciplined के साथ व्यापार बहुत आवश्यक है के लिए हर सफल forex.If में आप अच्छी तरह से desciplined कर रहे हैं अपने व्यापार में व्यापारी बनने के लिए तो यह संभव है लगातार लाभ कमाने

[aafx100]

I think trading is not a everyone 's job. Although trading in the local market is much more difficult comparatively to the forex trading. Both the market needs to be given proper time by the trader.

[zaloo]

And also it is important to don't follow other's mistake and try to avoid it , and always ask about how can you avoid this mistake without fulling in it again and how can i do it's right decide .

[sanjeev]

हा फली जिंदा apne bilkul emtion साही, लालच और डर तु teeno मक्का bhohat कोई सक्रिय व्यापार nikark लिये jyada. शाम की प्रार्थना dur rakhneki koshis करनी chaiye को kyuki कोई समान bhohat jodine teeno की मैं व्यापारियों barbad कर दीया इनको नहीं रहते

[aryan]

Yup but developing our psychology is as important as trading on live account.Because our emotions can ruin all our analysis and bring more losses than the profits gained by our strategies

[bhanu]

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.

[kamla]

most of newbies has less knowledge so while they are trading with real account they can nt able to apply proper money management..and they not control over greed....so first steps is to make good knowledge and apply some money management . ..

[tibasingh]

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

hnnn such a good post waqai dost ap ne kafi achi posting ki ha mugh ko bahot use ful lagi ha ye post kafi steps ko parrh kar aesa laga ha k en ka main khiyal he nahi rakhta

[nikhil]

Good advice on forex trading if the stict discipline is applied, it is very important for low time traders to exit their trades before the news release, because the high impact news always wipe off your profit.

[hiren]

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.

[MTEBESSI]

Good advice on forex trading if the stict discipline is applied, it is very important for low time traders to exit their trades before the news release, because the high impact news always wipe off your profit.
I hate trade when there is an important news so I check the economic calendar at the begin of the day to avoid great news release.

[kamla]

yes i also think there is no ending of learning in forex and when the market is dynamic then anytime we can learn new new things and in forex everyone must do mistake even they experience trader but they learn from their mistake . i also passed so many days but think i learn so little thing and realize then when sometime i do mistake in real market.

[kamla]

correct brother when forex is so risky and need lots of education and learning and experience then its never good to enter directly real market with out proper knowledge from demo and wihtout homework. actually if we do such then it will be easy to loss but very hard to gain green pips.

[anitagala124]

Aap kay liye behtar hay kay aap apni computer table par money management kay rules aur kuch aham rules likh kar rakh lo aur un ko trading kay doraan follow karo.

[realfun07]

Before performing their trades a trader must check his equity and calculate the lot size and leverage wisely and also monitor the news releases constantly as it is a good opportunity to make more money.

[anitagala124]

Good advice on forex trading if the stict discipline is applied, it is very important for low time traders to exit their trades before the news release, because the high impact news always wipe off your profit.

[anubhavsingh]

correct brother when forex is so risky and need lots of education and learning and experience then its never good to enter directly real market with out proper knowledge from demo and wihtout homework. actually if we do such then it will be easy to loss but very hard to gain green pips.

ye baat to har trader ko samjhay ijati hai ki forex me jitni bhi study kar li jaye..iska koi bhi end nahi hai
agar aapke trade profit me jate hai to apko apne profit ko enjoy karna chahaiye aur agar aapke trade loss me jate hai to apko apni galtiyo ko analyse karte hue aage ke trade me un galtiyo se bach ke chalna chahaiye

[rakesh]

correct brother when forex is so risky and need lots of education and learning and experience then its never good to enter directly real market with out proper knowledge from demo and wihtout homework. actually if we do such then it will be easy to loss but very hard to gain green pips.

[rakesh]

yes i also think there is no ending of learning in forex and when the market is dynamic then anytime we can learn new new things and in forex everyone must do mistake even they experience trader but they learn from their mistake . i also passed so many days but think i learn so little thing and realize then when sometime i do mistake in real market.

[hetal]

i am totally agree with you. forex me agar koi basic na sikhe to uska loss karna nischit he. isliye demo and practice and knowledge aapko sab dikha sakte he.
aapke ek baat accha laga ki easy to loss very hard to gain. yes this is right. education ek trader ko aur behtar bana sakta he. main bhi abhi bhi sikh ta hoon. sikhne ka koi end nhi.

