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Learn the theory first, read all basic things about forex. You can use this forum for your learning too. You can read post and thread about all things that you don't know yet. And you can make a thread, ask anything that you don't know yet. Next step is practice what you learn in demo account before you trade in live account.
yes good information and we have to learn it much and then try for trade and it is very good for us to learn first and then try for trade and trader must have to do that for earning in forex.
Loss is certain in trading, so never feel worry and regret when you got loss. While a mistake, false analysis, that's all normal. but, with all of these mistakes/false, we must use it to evaluate our trading quality.Quote:
Originally Posted by Ramlan Fs
before starting trading in forex market we have to earn some basic knowledge from demo trading. And to get benefit out of forex you need to enter in the market and with feeling greed your decision will always go wrong which ultimately result in losses.
dear s,The best way of before forex trading you should learn firstly baby pips and should use to demo account . its very knowledgeable things for traders and new traders it will be very beneficial..it gives several important things such as lot sizes,different spreads currency pairs,take profit,stop loss,pending order,margin call.
hello dear, before we entered the forex market is should we take into account everything we do, from start counting capital will be at risk later on how to take advantage. then again look at the state of the market and wait for the right opportunity for us to begin to enter.
Friends it's neccessry to knowing about something important before start trading
1. active mind
2. quick dicisions
3. great stratgy etc
It is very important that a trader should follow a few rules. Spatially new business can be some good rules to follow. I think you should know that business people how to use leverage properly. A very important part of business strategy. Pilgrim trade should be started with a good strategy....
Before starting a tread we should think about some key issues very cautiously such as we have to think about both money management and risk management if we do not think about both of this issues we will be a loser at the end of trading if the trade wrongly placed in the meta trader.
my aim is to become
a big trader
a big profiteer
a xpert teacher of forex
learn this
enjoy the forex