Forex trading requirement must know all!!

of course an trader mustly need to know that what`s are the basic of this market and who drive it, why it`s move so by knowing that he`ll get the knowledge and will try to make sure that what`s he`s trying to do in this market should be in profit.

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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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bhai there are many androird apps and iOS apps can we trade successfully on it i have never experienced on it if someone has some better android apps like this they can pls tell me abt procedure and resultsss

you're right, the more practice the better it is. In forex, if a trader has been adept at generating profit in a demo account, then he will have a good experience for him to use to trade with real accounts.

Yes, I totally agree with you. Most of traders who lost their money because they are lack of information, knowlegde, dont' have enough experience and have too little time on practise demo account. So we need to learn alot and read alot to have information when trading forex. Good luck to you.

As my experience its a primary need to hump the requirements of the forex trading, but the new trader of the forex trading staleness get the forex trading training and get the demo trading for the punter trading and to get the many profit.

Forex trading must have some rules and regulations. If you trade in forex trading, you must have to know this rules and regulations.If you know more and more you must get profit that is prerequisite for all the traders.

we must have a great controll of our emotion, so we can manage our fear and greedy and makes profit from risk management. we need to get good money management, so we can count risk and reward ratio, healthy ratio is when reward bigger than risk ratio

requotes can occur because the server itself, if indeed an internet connection that you have no problem. If you're trading with instaforex, then you'd better choose a server that is stable and rarely requotes. From my experience, the servers are less stable Singapore, and London is very stable server.

Bilkul theek kaha ap ny, hr business ki trah forex trading main b success hasil krny k lye apko phly kafi knowledge aur experience ki zarorat hy, without knowledge nad experience ap kuch nahi earn kr sakty bl k ulta loss he ho ga.

yes, my brother. Forex as i know, it is very difficult if anyone want to be a successful trader. It can be a profitable job, but it is a job with much risk. I have read that only 5% trader is successful in this market. So it must need alot of time to get experience for improving