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We always need to follow the money management rules. If we follow the forex rules so learning will be very easy within very short time. For this we need to practice more and more in real and demo both market.
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We always need to follow the money management rules. If we follow the forex rules so learning will be very easy within very short time. For this we need to practice more and more in real and demo both market.
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This is true, and a lot of forex traders specially new traders are losing every day because of their greed, new traders have to be very carefully while trading and try all the time to avoid greed, or they will lose all of their capitals.
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every one must have patience in forex because forex is very risky and no one know what will happen next moment. here in forex the price movement so high and if one did not used stop loss then he have to face great loss. so always proceed with caution and trade with appropriate lot as your capital allow. risk a certain percentage of your money in a single trade or a row of trade. if some one keep patience then he could make good money from forex.
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If you are new to the Forex training to be first on a demo account before real account .. which makes you gain a little experience and knowledge of the area .. Because Forex busines is distinguished from the rest of the business .. could lose the whole money in one hour...
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Yes i am agree this thing if you are new in this business then you need to learn more and more and understand this business,make experience this is good for you in future and you will make huge profit in this business so make talent and good skills.
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Without a doubt agree with anyone there are a variety run to type in purchases with out research and also with out anything and also it's not excellent after which rapidly will lose.
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Yes dear I agree with you because many new members fail in forex due to greed. They want to make a more profit and never watch the market so they become fail. But they need to make a plan and a limit of getting pips per day. I think 30 to 40 pips is enough for them. Then they can make a good money at th end of the month.
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This is true, and a lot of forex traders specially new traders are losing every day because of their greed, new traders have to be very carefully while trading and try all the time to avoid greed, or they will lose all of their capitals.
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i might such as to offer the actual recommendation to the actual traders which newbies should have expertise upabout demo maximum 2 month getting practiced upabout demo, u will end up being able to perform real trading. on this manner u can earn a lot of and good money.
Yes but even if you are old in trading don't trade so many you must have a plan to trade and don't enter so many trades in a given time and if your target for the day has been hit so don't trade that day and trade again tomorrow