[hetal]

ya its really a grt thread. aap agar forex me tike rahna chate ho to aap forex ko ji jaan se sikhe. or ha rules agar aap follow kare to ek din koi bhi new trader ek baria trader hoga. main bhi aisa kuch rules follow karta hoon aur ye sabhi ko karana chihiye.

[balakalimuthu]

It's the great to read this tread as I find many things to learn. As I'm being a beginner I need to learn many things that are most essential things every trader must know before starting trading Forex. I just wanted to contribute to this thread from the knowledge I gained in Forex. let me try on my contribution....

[prem]

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
your nine important points are absolutely correct.if trading beginners follow these steps regularly,they will be well practised, accure several strategic plans,experience.they get maturity about how to handle loss from the market movements.it is also very useful for me.

[atif58]

Very informative post buddy. Every newbie should follow all these steps.
I also follow these steps but step number 5 and 9 i always overlooked and never have the idea of it. These two steps really impress me and increased my knowledge.

[onlyfx]

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

I think all of us should follow the above mentioned steps because if we follow them then we can save ourselves from big losses and can get a lot of profit from the forex market. I appreciate the thread creator for the good knowledge provide by him.

[aniket]

hnnn such a good post waqai dost ap ne kafi achi posting ki ha mugh ko bahot use ful lagi ha ye post kafi steps ko parrh kar aesa laga ha k en ka main khiyal he nahi rakhta

[vikas]

and worse still when we rush we will often have what is called the unstable and confused condition for something that makes us not focus

[yogesh]

sometimes it will happen we open a position with a large lot, but exposed to loss.
indeed it is better to apply the MM like that, we first need to be proficient in analyzing the price.
do not be hasty pace.

This is what exactly i think, we should never be in hurry to open a trader rather should wait until the best opportunity comes. While buying people think that if they wait some more prices will be sky high and then they have to buy at higher prices but in my view, open trade only when prices are near support at least you shall have lesser chances to lose.
Also even the statements of large players can change the direction of market, like if RBI announces that they are going to sell their stake of usd, usd price for sure will come down upto an extent.

[nikam]

indeed very true what you say when we make a mistake we should be to correct those mistakes and not repeat it again

[prem]

beginners should always watch the news with day and accurate time.analyze what effects are occurred after releasing news in favorite currency pairs.note current trends in currency pairs.then we must careful with the lot sizes and take profit pips.we should not wait for getting huge profit,it leads to huge loss.

[jadhav]

aapnai 1dum sahi kaha ki kabhi kabhi aap trading k rule nahi kar pate .woh time hi kabhi-kabhi aisa aajata hai ki hum proper management nahi kar pate hai

[furiya]

Han news kay time main mumkan hay aap ki aik loss walee position profit main a jay aur profit walee position loss main chalee jay. Profit walee positions ko to bas close karna chahiye aur loss wale ko hedge ya stop loss reasonable level par lage dena chahiye.

[furiya]

one of the most effective way is to use a lot different on a different signal.
use a lot of good signal, vice versa. but this is usually only for people who are already proficient.
you can try.

[furiya]

sometimes it will happen we open a position with a large lot, but exposed to loss.
indeed it is better to apply the MM like that, we first need to be proficient in analyzing the price.
do not be hasty pace.

[nikam]

yes I agree with you, because if you want anger, you will be angry with whom?
because the wrong is yourself, so inevitably you have to accept it,
and should you learn from mistakes

[jadhav]

yup i agree with you,
I already feel the benefits of trading demo, we become increasingly familiar with the system we use.
and after a plunge in trading accounts, we only need to study psychology.

[jadhav]

according to you all, how many times we should try to use a system to truly believe that the system is compatible with ourselves?
help information.

[jadhav]

yes, that's the problem
we have to control it with well and i have asked to someone how to control emotion in trading and he answered that we have to think without burden on our minds

[dmambi]

Before trading one should do proper analysis of the currency market and read the charts appropriately. Only then we should start trading on Demo account . once we feel we can make profit in trading, then only we should switch to the real account trading.

[jadhav]

I think the most important think to start the trade is the proper forex education. One who is willing to trade in forex must have proper forex knowledge. He\she should know what is forex about, how it is done, what are the aspects of trade. Only if they understand the complete forex they will be able to become successful forex trader later.

[nikam]

very nice and possessive post and nice information bro.
it must help beginners becsuse basic concepts and some more deeply points are covers in this topic.
thanx for sharing it with us and specially for newbies.

