most important things that should be on any novice trader to learn is technical analysis and fundamental analysis and management so need to understand that forex is a good platform to make huge money but need good concentration.
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most important things that should be on any novice trader to learn is technical analysis and fundamental analysis and management so need to understand that forex is a good platform to make huge money but need good concentration.
@soumen: No doubt knowledge is the key for getting success in this business but I would like to add some other requirement due to which we can become the successful trader i.e. demo trading and strong investment.Quote:
Originally Posted by soumen
I would like to suggest all the newbies that they should work at least two months on demo account and then should start the real trading with strong investment in order to get the fruitful result.
One thing that we need to know about this Forex exchange trading business is that it is Volatile, Very Volatile enough for a trader to lose all that they have invested in a short while. Thats why we should use protective measures at all times in Forex.
Haan ye to ekdum sach baat hai ki Forex markets me movements is tara hse hote hain ki hamko samajh me hi nahi aata hai ki kab hame apni trades ko karna chahiye aur kis time me trades karne se hame kuch bhi nahi mil payega.Quote:
Originally Posted by ishvara
there is no alternative that learning the Forex trading thoroughly and getting the right knowledge. There are no short cuts to become successful with signal providers and Automatic software trading etc. All we need to do is improve our trading skills and experience by trading with small lot orders on the market and improve our skills till we start making consistent
Forex trading ke liye knowledge hona chahiye, hum without knowledge forex ko learn kar sakte hai aur na hi hum demo account par achchi tarah se practice hi kar sakte hai, experience aur knowledge forex trading ke liye aham part hoti hai.
The forex is modern and interesting business all over the word. Here the lot of trader doing this business for the money making opportunity. This business is modern world wide business which we can doing the money making opportunity then every person need to learn how to doing here for the money making option.
the requirements to become a trader is not complicated, we just need capital in order to carry out transactions in the forex market, but to be able to trade properly and consistently, we need a good trading system and accurate, we can get through the process of learning and practice seriously
yes these are the basic requirement if you are on a live trade ,one should have a backup internet connection i case the first one not works.all these can be learn in demo trading.And a good mentor can teach you from his precious experience how to actually trade in forex so to be in contact with a good mentor also helps.we can also join forums and social networks where traders help each other
bilkul sahe kaha hai ap nay yaha par humy is cheeze ka kafi dehan rakhna hota hai k hum kia cheeze used kary jis sai humy yaha par profit ki trade mily aur jab hum yai cheeze ko jan laity hain tou hamri trade yaha pr kafi good hona start ho jati hai always aur hum us mai perfection ki taraf jany lagty hain...