Thread: Before you start trading.
Always follow your strategy or plan that you have for trading before trading. That is all you need. If you don't have a trading plan then its better to make one. Trading without a trading plan is like going for a battle without weapons. You won't do that in real life do you?
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.
First, you must know before the gain and loss, which can derive from the transaction, to calculate the so-called (spread) and is the number of points the difference between the sale price and the purchase price, for example the Euro dollar spread is frequently 2 pips, take them both Broker won or lost the deal, so you must add up to spread the number of points calculated profit or loss
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.
with the target 300 pips per month I think it's very risky at all if the capital is still small and we use less to get the best position of trading that we run this, so take a few plans that are suitable for our run and we better fix itOriginally Posted by anmorasi
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.
Determine the purpose of your trading your trading objectives e.g.. i.e. amounting to 300 points / mounth, then you must determine how the patterns of your trading future, could swing, day trader, or scalper
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.
All these are the basic requirements that every trader should be well award, A trader who do not know how to deal with high leverage and how to manage his capital and risks can not survive in this risky market. So always be well prepared before entering this market.
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.
thanks for the post, wat if i may ask. how can one determine de laverage as a beginner in forex trading business. my next inquire are what are the strategy that are involve in difference leverages as you stated above? and what are the major risk one should avoid while choosing lavereges? waiting for you more of your explanation
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.
In my humble point of view i think forex trading can be best learnt my reading comments in this forum,this is my 2nd day in this forum and i have learnt a lot by reading my friends comments.Here are a use of lots of terminologies used in this field.Starting with a demo account is also a very good idea.
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.
For me I use a strategy Scalping
I do not know why I do not like any style of trading is scalping hate deals that last for hours and days do not venture more than 5% of the capital
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.
Yet do I start racing in trading using leverage to finance a best suited to the size of my capital, which trade on it and do I make an unprofitable strategy, which maintains capital
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.
before start trading be careful about the leverage and lot size.if you are a beginner i suggest don't trade with high leverage and lot size.proper money management is must keep concentrate on this things
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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