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yes bhai jaan ma yeh janta ho k sirf forex me hi ni aap ko agar kisi b kaam me aap k pass ab information na ho to wo kaam kabhi b kamyab ni ho sakta aap k pass agar yaha forex me hai k aap k pass agar knowldge hai to aap kpass bht sara profit hoga aur agar aap k pass knowldge hai k ni ya aap k pass skill ni hai to aap ko kabhi b yeh ni sochna chiye k aaap yaha kamyab ho sakti ho balky aap nakam ho.
I think apart from the basic needs we should more concern on how to become success in forex trading. It is true that with s=some money and access to internet is what we need to start trading. But it is not enough to become success in forex. we must learn and practice a lot to become success . Therefore i'd like to add learning and practicing also to the list
Forex trading me jab trader mentally ache se prepared nahi hota hai ush ke liye baki sab chige bekar hoti hai, mansik roop se jo bhi trader aik dam strong hi hota hai wohi ish business ke liye suitable requirement rakhta hai aisha hum log kah sakte hai.
I believe that the trading system created the master trader is profitable as The news will only destroy my good set up so I better be careful before I open position in the market that hey traders, i think you have to know risk of forex trading and know how to win your transaction as well these things traders should know when they come to demo trading rather than then know what is leverage and find out the perfect leverage for me and also all.
You did give the basic requirement for trading in the Forex market and it is good i also think that these are very necessary for trading, internet connection have be a very strong one because weak connection can give disturb during the trade.
And how we can control our emotions and psychology while He must decide the leverage he will use and do risk management and money management and plan a good trading strategy which should be first checked in demo accounts and he must know that it works and he will be able to achieve desired results rather than in buying and selling several things to notice before we joined the marketplace, by searching in the calendar for instance, it might be very helpful to determine if the marketplace is off or otherwise, then even the daily analysis or possibly consider the recommendations before identifying signal or don't wish to visit market.
Its bad if you become emotional but its not bad if you have emotions in forex trading. i think the leverage not so important because the highest is the better but most of the important is the money management because as newbies we may make mistake but how you can learn from your mistake if your money management is worse let alone no one can realize how forex trading is works let alone , than there is when trading using cash.
---------- Post added at 11:33 AM ---------- Previous post was at 09:41 AM ----------
Then had to be a lot of practice in demo account when it can be successful in a demo account, yeah right, more or less like that's what I did and the important thing to know before start trading is the minimum trading capital needed to start the smallest lot size instead of t can be successful in a demo account can start trading on real account as if if all traders know what they will do so they will get their dream come true.
in the presence of adequate facilities I think this will also increase the concentration to learn better and this i is really long journey to go. every day there will be new things to learn. i pray you can me successful trader one day.
I use a laptop that is very simple, do not need to be large spect forex trading. because I think MetaTrader is a program that does not require a large memory capacity. we just need a fast internet connection so that we do not experience requotes when opening orders in the forex market. I think the most important is the internet connection is stable and smooth
Regarding the forex the trader should also know all requirement then start it in the real account. For this purpose they should first practice, gain the experience and knowledge of trading. In this way he can get the success in this business.