What to do before trading ?

[shan]

Before starting any activity in Forex it is very essential to have greater understanding of fundamentals and tehnical analysis because they are considered a great tool to start any business activity successfully. If you want to earn profitably then you must have the knowledge and understanding of the technique and skills of the business activity. Otherwise the chances of success are rare...

[alimulislam53]

I worked in a It firm before start forex trading trading .

[lights]

What to do before trading ?
before trading i work ppc site.

ppc? pay per click? whether such work is still there today. I've never done a job like that too, but only a very little money every day. So I no longer do so. profit from trading so much more.

[abdulahi]

my dear forex trader ,forex is not a gamble thin that someone can believe on luck you have to develop your seilf well be a good analyses on market before you make any entry place your stop loss where is suppose to be and take profit as well

[nurhidayah]

You can capitalize on these correlated pairs ( and correlation trading in general) to make more money than you have ever made before trading the FORX.

trade that we may understand that whatever becomes of our activities to meet every standard of the best material for us to meet any of what obstacles we will face from the trade that we might see the impact of each of us understand the form of ordinances and trade procedures themselves

[alamFX]

You can capitalize on these correlated pairs ( and correlation trading in general) to make more money than you have ever made before trading the FORX.

[gandha]

prepare the analysis correctly.make planing money management and that should not be forgotten is preparing a strategy on what to do if you have a minus or prices move opposite to the order

[rana157]

trading karne se pehle ap ko sb se pehle mently prepaird hona chahye.
phr ap market ko tuch karen ke market kahan ha or kahan tk posibilty ha jane ke.phr ap news ko parhen is ke bad he ap
trading lgayen.otherwise ap apna loss kar sakte han.ye depnd karta ha ap ke zahanat pe be ke ap kis tarah se analyas karte han market ko.
ap market ke hasab se he trading karen.trading se pehle graph or report ko read karen.ap aik ache trader ban sakte han is tara

[kubi]

kisi bhi kaam ko krne se pehle us kaam ke mutalik proper knowledge hona boht zrori hai forex trading ma trading krne se pehle is ke mutalik proper knowledge hasil karen or demo accounts boht sari practice honi chahiye.

[forexstudentforever1]

Hello everyone, Here is the list for the most important things that we should check daily before deciding to trade forex. Daily Chart - Looking on a daily chart will give us a hint what was happening on the currency pair we choose. Check if the pair was near support and resistance so we can trade accordingly, Buy at support and sell on resistance. Check also on the daily chart if there is a big chance of breakout or reversal of current trend so we will not be trapped and we will avoid big sudden loss. Economic News Release - Everyday for 24 hours a day, News only vary on its impact from low, medium to high. Being updated to the news release schedule, we can avoid or take the chance to ride the waves and volatility of market. It is very important to know what kind of news are going to release in few hours specially for the scalpers that are entering big lot of trade and few pips target. High Impact news are very risky for scalpers due to too much volatility that can cause sudden increase or decrease of price. We should also be aware of high impact news release for 3 days ahead because sometimes the market sentiment prevails before the news was release, moreover, when we expect for big movements at the time of news release we are already too late to ride the market. Plan your Trade and Trade your Plan - 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.
Thanks.