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to be successful in forex trading is in need of considerable knowledge, we should not be to sit back and just make an entry without a good analysis. it took hours of flying long enough for us to know the habits of these price movements, and it can only be done by people who are old enough to do forex trading.Quote:
Originally Posted by sairin
Before we start forex exchange trading, we should check and be sure that we possess the important forex trading skills, strategies and abilities. After that, we can now try and start trading the forex field.
Thank you so much for you share the tips here.I think I may have learned the tips so well there.At the moment, before start trading,I think I need to keep myself calm won and check the forex news first now.
We can not completely understand this market working easily, so we must learn some basic things about Forex trading and then start practicing the Demo trading with virtual money so that we get some exposure to the real trading market. Once we learn the way to make consistent profit in Demo account we may switch to real account trading.Quote:
Originally Posted by ishvara
My everyday trading session starts with pivot analysis only. I do calculate daily pivot points, then I do read charts for the price movement for the day. I never look for environment set up or any other factors for my tradings. But I give more priority for news releasing hours for interpretations for expected direction of price movementQuote:
Originally Posted by ishvara
Before start the real trading , for new trader need to be used the demo trading account for practice so when you start trading with real; account then must be open a trade with good planning and best strategy.
i want to start with $100 capital only for my first trade.As at a first chance i can trade properly so i think trade here patiently to earn profit.I must use my skill and strategy for my earning benefit from here.I have learned trading from ******** then i came to trade life in forex market.So i suggest all the new traders to came to trade after learning it from demo coz its important for them to know skills,tricks about here.
agree with you, they are very important to note before we go trading but for the first time, the trader should pray to the god...
then thet prepare theirselves for all things that they will use at their trading..
and may i add? the trader should think with clear and keep deeply in their mind to trade with discipline
before start trading first ensure you trading strategy, second conform your time duration and trade time, set your planning what trades you are going to do. and must practice demo for a long time to get success in real trade.
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?