Good... this is really useful for new traders new traders want to read this before start trading this really useful useful thread thanks alot for create this thread..
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Good... this is really useful for new traders new traders want to read this before start trading this really useful useful thread thanks alot for create this thread..
A forex exchnage trader should make analysis in the forex markets to be able to actually know the forex market direction before they enter any trade. Not making analysis means a forex trader is just gambling.Quote:
Originally Posted by besthero
Aap ne jitnay b points highlight keye hain forex trading mein sub ke bohat zyada importance hai khas ker aik newbie k leye tou yeh basics ke heseyat rakhtay hain iss leye humein apni strategies aur apni money mangement ke skills ko bohat dhyan dena chaheye ager hum inn follow kerein tou yeh humaray leye bohat helpful sabit ho ga.
trading start karny sy pehly me studant tha.or jab sy forex ka pata chala hy me ny forex ko sikha hy sikhnay k bad demo par practice kar k ab e orignal account par kam kar raha ho.i am very happy.
If you have the knowledge about Forex trading then you should make the analysis and maintain the money management that A trading plan must be definitely practiced in demo account but one must also know the fundamental and technical aspects of the market before trading and must have done proper analysis and study, One should follow all the basic rules and principles of trading including equity , leverage , right entry and exit levels and most important use money management skills while trading.
Of course, all what you wrote is true but you have explained so as to benefit all those who enter into
this subject and I am with you because he is not a good knowledge of this market makes the
novices are losing large sums of money and this is what happened to
me in the beginning of the learning
it is the smallest unit of a currency move.1> how to use leverage
2> what strategy he will be using to open trade.
3> what strategy he will be using to to take profit and stoploss.
4> How much he want to invest in single trade
5> Last but not least What kind of strategy he will be using for money management.
prior to begin trading can do the analysis your past trading component you then might understand try this. and so i think the start of the trading was accomplished to commence to concentrate and notice the trends which are happening. probably the it may be easier four your to state a fro ex trade.
Before starting trade we should know the basics of forex. Like pairs, pips, lots sell and buy with what you mention. And you must trade first in demo account. It is practice filed. Don not start live trade first. Long time trade practice is very important for do business longtime.
The simplest way regarding just before currency trading you ought to understand to begin with child pips and may utilize to be able to trial consideration. the extremely well-informed items regarding dealers and also fresh dealers it'll be extremely helpful.