trading is not as easy as u think its foremost difficult and acquire professionalism and its need a proper education and practice on demo account ,
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trading is not as easy as u think its foremost difficult and acquire professionalism and its need a proper education and practice on demo account ,
g ha ap ne bohat ache sawal kia ha k hame apni trade kaisei start karni chahye to mere bhai ap ko chahye k ap sab sse pehle thore dollar sa trading ko start kre ta k a p ko ager loss b ho to zyada na ho or ap apni trading ko jari rakh sake
dear actually I think forex trading is not easy to do, but it is difficult to make predictions and plans. so before making a trade we had to make the analysis and prediction of price movements of currencies.
trading strat karne ke liye hume demo account par trading karni chahiye usse hume bahut si baat janne ko milega jo ki esss business me bahuy jaroori hota hai kyunki bina business ko jaane hum kaise kaam kar sakte hai ess liye samjhna bahut jaroori hota hai.
before the start of trading, then you should prepare yourself whether it is prepared to accept a loss or not . because if you prepare yourself for profit certainly all could but not for losses. and prepare yourself to be consistent with the plan that has been made .
TRading is more than just mere buying and selling and that is what you need to and the first thing you need to know you basic concept of trading which means whether you are momentum trader or Swing trader and also what are the currencies that are moving strongly in a trend and then you look to target and take traders which are strong and which have minimal risk and you need to get complete research of upcoming events and don't risk more than you can lose.
first of all the best way to start the trading is to make forum account and after that you have to get booksi think when you trade analysis and learn than you earn huge you trade when you perfect than you get a proper plan than you trade.Most brokers gives you an account full of play money you could practice having.
Make sure you check the major economic news website for high impact news. Check the daily time frame to determine the trend and possible re-tracements, so as know your entry and exit point based on support and resistance point. Do your analysis, and wait for the market to come your way. Anxiety leads to loss, be disciplined.
i really hate eur/usd , these days this pair never respect the technical analysis , anyway forsure experience is the most important thing in forex , it's about how many years you spent with this market , it's the whole game.
there are many resources available to help you but also some things you should watch out for . Probably the best way to get started is to sign up for a free demo account with a forex broker.