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The knowledge and after that profit and It's a serious business But some people think that it will be easy to make more profit in several time As many business there would be any limita in fact i you want to get basic knowlege about the forex then the contact the forex expert and get answer your question through forum in fact Learn in Forex business is so easy for as an educated people namely If you put in the time it takes to learn forex fundamentals !!!
In any field or any business where a man/women want to establish his/her need some basic knowledge without getting the basic rules and knowledge no one can get success in that area. so in Forex forum the basic knowledge is also essential to become successful trader.
Yes brother ap ne sahe kaha hai trading karne se pehle ap ko market ka basic knowledge ka pata hona chahye ku k knowledge k begair ap ko yahan loss he ho ga..
Knowledge is the secret of success, proper knowledge about forex market would direct you a lot
of way towards success , so having fundamental ideas about forex trading
is important, the pillar of forex trading success
Basic or complete knowledge, its remain the same as you can't really get complete knowledge but basic knowledge of currency pair and the fundamentals that will drive the price and reason behind it certainly help you to kick start your trading career and if you want to trade multiple pairs then problem persists as you need to give time to your trading to get knowledge of all currency pairs.
I find that it is a very useful thread author discussed an useful information here i would like to add something so that this become as more helpful for new traders you have to be know candle stick analysis and this the most useful part of technical analysis if possible try to learn ISHIMOKU and mix both of these really !!!
the basic knowledge forex is very smoothly analysis the market movement and because every moment the market high and fall and then gain to good knowledge for every pair because if you decide the good moment.
:yahoo::)))You don't have to be a daily trader to take advantage of the forex market - every time you travel overseas and exchange your money into a foreign currency, you are participating in the foreign exchange (forex) market. In fact, the forex market is the quiet giant of finance, dwarfing all other capital markets in its world.
Despite this market's overwhelming size, when it comes to trading currencies, the concepts are simple. Let's take a look at some of the basic concepts that all forex investors need to understand.
Unlike the stock market where investors have thousands of stocks to choose from, in the currency market, you only need to follow eight major economies and then determine which will provide the best undervalued or overvalued opportunities. These following eight countries make up the majority of trade in the currency market:
United States
Eurozone (the ones to watch are Germany, France, Italy and Spain)
Japan
United Kingdom
Switzerland
Canada
Australia
New Zealand
These economies have the largest and most sophisticated financial markets in the world. By strictly focusing on these eight countries, we can take advantage of earning interest income on the most credit-worthy and liquid instruments in the financial markets. :girl:@>-:good::good::woo:
most important of it so that you will not make mistakes while trading on your real account of forex market users must need to basic knowledge about its terms and condition and will earn money inside your not professional as well as full time as you get basic.
forex men theek hey basic bhee seekhna zaruree hey lekin is trading market men sab sey zaruree hey mukammal knowledge gain karna baqee basic koi trader seekhy ya is men real men trade kar kry seekhey jo experts seekhatey hen woh ham is tarah naheen seekh saktey hen .