How to get grip on forex.

[sind]

My experience with the forex trade is to start trading in micro lots using strategy with simple indicators even at he cost of incurring initial losses and making small profits. Read the charts of various timings with the same indicators and find the variation in interpretations. Later on changing over to more advanced strategies of longer durations . Discussion on the stratagies with professional trader immencely helps

[hend]

I agree with not using emotions in trading. because if we use emotion in trading, it will make us not be able to think well in making decisions. so it is likely that the decisions we take will also be a decision that is not good. therefore most likely to get a loss if we make decisions using emotions in forex trading. so we should really be menganalikan emotions well as trade.

[BaHaaFxTr]

if you want my advice so just listen to me , to be good trader you have to know thing first
knowledge + experience = wisdom so if you want to have the wisdom you have to never enough of knowledge then all you have to do is practice by your hand no direct tips just listen to your brain voice to make progress.

[Rak]

I am new to forex donot know much about it.but I am eager to learn much and fast..I joined forum to get advice from expert..tips to avoid much loss...

It is very difficult to have grip on Forex as I have been here for years but can hjave any idea how to have grip/practice and hard work are key to success on Forex .More practice will make you prefect and hard work will help to know more and more about Forex.

[haryadi88]

Many thanks on your posting. There are many experience people ready to help you by forum. Actually the posting is very important for all member. Forex is sensitive market, It is money making field. A man can easily earn o lot of money expend some time when he/she know the rules and discipline of the market. Always remember emotion is very bad of this market.

I am agree with you. FOrex trading is very high risk bussiness. ITs much better if we can minimizing our risk using stop loss on every trade we made.

[qkouarta]

I see that it would be knowledge you gain about forex markets and the experience you gain for trading that will help you to have a sound grip on trading forex, following pre-defined rules, risk management and a good strategy will be pre-requisites !!

[roopesh11]

Forex trading me apna grip increase karne ke liye hame daily demo accounts me practice karna padta hai. Is se hamara experience aur hamara confidence badhta hai. Hame har waqt apna knowledge ko increase karna cahiye.

[Rak]

FOREX MAIN fORUMS KA BAHUT BRA HATH HOTA HAI KOI KI IS MAIN HUME EK HI PONT PE BAHUT SE LOGE KE IDEAS MILTE HAI OR HUME KOI BHI BAAT SAMJANE MAIN BAHUT ASANI HOTI HAI. MUJE TO YAHA SE BAHUT KUCH SIKHNE TO MILA HAI.

[Prolific Entity]

There is no need to be in such a hurry when dealing with forex, in order to avoid unnecessary mistakes or losses. One must patiently follow and adhere to the fundamentals of forex otherwise there would hardly be progress.

[Jack]

For me I wish you a good start, in order to become a successful trader you must first learn and read about forex, then open a demo account demo, and practice it so well, then open a real account and trade it in small amounts !!

Right friend, demo trading is always favorite tool for Forex traders to make maximum practice and get grip on Forex. When trader have no clue what to do in Forex then he can use demo trading account to make himself comfortable in Forex trading before he start trade on real trading account.