Forex trading requirement must know all!!

[siddesh]

well i dont think so that we need to have even 1gb ram also.insta trader is a very small app and it doesnt require very high requirements.a normal computer with good configuration and net speed of 512kbps is enough to do a pleasant forex trading.

[zdaina]

i already have all this but i don't the most important thing "time" because i work all the day , and i can only trade when the market is almoust open or closed . so i don't make money i only watch the chart in few second and i go to the bed to make some sleep.

[siddesh]

actually if you only do a manual trading with a pending order strategy that have SL and TP, the low connection internet will still do it. It's another story if you're strategy is using scalping or breakout strategy, of course it will need a fast internet connection. what i meant here was, that fast ineternet connection is not a MUST for every traders. they can adjust according to their strategy.

[fxquest]

The main thing that we all need to know and understand is that this is a very risky market and thus we have to start with a small capital until we are able to develop the ability to succeed.

Surely this will take the time and the knowledge but it will be a rewarding experience in the end. Also we have to think in the terms of the overall returns on investments.

I agree with your view until we are experienced enough it is better to trade with small capital, the smaller the capital the smaller the risk as we cannot lose more than our capital.

[niteshforex]

The main thing that we all need to know and understand is that this is a very risky market and thus we have to start with a small capital until we are able to develop the ability to succeed.

Surely this will take the time and the knowledge but it will be a rewarding experience in the end. Also we have to think in the terms of the overall returns on investments.

[clickme]

As strong knowledge as can profit you more. so keep learning and trading more and more first in demo account, at a situation you will discover that you know enough about it, then go for live trade and I think you will perform better that time.

[Morshedul]

Yes forex is a good market to earn money. But before start trading in forex, you must learn additional information about forex trading. From e-books, you can easily learn basic knowledge about forex. From you-tube, you can also learn forex. It is very important to learn something new from forex experts. So find out someone who is expert in forex. Practice in demo account is must for forex traders. Because without this, you wont get practical experience.

[kamrul10]

@sayem, aapne bilkul shai baath kaha hai,agar e do cheez nehio hota to earn karna impossible hai.business hai,loss and profit to hota rahta hai.lekin hum log ko trading performance pa dheyan dena hoga.

[sayem]

I think Forex requirement hay Forex ki knowledge or skill. agar ye dono nahi hoga to Forex business impossible hay. or ve kuch basic requirement hay emotion control, demo se practice, capital ke against trade, low risk leke etc.

[muhammadfarooq]

forex trading is much better business if you want to be invest less capital but need to be learning forex trading strategy, good planning , indicator's and other element to get the profit.