I think prior to trading u ought to view the actual market properly with regard to a minimum of 1 to two several hrs after that open trade, do not enter on market while not viewing market trend and the psycho ought to view pair stress of buy and sell and when opening established take profit and stop loss on u every and each trade...
Until the trade is usually much better to understand about the actual policies and technicals so u can position ourselves on the actual right place and build a profit. When making a profit attracted a few temporary total substance amount of money so this will assist u to build a lot of money on the actual future.
Mybe we ought to look into the market the actual daily trends and ought to notice exactly in which is that the markets and What‘s performing from the markets so if we discover which markets is actually currently heading to breaking away after that we ought to handled the actual well trades for additional much better tradings very !
yes brother, absolutely to me, I personally do consider that newbies should have the basic knowledge about Forex trading before they join Forex. First of all we have to learn well about Forex trading and then after that we can say that we have chances of doing good in Forex trading. Then they can be able to start real trading on the real account.
Hello I think the foremost important is actually prior to we getting any kind of trades has a trading plan, this particular trading plan contains what strategy we will make use of, exactly just precisely the way many pips we needed to earn, and exactly just precisely the way many money we pay for to lose.
thank u for the post as it will help the new bies a lot in the forex trading and help them to do not repeat these mistakes and also help them to learn about forex trading....it is great helpful guide fpr new traders...
i think you must have a very good and sincere friend who should guide you at every step of the trading process and in this way you will be able to trade properly and earn profit in the form of money watch the market carefully and make a proper entry into the market so that it should result in profit and it is your right to have profit because you are working for it and giving time to it.
After trading you must have to analyse the mistakes tha you have made while trading in the forex market so that you have to avoid that mistakes while you trade in the future. so try to improve your trading style so you can make huge profit.
Its our prime responsibility that we note down every mistake and work on them so that we avoid them in future and we face difficulities finding them out but this is the best way we can learn and earn and always improve our confidence when we know what we are doing.Quote:
Originally Posted by Franco_FX
thread is a good knowledge for newbies.actually even this thread is important fir me also. the news is a big factor for pair. the new is very effective for forex news.very true what you say when we make a mistake we should be to correct those mistakes we know its hard to stick to even what we decided to do, forget about others. this is a sign of inexperience and we have to overcome it quickly if we want to progress ahead.