Forex trading requirement must know all!!

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Originally Posted by Victoryindia

Forex trading requirement must know all!!
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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maybe I was one trader who has inadequate requirements, such as:
- I just use a PC, because I have not been able to buy a laptop
- For supply Electrical power in my my country is very bad, because I was in the remote villages so power always outages with the sudden,
- For my internet connection is only using 256 kbps, due to higher subscription is still very expensive

that's it, very sad but I have to be optimistic can be successful with the limitations that I have

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Originally Posted by cumil

maybe I was one trader who has inadequate requirements, such as:
- I just use a PC, because I have not been able to buy a laptop
- For supply Electrical power in my my country is very bad, because I was in the remote villages so power always outages with the sudden,
- For my internet connection is only using 256 kbps, due to higher subscription is still very expensive

that's it, very sad but I have to be optimistic can be successful with the limitations that I have

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patient must have a silver lining friend all you have to have to endure the mental well with the facilities that you have may differ from our already carrying equipment can trade anywhere

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Originally Posted by denira

patient must have a silver lining friend all you have to have to endure the mental well with the facilities that you have may differ from our already carrying equipment can trade anywhere

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indeed must be patient when we do trade with makeshift facility just because it is a struggle against ourselves to nothingness

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Originally Posted by dead

indeed must be patient when we do trade with makeshift facility just because it is a struggle against ourselves to nothingness

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yes you are right,
with patient and willing to wait for the price in the right direction,
then half a victory already in your hands.

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Originally Posted by arjun

yes you are right,
with patient and willing to wait for the price in the right direction,
then half a victory already in your hands.

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no one else does that ahrus we do for the good of the trade that we do is but wait patiently for the opportunity to earn profit

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Originally Posted by arjun

yes you are right,
with patient and willing to wait for the price in the right direction,
then half a victory already in your hands.

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yeah i agree 100% with you on this matter. we should not open positions in haste. After proper analysis and a good signal to trade we must open our positions if we want consistent wins. So patience is the key

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Originally Posted by mayengbam

yeah i agree 100% with you on this matter. we should not open positions in haste. After proper analysis and a good signal to trade we must open our positions if we want consistent wins. So patience is the key

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Jahat ak mujhe lagta hai, acha trader wahi hota hai jo ki jaldbazi me aur bina analysis ke koi bhi trade nahi karta..
bahut sare aise traders hote ghai jo ki dusro ki baaton me aake trade karte hai jabki unki khud ki koi study nahi hoti..
Aise trading karne ka koi bhi faydan hai...har trader ko apni study aur analysis ke baad hi trade karna chahiye...warna aapke loss ke chances zada hai

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Originally Posted by mayengbam

yeah i agree 100% with you on this matter. we should not open positions in haste. After proper analysis and a good signal to trade we must open our positions if we want consistent wins. So patience is the key

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whatever it is only patience that will bring us to a success because the premises of patience we will be able to control the emotions of trade that we face

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Originally Posted by dead

whatever it is only patience that will bring us to a success because the premises of patience we will be able to control the emotions of trade that we face

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but all that we do not do in a hurry because after a friend of his name in a hurry will make us lose and greedy

in addition to patience, a slow internet connection will also test your patience.
if you do not want a headache when you feel like liquidation but problematic connection,
I recommend to install the sl and tp when the open position.
it can not be in the bargain. mandatory and should be.