Forex trading requirement must know all!!

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Originally Posted by rihan970

Oviously,i agree with the thread.if anyone wish to start trade in forex they must be know the all requirement.because without knowing requirement no one can not earn profit from forex trade.

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yes, try to knowing and also try to following it too, because just know about it only that is still do not enough for the trader without they are really understranding and also do all of the thing that the forex needed disciplinely in here

if you have to trade in the forex market then you must have to know about the fundamentals of the pair that you have to trade then it is very easy to take trade with the direction of the currency and you can make good profit from your trade so check out news before placing the trade.

this is a very important thread i think so far. but the beginners doesn't realize it first. good instruments and uninterrupted power supply are the essential for forex trading, specially the power supply. i have lost my many trades due to failure of power supply and internet speed. so getting these things better is an additional advantage for the trader. but of course a good trader must have very good knowledge, experience and prediction capability.

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Originally Posted by Victoryindia

Ever wonder why a lot of people still fail in forex though the great profit opportunities in it. This thread will do justice to this and ensure you do not fail anymore.
As much as forex is a lucrative job so also it requires some equipments tools and strategies. if you have decided to be a forex trader or still want to be one, you need a stable and good internet connection. this goes a long way in affecting your trades as if not executed on time due to poor network will result in a loss. you also need a computer with ram about 1Gb, processor speed of not less than 1.5 GH. Ensure your hard disk memory is about 35 to 40 percent free. a good and stable source of electricity for desktop computers, many developing countries are still lacking in the area of poor power supply and to be successful in forex you either get a laptop or a good power source. then comes the educative things you need to succeed in forex. search for educative articles and books that can teach you the psycho, strategies and skills of forex trading.so learning forex will be the good opportunities for u making money.

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yes i am totally agree with your statement..it is 24 hr business & you dnt know at wht time you want to trade,good computer with good speed internet is very necessary to do trade..

haan hume forex trading me ek good trader hone ke liye isme bohot hard work kerna hoga aur iske bare me hume more information get kerna hoga jisse hume ek good profit earn ho sake.

thanks for reminding or by remembering us he restriction. restriction should not be vrossed by anyone.

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Originally Posted by Gurufx

In the Forex there is no concept of good luck so we can say that if a person have a talent then if he perform work hard. In this way he must be get knowledge, experience and skills about the Forex trading. Without experience and knowledge any trader cannot get success in the Forex trading. It is the right of every trader that he must be perform work with fully confidence and with best planning which is only possible through the experience and knowledge.

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You are right dear, all that required for a trader is the skills, knowledge and techniques that can make the difference. Those who work hard have great chances of success in this business.

Nice and informative thread, my brother.
No doubt, forex is an interesting business and amazing online job. But forex requires a lot of hard work, concentration and determination. we can do trading best if we are well learned and well educated about forex because it needs continue attention of us. so we must know all the requirements to increase our trading and to become a successful.

A lot of thanks for sharing a great post about requirement for Forex trading and I sure that if any trader fulfill these requirements he will be able to enter in good trading and after getting knowledge he will be able to getting profit.

This information is needed friends, before we enter the world of trading all the preparations have been provided. a set of computer tools with advanced technology and adequate internet access. to the latest technology we can use a cell phone or notebook as a means of us to trade in forex.