Before you start trading.

[ishvara]

Before anyone could start trading in the forex currency markets, it is right that they first learn the demo accounts for 2 - 3 months. After that, when they feel it is comfortable, they can now move to the live accounts in forex trading.

[S A Sani]

You said good enough, before trading it is too important to maintain some rules. if you are able to maintain the rules like, watching chart, choosing currency, target set and so on. then your trading risk will too low. cause you know the real system of trading. and you did the formalities of good trading.

[ms1691]

the best id the leverage...leverage should be in the limit not in the manners of the openly...the stragies will makes at the time of the business..what kind of a business how its works.....and the investments although depends on the nature of the business...the profit management is that the more investment and the more profits....the money management is the most important strategy og the business....

[forumripan]

I have no idea about leverage. Please tell me something about it.Thanks.

[vallen]

dear members before start trading in forex u must take the points bellow on ur calcuation

1> how to use leverage
2> what strategy he will be using to open trade.
3> what strategy he will be using to to take profit and stoploss.
4> How much he want to invest in single trade
5> Last but not least What kind of strategy he will be using for money management

I think if you have been trading for any period longer than a month, you may have learned a thing or two about yourself, the market, and human behavior so you can be more experienced with what you have felt until now

[masudrana]

We must learn about Forex market and gather knowledge about treading. We need to know the trading rule and discipline. Knowledge is the key to successful trading. We can learn from forum, e-book then had to be a lot of practice in demo account. We should learn important things such as lot sizes, take profit, stop loss, margin call etc.

[Engr68]

Before you start making trades you should get familiar with charts and how they work. It is a good idea to get familiar with the different time frames and the different types of charts. The shorter time frames will give you an idea of how the market is moving minute to minute. The longer time frames can show you how the market moves over longer periods and will show the larger trends.

[tareqbmw01]

Hello,the best way of before forex trading you should learn firstly baby pips and should use it in demo account.it gives several important things such as lot sizes,different spreads currency pairs,take profit,stop loss,pending order,margin call.many ways to learn forex deeply,forum posts is the best way to get enormous knowledge about Forex.besides it the trader can get a good information with simple thing with just open the forum here and then they will take some actual and the latest information from the others and then they get some bonuses too..

[mashiur123]

the intending trade should first of all the materials about forex than you can lay your hands on. you should learn about the dangers of trading Forex as well as the benefit so that you can decide if Forex is what you wants to do or not.

[blitzkrieg]

before we start trading i think we must have a clear mind first because if our mind is not clear then we will not be
able to make a good trading decision and bad decision in forex market means losing money. of course we don't want to lose money...