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To be a good Forex treader you need to be sturdy. You must learn Forex knowledge. You should learn the Forex system. You have to believe. Then you open a demo account to be sturdy. When you know everything about Forex, you can be a good Forex tester and shine in life. To be a perfect forex trader we need to do hard work in learning forex trading and for this we need time and we have to trade wisely with discipline and through this our experience in forex trading also increased
I do not think there is a perfect trader, because there is no trading system that gives 100% accuracy. So all traders must have an analysis to minimize risk by using stop loss or cut loss. so if you get a loss, then your account will not be a margin call someone can be a perfect trader with practice alone, so traders should spend maximum time on demo trading account to learn all aspects of trading and try to make a strategy to profit from forex.
forex market may perfect bana ka liye apko sub say phle apny emotions per control karna hoga ur starting ka one year apko sirf demo trading karni hogi jiski bina per ap market may experience ur knowledge hasil kar sakhein gaya us ka bad ap real trading kar sakte hein ku ka Forex market knowledge ur experience per depend karti ha market may success hasil karna ka liye apko bohat zada madad milegi knowledge ur experience hasil karna say..& last basic rule ko kabhi aviod na karen humaesh jab be kuch seekhna ko mile jab tak wo theek say samajh na aaye koi 2sra question ya uska answer fine out na karen...Quote:
Originally Posted by arazmix
Set stop-losses for every trade. ...
Develop a trading plan and always adhere to it.
Don't risk more than 2% of your margin per single trade.
Keep your emotions separate from trading.
Never trade to compensate for your losses.
Only trade when you feel it's the right moment
- Set stop-losses for every trade. ...
- Develop a trading plan and always adhere to it.
- Don't risk more than 2% of your margin per single trade.
- Keep your emotions separate from trading.
- Never trade to compensate for your losses.
- Only trade when you feel it's the right moment
Forex today in Asia was a quiet affair in early trades, but volatility soon picked-up as risk sentiment improved. The Yen lost footing amid a solid rally in the Nikkei 225 index, as markets looked past the Japanese political woes. The USD/JPY pair staged a solid rebound and headed back towards the 107 handle amid broad-based US dollar recovery,
You become a successful forex trader when you follow all the rules of forex trading . Some are the rules that can helpful to become a forex trading ....
1. Minimum 6 months demo trading
2. Learn forex basics
3. Do not use indicator and robot
4. To know about risk and money management
5. to start with good capital
I don't think there is an impeccable merchant, in light of the fact that there is no exchanging framework that gives 100% exactness. So all merchants must have an examination to limit hazard by utilizing stop misfortune or cut misfortune. so on the off chance that you get a misfortune, at that point your record won't be an edge call somebody can be an ideal broker with training alone, so dealers ought to invest most extreme energy in demo exchanging record to take in all parts of exchanging and attempt to make a technique to benefit from Forex.Quote:
Originally Posted by arazmix
At first you ask your self-"are your ready for hard work and study?" If your answer -Yes then you start work and study in forex. Forex is a large sosector . so you need a large study and experinment work . you try it again and again and once time you arrive in you success
To become a successful trader you must follow these
First of all, Get all knowledge all about Forex and its trading, you can use this forum or other internet source. Likely very important that what is forex?
and why you are here, for what? Answer will be made that money and money. So to get money you must to do hard work
Then, must concern about money management that how you will arrange money and will use that properly. Because money management is very essential part of forex.
After that, you must choose any broker, I suggest you that instaforex will be better for you because it has fixed spread, no problem with deposit and withdrawal. Though Instaforex is best forex broker all over the world.
Must trade with demo account first for 6 month and should think that is your real money, do trade properly controlling your emotions, greediness etc.
Finally, A successful study and demo trading then you can start with real trading with low leverage, if you use low leverage then you can stay with market for a long time.
Now you are a successful Forex trader.