5 Tips for forex beginners.

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2012-10-17 03:46 AM
erkin

Quote:

Originally Posted by djmixsamo

i think that, many new forex traders join forex trading for earn fast money from this forex trading business and more greedy for earn money from this forex trading business. and due to this reason they fails in forex trading business. so, do not greedy in forex trading business. and try to control your greed while trade in forex.

with trading forex we don;t need any skliil or basic knowleadge about forex. that need is ur want to learn and learn. dicipline and good money management i think enough and u will smart and good in forex trading.
2012-10-17 03:52 AM
junaidi99

Quote:

Originally Posted by sikil

when we focus on what we want it or we are going the way will be lighter though often there because of the storms that hit our dreams far greater than the shadow of fear

indeed, most new traders are less focused on how to understand the science of trading, they are too busy with how to profit quickly. This will cause a rapid loss so psychologically ultimately less interested in forex. learn first and surely profits will follow
2012-10-17 06:01 AM
caesa

Quote:

Originally Posted by junaidi99

indeed, most new traders are less focused on how to understand the science of trading, they are too busy with how to profit quickly. This will cause a rapid loss so psychologically ultimately less interested in forex. learn first and surely profits will follow

i agree, that is me last year, i really dont care about the theory of forex and i dont care about the knowledge about forex, all i care about is how i can earn much money from forex :D
2012-10-17 07:08 AM
Ownway

Actually i think so that this rules and regulation for the beginners should do maintain for gain the success ability. In this thread the five things are shown is too much important and that have to maintain by the traders who are beginners in the Forex trading.
2012-10-17 07:44 AM
freaky1212

One of the important tips that i will like every beginner to have is to avoid trading with emotion. Trading with emotion is very deadly in this business, especially that of greed Greed kills account. So newbies need to control their emotion and in order to make profit.
2012-10-17 07:45 AM
nisat100

5 Tips for Beginners for Currency Trading. April 11, 2012 by admin | 2 Comments. Trading in currency or Forex market is not at all an easy task.
2012-10-17 08:05 AM
embrio

Quote:

Originally Posted by erkin

with trading forex we don;t need any skliil or basic knowleadge about forex. that need is ur want to learn and learn. dicipline and good money management i think enough and u will smart and good in forex trading.

we have to learn and practice on a demo account until we can get a consistent profit on a demo account for several months, as it will take a long time to be able to get a consistent profit on a demo account.
2012-10-17 08:11 AM
roro mendut

yes, we learn in the demo account first.if you trade with knowledge and with information then the risk of loosing you is reduced. And also you can manage how much you will loose by applying money management techniques.
2012-10-17 08:22 AM
kila

Quote:

Originally Posted by kulonikilaregunung

I believe that the trader can be disciplined in trading rule, it can generate a consistent profit, but it is very difficult to be disciplined, requiring a lot of time to undergo the process of learning

yeah,i agreed with you. For some people especially if you're new in trading disciplined is the most important part because it effect your experience and process of learning.For me,it's very hard to be disciplined because there's a lot of things to do and focus on in everyday life..Still i like forex trading.

---------- Post added at 10:52 AM ---------- Previous post was at 10:47 AM ----------

Quote:

Originally Posted by embrio

we have to learn and practice on a demo account until we can get a consistent profit on a demo account for several months, as it will take a long time to be able to get a consistent profit on a demo account.

As people say practice makes perfect.Learning and practice is a process that we need if we want to achieve our goal for profit. Even though it takes months or years to learn on demo account it is worth it.
2012-10-17 08:44 AM
leon

Quote:

Originally Posted by roro mendut

yes, we learn in the demo account first.if you trade with knowledge and with information then the risk of loosing you is reduced. And also you can manage how much you will loose by applying money management techniques.

i just spend a few hours in demo account, after that i use real account, however trade in demo account is really makes me bored and it really not interesting, so i trade in real account after a few hours

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