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We cannot be successful in forex trading if we have only these two things, knowledge and capital. The most important thing according to me is experience, money management and risk management. In forex trading we need to learn all things step by step, firstly you need to learn very basic about it and than you can open a demo account for practice afteter that get some experience and learn about money management and risk management and then jump in real trading.
i do think for the rookie you'll be able to trade with twos that you just feel relaxed because absolutely no currency twos are unpredictable constantly although exchanging lotsize connected with 0. 01 is going to be suprisingly low risk connected with exchanging as well as i feel that has to be risk-free like a rookie.
if you already understand the basis of trading, then you could only think to invest. Since forex is a risky market and there are more chances for a newbie to loose money it is always advised to start with less capital and trade in small lot size.
take your time use smal portions and it is very recomendit to begin with an acount of100 dollar or plus and good luke
in which field they invest meansero used etc and which currency they trade and minimum lot volume its very useful here a big question for beginner that what is starting
as a beginner I want to go with and iwanna trde eurusd and gold time to us.
a beginner do not make large investments in forex trading, this is the wrong action, forex trading has a big risk, and a beginner could invest $ 1 to start and practice on account cent. This is better than we bet a large capital
For my own view, when you put your money small investment is good in forex trading so you maintain your investment.
For example is you invest $100 then you made good trade and its become $200 then thats the time you keep the 1/4 or the half of it then invest again for $150 so when it good trade then it will $300 then keep again the 1/4 or 1/2 and when you loss this is not so affected to your investment because you keep the money you invest you also did is roll your investment in proper way.
Money management and Investment management is needed in forex trading so you will know how to invest your money properly and how you keep your money properly. Small investment in forex trading is good and also good for the beginners like me. But if you have expert in trading you are confident to invest large investment because its little risks you will suffer.
Se kam as a beginner I want to go with and I wanna trade eurusd and gold, se kam 60$ se trading akroge to apko fayda hoga see kuch nahi hota forex me aur agar aap naye tarderho to goldko elkdum
naye traders kel lye bas eeur used hi sabse acha rehta hai gold to bilkul bhi nahi kar sakta.
Though forex is a risky business and the currency can move anywhere in anytime so that as a beginner i used $20 or more dollar and obviously i will use 0.01 lot volume for safetyness.
Aur agar aap naye tarderho to gold ko ekdum bhul jao naye traders kel iye bas eur usd hi sabse acha rehta hai kam se kam se trading akroge to apko fayda hogaas a begiine I want og and which
field they invest means ero used etc and which currency they trade and minimum lot volume very useful.