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great thread. simlpy 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. A good internet connection can make trading a heaven or hell. I had experience of low internet speed, i was so frustrated that i barely threw away my lappie, i was using a tata datacard and the signal was so slow that day
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forex market is not bread and butter. It not a market where we just rush in and then think we can take all the money there is in the market. To really make it in this market, one needs good knowledge of the market.
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Yes you need a lot of knowledge to use forex because it is very difficult for new comers to trade.so first they should get some lnowledge about forex and practice a lot to become a good trader.... :)
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Well, I appreciate the thread. It is a very good work by the thread starter. This is piece of information that every newbies should know about forex. It will help newbies to develop positive aspects towards forex and boost up the skills.
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Talk about a money management system? Is it really worth for trade in this game with our share of $1000? Use long term trading post as part of a strategy for SD? It's like 0.3 CL / SL with about 100 PIPs in only 3% of your total risk capital. It would be also nice if it's in this system. But I prefer my share of 3% on different ways to risk.
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ould you use the internet connection is low ,thanks for commenting my post but do really think that log yeh sab requirement fulfill karte hai b4 or after forex trading? please share ur ideas in this.a good job
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success in trading will come by itself if we have been able to master the ways to trade. we must understand our basic and have a good psychology, and can manage the funds that we have a well. mugkin that will lead us to be successful in forex trading............
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a clear knowledge of the forex business is a very important thing, that somehow the more we have a good knowledge in the forex business is, of course, it will make us more and have a good ability in the trade, and of course it will make us more easy to get profits in forex trading. so indeed we should have a lot of knowledge about this forex business.
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You pointed out it is very important that were faced by traders in developing countries. Food is the major problem for me too. I have to depend on the laptop and I have suffered many testimonies, because this problem early on when I have not had the laptop.
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time having been confused
and attempt to locate a friends house who live electrical
other then all the exact, all the ability failure, i finally simply let go, lucky 2 hours later live electrical
and apparently still side-way movement
i might breathe
since that very day, i perpetually use a stop loss