[prem]

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.finally we watch update news releases,analysis in the lower time frames in same direction with the current trend indicated by stochastic on 4hour chart.

[shinde]

real good helping points added in this topic to learn from......newbies will be benifited a lot from this and not to mention even me......basic stuff to look frorward for......thanx added

[waqasma]

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.

[prem]

i think demo account practice is the best way to learn about forex.beginners should have more than 3 or 4 months demo account practice.then he should do analysis in favorite currency pairs,develop strategic plans,control emotions,greed.then enter into the real account with small investment.

[lax]

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.

[aadrika]

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

This is a very good set of rules. If a newbie and even experienced traders can stick to this, they will experience more profits from their trades. It never pays to take sides in a forex. If the market is rallying, become a bull and if it falling become a bear. That is the best way to make profits in forex, never hold on to a losing position.

[anubhavsingh]

This is a very good set of rules. If a newbie and even experienced traders can stick to this, they will experience more profits from their trades. It never pays to take sides in a forex. If the market is rallying, become a bull and if it falling become a bear. That is the best way to make profits in forex, never hold on to a losing position.

bahut hi useful aur informative post hai ye..naye traders ko iske har point ko follow karna chahaiye
forex me agar aapko loss hota hai to apko usse ghabrana nahi chhaiye...jab apka mood shant ho jaye to aapko apne losses ko analyse karna chahaiye aur apni galtiyo ko smajhte hue aage se unhe nahi dohrana chahaiye

[muhammadatif]

I like this post dear brother it is very good for new traders like me. I have got too much knowledge from this post and I am able now to improve my trading techniques and earn more profit with more confidently.

[lax]

Before performing their trades a trader must check his equity and calculate the lot size and leverage wisely and also monitor the news releases constantly as it is a good opportunity to make more money.

[hindlekar]

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

[kastur]

ya trading with desciplined is very essential for every trader to become successful in forex.If you are well desciplined in your trading then it is possible to earn consistent profit

[kastur]

when we try all we can to analyze the market every day then we will be able to use it with good analysis and do not forget we continue to pray to god even though we do not always count on a luck

[kastur]

first of all a beginner must learn about the basics of forex well and then move on to learn the trading platform and subsequently began studying the analysis while at the demo rehearsal after that will likely find problems such as greed, poor money management and emotional control are all part of the forex

[borle]

yup i agree with you,
I already feel the benefits of trading demo, we become increasingly familiar with the system we use.
and after a plunge in trading accounts, we only need to study psychology.

[borle]

according to you all, how many times we should try to use a system to truly believe that the system is compatible with ourselves?
help information.

[fxquest]

yes I agree with you, because if you want anger, you will be angry with whom?
because the wrong is yourself, so inevitably you have to accept it,
and should you learn from mistakes

Anger harms the most of ourself and so it is not good at least for traders. Newbies should spend time and take efforts to learn things and come out with a profitable strategy before trying with real account.

[borle]

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..

[dog]

analyse and think well before you trade.know more about trading strategies.try to analyse yourself and lookout the indicators and signal and take it for your reference.try to control your emotions and keep your mind stress free

[sonia]

yes,you are right. not only newbie but all the Forex trader should look it carefully. you will not be a successful trader only follwing technical analysis or fundamental analysis alone. you have to analysis on both.that means newbie should focus on fundamental analysis(economic news) and technical analysis(your strategy of starting or ending trading) when they are going to start ot end a trade. happy trading.

[naik]

There are many steps that we can take in order to become profitable in the business of forex. We should try and set the stop loss in all our trades so that we can be able to make reasonable profits in our trades.

[adahidayat]

i think that a newbie should first get a knowledge about forex trading and understand all the forex rules...then he should make a good planning and try on demo for two weeks...and then he should read and know market related factors which can move market...and make a good strategy and following forex rules, should trade sensibly and always learn from mistakes.....

[sarwars]

It is right that forex is so risky and need lots of education and learning and experience then its never good to enter directly real market with out proper knowledge from demo and wihtout homework and i also passed so many days but think i learn so little thing and realize then when sometime i do mistake in real market.

[SG Trader]

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.

[SG Trader]

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.

[aadrika]

Anger harms the most of ourself and so it is not good at least for traders. Newbies should spend time and take efforts to learn things and come out with a profitable strategy before trying with real account.

