Totally agree with that, for any forex trader to succeed in forex trading they have to acquire the knowledge first of all through learning through the various means, put the knowledge into practice with the demo account and with time you get experience in it and the more you do it everyday you get to perfect your trading skill.
yes sir i agree with you that these things are very helpful for the person is liye me b is kam ko karne ko kehta ho logo ko ta k wo is business se zada se zada profit ko gain kar sake or ache se rahe lekin ha is kam ko karne k liye koi robot ka use na kare...
bilkul sahi kaha knowledge experience key hai success ki is se
hamen bohat achi earning kamany me aasani hoti hai or hum kaamyaab rehty hain trading me .....
in every kind of business these things are needed if we are experienced and also have skills so we can easily get success in this business and can be a god trader easily so we should work hard to achieve our target
Very true skills, experience and knowledge is main things for success without these there is no words, so important thing to do work hard with all mentioned so if any one do work hard diffinatly he or she will get success. so most important factor is hard working.
Most successful traders will develop a strategy and perfect it over a specific period of
time. Some people will focus on one particular study or calculation, while still some
others use broad spectrum analysis as a means of determining their trades. Most
experts would likely suggest that you try using a combination of both fundamental
and technical analysis, with which you can make long-term projections and also
determine entry and exit points. Of course, in the end, it is the individual trader
who has to decide what works best for him.
When you are ready to get started in the FOREX market, you should open a demo
account and paper trade so that you can practice until you can make a consistent
profit. Many people who fail have a tendency to jump into the FOREX market and
quickly lose a lot of money because of a lack of experience. It is important to take
your time and learn to trade properly before you start committing capital.
You also need to be able to trade without emotion. You can’t keep track of all stoploss
points if you don't have the ability to execute them on time. You must always set
your stop-loss and take-profit points to execute automatically, and don't change them
unless you absolutely have to. Make your decisions and stick to them. Otherwise you
will drive yourself (and your brokers) crazy.
You should also realize that you need to follow the trends. If you go against the
trend, you are just messing with your money because the FOREX market tends to
trend more often than anything else and you will have a higher chance of success in
trading with the trend.
The FOREX market is the largest market in the world, and every day people are
becoming increasingly interested in it. But before you begin trading, make sure your
broker meets certain criteria, and take the time to find a trading strategy that works for you.
Forex mai hamain koi khas elam ki zrurt to ni hai mgr han jitna b elam ho ga jitna tajrba b ho ga acha hai loss ni ho ga aur achi earning bna skain gy q ky elam ho ga to sb smj skhain gy aur profit zyada ho ga so.
Hi friend, In my view i think forex is best to make money. be skilled and obviously be experienced because all the above is the key to succesuccess in fore trading, along with you should have patience, not be emotional and always be practical.Good luck to you.
g ha forex man knwoeldge,skills,aur expert person kabi b loss nai karty knowledge hoga to ap trde daily achi kro ge aur apko market ka forcast ka b idea hoga aur ap apni strategy b bna sakty ho forex trading so ye sub bhot important hy forex trading man.
yes dear friend i also think is that for forex trading you have much need to do practice on demo account and also need to do get knowledge from other resources so be careful for future