Forex trading requirement must know all!!

I think that forex trading does not require genius like Einstein tradernya to or be rich as bill gates, but that must be fulfilled by the trader is trading mastered the basics right by having a trained and controlled emotional experience in trading.

I think if you choose to exchange currency pairs in the foreign exchange market should take the following precautions described below. When you open a forex account, it's not like having your money in a bank that requires insurance. It is not like opening a deposit account where your money is guaranteed because of the brand to launch in the rules of the stock market in the foreign exchange market

bhai ap na bohut achi post ki hai aur forex k liye sab sa important internet connection hai agar ap k pas internet connection hai to ap forex ko use kar sakta hai waisa ap forex ko use ni kar sakta hai.......

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Originally Posted by Victoryindia

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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very very informative post for new trader like me because we not consider most of things you mention in your post..electricity problem is really great in developing countries that 's too much difficult for trading..

internet connection can make good trading in heaven or hell. The experience I had low Internet speed, so frustrated that I barely threw away my lappie, and I'm using DATACARD Tata signal was so slow that day.

yes forex market is very critical market where is easy to be profitable but it is very hard to win , so it is must that you have to know all the rules of forex at first if you want to be a trader and trade in forex market.

advantage of the Forex market is, we realize our psychology to know the characters, emotion management, and many have their own friends and community

Forex the basic knowledge you need to know is about the technical and fundamental analysis of the trade and to do this there are many tools such as charts and different market indicators which you can use.

A good trader should know about all the tools of money management and how he can apply them to his trades and a trader who uses these tools wisely can make better and more profitable trades in this market.

Forex trading is a wonderful business.Right dude, 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 data-card and the signal was so slow that day.what do you mind?