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discipline also the key to get profit in forex transaction, those 5 point is very good, but Discipline is the key, no matter you have a huge profit, if you didn't discipline on your strategy, you will always loss in the futureQuote:
Originally Posted by alamayreh
before start trading will do the analysis your past trading part then you could know do this. so i think the beginning of the trading was done to begin to pay attention and observe the trends that are going on. then the it would be easier four your to state a fro ex trade.
before start trading we should about what is trading , how can i skilled in foerex, about market prices, learning skilled etc. not only that i also have to believe myself that i can also do that.
Yes bro your idea is too good for forex beginner.Most of trader trade forex with small knowledge but if you want to be a perfect or successful trader you must follow the above rule and again i mention it.
1.Learn basic knowledge about forex market.
2.Learn how to know fundamental and technical knowledge about forex.
3.Maintain your equity during trade.And
4.Trade small lots with low invest.
before you start you forex trade you try to know whwt is forex and how to trade forex,you study about forex,you know what is leverage what is take profit and stop loss and last practice demo account 6 month than you trade live account.
Wow Nice Points Man Thanks
before start trading one should determine that he has come here to play with market. and he should determine that wining is the final destination. that's why he needs to ensure that he will absorb in the trading for a specific time. if he think that he will gain without paying time here, it would be a difficult task for him to make a profit.
yes, and the forex market is a very dangerous field to try to make money and also this market have no mercy.Quote:
Originally Posted by abd.iiuc
that is why we must do everything we can to know what needed to be done to survive and then make money in this business.
we should not join or trading in forex without forex knowladge.If any one want to trade in forex for profit so they should at 1st learn and study on forex.
Before start trading you must know the basic of forex trading-There is an ideal mindset, character, and mental attitude that traders need to acquire. You must respect your trading, this involves being free of anxiety, fear, despair or regret. It also involves being able to remain calm, confident, focused and disciplined in the face of adverse trading outcomes.