आप सही है कि यह अच्छी बात नहीं होने चाहिए नाराज हो गए. इस प्रकृति के कारण करेंगे गुस्सा बनाने के लिए आप एक खराब व्यापार है । यह अच्छी बात को शांत बना विश्लेषण से पहले आपको आपके लिए व्यापार है ।

[gala]

hnnn such a good post waqai dost ap ne kafi achi posting ki ha mugh ko bahot use ful lagi ha ye post kafi steps ko parrh kar aesa laga ha k en ka main khiyal he nahi rakhta

[pooja]

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.

[shinde]

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.

[pooja]

yes, that's the problem
we have to control it with well and i have asked to someone how to control emotion in trading and he answered that we have to think without burden on our minds

[alam]

Han news kay time main mumkan hay aap ki aik loss walee position profit main a jay aur profit walee position loss main chalee jay. Profit walee positions ko to bas close karna chahiye aur loss wale ko hedge ya stop loss reasonable level par lage dena chahiye.

[shinde]

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.

[arihant]

Yeah before we get entered in forex trading we have to take every corrective measure for learning forex trading carefully , and first we have to do practice in demo account before we get entered into real forex trading . It is advisable for newbie that he/she may not invest large amount of funds before you grab knowledge and experience . And after you grab some good knowledge and ideas about forex you should have to take big risk in order to earn a large amount of profit within a very short period of time .And don't be greedy while doing trading.

[nilesh]

I like this post dear brother it is very good for new traders like me. I have got too much knowledge from this post and I am able now to improve my trading techniques and earn more profit with more confidently.

[pooja]

sometimes it will happen we open a position with a large lot, but exposed to loss.
indeed it is better to apply the MM like that, we first need to be proficient in analyzing the price.
do not be hasty pace.

[samuelkanu]

Very good and educative post both for newbies and those who might not know or trade blindly.There are those who do not believe that fundamental analysis is important you can now see why you have to read the news

[anitagala124]

real good helping points added in this topic to learn from......newbies will be benifited a lot from this and not to mention even me......basic stuff to look frorward for......thanx added

[m3x_19]

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.

[ishvara]

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

Of course it is hard for we traders to follow our trading plans or rules that exists in forex trading. But we just try our best to learn it and utilize it while we are trading so that we would gain from it.

[donofforex]

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
hnn ye jo steps appp ne likhey hane ager ham en par aamal kar len to mere khiyal main ham ko kabhi bhi loss na ho par mere khiyal main to yahan 90% log jo hane woh in ka khiyal nahi rakhtey or esi waja se loss main chaley jatey hane main bhi un main se ek houn kioun k main bhi aksar khiyal nahi karta ab soch raha houn k care se trading karoun

[GaruL]

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.

if we will do our trading should provide a trading plan, due to the trading plan we will know where our goal will be whether to buy or sell, and if we do not have a trading plan trading bagaiikan no clear purpose, and ultimately make our trade destroyed .

[vikas]

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

[niteshforex]

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.

[vikas]

व्यापार इससे पहले कि यह हमेशा बेहतर है सिद्धांतों और technicals के बारे में पता है ताकि आप उचित स्थान पर स्थान ले और लाभ कर सकते हैं. लाभ जबकि यह की कुछ राशि वापस लेने के बाद कुछ राशि यौगिक इतना है कि यह आप भविष्य में और अधिक पैसे बनाने के लिए मदद मिलेगी.

[vikas]

हा फली जिंदा apne bilkul emtion साही, लालच और डर तु teeno मक्का bhohat कोई सक्रिय व्यापार nikark लिये jyada. शाम की प्रार्थना dur rakhneki koshis करनी chaiye को kyuki कोई समान bhohat jodine teeno की मैं व्यापारियों barbad कर दीया इनको नहीं रहते

[niteshforex]

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.

[lgarhboularbah]

well you give us the very good rules about the forex trading thx brother for the excelent thread i think that when all the traders folow this golden rules they never lose i wanna add that no risk and the good capitale is needed too for the success in this markets

[playfx]

that is what I feel, control your emotions when trading the most difficult, because human nature is fear and greed, all of it eventually can I avoid to be patient and always studying psychology myself, also studied the movement of the market.

i think experiences have a big role in order to tame the fear and greed. The more traders have experience, the more he can manage his emotional. cause mostly peoples who easily influence by emotions is traders who still new in this business.

