What is important is how well you execute your trading plan, and stay focused with ruthless discipline. With a good trading plan you should be able to have an entry and exit strategies,which you will action decisively and not hesitantly.
What is important is how well you execute your trading plan, and stay focused with ruthless discipline. With a good trading plan you should be able to have an entry and exit strategies,which you will action decisively and not hesitantly.
we have to build a good plan and what condition for it and it is like the blue print for us to guide and show us the right way or just procedure to keep good in trading forex, some traders will build a different thing about it but they have a same goal with it
at first i see the market condition if the market is good i nvest more and more and iif the market is not good tan i control my invest try to escape from loose i can meet
you have to trade appropriately and have the courage to make profit and have the will in mind to take profit and should select technical analysis to make profit. the main thing is to trade well, not in strategy. thank you.
After having a few successful trades and growing your capital, you may think that you can take a little more risk and also take the signals that don’t look good and strong enough. Then you will lose all you had made in your good trades. Whatever that your previous trades are, winning or losing, it doesn’t matter
prepare a trading plan is a good habit before you start trading forex ..
and we should be able to learn to make analysis before deciding to open a position ..
use our analysis as a guide for open positions based on our plan
Before trading forex one should first have a good knowledge in english. Because those websites are in english. Then he mus have to how to trade with those websites.
Thanks for your question, Firstly see the market position. Then learn to make analysis before deciding to open a position.
For better decision making, traders need to make a good plan that will show the right way to maintain good trading in Forex. Traders must control their investment based on the market analysis.
yes very true. what's important is that u stick to your trading plan. when a trade is on the winning side traders tend to let it run thinking that they would earn more profit but when the market changes direction then the profit will turn out to be a loss. so controlling the greed is as important as having a good trading strategy
You have described a very very basic requirement but I do not agree with your point of view. You can find the forex supporting stuff in any language including urdu, hindi, french, malai, arabic, german, italian, chinese, russian or any other language. So I think learning English is not necessary for being a successful trader.
i think gaining knowledge about forex trading is very important in forex trading. also need to collect latest news and communicate with experts. its helps to make profit quickly.
The most important thing when you are trading is know that you should not follow the trend but you should have a strategic move that will help you scoope.
Focus, discipline and patience is important for success and make lots of money in the Forex and in order to achieve this that are well managed to pro through the development of an organized plan
I think before you entering market, you should think three things.
1. Market condition
2. Fundamental news
3. Technical news
I will give you a link that can supply you a good news.
http://www.forexlive.com/
yes i have a plan.when i joined forex trading business then i created a plan.that's when my earned will be 1000 of dollar,then i invest in the insta forex for getting more profit and also i giving joined some new trader for my referral income.it's good plan for me .
first need proper plan. then think about total fundamental and technical analysis. then start trading with discipline. success will come.
Forex trader should work according to a clear plan and specific goals in order to take the right decision and thus achieve the profit you want depending on experience and learn from the mistakes of the appropriate decision to take his style of trade.
actually knowing about trading market basically about Forex trading market is the most important is the most important matter before i make that decision of being myself engaged here.
Everyone need to work hard for earned money from forex trade , when they want to take a decision to forex then he need to thought about its success . how he will success on his decision .
i think forex is very important in our life because if i want to get good profit which only can get by forex. so i want to need the market condition of forex then i can get good prifit.
Before making any decision here in Forex trading the important thing that you need to do is you have to carry out details study about the currency on which you are going to do trade here in Forex trading this is very very important.
I think that .
Before doing something any one have planned it in advance and disadvantages of it . Because without us knowing it, sometimes we may mistake our plans accidentally,so it is so important..
i thnk firstly we need to analysis market . if the market is good we can trade this time but it is no in good situation we avoid the trading . also we can collect some great signals to trade
a good trading plan will determine the quality and quantity of our trading future, therefore we must be creative in building a trading plan, should the decision in picking out trading step that will be incorporated into the trading plan should be the steps that have been tested in a long and proven consistent.
needed to achieve success in the best way of trading is starting to learn, meganalisa, strategize and self-control when trading, it must be understood before you start deciding where and what is the appropriate currency to be traded to choose, all must be calculated with the details including the risk management to reduce losses when there is an error in analyzing
In forex trading a trader need good analyzing power and good strategy. He needs to all types of analysis and strategy before make decision in forex trading. I believe that without good analysis if a trader take trading decision then he face big loss.
Forex is online trading. So it may be risky or not be risky what ever it. I can easily trade with Forex online trade in all time. People those who are unemployed they can work with forex in ideal time. People Those who are employed then also work with forex in rest time because it is on line programe and it is always open. So forex is a way of Income for man those who are gather knowledge about computer and online internet use knowledge. So Forex means a sources of income in on line by conversation various
actually forex is not a game. it is a hardcore business and unless you need to get washed out very quickly, you should have some proper plans. money management is important for this..with proper risk management u can survive.
After a few successful Trades which help you to grow your capital and give more strength to your account, you are good and you are still not strong enough and that some danger signals that can be taken. After all, you lose your good. What was your plans that help you to win.
I think that.
at first i see the market condition if the market is good than i invest more and more and if the market is not good tan i control my invest try to escape from loose.the expriesce is another important matter.i can use it as it is needed.
there is a saying that " Before Invest, Investigate it at first"... No matter how small your trade is, you should always execute that trade only after analyzing the market properly.. otherwise you will encounter with many bad trades.. even a single mistake of your can ruin that trade from being profitable..
you should always check the trading part of these market and make sure what might affect the market, make sure that you know how to trade with them and know what you are doing. just understand what you are doing and know how to trade and make sure that youre technical analysis is good and well planned to avoid trading with poor decistions
First of all I analysis the market trend and plan on money management as we have investment. If investment is short then we decide to get small spread or low pips to trade accourding to our investment and try to earn money.
i do guess that which ever way the market goes on important factor that most be noted is that the trader most have a good money management skill.
before the starting you trading day you should first plan your daily target by viewing the market condition and after that the main decision is that is buy or sell condition , this thing you can observe that by viewing if whether market moves maximum is is buy or sell condition so always pre pair your plan to start trading.