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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. You won't do that in real life do you?
before start trade you have to make some plan that how you hare going to attempt your target in any situation and how you use your capital and in stop loss or take profit what is your poinr so all this need your learning and knowledge as well so before start your trade you have to study about trend
The Nifty is a well diversified 50 stock index accounting for 21 sectors of the economy.Nifty is owned and managed by India Index Services and Products.Strategies Before Trading.Before starting the trade, it is the duty of every trader to know the hidden points Points to be remembered by every trader while
I think Forex is a good job.Yet do I start racing in trading using leverage to finance a best suited to the size of my capital, which trade on it and do I make an unprofitable strategy, which maintains capital.Have a nice day.Best of luck.Thank you..........................................
Convey you so much for you share the tips here.I reckon I may hit learned the tips so fine there.At the bit, before line trading,I think I demand to keep myself tranquil won and delay the forex broadcast prototypic now. :good:
How to Begin Forex
Maybe the first part of this should be "How Not to Begin Forex."
I did it just about as "wrong" as you can. I will try to cover some of my mistakes below, in hopes that they might keep someone else from parting with a lot of money, and staying up all night to do so.
Modern Day Bucket Shops
Broker Selection
This is one of the most critical mistakes I made. I didn't review any of the brokers that I was considering, and ended up paying a lot for that mistake. The problem is something like "I don't want to risk a lot of money initially, so the mini account looks good." The problem with the mini account is that I don't think it hooks up very well with the big players, therefore your broker often takes the opposite side of your trades. The analogy that comes to mind is like the baby pool, at your local country club. Yes, it is a pool and you can get wet in it, but it is not connected to the big pool and you are not going to do many laps in the baby pool. How many times did I watch the price go after my stop, hit it and then reverse significantly, the other direction. It gets very discouraging when you pick a winning trade, and lose anyway.
One of the best sites I have seen yet to help you evaluate brokers is: www.ForexPeaceArmy.com
For more on bucket shops please read "Reminiscences of a Stock Operator" by Edwin LeFevre, if you haven't already. This is a classic about the life of Jesse Livermore, who even today is still considered to be the world's greatest trader. It is definitely worth your time, especially if you are trading or contemplating trading. His insights into not only trading but how to interpret the news are amazing. A lot of brokers these days are in essence "Modern Day Bucket Shops." This is especially true for the smaller accounts at these brokers, the minis and micros.
before trading we need the many of knowledge about this trade and need the concentration for this trade and we make the plan for our trade and make many strategy for our trading and i think that it is good for your best trading but you know this thing it is very risky business
Before kickoff commercialism one ought to take the bedrock of the Forex transaction. conjointly we'd equal to believe still the Forex industry mechanism genuinely and solely then we are going to be fit to create cash from dealings.
I think prior to the material used to control your forex trading and what is forex trading as we all know
what is forex trading we may be able to trade forex
i think i will really like to agree with one of your point which says we really need to know the amount to invest so we can invest the amount we can afford to lose in other for us never to invest into the market the amount we can not afford to lose and we should understand that forex is an investment