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I think if you have been trading for any period longer than a month, you may have learned a thing or two about yourself, the market, and human behavior so you can be more experienced with what you have felt until nowQuote:
Originally Posted by alamayreh
I have no idea about leverage. Please tell me something about it.Thanks.
the best id the leverage...leverage should be in the limit not in the manners of the openly...the stragies will makes at the time of the business..what kind of a business how its works.....and the investments although depends on the nature of the business...the profit management is that the more investment and the more profits....the money management is the most important strategy og the business....
You said good enough, before trading it is too important to maintain some rules. if you are able to maintain the rules like, watching chart, choosing currency, target set and so on. then your trading risk will too low. cause you know the real system of trading. and you did the formalities of good trading.
Before anyone could start trading in the forex currency markets, it is right that they first learn the demo accounts for 2 - 3 months. After that, when they feel it is comfortable, they can now move to the live accounts in forex trading.
Forex trading on real market need and must know about all knowledge of price movement, forex treading must use and know the trading rule of capital and margin and lot an must be and discipline to control of emotion dont be affraid if you get best result and get profitQuote:
Originally Posted by ishvara
should pray first before making a trade for a prayer before we will gain confidence and luck when conducting transactions in which any of us can quickly change the direction of the position that has been erroneously
before trading we should know what forex actually, we also need to learn about money management, emotional management, and many other things we should know before we decided to become a trader.
Always follow your strategy or plan that you have for trading before trading. That is all you need. If you don't have a trading plan then its better to make one. Trading without a trading plan is like going for a battle without weapons.
Makes a plan and prepare everything with details before start trading in real account. Without plan and preparations, so you don't know your goal and it could be failed with easy way. By doing planning and preparations, you can trade with relax and more focus.