What to do before trading ?

[Sameer10]

lifted straight from Adam Khoo's website.All contents of the original article has remained unchanged.If You Want to Be Rich…Practice this One HabitWhat keeps most people from becoming rich is the habit of wanting instant gratification. Instant gratification is the habit of always wanting to enjoy now and not having the patience to wait for future benefits. As a result, these people spend a lot more than theyinvest. By spending on that new car, new widescreen television set or designer watch they get instant

[laktasin]

Make a plan before trading, decide on how much you can take to risk. What would be the entry and exit. The time frame that you will be using and most of all, be firm to follow the rules, if you set a rule that one trade at a time or a maximum of two trades at a time, follow it, don't let your emotions overcome you because emotional traders will find it hard to become successful in forex trading. I think the most important thing is find out the space from where tou get ready made technical and fundamental analysis and current new related to pair that you are going to trade, a successful trader always learn and learn before he wants to order some pairs. Even us, as newbie, we must learn and learn how we trade correctly, and finally we can make profit with forex.

[noder]

Plan are important and need to try to minimize our loss when we start any business.I think the very first thing we need to do before we start forex trading is that we need to understand that the forex investment is a as profitable as risky investment.So we should gain knowledge enough with confidence before starting forex trading. Before you trade you should learn and gain experience about Forex. If you are a good trader you can trade well and get good profits in Forex trading and analysis of the most important thing to trade the market value perfectly. experience is the best teacher

[garlick]

It is very important that you make your analysis and get an idea about the market situation before you enter into a trade. Even if you are following some signals from a signal provider it is important that you know the market before enter into a trade. News plays a key role in the daily behavior of the currency. So you must have a good idea of when the news will release and probably impact on the news. Further you can do a sentimental analysis on the currency too.

[nurohman]

I think the most essential thing is find out the area from where tou get premade specialized and essential research and present new relevant to couple that you are going to business. Because when you go to your stay trading display these things are easily accessible to you for fast creating decisions. I have little knowledge about Forex. I am low knowledge because I didnt get any education about Forex. I am learning about Forex. So fer I learn about Forex please do not greedy in Forex business. Then your mony will finished within short time.

[sariketa]

before we trade in forex, you should know everything about forex. Without knowing many aspects of the trade, the trader will only lose and lose. A successful trader is always studying and learning before he wanted to order a few pairs. Even we, as a newbie, we must learn and we learn how to trade properly, and finally we can make profits with forex. need to first fix our target and try to understand the market movement by using technical analysis. after technical we need to consider the fundamental analysis of this currency by the help of various news and upcoming news.

[ShaistaH]

Right you are . Before starting trading currency pair , one should have knowledge about the basic and technical aspects of trading . You must be updated about the news and views related with the currency pair that you need to trade . You must always check the trend line and chart to estimate the currency behavior at the end of a day or week . If you do not do so your trading will be turn into gambling which will not ensure your certain outcome of trading .

i agree with you. Before beginning exchanging money pair , one ought to know about the essential and specialized parts of exchanging . You should be refreshed about the news and perspectives related with the cash pair that you have to exchange . You should consistently check the pattern line and graph to assess the cash conduct toward the finish of a day or week . On the off chance that you don't do so your exchanging will be transform into betting which won't guarantee your specific result of exchanging .

[benazier]

Right you are . Before starting trading currency pair , one should have knowledge about the basic and technical aspects of trading . You must be updated about the news and views related with the currency pair that you need to trade . You must always check the trend line and chart to estimate the currency behavior at the end of a day or week . If you do not do so your trading will be turn into gambling which will not ensure your certain outcome of trading .

[maksibanu]

before trading The first step is to look for would know where the price goes these days, where the trend that we must follow to get to this day, if already know where this trend goes the day we begin to read the analysis pundamental if there is important news about the economy will occur mainly usa, if there is we have to keep an eye chart is in accordance with the course of our analysis with the news that if no then we take one hundred percent is tenikal in trading today, that's all right for us to use then we immediately make an order according to the current trend and we allow trading until touched or moved tp SL do not we open the lid until it is completely open position and closed by SL and by the order and we do not we do our daulukan akhirkan position because I wanted a nice profit but let sl and tp which will close our trading position.

[kuda]

By having fresh mind before trading is useful because it more easy to make analyze and research to determine the trading plan for a day or for a week depending on our needs. Fresh mind will make us relax and no pressure involved. yeh forex trading karne walo pe depend karta hai ki kiase ve forex tradng kare .jo bhi trader sari studies karne ke bad trading karta hai sse forex me sabse zada fayda hota hai aur mujhe lagta hai ki har trader ko market ko samjhna chahaiey aur market ke hisab se hi trading karni chahaiye