FOREX Trading - 5 Tips For Success And Bigger Profits.

[zendepatil]

i think five tip is following
dont depend upon any one
,dont trade when market is volatile
,trade when you are confidence
,trade with stragey,
believe your self

[dareking]

Tips kafi useful hai bhai, inko read karna bahut hi jaruri hai, aise tips se aksar trader ko kuch na kuch sikhne ko mil pata hai bhai, trading mein tips bahut kama deti hai trader ko kafi kuch sikhati ha bhai.

[forexlive]

bai saab ji es kam mai app ne jo 5 tips bata ee hai wo v theek hai magar app es kam mai sab kuch tabi hasal kar sakte hai jab app es kam mai hard work karte hai es kam mai best trder big profit nai samll small profit earn karta hai fer hee wo es kam mai acha paisa kama sakta hai bai saab ji forex ek acha bussiness hai hum es kam mai acha paisa kama sakte hai fer app apne sabi dreams ko compete kar sakte hai bai saab ji

[rizwan009]

1 Trend ko follow krna becuase trend is your friend
2 Moneymangement sey trade krna
3 Small lot use krna
4 greedy mat krna
5 every day trade mat krna weekly bse per trade krna

[Qurat]

yeh tips buhat zda achi or informative hain jinhain parh k buhat say beginners ko or newbies ko faida hasil horahay hai.. kynk buhat kam he successful or senior members hotay hain jo apnay experience ko share kartay hain dusron k sath..

[forexlive]

Found this in one of the web pages, thought posting it could help a few newbies like me out there


Learn FOREX Trading - 5 Tips For Success and Bigger Profits

FOREX trading means putting in effort in the right areas, the problem for many novice traders is they listen to a lot of commonly accepted wisdom that simply ensures they lose.

When learning FOREX trading follow the simple tips below (many are NOT Accepted wisdom) but as the majority of traders lose that's no bad thing!

Here are 10 tips to help you learn FOREX trading and be successful.

1. Don't day trade

Perhaps the biggest error made by novice traders is to fall for the myth of day trading.

The reality is you will NEVER Make money long term and the odds are stacked against you.

Why?

Because all short term volatility is random - if it is you will never get a trading edge.




Don't believe me?

Then ask a day trader for a real time track record (not a hypothetical one) and see if you get one - you won't

2. Success means doing it on your own

Leading on from the above many novice traders think they can learn OFREX Trading by buying an e-book for 100 dollars and it will give them success.

The reality of course is if it were that easy a lot more than 5% of traders would be successful.

The only way to learn FOREX trading is to do it on your own.

3. Use a simple method

The best method to use is a breakout methodology using support and resistance and just a few confirming indicators.

Many novice traders think that learning FOREX Trading involves highly complicated methods - It doesn't.

Simple methods are easer to understand, apply and more likely to succeed - as there are less elements to break in the real world of online FX trading.

4. Discipline

You will hear this is one of the most important traits to succeed in online forex trading and it is.

If you have a simple method you understand and have confidence in, then you will acquire discipline and can follow your system through inevitable losing periods.

You won't do this if you use someone else's method or don't fully understand it.

5. Don't mix fundamentals and technical trading

If you follow a technical system - ignore the news you can't mix the two!

Sure those experts in the media tell convincing stories, but that's all they are stories and their more often than not wrong.

Trade in isolation with technical system and don't watch the news.

6. Don't tick watch

Many traders sweat all day looking at prices - don't.

It will upset your discipline and get your emotions involved.

Work off the closing price of the day and set your orders for the next day and ignore all intra day moves.

7. Money management take calculated risks

Most novice traders try to restrict risk so much they create it - by placing stops to close, or moving them to quickly.

Don't fall into this trap.

To win and catch the big moves you MUST accept that the markets will eat into your open equity and you MUST give the market room to breathe.

Learning Forex money management is as important as getting market direction right in succeeding longer term.

8. Work smart not hard

You hear a lot of accepted wisdom telling you that you need to constantly learn FOREX trading to be a success - RUBBISH!

Once you have a method your confident in that's it - execute it with discipline and don't put any more work in if you have a successful method your all set.

9. Be realistic

We all hear of traders making millions in a year from small stakes, but their not the norm.

If you could consistently make 50 -100% per annum, you would be up their with the best traders in the world.

Try and make money to fast in FX trading and you will wipe yourself out.

10. So what's your edge?

Before you start to trade online FOREX ask yourself the above question.

Why should you win - if 95% of traders lose?

If you can't answer the above question, your learning FOREX needs to continue until you can.

If you work smart not hard, get a simple method you understand and can apply with discipline and accept responsibility for your success, chances are you will answer the above question and make some great FOREX profits!

bai saab ji bikul app es kam mai jo five tips bata ee hai hum es kam mai acha paisa tabi kama sakte hai jab app es kam mai hard work se kam karte hai es kam mai jab app new hote hai fer app ko displine se kam karna chahi aa tabi app es kam mai acha profit kama sakte hai bai saab ji forex ek best bussinesss hai hum es kam mai apne sabi dreams ko compete kar sakte hai bai saab ji

[megatouchfx]

The tip in the forex market trading business is a good one and also trader need to have a good strategy to trade the forex market trading business and also have a good money management in the forex market trading business

[bhattipak]

these very usefeul tips it is really really full of important tips that are going to help me get a bigger profit i will read them and get motivated so i ca increase my profit level, they are easy and understandable thank you.

[sunila]

yaha par tips bhut hain bas humy follow karna ana chayay tou he maza hai yaha apr warna tou kafi traders yaha par best nahe rah sakty hain is leyay yai janna hamary leyay zruri always k hum yaha par bigger profit k leayy khud ko greedy sa avoid kary aur gambling sai bhi door rahy ta k ap ko kabhi problem na ho...

[fxearner]

success k liyay jo sab sa badi tip hay wo ya hay bhaiya g k hum es business ma apnay emotions ko control karna seekh la kyu k agar hum apni emotions ko control kar laity hay tu hum buhat kamyab rahty hay .

hanji forex me successful hona hai to trader ko yahan apne emotions ko jaroor control karna hoga,trader yahan emotions ko control karta hai to uske baad he wo ess business me achhe se sabb samajh paata hai..