Forex trading requirement must know all!!

we must have good knowledge if we want to be a trader, we must know about news (fundamental) we must what which move the market and how we can trade use a good trading system and money management

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Originally Posted by Victoryindia

Ever wonder why a lot of people still fail in forex though the great profit opportunities in it. This thread will do justice to this and ensure you do not fail anymore.
As much as forex is a lucrative job so also it requires some equipments tools and strategies. if you have decided to be a forex trader or still want to be one, you need a stable and good internet connection. this goes a long way in affecting your trades as if not executed on time due to poor network will result in a loss. you also need a computer with ram about 1Gb, processor speed of not less than 1.5 GH. Ensure your hard disk memory is about 35 to 40 percent free. a good and stable source of electricity for desktop computers, many developing countries are still lacking in the area of poor power supply and to be successful in forex you either get a laptop or a good power source. then comes the educative things you need to succeed in forex. search for educative articles and books that can teach you the psycho, strategies and skills of forex trading.so learning forex will be the good opportunities for u making money.

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in my point of view these are the main requirements for forex trading. first of all you must have gain the knowledge about the forex then you should learn the forex by joining coaching. and at last you should trade without fear and greed.

Forex is not so easy if we have small amount of capital .It's better if we want to play forex trading, before we have learned and practiced.

the main things we need to have and the requirement as a trader is knowledge and experience, just the two which can makes us become a good trader, it is the main requirement if we want to be a good trader

great thread. simply this is the basic knowledge for all newbies. all the basic things you need to start trading . before enter in real trading you must need a good broker, a good knowledge about money management, time and well mind. if you enter with all this you will got the success. if we are able to learn all these thing then our journey start for success.

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Originally Posted by anubhavsingh

Very nice and informative post brother..
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..

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yes,,, I agree with you,,, that is what this post is very nice and informative,,, where forex requires hard work and dedication to achieve it,,,

i think forex is popular business.simply this is the basic knowledge for all newbies. all the basic things you need to start trading . before enter in real trading you must need a good broker, a good knowledge about money management, time and well mind. if you enter with all this you will got the success.then you will get more and more profits.

yes still many countries facing the problem of electricity loss i am in Pakistan and facing the same problem but i have my laptop so no problem for me but learning is the first step for winning

yes as you have mentioned, basic requirements are very vital when we are getting involved with Forex trading, but as i know, most of the traders can fulfill those basic requirements. but sometimes if those things are not working or broken in a particular day, traders may have to face so many problems.

i think that if you want to trade in this forum you must require some things.they are you must learn first and for this you should practice in demo account and than you must invest your capital.after that you can do it.