Forex trading requirement must know all!!

[YJSP]

Ever wonder why a lot of people still fail in forex though the great profit opportunities in it. This thread will do justice to this and ensure you do not fail anymore.
As much as forex is a lucrative job so also it requires some equipments tools and strategies. if you have decided to be a forex trader or still want to be one, you need a stable and good internet connection. this goes a long way in affecting your trades as if not executed on time due to poor network will result in a loss. you also need a computer with ram about 1Gb, processor speed of not less than 1.5 GH. Ensure your hard disk memory is about 35 to 40 percent free. a good and stable source of electricity for desktop computers, many developing countries are still lacking in the area of poor power supply and to be successful in forex you either get a laptop or a good power source. then comes the educative things you need to succeed in forex. search for educative articles and books that can teach you the psycho, strategies and skills of forex trading.so learning forex will be the good opportunities for u making money.

In fact, for many traders that have no mentor, they should have a longer time to lose, that is sure, because they will change himself in this process to become more serious on market analysis, not just to assume; they will become serious on the money management to trade his account, after this process, he will find his way.

[anubhavsingh]

actually we can learning by doing using demo acct. so it seems need much time if we require to know all about forex market then we doing trading.

demo account abhut useful hota haio forex traders kel iye
demo account me trading karne se aapka dar khtam ho jata hai aur aapko forex ki achi information mil jati hai
demo account har trader ko karnma chahiye

[preetksgill]

I have a SuKam 1400 VA UPS with dual battery which gives me 18 hours of backup, the only variable is the internet connection, so i trade smaller lots which can handle a wide swing if the connection ever breaks down

[miracle]

actually we can learning by doing using demo acct. so it seems need much time if we require to know all about forex market then we doing trading.

[nikhil_rrane]

Yes, patience is one of the most desirable requirement in forex trading because without patience we can not trade well. It is the patience that helps us to control our emotions.

aapne sahi kaha ki patience hi bahut accha factor hain jo trading karte waqt bahut kaam ata hain. Usse apun emotiond ko control kar sakte hain. Dusri requirement ye hain ki he have capabilities to place target and stop put level for his trade.

[speedy]

whatever it is only patience that will bring us to a success
because the premises of patience we will be able to control the emotions of trade that we face

Yes, patience is one of the most desirable requirement in forex trading because without patience we can not trade well. It is the patience that helps us to control our emotions.
One more important requirement for forex trading is discipline, if we follow the rules of forex trading with proper discipline then we can become successful traders.

[netra]

whatever it is only patience that will bring us to a success
because the premises of patience we will be able to control the emotions of trade that we face

[netra]

Forex is an amazing source of earning money but it require lots of hard work and dedication..
If any one wants to enter in this market, he should fulfill all the basic need required by this market otherwise he will ends up in loosing all his money..

[waheedpcc]

yes brother its true but to prevent huge floting loss its better to set SL always which cannot make us depressed . before so may time i faced such but now always putting sl and tp and just waiting how my analysis its hit the tp ot sl .

i think that risk lene k b koi solid reason hone cahaye or jeb st bohot jiada worth mein ho to lot size chota hona chahaye ya pher hedging style le lena chahaye to is apki equir mahfooz rehti ha
Han or st ka faida ye aik ager in case ap ka comuter hang ho jae to st ap ko loss ko limited he rekhta ha

[vikas]

yes brother its true but to prevent huge floting loss its better to set SL always which cannot make us depressed . before so may time i faced such but now always putting sl and tp and just waiting how my analysis its hit the tp ot sl .