The best way to learn and be pro in forex is to watch people on the forum and know how they work and follow the advices of the old traders who managed to be successful
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The best way to learn and be pro in forex is to watch people on the forum and know how they work and follow the advices of the old traders who managed to be successful
I don't like to view other websites for technical analysis , I would like to trade and analyze my self to gain experience . I visit other sites If I am not sure of my analysis only
the leverage is so important thing in forex. for newbies they should trade with a low leverage and low capital at the same time. they usually don't do that but that is not recommended
if we are in a low spirit, then we should do anything to overcome that. we can view other successful traders history and read about old traders successful stories
that is good thing to start with a demo account for beginners . they should not trade with real accounts without gaining some experience to help them trade live
trading in group is very helpful . if I don't have much experience to trade alone I will go directly to any group of traders to join them but I don't found much of them
If I make the target daily profit I will quit for that day , we should not trade too much at any day in order not to lose our accounts . that is one of the biggest mistakes on the forex for newbies
Trading with the help of news can be very helpful to us if we know how to trade with it , Forex Factory has a nice calender I like to visit it daily to check the news
Luck is not required in forex. luck is required only on games and on gambling games but forex is not a game at all so we don't require luck on forex. all we need is knowledge
we all are traders . all members of this forums are already trader , since we have opened account with any broker then we are traders because traders do just like what we do