[vikas]

फिर desciplined के साथ व्यापार बहुत आवश्यक है के लिए हर सफल forex.If में आप अच्छी तरह से desciplined कर रहे हैं अपने व्यापार में व्यापारी बनने के लिए तो यह संभव है लगातार लाभ कमाने

[Thakur]

i think experiences have a big role in order to tame the fear and greed. The more traders have experience, the more he can manage his emotional. cause mostly peoples who easily influence by emotions is traders who still new in this business.

You are quite right about that, but it is experience that the trader have in the right strategy. If the trader has not been able to develop himself but just constantly experience loss, then it will not help him overcome fear.

[siddesh]

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.

[amit]

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..

[Abdomhadi]

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

[siddesh]

Han news kay time main mumkan hay aap ki aik loss walee position profit main a jay aur profit walee position loss main chalee jay. Profit walee positions ko to bas close karna chahiye aur loss wale ko hedge ya stop loss reasonable level par lage dena chahiye.

[amit]

Aap kay liye behtar hay kay aap apni computer table par money management kay rules aur kuch aham rules likh kar rakh lo aur un ko trading kay doraan follow karo.

[krishan]

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.

[ken arok]

here are so many others ways of gaining or having experiences.You can learn a lesson from other people's loss,you find which mistake they do that they get loss.And you can also listen to other people's successful stories.But the interesting part of the whole story is that the loss I normally make, makes me wiser and a better trader.

[will]

Listening to the news is the most important thing in forex trading. This is because the news greatly drives the forex market to move in certain directions. Once you hear the news, then you will trade safely and avoid losses that come from the news.

It's not listening news but you must read news site. From my knowledges, we can take a look scheduled news from news site
but it's only economic which has been scheduled in news site. It is possible to take a look update news too in news site.

[nazia]

I think the main step which you should be taken before trading or after trading is your money management. If you are to be serious to control your money then you will be do trading very easily.

[joget]

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, very useful information for all traders and not only for new traders. I sometimes neglect to the above so that I suffered a loss because of it. trader should be used to implement the rules and disciplines in which he made to be able to achieve its objectives.

[chetan]

forex me ussi trader ko tradimg karni chahaiye jisme money management ki skills ho warna usse bahut loss ho sakta hai
forex me jitne zaruri technical analysis aur fundamental analysis hote hai utna hi zaruri money management hota hai kyunki bina money management ke sare analyssi bekar ho jate ai

[chetan]

This is what exactly i think, we should never be in hurry to open a trader rather should wait until the best opportunity comes. While buying people think that if they wait some more prices will be sky high and then they have to buy at higher prices but in my view, open trade only when prices are near support at least you shall have lesser chances to lose.
Also even the statements of large players can change the direction of market, like if RBI announces that they are going to sell their stake of usd, usd price for sure will come down upto an extent.

[netra]

ya trading with desciplined is very essential for every trader to become successful in forex.If you are well desciplined in your trading then it is possible to earn consistent profit

[sachin]

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

[tajdarbet]

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 shukriya jo app ne itni achi information ham se share ki hane app ne ye jo post ham se share ki hane ye sab ki sab ham newbies k liye kafi achi sbit h o gi en par aamal kar k ham apne profit ko mazeed increase kar saktey hane

[sachin]

very nice and possessive post and nice information bro.
it must help beginners becsuse basic concepts and some more deeply points are covers in this topic.
thanx for sharing it with us and specially for newbies.

[netra]

most of newbies has less knowledge so while they are trading with real account they can nt able to apply proper money management..and they not control over greed....so first steps is to make good knowledge and apply some money management . ..

[chirayu]

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..

[raka999]

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
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.

[sunil]

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.

[will]

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.

Controlling emotion is important thing in forex so you can trade well in any condition because there is good money management
to limit your losses and also you can control to trade in condition which you're sure about the possibility of profit. It will need long
time enough to build our psychology and controlling emotion well.

[marunet]

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.

yes, you are correct, we should be able to control our emotions when we do a trade and when we do an analysis, so that we can be disciplined with our money management and our strategy.

[kaji]

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.

yes, great Tf is that we use as the basis in the reading direction of the trend. because the TF is a trend that we can actually read, and if we only use a small TF then we will often get a false trend that will only deceive us....

[patil]

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.

[aryan]

correct brother when forex is so risky and need lots of education and learning and experience then its never good to enter directly real market with out proper knowledge from demo and wihtout homework. actually if we do such then it will be easy to loss but very hard to gain green pips.

[aryan]

yes i also think there is no ending of learning in forex and when the market is dynamic then anytime we can learn new new things and in forex everyone must do mistake even they experience trader but they learn from their mistake . i also passed so many days but think i learn so little thing and realize then when sometime i do mistake in real market.

