We must get all the things that we need in this trade business and that is based on our ability to good learn and Skills, Emotion control, proper money management and risk reward ratio, Leverage use, ETC are all things that we must learn.
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We must get all the things that we need in this trade business and that is based on our ability to good learn and Skills, Emotion control, proper money management and risk reward ratio, Leverage use, ETC are all things that we must learn.
You don't need to know all the fundamentals of forex before you start trading. I don't know everything but I am doing very well in the business. After all it is not everything that you learned in school that you must know or understand. some you learn but can't quite remember them again. So it is also applicable to forex.
great thread. simlpy this is the basic knowledge for all newbies. all the basic things you need to start trading . before enter in real trading you must need a good broker, a good knowledge about money management, time and well mind. if you enter with all this you will got the success. :happy:
well personally to me I do think what needs to be known in the forex market are the basics of forex trading such as understanding how the market works, having patience and observing a good money management plan thereafter you should practice for a period of say one year on demo account to master how the forex market works first.
yes my dear I actually consider that most of trader fail in trading because lack of knowledge and not able to make good strategies for trading.they doing trading without any money manegment and strategies and fail in trading.so better is do trading in demo account and then go for real after lot of practice.
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 wnat to be one , you need a stable and good internet connection
if a trader do not have enough knowledge about the forex business he cannot get success at the time of trading we should be able to know the requirements and rules in forex trading. all must be carried out in a great way to survive and make profits
dear of course I also think that everyone can follow them and to make the trading work with full attention so it is the best to the traders to make the trade and to make the profit to follow these conditions and the system requirements for the trading platform to gain the profit and knowledge to the trading system.
well dear to me I strongly believe it's better if we want to play forex trading, before we have learned and practiced. we must learn and understand how the forex market works. We must enhance our trading skills be endeavouring to demo trade for a long period of time before can start trading with real account that would earn us money.
well, dear I actually do believe that internet connection and a computer is very important for trading and a I think a reliable power source is required too because here in my location some times I miss some trade due to lack of power source.