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i am fully satisfied to you way to trading Forex because there are many people at this Forum talking about the Forex trading but even they don't know how to put the trade well in the Forex even they don't know about the pips and market situation by applying what u saying a man can completely learn about the forex
The forex market can be very profitable,and very risky.at forex market need at first proper knowledge about forex market.the basis of forex traders,must learn,experience,experiment,about the forex,then you will take a trading account from forex.
trade is always the best way to learn properly and influencing techniques to trade system.For this reason we have to discipline. more thought if the trader trades in a lot of capital and use it properly to be precise trading system
if you gather huge amount of experience and do many practice it is all in all////it is very important to you. you can not master by barely studying theories rather those do practice and try their own strategies often are able to improve their skills and ultimately start making profit....
many forums to learn forex. a great way to learn the trade because practice makes a man perfect every time you do you get a forex trading parctice experiances more about forex and you will understand the ratio of costs and benefits are excellent.
what your words mean master, I the beginner in the field of forex do not understand the purpose of the article you sampaukan it ...
Can you please tell me yeng more details?? ..
even at sites that have been and write before I can not find anything that can be made of materials for the pelajasi ..
hanmya like this you just want to create chaos in this forum,
Yes i think at first you study about forex than you go for forex trade.if you not learn about forex you can not gain.because you more learn you know more and also profit more.
trading Forex makes good experience for you but you must learn the basics at least, then learn a good strategy and by your experience you add many improvements for it to make it stronger, experience with learning is the best way for being successful
In my opinion, a trader should be able to rely on him and stand on their own abilities even though in the beginning we ask or use the predictions of others, but we are still obliged to try and learn so that we can forward to do it yourself than it is trading in his own abilities that profit will feel happier and more satisfied
Experience is the main fact that will help you to be a successful trader . The best way to learn forex is to trade forex and you can do it in a demo account . Practicing in demo account will give you enough experience which is a way to be a successful trader .
you can apply many way to learn but better is can your own practice for demo account. yes i think demo account trading is best for learn and get little bit experience too. you can improve yourself and solved your many problems too.
maybe yes , practise is good but without learning books we can lose all the time , so i think we must have the both side learning and practise , it's the good way to make money .
well friend, nice post.Quote:
Originally Posted by lorelaine
i think there are many way to learn forex. we can learn it by forex trading related book, various kind of forex related web side. also we can get help by brokerage house web site. also can get training.
It applies to anything and everything... whatever we want to learn the best way can be doing it, when we practically involved in something we live with that, same is about forex trading doing it live we shall get best exposure and knowledge.
i think it's right article because everything in our life we learn it by experience but we start trading in demo account first until we have this experience then we start trading in real account
For me, all the traders was initially so lazy when analyzed over time, but does every trader has different characteristics. there is a long analysis, but some are not take a long time to analyze and all it takes time to learn
The best way to trade are follow the trend,follow the break out strategy,follow the news,follow the candlestick pattern,follow the work hard,consistent,discipline,all these are the best way to trade.
just follow the demo start trading in market from 10:30 AM IST To 10:30 PM IST.And high volatile time is 4:30 PM IST to 7:30 PM IST.Please don't open trade between 4:30 PM IST to 7:30 PM IST because you will caught by volatile,then you will feel panic.Just open trade between 2:30 PM IST to 3:30 PM IST and its best time for analysis also.
according to the information that I got from a senior trader who has been successful in the way that best forex trading belajr ie,,,,,, we should be able to read the movement of the price .... it's the best way .... but that so our problem is that we never know where the movement of nutrients that will move ..... this is where we need to learn to analyze price movements ..... and it was the most difficult ... the right to analyze price movements ....
What a good thread. Thank you for your article you give. wise traders will do demo trading first for learn because it is the best way for practice and then they will apply in real account. it is very interesting.
Yes the best way to learn Forex is to trade with Forex but if you don't know about Forex than how you will trade in Forex. That's why you have to learn by practicing with a demo account.
but you can not start with learning by trading on Forex
How will you earn without knowing about it, so know you are making Forex like gambling game but even gambling have some rules and you need to know before you gamble
you are so wrong and you need to take your time learning and practicing before your start Forex trading
In forex its all about experience and that comes with learning and practicing,you need to look at the risk first and thats why newbies are advised to first work with small investment,when traders have good experience then they can invest more to earn a good profitQuote:
Originally Posted by MichealFlether214
Best way to learn forex is not to trade forex directly but to trade in demo account is the best way to learn forex, if you will go directly to live account you will not get anything except losses, depressions and tension.
so many people will advice you that you open demo account in that you try to analysis about news and try to read graph ,but the best way to learn Forex is the trading live account as the emotions will be real and fear will teach you every thing about Forex.
