Forex trading requirement must know all!!

Lastly it is important that potential traders take their time. Amateur traders have been known to complete a few trades on a demo system and then go on to using real money. This is a method that will lose the trader money in the long run. The experienced trader will have completed hundreds of trades in the demo system before their start to put their own hard earned dollars on the line. It is important that a trader takes the time to test their system thoroughly before giving up the demo software. Every system will have its flaws and it is important that the trader knows what to do when he or she is losing money on the Forex market.

we dont have to know all about forex but we have to learn price movement, so we can make
good strategy and good money management in our trading it will help us to make profit consistenly.

things must be considered in most major Forex trading comes to my mind is actually the capital balance or account. This is due to the fact that the low capital makes traders to take high risks in their trading, and this causes losses. for it be careful and focus

must know all that means all person really difficult to understand it.But I say only those person who are really interested in this platform must he learn it well.Some some knowledge about forex never give you handsome income but also risky.So first learn then earn by trading.

Quote:

---

Originally Posted by s19

main sochta hu forex main enter hone se pahle eski basic knowledge hona bahut jaruri hai..uske baad acha sa brocker select kro...fir kuch mahino tk demo account me trading kr k marekt enviroment, money management, right time for tragde etc. sikhna hoga..if we are able to learn all these thing then our journey start for success.

---

yes bro i agreed with you and i just want to say that here is many things which can be need full for a trader and those are the gain knowledge and the other thing is to be pay much attention on this bsuiness

Every investors should know there restrictions and business accordingly without getting more danger than what they can manage in dealing. We should understand to business according to the cash spent in the consideration dealing abilities we have to create appropriate access and quit and take danger accordingly

The forex currency trading business requires very many things that we can apply to it before we succeed. But the one i rather place as the most important is KNOWLEDGE. Knowledge is key to success.

I believe that people shouldn't attempt to place a few impending purchases within collection whilst we're in the beginner degree coz it'll help to make the buying and selling more complicated.
These types of resources tend to be for that specialists who've big opportunities plus they would like their own expense to become hectic constantly... i am talking about spent someplace constantly.

simlpy is fundamental for all beginners. all the basic things that you need to start trading. before we get into the real trade is a good runner based money, time, and keep in mind control. If you go, you get all of this success. A good internet connection to trade a paradise or hell. Experience internet is slow, was so frustrated, I threw my own and I used Datacard tata signal was so slow in the past.

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.connection is low but the risk you are facing a very high because you will experience a loss of connection continues to trade in your MT4 .