Forex trading requirement must know all!!

haaa..sahi hai..SL hume bade loss se bacha sakte hai.aur jo inka sahi dhang se istemaal karna jaanta hai woh jyadatar forex mein loss kam karta hai ..SL and TP is important part of Forex

I agree with your view until we are experienced enough it is better to trade with small capital, the smaller the capital the smaller the risk as we cannot lose more than our capital.

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Originally Posted by Victoryindia

Ever wonder why a lot of people still fail in forex though the great profit opportunities in it. This thread will do justice to this and ensure you do not fail anymore.
As much as forex is a lucrative job so also it requires some equipments tools and strategies. if you have decided to be a forex trader or still want to be one, you need a stable and good internet connection. this goes a long way in affecting your trades as if not executed on time due to poor network will result in a loss. you also need a computer with ram about 1Gb, processor speed of not less than 1.5 GH. Ensure your hard disk memory is about 35 to 40 percent free. a good and stable source of electricity for desktop computers, many developing countries are still lacking in the area of poor power supply and to be successful in forex you either get a laptop or a good power source. then comes the educative things you need to succeed in forex. search for educative articles and books that can teach you the psycho, strategies and skills of forex trading.so learning forex will be the good opportunities for u making money.

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thank you my dear app ne to kafi achi post ham se share ki ha es ko read kar k to mere knowledge main kafi izafa howa ha kioun k main forex trading main abhi newbie houn or es seekh raha houn es lapp ne jo post ki ha ye kafi faida mand ha mere liye main app ka shuker guzar hon itni achi post k liye

Quote:

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Originally Posted by Victoryindia

Ever wonder why a lot of people still fail in forex though the great profit opportunities in it. This thread will do justice to this and ensure you do not fail anymore.
As much as forex is a lucrative job so also it requires some equipments tools and strategies. if you have decided to be a forex trader or still want to be one, you need a stable and good internet connection. this goes a long way in affecting your trades as if not executed on time due to poor network will result in a loss. you also need a computer with ram about 1Gb, processor speed of not less than 1.5 GH. Ensure your hard disk memory is about 35 to 40 percent free. a good and stable source of electricity for desktop computers, many developing countries are still lacking in the area of poor power supply and to be successful in forex you either get a laptop or a good power source. then comes the educative things you need to succeed in forex. search for educative articles and books that can teach you the psycho, strategies and skills of forex trading.so learning forex will be the good opportunities for u making money.

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forex trading main both sari boatoano ka khal rakna parta ha is main sub sa zorari baat ya ha k is main ap ke amadni main both sara azafa hota ha forex main exlperince knowloege and investment honee both zorari ha is tara is main ap both ziad profit hasl kar sakta ho or main ap ko ak our bat batahion k hmu jab be forex trading main jaiee to traning both zorari hote ha

of course .... the traders must have these equipment to prepare themselves to begin in this fields
but they also need first trying strongly learning all things about forex and make their knowledge and their Strategies
and trying trade on demo account for 1 year
then at last they will be good trader

Forex is an very good source of earning money ...this is the basic knowledge for all newbies.... very important information for beginners ....... thak you my friend for sharing this information i hope good earning for you ..........

I the big percentage of losers in forex market which is 95% we should not wonder about it s the trading in forex market have become very popular and every day there is many beginners traders enter this world and most of them trade in their real account in the first time and earn some money then loss all their account money we all starts in this market by this way.

Good thread , I think the most my weakness in my country now is the poor internet connection so , sometimes the price feed in my chart very slowly to move. But , i think that is no problem because the broker i have offer trailing stop , so it is not necesarry to watch whole time my computer because there are automatic trading.

The most important fact behind keeping a tab on the news is to prevent the surprises some news can bring to the trading process. With a good technical backing then you can also read the mood of the markets using candlestick analysis methods.

Knowledge and skills can only be acquired if practice trading daily either in demo or live accounts. Remember...you will only learn valuable lessons if you win and lose in the market. Your good and bad experiences in trading will teach you everything you need to improved you skill as a trader.