All what you wrote is true , but the beginner must not know only the basics of trading, he should learn all the aspects of trading forex so he can discover his style of trading and know exactly what should be done.
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All what you wrote is true , but the beginner must not know only the basics of trading, he should learn all the aspects of trading forex so he can discover his style of trading and know exactly what should be done.
Prepare capital that can withstand the margin, especially if there is floating. Or when we used to use SL in every trade, we should have expected resilience of our capital despite frequent contact with SL. Adequate funding and appropriate strategies, must be prepared prior to trading.
I think your right newbie should learn first about forex. Then learn risk management system and practice with demo account. Practice makes a man perfect.
It is very important that a trader should follow some good rules. Spatially new trader need some good rules to follow. I think you are right most of trader should know how to use leverage properly. Strategy is very important part of trading. Newbie should start trade with a good strategy.
This point is very important and will affect the color of our trading ... because the use of leverage and strategy is very basic ..... these two points:
1> how to use leverage
2> what strategy he will be using to open trade.
thank you
yes, the capital is one important factor that affects our success in forex trading, because although we are a trader who is an expert, but if we do not have enough capital then we'll get in trouble in the trade....Quote:
Originally Posted by Mark
aapne sahi kaha hai bhai ye kaam sach mein himmat walo ka aur talent wale ka hai is kaam ko har koi nahi kar sakta hai agar jo forex se achcha paisa kamane ki thaam le uske liye ye kaam jayda mushkil nahi hai
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.
Before starting trading one has to be very confident about his strategy. And he should confirm that the trading of other does not impact in his trading style. If he adopt a strategy then he should stick to it and make the best use of it.
pray to the god
prepare ourselves to face many condition with some strategies and knowledge
always think positive that we can get the success in this business
discipline,patience and be careful is a must