Forex trading requirement must know all!!

[ahmedclup]

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Analysis can give trader good confident for trading. Trader can trader with good analysis and they have good chance to win. For new trader trader should need good education good practice and know how to control themselves.

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[uoufouad]

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Many things you need to learn all of the foreign exchange and analyze the price movements in the currency pair to live, has to be able to guess correctly. We all know this and act accordingly and I feel that takes care of the rest.

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[BOOKLOOK]

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yes of course... i agree if forex is the most risky business than other business in this world... because forex is the most liquid market in this world... we can generate a lot of profit in a minute if we can... but we can to losing a lot of money in a minutes also... so, that is function of money management... we can manage our profit and limit our loss...

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[fanforex]

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Every traders should know there limitations and trade accordingly without taking more risk than what they can afford in trading. We should learn to trade according to the money invested in the account trading skills we have to make correct entry and exit and take risk accordingly. If we get tempted from the other traders profit or the market temptations them for sure we will be under trouble.

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[bolingerfx]

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As beginners we cannot know all that is required in forex trading, but we traders can try our best to make sure that from time to time, we keep learning about forex and then become experts in it.

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[forexcube]

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when we are trading we need to have the good emotion control , we know that the forex is one of the risky business, if we are do not have the good emotion control it is possib le to let us got the big loss and then possible to let us got the failed here

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[fatahgood]

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actually if you only do a manual trading with a pending order strategy that have SL and TP, the low connection internet will still do it. It's another story if you're strategy is using scalping or breakout strategy, of course it will need a fast internet connection. what i meant here was, that fast ineternet connection is not a MUST for every traders. they can adjust according to their strategy.

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[ahmedclup]

"

Analysis can give trader good confident for trading. Trader can trader with good analysis and they have good chance to win. For new trader trader should need good education good practice and know how to control themselves.

"

[foxcandl]

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Many things you need to learn all of the foreign exchange and analyze the price movements in the currency pair to live, has to be able to guess correctly. We all know this and act accordingly and I feel that takes care of the rest.

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[pentkor]

For me, to know everything about trading is not compulsory. But, we must have atleast the basis of trade which is can support us to gain more income during trade. However, do not estimate that forex is easy to do. Need to try to do trade using demo account first.

I think we need more than basic knowledge, because knowledge is very important in forex business, knowledge will determine how we could trade. it is true that we need to practice in a demo account, with the aim of getting more knowledge about the market and trading conditions.