For Beginners, How to Start Forex Trading??

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Originally Posted by shreebabu14

@soumen bhai i ll try to do has u told n i ll do demo account for 15 days whn i think i am ready thn i ll do cent account thn after a month i ll start a real account...what is ur opion?

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Welcome my bro.waise aaap demo 15 days ke liye nehi aap kamse kam 2 months tak jari rakhe. isse aap bahut kuch sikh payenge. aur ha agar aap cent khol rehe he iske baad to koi baat nehi. par forex me aap naye he isliye aapko abhi kafi kuch sikhna he. to demo me practice karnese aap ka main balance pe koi asar nehi parega aur aap sikh bhi payenge.

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Originally Posted by shreebabu14

@soumen bhai i ll try to do has u told n i ll do demo account for 15 days whn i think i am ready thn i ll do cent account thn after a month i ll start a real account...what is ur opion?

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bhai 15din ki demo trading me aap kuch bi ni sikh paoge..kam se kam 2 monts tk demo me trade krooo...
agar 15 din demo me trade kr ke real account me jaaooge to i think you got loss may be MC

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Originally Posted by s19

but before apply your strategie in real account plz check the accuracy of your straegi..do not apply direct with real account.

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yes I agree with you
we need to demo first to find out where the weaknesses and knows exactly the strategies we have
if it directly to a real account, it is too risky
and too many chances to lose

first a trader must download a InstaTrader.
after that register a demo a/c and try to place orders still he can not able to understand the whole software InstaTrader and understand whole process and charts.

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Originally Posted by sukeshroy

First of all learn basics about Forex from online source baby-pips.com.There you can learn technical and fundamental analysis.Then open demo account,make your own strategies that makes profits.After that start trading real money with the same strategies you have done on demo account.

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yeah i think ******** is the best place to learn forex another this forum and other mt5 forum. you can learn from basic to advance in there.

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Originally Posted by pipsdragon

yeah i think ******** is the best place to learn forex another this forum and other mt5 forum. you can learn from basic to advance in there.

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ya its true about ******** and think every newbie trader must go there and there school is really very good to learn step by step but need patience to learn every stage . anyway this forum is also good specially live trading discussion section when experience traders are discussing there .

jo bhi insan naya forex trading chalu kare usse sabse phela mere hisab se demo se chalu karna chaye. aur demo se unhe sab pata chal jaye ga k kis cheez ka kaha upyog karna chaye.jaise ki stop loss aur wagera wagera.

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Originally Posted by ganguly

jo bhi insan naya forex trading chalu kare usse sabse phela mere hisab se demo se chalu karna chaye. aur demo se unhe sab pata chal jaye ga k kis cheez ka kaha upyog karna chaye.jaise ki stop loss aur wagera wagera.

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i am also agree with this vision because demo is the primary things for newbie trader and without demo how he learn the basic of forex. anyway only demo can give much experience without any fear of loss but when there is no real money involved then its better after a period of demo to shift cent or micro account.

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Originally Posted by vicky

i am also agree with this vision because demo is the primary things for newbie trader and without demo how he learn the basic of forex. anyway only demo can give much experience without any fear of loss but when there is no real money involved then its better after a period of demo to shift cent or micro account.

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yes brother, i think that the right step for newbie to become a pro
from demo go to cent account, then standard account, finally on ecn segregated account and if good enough become a market maker, what a dream, i want to be like that:)

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Originally Posted by fravash

yes brother, i think that the right step for newbie to become a pro
from demo go to cent account, then standard account, finally on ecn segregated account and if good enough become a market maker, what a dream, i want to be like that:)

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Exactly correct . your thinking is very good and if anyone go ahead like such then it will be more good and there will be less chance to huge because we are going to step by step .