Before you start trading.

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Originally Posted by alamayreh

dear members before start trading in forex u must take the points bellow on ur calcuation

1> how to use leverage
2> what strategy he will be using to open trade.
3> what strategy he will be using to to take profit and stoploss.
4> How much he want to invest in single trade
5> Last but not least What kind of strategy he will be using for money management

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I think before you start your forex trading activities, you should first learn the basic theory of forex trading and practice it on a forex demo account until you are proficient and discover profitable trading system

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Originally Posted by alamayreh

dear members before start trading in forex u must take the points bellow on ur calcuation

1> how to use leverage
2> what strategy he will be using to open trade.
3> what strategy he will be using to to take profit and stoploss.
4> How much he want to invest in single trade
5> Last but not least What kind of strategy he will be using for money management

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most important thing before trading is calculate risk because if your risk management or money management is not well enough than you will be become a street boy with in few days or few minute. 2nd is strategy you should have a perfect strategy with perfect entry and exit rule with SL/TP.and other thing is dont be emotional when you are trading

You can use leverage, investing in forex, share trading and margin accounts. Consider each of the following scenarios in order of increasing risk.
If you start, the best advice anyone can give in the forex trading strategy, do not let emotions play plan. Your strategy should begin with how much money you are willing to lose. Another strategy is often used in forex known stop loss.

The keys to successful trading are patience and discipline. All beginners should know these things, and to practice your patience, you can create demo accounts, and after you can go to a real account and you start to enjoy your pips, I wish you luck.

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Originally Posted by alamayreh

before start trading

dear members before start trading in forex u must take the points bellow on ur calcuation

1> how to use leverage
2> what strategy he will be using to open trade.
3> what strategy he will be using to to take profit and stoploss.
4> How much he want to invest in single trade
5> Last but not least What kind of strategy he will be using for money management

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Yes all the points you've mentioned above has to be considered before start trading in real market. The most important thing which one have to considered is how much money one could afford to lose, because investing money means risking that money.

those are really important elements which cannot be ignored. but there are some more more things which are also considered before starting trading on forex. those are....
1. learning more about forex
2. mandatory constitutions of forex
3. spend more time in demo
4. learn to control emotion

and many more.....

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Originally Posted by prem

the best way of before forex trading you should learn firstly baby pips and should use it in demo account.it gives several important things such as lot sizes,different spreads currency pairs,take profit,stop loss,pending order,margin call.many ways to learn forex deeply,forum posts is the best way to get enormous knowledge about forex.

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Baby pips is good site for learning how to trade, but this indian forex forum is also good to learn forex. Now that there is contest trading, we can check the contest participant and see their strategy. We can learn from there too.

Before starting Forex, one Forex aspirant must know how a trading system works and who moves the price up and down. There are lot of basics, we must know like going short, usage of leverage and many more. Then aspirant must go to demo account to see these things in live manner. Getting consistent profit in demo is a symptom for switching to Live Forex.

a lot of knowledge that must be known before starting forex trading business ..
we must always be prepared to lose all our capital in one day, ..
but we can minimize the potential loss by applying money management in our trading activity

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Originally Posted by oscar

we must always be prepared to lose all our capital in one day, ..
but we can minimize the potential loss by applying money management in our trading activity

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No i don't believe in this kind of trading, one should not be prepared to loose the money, instead be ready to more money , more wealth with adequate knowledge of the market and trading conditions. There are many ways to learn the Forex without loosing the money in hand. But if at all after all your efforts loss comes , then be prepared mentally for that.