[vineet]

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.

[sagar]

yes i also think there is no ending of learning in forex and when the market is dynamic then anytime we can learn new new things and in forex everyone must do mistake even they experience trader but they learn from their mistake . i also passed so many days but think i learn so little thing and realize then when sometime i do mistake in real market.

[sagar]

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.

[jai]

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.

[jmsblack18]

3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
I didn't agree about this rule. If you know the news before release it is important to get in trade a times before the market moves because the news effect. In order to do it you must open two timeframes to determines the effect and where the market will move in direction. i always use 1 and 5 minute to analysis it.

[ezincenter]

I like this article it very important for beginner traders and as well the professionals, about the trend I always follow the medium trend and that helped me many times to earn more.

[ezincenter]

You talked about almost every thing but you forget to talk about the most important part of the trading, is the money management, this is always can make you earn or lose .

[anchitkole]

Yup but developing our psychology is as important as trading on live account.Because our emotions can ruin all our analysis and bring more losses than the profits gained by our strategies

[iwan]

thank you for willing to share information about the forex business, I have long pursue this business, but sometimes it still does not find the right rhythm. often get stuck on bad trade, even losing contact with MC. I hope this information is helpful.

[jai]

most of newbies has less knowledge so while they are trading with real account they can nt able to apply proper money management..and they not control over greed....so first steps is to make good knowledge and apply some money management . ..

[rakesh]

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..

[jai]

Anger harms the most of ourself and so it is not good at least for traders. Newbies should spend time and take efforts to learn things and come out with a profitable strategy before trying with real account.

[amit]

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.

[over580]

Every trader have make analysis for getting perfect idea for piars and make trading for it, and also collect good news and make a good signal for that news, I am try to creat my own Suppor and registnace line to a piar and clearfully watch what lines are break, then I am going to trade for it. Thanks.

[manibhai2012]

Very nice article sir you have a good experience in this field please share as much as you can i think you are doing a very good job every newbie requires that kind of information and here we can get this, Please keep it up sir and trade smart and happy pips to all.

[ashvin]

follow me all processes, and be unyielding. I could not mention in detail, how to be successful because we definitely have a different path. However the first thing that you should get is a great system. because everything is sourced from the system.

[Techno]

Every trader have make analysis for getting perfect idea for piars and make trading for it, and also collect good news and make a good signal for that news, I am try to creat my own Suppor and registnace line to a piar and clearfully watch what lines are break, then I am going to trade for it. Thanks.

support and resiste indeed a psychological level of prices. when the price reaches that area, then the price could react and bounce. as a trader, we need to try and determine where support and resistance levels prior to entry. so it does not make us wrong in taking decisions that are not appropriate.

[rahul]

yes money managemnet i think is the heart of the forex trading and every trader should learn the skills of the money mangement , if you have good money mangement skills then eventually you will be ath the top of the forex and will become a good trader

[girish]

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

[gava]

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.

[girish]

I think the most important think to start the trade is the proper forex education. One who is willing to trade in forex must have proper forex knowledge. He\she should know what is forex about, how it is done, what are the aspects of trade. Only if they understand the complete forex they will be able to become successful forex trader later.

[Techno]

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.

analysis starting from a larger timeframe would give us a view to long-term price movements.
when we know the long-term movement, then we can incorporate a small timeframe to analyze the market. so get a trade with a smaller risk.

[ritesh]

It is right that forex is so risky and need lots of education and learning and experience then its never good to enter directly real market with out proper knowledge from demo and wihtout homework and i also passed so many days but think i learn so little thing and realize then when sometime i do mistake in real market.

[babu]

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.

[avi]

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.

[moti]

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 .

[sunil]

I relly like your fourth point but instead of following making of trading rules is really difficult and many of new traders fail in it because in start they did not make their protocols for trading and than if they make few they deviate from them on every trade.

[Nabi Ahmed Gill]

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

ya ap na bilkul theek bat ke newbie ko chayia k wo trading start karana sa pehala pani puri trari kar ka phar trading start karna mara matlab ha demo account ko used karana or koi ak acha ssa pair ko dalya wacth out karana or analysis bana ka kab ya zadaa or katina move karta ha us hasab sa trading karan profit he prfoit ho ga.

[kaji]

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.
it is a good step in the trade in the forex market. we must always pay attention to the large TF to ensure the trend is true or just a fake trend. thus we can trade with the trend really is true .....