well said my brother, the forex market is our source of earning a good profit, you can win are very high, but you have to work very hard, and you must make a good money management, for what in market forest everything is possible.
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well said my brother, the forex market is our source of earning a good profit, you can win are very high, but you have to work very hard, and you must make a good money management, for what in market forest everything is possible.
If you want to be a Forex trader need some requirement must know. you should practice first for experiences and knowledge. analyses and follow the news. wait for indicator or a good signal and then trade. you should have a business plan.
main abhi new hn forex main main yeh chahta hn k aik aisi form ho jis main sab kuch detail main disscus hota ho. aisi disscussion say traders ko bohat faida hasil hoga or i think forex disscussion sab k liyeh bohat zaroori b hai.
Yes the possession of a good money management policy is one of the top priorities of a forex trader who is still new, they should learn how to use this to their advantage in forex currency trading business.Quote:
Originally Posted by ritesh
yes I agree with you brother, but to avoid losing floating, huge its best to SL that can not always make us depressed after so may time I encountered such a thing as, but now even to sl and tp and just waiting for my analysis of his hit tp sl ow.
If you want to be successful in forex market, make sure that you learn and practice properly then trading with discipline. Through a proper study and practice you can gain experience which will lead you to some regular profits.
in my view, no need requirement. because students, workers, business man, every kind of man can do forex without any requirement. but before start trading, traders should learn everything about forex.
Not need to know everything at once. I was when I started trading Forex. The first thing I knew is leverage and how to register it. Balance and what is negotiable. But with the passage of time, I knew many things about Forex. And I was able to make a great deals and great benefits out. Now know everything about forex trading requires an intellectual effort. Depends on the daily reading in the interpretation of terms in it. And then move on to the technical analysis and selection of appropriate index.
I think Forex trading requirement is just learn before trade. not any other. you must know rules and system. you should be practice demo account before you trade real account trade.
sabhi naya trader ko jan lena chahiye ke demo se hi trading ki suruwat hoti hay.Agar aap demo thik tara se kar sake toh aap profit zarur mile ga.Ye sabh requirement se aap thik tarah se trade sakenge.
Bilkul theek kaha ap ny, hr business ki trah forex trading main b success hasil krny k lye apko phly kafi knowledge aur experience ki zarorat hy, without knowledge nad experience ap kuch nahi earn kr sakty bl k ulta loss he ho ga.
Trade with ease and it's something that I am always trying to do every trading day. But in forex not all things are easy that is why we need to be in constant tweaking with out strategy and our trading plan to ensure daily profits
i have a bad fate when i using a low internet connection. at the time i has trading and my position is affected by high news and i get floating minus to much. on the way i try to close the postion by manual because im forget to set my stoploss. the metatrader only show requote, requote and requote.. im so tired for it.
even is very good when we are cant monitoring our trades.
with stop loss adn take profit, we can leave the chart and still wait for the result. and certainly we are hoping the position will touch the Take profit, but if touch the stop loss is no problem because we able to accept the risk
What a fantastic tips, thank you very much for this wonderful information, and as you said, should be a high-speed Internet, until the execution of the request quickly, especially for those who perform ScalpingQuote:
Originally Posted by Victoryindia
dunya kay her kaam ki koi na koi requirement hoti hay, jo kaam ziada mushkil hota hay oss ki itni hi ziada requirement hoti hay. or phir jab banda achi tarah mehnat ker kay oss per kaam kerta hay to phir oss ko oss ka reward bhi acha hi milta hay.
Kabhi bhi kisi bhi strategy ko real account may nae test kerna cheay. demo is there for you to test any indicator or strategy. The best way to trade is try to avoid greed and trade without emotions.
Discipline kay sath sath patience ki bhi bohot bohot ziada zarorat hoti hay. aksaar newbies agar koi trade open kertay hain to phir wo osay jaldi hi close ker daytay hain, jab kay patience say kaam layna cheay hota hay or TP ya SL may say kisi aik kay hit honay tak wait karain.
