Forex trading requirement must know all!!

In the forex trading system you have know all the requirement about the forex. it is the first stage in forex. so you have need full fill all the requirement in the forex trading market.

yes a good PC with high speed professor with no infected of virus and few GB of RAM with high speed connection of internet is mandatory in my view ..we can face many problem like lagging of terminal and execution problem

Forex is an amazing source of earning money but it require lots of hard work and dedication. If any one wants to enter in this market, he should fulfill all the basic need required by this market otherwise he will ends up. Before enter in real trading you must need a good broker, a good knowledge about money management, time and well mind. A good internet connection can make trading a heaven or hell. Bye.

Yup i think good and stable internet connection is needed to play forex..
Because sometimes in terrible situation we need to execute fastly,and if we got internet proble, then it will be a big problemm..

Quote:

---

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.

---

this is a great thread. simply this is the basic knowledge for all newbies. all the basic things you need to start trading . before enter in real trading you must need a good broker, a good knowledge about money management, time and well mind. if you enter with all this you will got the success.

some requirement needed but without knowledge it is not possible to shine.yes we can make win but not sure how many times.because its risky business and we need much knowledge to do that.

Quote:

---

Originally Posted by place

some requirement needed but without knowledge it is not possible to shine.yes we can make win but not sure how many times.because its risky business and we need much knowledge to do that.

---

I think not only new trader, emotion also very bad for all trader also. Day by day when trader achieve experience then they can control emotion.This is very risky business so we will face big unsure in situations,

Kabhi bhi kisi bhi strategy ko real account may nae test kerna cheay. demo is there for you to test any indicator or strategy. The best way to trade is try to avoid greed and trade without emotions

Kabhi bhi kisi bhi strategy ko real account may nae test kerna cheay. demo is there for you to test any indicator or strategy. The best way to trade is try to avoid greed and trade without emotions

Quote:

---

Originally Posted by saukatbd

For forex trading you must have knowledge, need practice with demo account. for making money with forex market you need much more study about forex market.
because forex market is so risky market.

---

That is all not minimum requirement for trader. That can achieve by anyone and very basic thing about trading. For serious trader i think the basic minimum requirement for them must have is only two, the money management learning and most important good strategy for trading. Only this two which will lead us to becoming the great trader in the end of day and resulting us many of profit.