Forex trading requirement must know all!!

forex is require mucm more knowledge,much to it to me someone have find in seilf a good strategy that he thin i can work for in and tested it on demo accunt first before goin to live accunt

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Originally Posted by Victoryindia

Ever wonder why a lot of people still fail in forex though the great profit opportunities in it. This thread will do justice to this and ensure you do not fail anymore.
As much as forex is a lucrative job so also it requires some equipments tools and strategies. if you have decided to be a forex trader or still want to be one, you need a stable and good internet connection. this goes a long way in affecting your trades as if not executed on time due to poor network will result in a loss. you also need a computer with ram about 1Gb, processor speed of not less than 1.5 GH. Ensure your hard disk memory is about 35 to 40 percent free. a good and stable source of electricity for desktop computers, many developing countries are still lacking in the area of poor power supply and to be successful in forex you either get a laptop or a good power source. then comes the educative things you need to succeed in forex. search for educative articles and books that can teach you the psycho, strategies and skills of forex trading.so learning forex will be the good opportunities for u making money.

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thanks for your suggestions..the experice share by you is priceless for us..but even take this steps one can not make enough profit and make some loss of money so i want to know that is there any possibileites to make profit everytime

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Originally Posted by abdulahi

forex is require mucm more knowledge,much to it to me someone have find in seilf a good strategy that he thin i can work for in and tested it on demo accunt first before goin to live accunt

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Yes right we need some practice to make our knowledge in forex increased and also we needed to do that to make our experiences grower from time to time. In demo account, we learned to apply theory in practically.

that's a good post.some informative things is there and totally agree with it.some times it may make problem because not using what you say here niebei of forex can get some good idea from here.

Most of the traders trade eur/usd pair and they like to do this because all expert traders like to trading in this pair but i think all pairs are good and profitable...

Forex is very interesting source for earning. But it required to all very hard work. To be a successful trader you must need good knowledge, good strategy, and greedy free mind. Only knowledge can leave your all losses. You must have basic knowledge in forex.

YEP....Thanks for your kindly help.It is very helpful for me .I think this post will help all of us.Good job..Looking for your new post.

when only technicals agree and the fundamentals think otherwise, i avoid all risks, when the fundamentals and the t echnicals agree, i go all in for the trades, fundamentals does not mean the mere news which pop in, but the health of the entire economy as a whole .

In forex trading currency market there are how many rules and regulations you see all will have to be known by all the traders.that is a good knowledge about money management, time and well mind will also be needed.If you know all the rules, you will get success.

indeed in running our business to know the ins and outs of the business, if you want to succeed we must optimize our time and energy to focus on the business, especially in forex trading, to succeed in forex trading strategy and we have to have a profitable system, because the forex at risk and we should be able to minimize risk and optimize profit