I dont think ki har trader ye sab requirement poori karta hai..
lekin jab time ke sath experiance badta jata hai tab usse realsie hota hai ki ye sab baatein kitna matter karti hai forex trading me
well said my brother, the forex market is our source of earning a good profit, you can win are very high, but you have to work very hard, and you must make a good money management, for what in market forest everything is possible.
low internet conectiopn is not good for forex market trading, it is worst for dealing desk broker a lot of requote and loss lore pip on entry and exit point you better chose fast internet.
we have to know that this market is volatile and the balance is volatile too, we have to know that the reason of profit is the same of the lose, we have to know that the management is strongest than strategies.
Bilkul theek kaha ap ny, hr business ki trah forex trading main b success hasil krny k lye apko phly kafi knowledge aur experience ki zarorat hy, without knowledge nad experience ap kuch nahi earn kr sakty bl k ulta loss he ho ga.
yes a nice computer is a must.but l think it is only a small detail for traders.you may have the best computer in the world but it will not help you to make money.l think all is about a good strategy.if you have a working strategy then just forget the rest and focus on it and develop it to better.dont jump from one system to other one.relax and be patient and always follow your rules
Forex is an amazing source of earning money but it require lots of hard work and dedication..
If any one wants to enter in this market, he should fulfill all the basic need required by this market otherwise he will ends up in loosing all his money..
there are lot of people who doesn't know about the requirements of trading, and it is not good for them as well as for there future because if anyone doesn't know something about the trading then how he/she can do that, so it requires a lot knowledge. and i think that not so many people know about it.
Your PC should be good and should support trading software with good amount of RAM and a good processor and should be a updated computer and of course you require a secure internet connection as well to do trading and executes faster and Instant trades.
A good trader should know about all the tools of money management and how he can apply them to his trades and a trader who uses these tools wisely can make better and more profitable trades in this market.
a speedy internet and computer is must for a trader .if the internet speed will up and down then u may faced the problem with server connection and placing order or closing order will time out which can be reason of ur loss also.there we need a dedication that can change our life .Quote:
Originally Posted by bhai
generaly what forex trader need in forex markets is the right expectation if the trader predict the right direction of the deal will gain more money but cause of we can not get the right expectations we have to manage our capital.
the experience is required to be successfull trader in forex market because experience mean that you have used all the strategies and all the money management with alo of plans experience make you konw the reasong of the loss and the reason of the profit.
well i dont think so that we need to have even 1gb ram also.insta trader is a very small app and it doesnt require very high requirements.a normal computer with good configuration and net speed of 512kbps is enough to do a pleasant forex trading.
afore access in absolute trading you have to charge a acceptable broker, a acceptable ability about money management, time and able-bodied mind. if you access with all this you will got the success.
I agree with you. Forex does not require a lot of requirements such as employment and other business. is most needed is experience. with much experience, I believe, we will be successful in forex businessQuote:
Originally Posted by moti
Forex trading aisa business hai jisme humein patience se aur samajdari kaam lena padta hai...forex mein trader ko money management sahi timeline mein hone se success milti hai but patience aur emotions controll mein naa hone ki wajah se humein bhaari nuksaan uthana pad sakta hai...
bilkuyl sahi kaha apne ek patience aur dusra emtotions 995 log aise hai jinme yahi dono chez hai jo unko hamesha loss kara deti hai ise hi control karna seekhna hai hame...aur uske baad analysis karnaQuote:
Originally Posted by sachin
yes, we should be able to know the requirements and rules in forex trading. all must be carried out in a great way to survive and make profits in forex trading. I think the important thing is we can discipline the trade.
yes i totally agree with this thread. Internet connection and hassle free power supply is an important things for Forex Trading. But in developing country like me hassle free power supply is a big question marks? But i used Laptop for my trading and also high speed internet connection.
Thank you for giving your valuable information.I want to add something.Now a days forex business is more famous to all people in the world.And many people do this as full time job.For better trading learning about forex market,currencies,pips,lots,economic condition is needed.:yahoo:
which is the best internet connection for indians?Quote:
Originally Posted by Victoryindia
what is the best laptop for trading?
what is the best site/book for learning forex.
who is the best forex broker for indians?