yes cent account is where the traders can practice with the real money and can learn the methods of the forex without taking too much risk and i think newbies should start with itQuote:
Originally Posted by hammer
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yes cent account is where the traders can practice with the real money and can learn the methods of the forex without taking too much risk and i think newbies should start with itQuote:
Originally Posted by hammer
3. Search for a good broker and first open a demo account and trade the demo currency (4-5 months). Try to understand the price movements.Quote:
Originally Posted by Anytime
1. Before trading learn the basic terminology, like leverage, pips, lots etc. (2-3 days)
2. Search forums for more information. (2 months)
4. Look into everyday for a new strategy and try this on demo account until you find a strategy enough to return you back some profits.
5. Learn to control your emotions.
6. When you feel you are ready to go in the forex market, invest a little amount at first and see waht you can earn through that. don't ruin your budget. Initially, when I was learning I invested only $10 per month and when I became a little expert I started trading with an investment into my pocket $50.
7. Remember,learning has no end. Whether you are making profit, it doesn't mean that you should left studying other's methods. Maybe you get some more profitable strategy.
naye logo ko liye hummein acchi tarah se trade ko sikhana hoga.unke liye demo se trade ka sikhna bohot easy hoga kyo ki woh yaha thik se practice kar sakengey.woh agar trade ko sikhneke liye www.********.com use kare toh aur bhi acchi tarah se sikh sakte hay.
Naye logo ke sabse pahle Forex trading ke bare me puri tarah jankari leni chahiye taki woh ise puri tarah samj sake. agar Forex ki puri jankari aur system pata nahi higi to woh trader ke liye kharab suruat ka karan ban sakti hai. aaj kal bahut se websites Forex ke bare me jankari de rahi hai jiske dhwara naye log Forex ki sari knowledge le sakte hai.
g han yahan per naye log kaafi aa rhy hain to isi lea naye logo ko yahan per atey saath he demo account kholna chyw whaan per practice kren wahan kuch smjh na aye to yahan per thread bana len zroor senior members us per post den gy jis se us k concept clear hoga or jab usko feel ho k usy trading smjh lag chuki hai wo phir live ki ttaraf jaye...
g haan sahi kaha bhai ek naye trader jiske paas zero knowledge hai usey sabse pehle forex educational websites k zariye kuch kitabi knowledge hasil karni chahiye uske baad usey demo account banana chahiye ek aur kamm balance rakh kar trading experience lena chahiye kamm balance hone parr woh real account ki tarah emotions k sath trade karr paega aur 2,3month ki practise k baad usey real account me enter karna chahiye...Quote:
Originally Posted by Cowboy
I think that for the new trader for the first step is to learn about the basic concept for Forex and they can be a good trader.if you always think that Forex is easy and go for real trade it will be very much disputer for you. so do not go for real trade and try to practice in demo account than you will be very much ex part in MT4 trading software. when you can make profit continuously in demo account then you have the real trading account. but trading demo is not fun trade with demo but think that you are treading with own investment and take more knowledge.
dekho yar i am alos a newbie or mjhe b yahan aney k baad kaafi mushkillat ka samna karna para tha mgr phir mjhe ksi ne demo account ka mashvra dia is lea me bhi sab newbie ko demo account ka mashvara de rha hoon k is me kaam karo apko bohat faida hoga or posting b saath saath jaari rakho ta k roz ap k knowledge me izafa hota rahy....
every new traders has to learn that forex business is not as easy business at all ..there is ,ot of money in this business but you can get that money just by trading initially you have to learn lot of things
yar naye logo ko pehly to yahan aney per khushaamdeed me ne b jab forex join ki th...i to yahan per me ne trading se related bohat kuch seekha or ap b yahan per positng karo or posts ko parha kao or demo account open ker k apko whan per trading kerna hogi agr ap ahca trader bn,na chahty ho