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Yeh absolutely, a proper trading plan can reach you very high of forex trading. but before starting the final trading you have to prove yourself that you can earn good in a demo practicing account. until you are getting 80% success rate in demo trading you have to continue with just practicing demo account.
Of way with grooming leave tidy us practiced to persist the terms movements in the forex activity.
With the field that we pertain gift reassert our path in gift with the expected.
I think before we can start our trading we should have the fundamental and technical analysis, to know the real condition of the market.
It is very important that a trader should follow some good rules. Spatially new trader need some good rules to follow. I think you are right most of trader should know how to use leverage properly. Strategy is very important part of trading. Newbie should start trade with a good strategy.
This is a good point to be determined prior to entering into a deal is the most important determining strategy and determine
our stop for six before entering In transactions in order to reach your goal and achieve good profit
the unsurpassed way of before forex trading you should read foremost person pips and should use it in present invoice.it gives various big things such as lot sizes,distinguishable spreads nowness pairs,bed earn,terminate failure,pending condition,border phone.many shipe way to instruct forex deeply,facility posts is the incomparable way to get enormous noesis around forex.
thanks i finally understand leverage because I do not understand what is leverage after searching on google
how leverage affects apparently accepted the transactions you very much
hi, I think a beginner should start with demo practice, at least for 03 months. U should acquire primary knowledge about trading..............leverage, stop loss, take profit, market analysis, signals, trends etc. after 03/04 months when u will feel yes now i have some knowledge then try for live trade. I always support to invest little amount first time because there is a huge possibility to make loss. and don't use more than 10 % of ur investment and don't opn a lots of trade..............it will make u looser.
before starting forex trading you have knowledge about forex market and have all the information about forex market so learn again and again about forex practice is also necessary for the forex trading and experience is a part of every kind of business so all the things that mention above have necessary.
Before start trading when should practice in demo account. The best way of before forex trading you should learn firstly baby pips and should use to demo account . its very knowledgeable things for traders and new traders it will be very beneficial.
I think when trading use hedging strategy because if we're experiencing a loss do hedging examples can be seen in
http://translate.googleusercontent.c...AdOrfb1hl8KxtA
and always use stop losses if the fund will continue to erode
Mentally Prepare a good idea (psychology) of your own! The main enemy in the forex trading transaction is yourself. When you do the forex trading yourself then automatically all the risks that exist to be dependent on your own, not someone else. So also with the results of the profits will be yours alone. Unless you use the services of a professional who can do the forex managed account forex account for you, so you can negotiate with them about the estimate (estimate) risk or benefit to any form of agreement that you can agree upon..... spirit
before starting the trade u must chk all the things of ur acount and see the internet connection that it will not shut down during the tradin and also be patient during the trading and to be behave like a greedy which need all the money in a single day and earn all the money
I am agree with all above comment the newbie must learn about pips than start trading practices on demo account when he/she understand all points of developing strategy and making a trade than he is able to become a forex trader.
We investors must know about the price activity and also know about the candle lights and maps before we can be prepared to purchase currency dealing. All investors need information in order to succeed in their dealing.
Before start trading if you practice demo account so you will get very good result.you can speak with one great expert trader who help you.and before start trading you have to control your emotion.
trending preparation should we do before we do the trade, this is important because if we do not prepare everything then when the trade is opened then we will be less hassle and we will focus on our trade
The Nifty is a well diversified 50 stock index accounting for 21 sectors of the economy.Nifty is owned and managed by India Index Services and Products.Strategies Before Trading.Before starting the trade, it is the duty of every trader to know the hidden points Points to be remembered by every trader while .
real time forex trading is understand what was said above about the leverage strategy
and manage the risks and benefits of trading as if we are careless or sell trading bu we will not benefit
Please continue the discussion
Forex trading is difficult and risky business before I trade so I should be able to master the science of trading and also learn how to minimize the risk
The trader can obtain a good in sequence with simple thing with just open the forum here and then they will take some real and the latest information from the others. It can learn on this forum and download the e-book, and then had to be a lot of do in demo explanation.
