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Before start trading in the real account I first practice on the demo account. Also try to improve the education skill and I will try to get the experience from the Demo account. When I feel I am able to trade then invest the amount in the real account.
I think this is nothing new. The factor is about the expertise investor. But, my own, before dealing was identified, the focus on benefit as much as possible. The drawback for me was a headache. Each will business, I am always positive. I am identified to get a benefit and benefit. Do not business in the currency dealing, if you just think "bogey" failures.
tips before trading forex.
1. recognize that investing in forex is risky.
2. prepare mentally and psychology, before trading.
3. set profit targets.
4. find your trading style.
5. should try to trading on a demo account first.
and make sure you have useful information.
i think that Before starting trading well preparation is necessary. Preparation for forex trading means gathering knowledge on trading, suggestions from good traders obey to discipline and formula etc. Specially emotion must be controlled.
before start the trading man can get the training about the forex and then invest the money in the forex trading.
in this way he can earn the huge money from the forex and become rich in a few month.
before start trading in forex u must take the points bellow on ur calculation , Because on a number one option i can trade accurately so i think trade at this juncture patiently to earn profit is very important to learn Forex properly before you plan to enter into trading.Quote:
Originally Posted by yogeshjpr
Before start trading you should follow some rules and regulations and at the first time you need to learn many thing and gather enough knowledge about your business and be prepare for your business. then you want to earn money.
The first point Forex Trading child is the best way to learn and use a demo account. And his new business and be very useful for a very intelligent thing to do.
Before start real trading ,practice with demo account at least two month.Expert yourself in money management and find out new strategies for trading.Always keep patience and never greed.
i think you are right that one must start trading via a lot of knowledge of Forex.I am also agree with you that low leverage as well good money management can escape oneself from the margin call as well good lose in Forex.