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yes very true of what you describe here, maybe that point is often taken when the forex trader will enter a position or open to trade, but here I still often see trade regardless of money management, I think it's very dangerous, at least I can talk like it because I've been there before, and throw a lot of money just a moment, because my mind just want to earn huge profits in a short time.Quote:
Originally Posted by alamayreh
Before the trader start trading he should have the analysis of the market and then able to draw conclusion close to reality and then trade accordingly.
in my point of view,before start trading you must try on demo account its very helpful to you in learning about Forex trading its very good all of newbie who are new in the world of trading
For me before i start trading there are soo many things that you have to keep in mind and that is something that can help me concetrate vey well like making sure the seat that i am using have a cornfotable far me to concetrate well enough
I got to understand actually truly is forex market? and exactly how ought to I menaklukkannya? I think if I was for getting a strong weapon known as indicator to understand historical a try. as a result of by it of that sort then I would know about the direction from the market worth, therefore it'll be a lot of directional where do I need to open position.
Before anyone decides to enter the forex exchange trading business, they should quickly make sure that they gain all the important businesses. This is simply because in forex, knowledge is needed.
Me to, before begin trading be mindful along together using regards to the complete leverage additionally great deal size. Should you always absolutely really undoubtedly are a beginner i propose don't trade using the help of high leverage and additionally lot size. Proper MM is truly ought to maintain concentrate concerning this aspects.
Dear Friend I am trading with my strategy and the strategy is mix of technical analysis and fundamental analysis and I trade on the Money Management rules so that I do open the trade till the profit I can tolerate my losses till the rebound and profit.
a lot of ways to discover forex trading in addition to one too is actually your own house write-up the following..
in addition to that the actual dealer could get an excellent facts together with simple matter together with just start the actual forum the following and then they may take several true plus the newest facts in the other folks and then they will get some bonuses too..
albeit it appeared small, mood could additionally affect our trading result and that i agree along with you for this one.
typically i missed trading chance as a result of i am not inside the mood to trade and it really is bad for myself.
however a minimum of, each time i wish to enter the market i ensure which i'm in good health and also have a recent mind.