What to do before trading ?

[lilorusdi]

Before starting the trading we have to planned every thing about the daily work and we can make ready the backup plans also, if our trade fails in the market then that time what we should do for getting recover. It is very important the back up plan.

we must take into account the risk in building a trading plan is perfect, it would be nice too perfect trading plan That do not advance the ambitious to get more profit, that the perfect trading plan where we can set the level of risk and we are expected to always learn our trading system.

[sammy]

i dont really feel like asking experts about how a pair is going to behave in coming days. but yes you are right one should know about the technical and fundamental backgrounds of a pair before start trading it..thanx.

[ayakcalysta]

Relax and clear your mind first before you decide to open position and make sure you have done about your technical analysis well. So when you feel confident about your analysis and about the price movement, so that is the time you enter the market to dance

indeed sir, I agree with your opinion that before we open up our positions in the trading business, we need to first calm the mind and body condition in normal circumstances. so that we can rest easy in the trading business.

[yoryo]

agar aapko lagta hai ki aapme market ki samjh hai aur aap trading ache se jante ho, technical aur fundamental ko ache se samjhte ho to aapko khud ke analysis pe hi bharosa rakhna chahaiye aur kanhi bhi kisi bhi dusre trader ki baat me nahi aana chahaiye

[monkedelofi]

Before you start trading any currency pair, you should very well know about its fundamental and technical aspects. You must read all analysis, all news related the currency pair you want to trade and its forecast behavior for the day and the coming week.
You must do proper technical analysis yourself . Or you can follow technical analysis from some experts to decide whether you should long or short that currency pair. In my opinoin trading without any prior analysis is like gambling .

me koshish karta hon ki har bar trading se pehle market ko smajh saku aur pair ke trend kp samjh saku uske baad hi trading karu
forex me trend ko samjhna bahut zaruri hota hai..trend samjh ke trading karne se hamesha fayda hi hoga....

[miketega3]

before we trade our trading goal should be to focus on the trade we are about execute our trades with efficiency and to judge only that. you need to commit how much you are will to risk on that particular trade always put you stop loss

[sujarman]

be prepared well in advance of trading, you must know and understand the workings of a system or strategy you use, make a clear plan in detail, review the schedule or the economic calendar has a strong impact on the currency pair price movement on that day . and do not sleep when you're trading!

I just added it, karen mostly on this forum the same thing but with different words but one purpose.

Tips to become a FOREX Trader Reliable
► Do not be greedy and not want to get rich without taking risks. Because the FOREX actually is a Business Opportunity that requires patience, perseverance, skill in analyzing the market, looking for opportunities, and risk management. The more you practice, you will be more adept at analyzing the market,

► Not knowing the word REGRET ..!! Whatever decision you make, it was the best decision at that time, no one knows what kind of future. ("Oh .. try earlier in CUTLOSS yes. '" Ah dear, try dibiarin wrote earlier. "" Blah .. blah .. blah .. blah .... ") Remember .. the money you've burned, forget it.!

► Control of Emotions ... If the profit should not be considered, consider it a matter of course, if Loss soon forget ..

► Not afraid to fail and to learn from failure. If you fail without ever learning how to fail .. "Forever you will fail." (If Loss Loss MUST learn how to, why, what exactly should be done, look for how to solve it, Keep it to myself. Do not Repeat the Same Mistakes.)

[Mr 92]

Before you start trading any currency pair, you should very well know about its fundamental and technical aspects. You must read all analysis, all news related the currency pair you want to trade and its forecast behavior for the day and the coming week.
You must do proper technical analysis yourself . Or you can follow technical analysis from some experts to decide whether you should long or short that currency pair. In my opinoin trading without any prior analysis is like gambling .

be prepared well in advance of trading, you must know and understand the workings of a system or strategy you use, make a clear plan in detail, review the schedule or the economic calendar has a strong impact on the currency pair price movement on that day . and do not sleep when you're trading!

[i7ssan]

Before you start trading any currency pair, you should very well know about its fundamental and technical aspects. You must read all analysis, all news related the currency pair you want to trade and its forecast behavior for the day and the coming week.
You must do proper technical analysis yourself . Or you can follow technical analysis from some experts to decide whether you should long or short that currency pair. In my opinoin trading without any prior analysis is like gambling .

me koshish karta hon ki har bar trading se pehle market ko smajh saku aur pair ke trend kp samjh saku uske baad hi trading karu
forex me trend ko samjhna bahut zaruri hota hai..trend samjh ke trading karne se hamesha fayda hi hoga

[satishfx]

only 10% traders are successful in fx trading and reason is they check properly before entering the trades. U must be aware of news timings and know the contents of news. U must check all supports n resistance levels in different time frames before entering a trade.Then u can also join gang of 10% winners.