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ap ki post bht hi zada helpful hai new traders k liye :) new traders ko chahiye k sab se pehle tu wo forex ko achi tarhan samjhen kiun k jb tak wo forex ki nature ko nahi samjhen ge kabhi bhi successful nahi ho sakte forex me risk hai but agar ap iss ki nature ko samjhte hain tu loss se bach sakte hain.
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forex mai new user k lye ye sb batein waqei mai bhot faida mand hai or new user inko follow lazmi kary q k time or paisa bhot ahm hai es door mai orziydah sy ziyda ilm hasil kary forex mareet k bary mai forex mai ye bhot ahm hai
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i agree with all your advice you have given on the post about forex trasing business.thise advice are some must follow kind of advice for a newbie in the forex trading world. :-)
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every new trader who enter the trading business so he must start from the learning so when he is trading in the market so must follow the some tips which give him good trading to make big earning from his trading to follow the money management,trading plan,control greed and emotions,and watch the proper forex news before opening their trade in the market.
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There are following tips for newbies :
1. always use demo before go with real trading
2. Treat demo account as real account
3. never show greed while trading
4. Never use emotion while trading
5. alway be decipiline
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I thin that very good post uncle. These all things are good to keep in mind before entering into the Forex market. Specially the five point number is worth thinking. Many newbies don't know this five point to open a forex trade and at this point it should be closed. So always try to understand and success these points.
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A lot of thanks with regard to sharing very useful and informative ideas because a newbie I have joined this particular forum for the issues additional I will include 2 issues with regard to newbies which try to obtain a few knowledge and useful expertise of trading after that begin reside trading.
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Firstly, The 1% Rule! For example, if you have a £10,000 account, you are only using $100 which is then divided by your risk:reward ratio. Secondly, Manage your Emotions & Fear drive the markets, so setting targets with a clear head will help you to make good calculated decisions based on solid data, as opposed to being reliant on your gut instinct. Thirdly, achieve knowledge from your faults and your emotions in terms of how you reacted, which may have caused you to make an error. This can simply consist of a few comments next to your figures not forgetting to include time and date of trade. Fourthly, discover a set of profitable strategies and master them. Fifth, Be patient.
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Brother sab se pehle demo main kam karen aur technical aur fundamental analysis karen aur new ko must folllow ku k newz forex ki market main buhat asar dalti han ..
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U talk absoolutely right ....but the low capital problem is now solved by this forum community and by refferal program ...so always trade and work hard and always trade steadly and dont get greed this can help for mKing profit