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I am a big percentage of losers in the forex market that 95% of us should not be wondering about trading in the forex market has become very popular and every day there are a lot of beginner traders entering this world and most of them are trading on their real accounts at the first time and getting a number money then lose all their money accounts that we all start in this market in this way. and Knowledge and skills can only be obtained if practicing trades every day either on a demo or live account. Remember ... you will only learn valuable lessons if you win and lose in the market. Your good and bad experience in trading will teach you everything you need to improve your skills as a trader.
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I agree that one should not start trading by thinking forex is simply buying low prices and selling in high business, but having to learn and follow the essentials, learn to leverage, show the range for target and stop loss levels and some other important things and the major Forex trading terms that come to my mind are actually capital or account balances. This is due to the fact that low capital makes traders take high risks in their trade and this causes losses.
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Forex trading ke liye good knowledge or experience kar equirement must hona chhaiye agar trader ke pads achha knowledge koha hai to hi trader parke me achhe se leverage ko manage karke kaam kar skate hai or discipline ke sath kaam karni chhaiye.
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Demo accounts help beginners to get used to forex trading. But expert traders can use demo account trading as part of the experiment. They can try out new strategies with demo accounts and see if they work or not. If there is a failure, they do not need to lose money and if successful, they can try it with real trading. and to be a successful trader, you must be able to know how to trade. maybe we should learn the basics of basic trading style, be able to control your emotions in trading and we must be good at managing the money we use to trade. maybe it is the foundation to become a successful trader, and we must obey it.
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to become a successful trader, you must be able to know how to trade. maybe we should learn the basics of basic trading style, be able to control your emotions in trading and we must be good at managing the money we use to trade. maybe it is the foundation to become a successful trader, and we must obey it. and Demo Accounts help beginners to get used to forex trading. But expert traders can use demo account trading as part of the experiment. They can try out new strategies with demo accounts and see if they work or not. If there is a failure, they do not need to lose money and if successful, they can try it with real trading.
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yes i agree with you brother but to avoid floating loss, great best for SL that can not always make us depressed after so maybe time i encounter such thing but now even for sl and tp and just waiting for my analysis about his hit tp sl ow. and No need to know everything at once. I am when I start trading Forex. The first thing I know is leverage and how to register it. Balance and what can be negotiated. But with the passage of time, I know many things about Forex. And I can make great deals and amazing benefits. Now know everything about forex trading requires intellectual effort. Depending on the daily reading in the interpretation of the terms in it. And then switch to the appropriate technical analysis and index selection.
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I had bad luck when I was using a low internet connection. at the time I was trading and my position was influenced by the high news and I got a lot of floating. on the way i tried to close the postion manually because i forgot to set my stoploss. metatrader only shows requote, requote and requote .. i am very tired for that. and the forex market is our source for good profits, you can win very high, but you have to work very hard, and you have to make good money management, because everything in the market forest is all possible.
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yes a good computer is a must. But I think that's just a small detail for the trader. You may have the best computer in the world but it will not help you to make money. I think everything is a good strategy. have a working strategy then forget about the rest and focus on it and develop it to a better jump.dont from one system to another.relax and be patient and always follow your rules and your PC should be good and should support trading software with good amount of RAM and a good processor and should be an updated computer and of course you need a secure internet connection as well as trade and execute faster and Instant trading.
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experience is necessary to become a successful trader in the forex market because experience means that you have used all the strategies and all the money management with many experience plans make you know the losses and the reason of the profit. and I want to add something. Now, one day forex business is more famous for everyone in the world. And many people do this as a full time job. For better trading learning about the forex market, currency, pips, lots, economic conditions are needed. :)
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To conduct Forex trading, one should know about the various basics of the Forex market such as Forex trading tools such as indicators and charts. After that they must prepare the investment capital first and plan your strategy accordingly. Remember that success will come when actually trying for it and who wants to get it in a very short time I think they never learn forex and can go for their gambling. forex takes patience and want to learn. I graduated almost 2 years but still can not produce consistent profits and still trying to learn as much as possible. so it really takes hard work.