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forex mein bahut se newbie ko forex market ki basic knowledge nahi hoti hai unhe trading dekhne mein asaan lagta hai to woh forex ki basic knowledge lena jaruri nahi samajhtey hai aur trading karne lagte hai aur unhe kaafi loss ho jaata hai isliye basic knowledge hona toh jaruri hai forex ki.
I think, basic knowledge is main thing forex market. Knowledge is very smoothly analysis the market movement. Because, we can easily understand and benefit well, if you can get basic information in forex market so you can make good amount and become a successful trader.
that knowledge is a very important and knowledge will make us a lot here and it would be very useful and all need process and hard work we will be crucial once and all need the process and always be prepared to be very good indeed.
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So we all traders have to gather huge knowledge to win in trading and to become success in it instead of however your knowledge is not so fruitful for you until you do not apply them in practice same as you can not practice or trade with out having great knowledge in forex and First you have to search and read forex articles with In my view knowledge is the most important thing in Forex business and without it nobody can gain success here
Yes these are basics and also this can be very helpful in determining the actual position or cost of the currency and if we can co relate or match the value of a particular currency with other pairs and co relate with other pairs we can actually trade good in these markets. So it is important to learn new things to perform quality trades .
forex trading ka barye ma basic knowledge bohat lazmi hai hamye is ka barye ma acha exprince knowledge aur achai practci aur learing cahye hamye itna pata hona cahye ka hum trade kis point pra laga rahe hai bye ma laga rahe hai ya sell ma.
Also to avoid losses in real account it is always better to back test our trading plan in demo account until we achieve consistent profits . It will be better to first check when we implement the knowledge we have gained and if we have gained the right knowledge , so it is better to trade in demo account for some time .
The knowledge that we get on the market will be very influential on the profit we get. knowledge that is accompanied with the practice will generate tremendous profits. make it a habit to practice the knowledge we get through a demo account. so that we avoid the loss of real money.Quote:
Originally Posted by sanjeesh
It can also right in this forum because this forum have a great facility and also many thread are good to learn about basic things in forex trading rather than although our starters it does not matter if we learn from the beginning since it all started from the first and requires a relatively long process of learning itself with Without knowledge no body become a gainer from forex market while i think you can search and learn in the internet
the basic knowledge of forex market is this that this is a market in which there are many items to trade and when you out trades in this market you either get profit or you get loss and recovering loss is difcult so first learn and then earn.