i think the best way of before Forex trading you should learn firstly baby pips and should use to demo account .its very knowledge things for traders it will be very beneficial.
there many type of peple that use forex trading The best way of before forex trading you should learn firstly baby pips and should use to demo account . its very knowledgeable things for traders and new traders it will be very beneficial.
some of these questions are refer to the trader , if he risky or not
but i advice you if you want to know these information go see it on you-tube and trade in a demo account , practising is the solution for learning
before i have any trades i read the forum and do my strategies and see the experiences analysis about it and what thex expect there move that realy great for all.
my basic in forex tradng is know about strategy with that i will make open position with more good resut strategy and also money managemnet for best system, I always use 3% of my equity for each forex transaction and this makes me more comfortable in every activity I do forex trading
Thank you, my friend on the excellent tips provided by us, and I think that everything I said we must focus on and work for him so we can install our feet in this trade hard and soft at the same time, and this is what must be known to all novice, and even every specialist and expert,must develop a strategy appropriate for each stage so that we can reach the goals of the ruler.
This is up to each dealer and the goal Haol accessible, and in the light of these objectives are different strategies used.
Do not ever get in real big with a capital if you are a beginner because not understand how trade is good and could easily lose it completely mastered demo after can make a profit then you can still get in a real accountQuote:
Originally Posted by mood02
hi friend
these points are very important for traders to trade
thank you verymuch friend for these points , i think you're right in our advised that says it's nice of you will apply as soon as forex strategy thanksyou very much ,i am waiting for other recommended because i am a beginner in the world
Before beginning trading one should understand the fundamentals of the forex trading . Also we need to know how the Foreign exchange market performs actually and only then we will be able to earn money from dealing.
yes i agree with you all your points ,to start in Forex is risky for new comer All of your above point should be followed one more thing it is to use demo account first to get some experience and after getting some experience from it you will impact in real trading to earn good
All the newbie traders when entered in the world of Forex Currency trading, then they think about, forex is money making machine, So my suggestion for all the newbie traders if they wants to join forex, to first prepared your mind and your check your financial position before you start trading. Leverage use 1:200.
I believe on a personal note that a forex exchange trader should always make sure that they have a good developed strategy that would assist them to trade in forex live markets successfully.
very true discipline and continue to learn will make us even more to know and be able to succeed in what we want, business forex business that needs precision and want to do with passion. learning should always be done in order to gain experience in the trade.Quote:
Originally Posted by PyarPyarPhet
DEAR MEMBER, I start racing in trading using leverage to finance a best suited to the size of my capital, which trade on it and do I make an unprofitable strategy, which maintains capital.the best way of before forex trading you should learn firstly baby pips and should use it in demo account.it gives several important things such as lot sizes,different spreads currency pairs,take profit,stop loss,pending order,margin call.many ways to learn forex deeply,forum posts is the best way to get enormous knowledge about forex.
i agree with you in forex trading market we can made a strategy and the most important thing that strategy is most of the time work on pair. before going to trade we must analysis the market according to strategy and read the signal if there is signal then we can go trading other wise we must wait for signal.Quote:
Originally Posted by ishvara
Of course with exercise will make us experienced to adhere to the price activities in forex trading.With the self-discipline that we apply will sustain our path using the expected.
if I may add, we have to prepare mentally. because whatever we can profit or loss that will arise is a risk that we face and we should be able to control it. even though we've got the advantage, but not in control then we will definitely go back to the market and expect more, but it is a serious problem that must be avoided.
efore start Forex business he must enough knowledge about Forex business. Knowledge about Forex platform tools how to use those tools while trading. Know about money management rules and good strategy use in forex. take risk depends on the capital in forex account..and control emotions during forex trading..
i think that if you do not have a trading plan then its better to make one . trading without a trading plan is like gong for a battle without weapons. you won't do that in real life do you.