Ha ha ha haQuote:
Originally Posted by zoomfire
This is like 'you have to eat to live'. Where everyone know this truth that there is no way to be a successful trader without trading.
you are right. you can get some good knowledge form the mentor but you think you should remember that mentor should be successful and you should have strong strategy to derive the consistent profit monthly. Forex is the best way to learn to trader,
Learning ka best way hay forums par time guzarana aur doosroon kay experiments say faida lena, main nain apny forex career main sab say ziada learning forums say ki hay aur dosroon ko bhi yahee salah deta hoon.
this is the best way to trading in forex. In my opinion. to exercise improves the quality of trading, better practice on a demo account first, assume it own capital, or if you want to do in a live account is not a problem but using a small quantity or use the cents account . every person can trading in forex by using the real account
the only way to learn forex is by practicing it .. ofcourse it needs lots of practice .. witout practicing forex its of no use ...
one of the best way to practice forex is by opening up a demo account ... this helps people to learn trading by trading ...
they see the real market .. but they invest the virtual cash .. so they dont lose any money from their poket for .learning ...
so practice in demo ..and learn forex ..
Many one thinks that we are to learn Forex by only reading books, internet articles and newspaper. These are true but to learn trading Forex really we must have to trade with Forex. To learn this there is no substitute for trading practice.
The best way to lean forex trading is to start learning the basics rules of the forex, the operations, the platforms, the news effect and all the nessecary things about this market, after that use a demo acount before start the real one .
I think it is important to learn by demo . but it is also good to have a person who will guide you on the basic of using the trading account . Cause it is some times confusing to learn how to start a trade . but if you get the very basic , then you can do other things by yourself .....
You are right. And I agree with the saying that. However, the extent to which we understand it? Taking the wisdom of an experience it was indeed very good. But it will be less likely that we experience when we can take a lesson from the experience of others in this trade, both successful and failed.Quote:
Originally Posted by lorelaine
I agree it is very important demo account for our learning. because the demo account that will make us more mengenan forex trading conditions very well. so the longer we learn in the demo account, it would make us better understand the forex trading properly. and when we have to understand the forex trading, it will make us more easy to profit in trading on real account.Quote:
Originally Posted by preeti
i am new in this field and i am on learning process. i saw many peoples doing forex trading and earn profit from trading. i am doing trading last four months and i am very satisfied from trading because this gives me opportunity to earn good profit.Quote:
Originally Posted by lorelaine
so we need to learning at the demo first, i have also learning on the demo account too at the beginning, but now i have also got a lot of the knowledge so i think that maybe i need to enter to the real now because the real is to earn the moneyQuote:
Originally Posted by hend
I have read in 1 article that, "The best way to learn to trade Forex is to trade Forex." That is so interesting like putting the hypothetical theory into practical exercise,Experience and Pratice are best teacher, and so i give highest importance to it...
Learning is better before trading in Forex. Before learning you can not know about important parameters and trading terms. Learning help in making strategies and analysis which is very good for trading in Forex. To make Forex less risky one must have enough knowledge and experience.
1. Trading Capital
Forex traders do not need to have a lot of capital to trade due to being able to trade on margin. The average forex broker requires at least $300 to open an account and start trading. A good rule of thumb is to have at least $1000 to open a mini account, preferably $2000. This number might sound a little high for beginners, but this will allow you to trade with a bit of a buffer in case of losses. 2. Open a Demo Account
A forex trading demo account is an a trading account with monopoly money in it that is connected to the live market. Trades can be placed in real time and represent what would be true losses and gains if the money were real. Before you put 1 penny on the line with trading, you'll need some practice. A demo account will give you the ability to practice trading without the pressure.
3. Forex Training or Practice
Aside from practicing, you may want to seek some trading advice from a forex trainer or forex books. As a trader you will need to develop your own style and trading ideas, but in the beginning, it can be helpful to have some professional direction and recommendations. Forex is very daunting in the early days and some guidance can really help.
4. Become Profitable
Before you actually commit to live trading and money on the line, you should be able to profitably trade on your demo account or with paper trading. Your track record should be more than a few weeks, at least 3 months, preferably 6 months. It will be difficult to refrain from trading after you make those first few profitable trades, but experience really counts in forex trading. It's something that you cannot work around, you have to get it the old fashioned way, hard work.
5. Go Live
After practicing for several months, doing a little training, and getting some forex education and becoming consistently profitable, it's time to start making live trades. You may find that it's a little different to have actual money on the line, but if you stick to the same practices you used to be profitable while trading the demo account, you will be successful.