there is need some thing before start the trading. first we analysis the market calculate the money management rule.
in our the analysis stop loss and take profit are very important. In the trading we must focus on the basic knowledge.
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there is need some thing before start the trading. first we analysis the market calculate the money management rule.
in our the analysis stop loss and take profit are very important. In the trading we must focus on the basic knowledge.
i think, forex is money making machine, So my opinion for newbie traders if they wants to join forex, to first prepared your mind and your check your financial position before you start trading. because, newbie traders when entered in forex Currency trading then they think about forex. but can't understand what he will do.
yes yours all points are right and i agreed. hum newbie issi waja say nuksaan kar behttay hein aur market ko reed bhi nai kartay mere khial mein first invest say phelay demo account per practice zarror karni chahiay
can have idea to stay away from the market in case of high impact news preparing to trade is one of the basic we have to go for the trading here with the experience for the demo practice to learn allQuote:
Originally Posted by jawadjutt
I can say that Before starting trading one has to be too confident about his strategy. And he should confirm that the trading of others does not impacted in his trading styles. If he adopt a strategy then he should stick to it and make the best used of its !!!
bhai mere forex trading ka se k bar main knowledge
As we already know who's dominating today's prices, now we will prepare its strategy for entry .. how its entry strategy .Here strategy we can use tools like (support & resistance levels), measuring the upper limit and lower limit of the price, so we can know who's who dominate the current price,thanks
Certainly that these are necessary things your given, Practices to makes perfected when a traders add these things with their practices then within a few month they can get a great profite from this markets, because i am using these things in my trading !!
before the start of trading forex, we should have sufficient capital, and has a trading strategy that we use, never trade without a good knowledge and experience, so that we are always wrong in determining the position, if we do not, we can ask a friend
You are right to say when we are decided to start trade this time we are think so many because before open trade we calculate market movement,risk management,money management,profit take and stop loss all calculation.