Forex trading requirement must know all!!

Yes it is absolutely right Trader should have excellent knowledge to keep below reasonable length of time exclusively within this field. Forex trading is often a big system and intensely high-risk as well. without encounters you can't profit on a regular basis. well, i think knowledge as well as experience would be the ought to be 1st essential requirement to all trader in Forex.

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Originally Posted by naijafxpips

I don't think we need to know all about forex trading before we can trade perfectly. We just need the general knowledge and then have our own specialisation.

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basic knowledge par sirf hum depend nahi rah sakte hai, hume real trading se pahle kafi kuch janne ki jarurat hoti hai, fundamental ya fir agar technical ki bhi thodi si achchi knowledge hai, to bhi aap is field mein apne gujare layak paisa kama sakte hai.:yahoo:

yes forex trading requirements must know all is right because in this way a trader can do his best and can earn more and more profit first a trader should know about the rules of this forum and then he should invest his money to earn profits

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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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So far, I use a laptop for trading, and only 1GB of RAM my computer, but my trade going well. I think all it does not influence the origin of the tools we use are suport with Forex. I also make use of a cell phone PDA for trading, and hasiknya also very good.

I know that we need to use demo account for trading in forex.we also need to learn www.********.com for learning strategies of trade.we can be a good trader if we use indicators and trade patiently in forex.

Quote:

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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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in my view, to carry out trading, a person must have sound knowledge and not too emotional. therefore, I see this as something important and should be a concern. I also considers it to be accompanied by a strong mental strength.

yes basic requirement inforex is a must for one to be successful. besides knowledge requirement, hardware requirement is also essential, it is a tool for the job to be done, very useful in achieving your goal in forex

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Originally Posted by want2brich

I agree with you. We need to know many things to success in forex. Economic, politic knowledge, predict skill, money management, risk management, intelligent....Computer, internet skill... Everything.

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I agree with you there is so much to us and can start trading for profit but I think the first thing to be able to survive in the forex market is the experience and good skills

all the traders should know that forex is a very good way for them that they can earn.so they must use indicators demo account and robots in trade to make profit.They must need to learn trade from www.********.com.

I think for a trader who is serious about his career as a trader, then they should understand and know how to manage finances well and one of them with money management that I think is very important