Before you start trading.

[amit khanna]

the points to be taken care off has been highlighted by you properly.use of leverage,stop loss,trade profit.how much to invest in single trade then the money management and emotion control are vital elements to analyse and viewed first.

[rebate lover]

Before Starting everone must understand that currency trading does not take place on a regulated exchange and not controlled by any central governing body, there are no clearing houses to guarantee the trades. All members trade with each other based on credit agreements. Essentially, business in the largest, most liquid market in the world depends on nothing more than a metaphorical handshake and Highest risk is involved in it.

[ryandwi]

Absolutely by using try and try could make you successful to be able to comply with the retail price moves from the fx. While using style that him and i implement may manage some of our route prior to that likely. Look wonderful we ought to complete the correct elements in the correct occasion..

Before start trade you will confirmed that your leverage. What strategy you will be using to to take profit and stop loss. Firstly learn baby pips and knowledge about demo account

[Md. Mominul Islam]

Currency dealing you should understand first of all child pips and should use to trial consideration . its very experienced things for investors and new investors it will be very valuable.

[Gaurav Singh]

before starting the treading we can learn about the pips and then after we can start the treading.....with the help of the baby pips for the demo treading.

[suzonbmw03]

Dear friends i am a newbie so i don't know anything about Forex ,so please explain what is pips, If you�ve traded for any period longer than a week you�ve probably learned a thing or two about yourself.

[amit khanna]

thanks,all the points to be successful have been addressed by you,if a trader takes care of these points he is sure to win in forex market.how to use leverage,what to see while opening a trade,how to use stop loss and trade profit,how much to invest in single trade and how to do money management.all good points.

[shamim1611]

Before starting the trade, it is the duty of every trader to know the hidden points
Points to be remembered by every trader while selecting a call provider

1. Risk/Reward ratio - Profit should be atleast 10 points more than SL
Reason : If your provider gives 20 pts SL and 20 pts trgt, then in case of loss ur loss is 24 (with brokerage) and in case of profit it will be 16 (with brokerage).

2. No. of targets - No. of targets should be only and only 1
Reason : If your provider gives 2 or 3 targets you do not know where to book though "Trial SL method" is recommended (sites will be updated with highest achieved targets but it is never possible to predict the high)

3. Price Deviation - Price should not be more than 3 pts difference while you get the call

[jjj2]

Good post . Your points are very important and informative . I will see these points carefully before start trading because I don't want to lose my money I want to earn profit in my every trade even very small .

[zahira]

We all simply need to start learning the forex currency trading markets before we start the live trading. Learning could be done in demo accounts, ebooks, online learning sites, webinars and forex forums.

Demo acc before get in real business, As money is virtual w e won`t be able to get in the serious way so i think better will be that a trader if use the cents account .so practices and get good result later in real trade.