Forex trading requirement must know all!!

Forex trading requirement must internet modem connection but the no risk for trading business all the real trading you must need a good brokers for Forex market business.

It is undoubtably true that simlpy this is the basic noesis for all newbies. all the radical things you necessary to move trading . before participate in genuine trading you moldiness necessary a safe broker, a ripe noesis nearly money direction, experience and well remember. if you start with all this you give got the success.

I believe that its the problem faced by all when shifting from demo accounts to real accounts. They find it hard to cope with the emotions while trading with real accounts which is almost absent in demo. so i would always insist to learn with a small real account in order to stop wasting times really !!

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Originally Posted by Victoryindia

Ever wonder why a lot of people still fail in forex though the great profit opportunities in it. This thread will do justice to this and ensure you do not fail anymore.
As much as forex is a lucrative job so also it requires some equipments tools and strategies. if you have decided to be a forex trader or still want to be one, you need a stable and good internet connection. this goes a long way in affecting your trades as if not executed on time due to poor network will result in a loss. you also need a computer with ram about 1Gb, processor speed of not less than 1.5 GH. Ensure your hard disk memory is about 35 to 40 percent free. a good and stable source of electricity for desktop computers, many developing countries are still lacking in the area of poor power supply and to be successful in forex you either get a laptop or a good power source. then comes the educative things you need to succeed in forex. search for educative articles and books that can teach you the psycho, strategies and skills of forex trading.so learning forex will be the good opportunities for u making money.

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yo are right brother. forex trading know me every thing. when i start my training for forex trading on that time forex helps me for my successful business.

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Originally Posted by swapan

The main problem of the most of the people of the forex is lack of knowledge about the system. Most of the trader are not well trained or they are just trained for the opening and closing order. So, they become looser.

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With all of respect, I should say that I dont fully agree with that. Actually, based on my own case and experiences, all failure is not about method, strategy or system. After much times we spend for learning and practicing, we will know that its all about emotion and money management. So, knowledge is kind of basic things, even about the system. For advance, we need more hard problem to be conquered -> emotion and our own personality.

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Originally Posted by koushik

Forex is an impressive publication of earning money but it tell lots of granite like energy and substance.. If any one wants to follow in this market, he should fulfill all the first penury required by this industry otherwise he testament ends up in loosing all his money..

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Yes , in forex i think risk that if you invest the amount then you make profit as well as you may bear the loss. So did not emotionally invest the amount. these are the some factors that must follow in the Forex trading.

It is a very good work by the thread starter. This is piece of information that every newbies should know about Forex trade. It will help newbies to develop positive aspects towards Forex and boost up the skills and experience.

I think before working or trading a trader should take the proper learn.learning is the best key to success.knowledge is the power.so a trader should take the fundamental and technical basis.from he can know the how to avoid the emotion and many other important things.

knowledge is very much essential for every trader. when a trader keep extra knowledge for his business then he can doing a good job. so i think we should keep knowledge form every where.

we have to be well versed with the requirement that the forex trades that we make in the forex are to be very clear about them we have to read the articles that are there in the different sites