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Thread: Tips for beginners to learn forex.

  1. #108
    Member Aguntok is an unknown quantity at this point Aguntok's Avatar
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    i am also a beginners i forex trading and also i got some tips about that. likes that knowledge of what i want to do with forex , why i chose that, deposit, learning from pipslogy etc.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  2. #107
    Trusted Member malik will become famous soon enough malik will become famous soon enough malik's Avatar
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    This is very basic information that every trader should have, and no trader can move ahead without having such kind of information about the popular pairs being traded in the Forex market.

  3. #106
    Member karlie4nia is an unknown quantity at this point karlie4nia's Avatar
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    This may be needful to several newbies. This would be the theory aspect of trading. For newbies to advance in this studies of trading, i would rightly advise them to do more research to find out better for themselves. Most importantly, they need to practice whatever it is they may have learned from their research. Practice trading is the key, when you keep practicing you some time come up with a trading system or strategy that you can fully put to test and begin to trade it. One must then learn the trading virtue of discipline to be able to enjoy the benefits of a working trading system.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  4. #105
    Senior Member newentry is a splendid one to behold newentry is a splendid one to behold newentry is a splendid one to behold newentry is a splendid one to behold newentry is a splendid one to behold newentry is a splendid one to behold newentry is a splendid one to behold newentry's Avatar
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    Quote Originally Posted by william88 View Post
    I agree forex is two way opportunities,we can get profit when the price go up,or go down..
    but try to predict where the market will go is very difficult.thats why we shoul have good strategy..
    and for it we need to increase knowledge , we need to have good preparation for it and this is the way to stay at this business for making profit,
    and we know that, we came here for it, so learning and practicing are a must for us
    do the best we can

  5. #104
    Banned gandhi is an unknown quantity at this point gandhi's Avatar
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    yes in my opinion is better for beginners to learn the basic forex system first, and then be able to learn in a demo account for a few months after having a good trading plan to try the real account..

    good luck

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  6. #103
    Banned Rak will become famous soon enough Rak's Avatar
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    Quote Originally Posted by sokcool View Post
    FOREX Trading or better known as the Foreign Exchange (Foreign Exchange) is a type of trading / trade transactions that a country's currency against the currencies of other countries that involve major financial markets in the world for 24 hours continuously. Given the level of liquidity and price movement of a high acceleration, Forex trading has become the most popular alternative because the ROI (Return Of Investment, or the return value of investments that we have planted) and profit to be gained could exceed the average trade in general (usually mean- average return is about more than 5% - 10% per month, though it could reach more than 100% per month for professional traders).

    What currencies are traded?
    That is all world currencies that have a high selling power. Example: USDollar, Yen, Euro, Franc, Pound Sterling (GBP / USD, GBP / USD, USD / JPY, USD / CHF) and others.

    How to process transactions?
    What is a "Buy / Sell" in the foreign exchange market this? On the stock exchange is you can buy or sell currencies are traded. Objective is to gain profit or advantage from the position of the transaction you are doing.Example: if you are buying (BUY / Offer / Long) of a currency and the currency price movement proficiency level showed a significant increase in graphics, then you can take advantage of these price differences to close your positions, and vice versa if you do sell ( SELL / Bid / Short) and then the currency price movement charts have decreased, then you can also take advantage by closing the position you are selling.

    Is the FOREX is "Two Ways Opportunities?
    "Yes! Transaction in FOREX can be done by way of 2-way in taking advantage. BUY (buy) first, then covered with a take profit Liquid SELL (sell) or otherwise to SELL (sell) first, then covered with a take profit BUY Liquid (buy).

    How do I calculate my transaction results in the FOREX?
    Here is how: For the FOREX against the USDollar currency there are two main types of Direct and Indirect

    Example:
    Direct: GBP / USD, EUR / USD, AUD / USD, etc. (just a ... / USD)Indirect: USD / JPY, USD / CHF, etc. (USD / ....)And for the calculation: Like we start trading Forex with an initial capital of U.S. $ 5,000 (regular account), then the way our transaction count is:

    For currency Direct: for example, we trade in the species account regular Forex then we have input quantity contract sizenya = U.S. $ 100,000 and we do Buy in EUR / USD at position 1.2000 and then at the close Sell (take profit) at the position of 1.2010, then we will profit for: (1.2010 - 1.2000) x 100 000 = $ 100 (profit) or vice versa if the loss is the same calculation.For currency Indirect: for example, we trade on the account type regular Forex then we have input quantity contract sizenya = U.S. $ 100,000 and we do Sell on USD / JPY at positions 110.10 and then at the close Buy (take profit) at the position of 110.00, then we will profit for: (110.10 - 110.00) x 100000) / position = $ 90.91 liquid 110.00 (profit) or vice versa if the loss is the same calculation.
    So much explanation so simply that even a raw men who have not heard of Forex before this can understand all about Forex so easily, we new bies who know some little about Forex will become very much clear about various concepts about Forex.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  7. #102
    Member barn is on a distinguished road barn's Avatar
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    eliminate the mindset that considers all forex is a business that will make you rich quick, because this will actually bother you in managing it well. most traders MC and frustrated because of this.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  8. #101
    Senior Member kobhokhan is an unknown quantity at this point kobhokhan's Avatar
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    that good post, many theories or trading strategies can we learn as our fundamental knowledge in trading, but they will be back on ourselves that determine success in forex trading, because teory will be successful if it is supported by a good workout and the psychology of trading are good also.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  9. #100
    Banned gandhi is an unknown quantity at this point gandhi's Avatar
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    yes in my opinion tips is better for beginners to learn first on a demo account for a few months so that you can trade well and wisely so the next trading on real accounts to profit consistently.

    good luck.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  10. #99
    Senior Member zihan6500 is an unknown quantity at this point zihan6500's Avatar
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    This thread is very informative.But i don't think so that who are now experienced in Forex had professional guider when they were first trading.Because it is business,here you can find news but not the full guidance.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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