Before you start trading.

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Originally Posted by jatayufx

need analysis calculations run business trading in accordance risks must be clear and the calculation of loss in transactions using natural analysis set appropriate capital to run the business and capital and trading plan with best plan

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I find some people only trade one hour per day and they can earn good profit too. Maybe you need to find new strategy that don't need much time to it. it is better to do so. learning to trade first before we do real trading is good. so we can get the feeling of how we trading. it can make us more confident and comfort.

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Originally Posted by alamayreh

dear members before start trading in forex u must take the points bellow on ur calcuation

1> how to use leverage
2> what strategy he will be using to open trade.
3> what strategy he will be using to to take profit and stoploss.
4> How much he want to invest in single trade
5> Last but not least What kind of strategy he will be using for money management

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hi everybody,
yes my friend it is very util what you just posted, it must also take care to manage its capital not to arrive at the total loss.
good luck.

before the start of trading we have to prepare a variety of purposes, a computer and a good internet connection, then we prepare a trading strategy that we use, and the proper time frame, it is better to start on a demo account to test the quality of their trading strategy that we will use

I think before the start of trading is preparing to lose money, so we can mentally prepare us if we lost money in forex trading, if we profit then we can also secured for withdraw, before the technical and fundamental traders should be mentally prepared if the loss in trade

This should be the child's understanding of the best way to deal with all the points before the currency should be used to display the trial. New investors, investors factoring wonderful, experience is very valuable.

patience is beginning to be disciplined trading rule. and discipline is the key to successful trading. new traders should learn the theory first, can learn on this forum and download the ebook, then had to be a lot of practice in demo account, when it can be successful in a demo account. can start trading on real account.

To make sure your small business is profitable, and does not fail within months of its launch, it is vital you prepare before starting to trade. Even if you are "raring to go" take time to plan ahead your new business venture goes live. You would not start a long journey to a place you had never been to before without checking the route and being confident your automobile was roadworthy. In the same way, it is unwise to start a business without proper planning and being sure of the business vehicle you will be using.

I believe before putting our money on trading, we better use demo accounts first to learn the basic.
After that do not deposit yet, you can join demo trading contest, it will become much more emotional than regular demo account because we can make money on it.
If you are ready to trade using real money, make sure start with small lot 0.01 standard lot or 0.1 Insta lot.
Small lot will help to preserve your equity, so you can still learn a lot before run out of money

All the newbie traders when entered in the world of Forex Currency trading, then they think about, forex is money making machine, So my suggestion for all the newbie traders if they wants to join forex, to first prepared your mind and your check your financial position before you start trading.

yes i agree with you and also i will also like to advise newbies that before they can start trading we need to tell the numbers of pips to be risk and the numbers of pips to win in other to be at the winning side of the trading