Before you start trading.

[garmink]

I totally agree with you. Before starting trading we all look on to those things very carefully. If you dont know the basics about forex trading, then you will never do well in forex. So i always try to learn any new items about forex to enhance my ability to trade in forex.

[kalulu]

Before you start tradeing there are one or two things that you recommended to do there are more than one thing that you have to make sure you tradeing that and silent and clear environment

[mnouman32]

Very thanks to all of you to increase my knowledge about forex. very thanks to share useful post. it will help me about work on forex market.

[Sara Khan]

yes you are right these all things are very necessary to understand and learn before start trading in forex market because without having good idea about these steps we can not do better trading all the time..

Good trading activity was relatively will consider every risk and reward are balanced, actions like this could actually give us the opportunity to achieve success in the forex market, which is the relative success according to our needs and expectations, so as traders we must capitalize on every time and the opportunity we have

[mark48]

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

yes you are right these all things are very necessary to understand and learn before start trading in forex market because without having good idea about these steps we can not do better trading all the time..

[hussain837]

well before you start with forex you should get into free demo account and you need to lear basic knowledge about forex if not you have to research in about forex and study. Then you can start with real account.

[nmps]

friend pips in simple word you can say points....like we say say 5point up/down if forex we say 5pips up/down
leverage in simple word- multiple you money ex- if you have 10$ and you choose 1000 leverage then you 10$ able to control 10*1000 market movement.
and if you want to know more then first you go ******** for learning all basic about forex..

Thanks dear, Its very useful for me

[Sara Khan]

you are right each trader should think about loss and profit and strategy to cope with both of these before he open the trade if he want to be a success if he does not do so there would be more probabilities of losing the money in the trade which is unplanned.

true, every forex trader is strongly advised to manage any gains and losses, forex trading because it is closely connected with the management, if we are able to manage trading activities as well as ourselves, then we will get a lot of comfort in the relative time of trading activity

[alexis12]

you are right each trader should think about loss and profit and strategy to cope with both of these before he open the trade if he want to be a success if he does not do so there would be more probabilities of losing the money in the trade which is unplanned.

[dont ban]

Everything that is needed before deciding to trade should be prepared. In my opinion, good planning is essential. Do not do Trading without a plan. Good planning should include several conditions. Suppose conditions sideway, planning should be different from the Trending. The more planning the better, although it would make itself to be slow in decision making.