Forex trading requirement must know all!!

[aarti]

yes friend i am agree with you . money management , analysis , leave emotion , control ourselves etc are most important factor in forex and without its its not possible to becoem successful . there is one day it may profit without such but one day there will be very high loss if we dont follow rules.

[aarti]

yup, demo account not also usefull for newbie trader. but a expert trader also
when a expert trader want to test their stratgey, certainly they will test on the demo account.
the other useful is to test backtesting our Expert advisor.

[zeshan]

very nice post brother it is the information for the new traders who don t now about the rules and regulations of insta trading it is useful for that thanks for posting

[tashnotashi]

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.

main to yahi janta houn k app ko ager forex trading seekhni ha na to main app ko yahi kahoun ga k app forex trading main knowledge or experince sab hasil karo es k bagehr app forex trading main kabhi bhi kamyab nahi ho saktey hen

[vanigota]

even is very good when we are cant monitoring our trades.
with stop loss adn take profit, we can leave the chart and still wait for the result. and certainly we are hoping the position will touch the Take profit, but if touch the stop loss is no problem because we able to accept the risk

[vanigota]

have a bad fate when i using a low internet connection. at the time i has trading and my position is affected by high news and i get floating minus to much. on the way i try to close the postion by manual because im forget to set my stoploss. the metatrader only show requote, requote and requote.. im so tired for it.

[hitesh]

These are all basic needs that we should have if we start trading forex.So never start forex when you have not better knowledge about it and try to be calm while trading.

[hitesh]

Right if there are traders who do not know much about forex then he/she should copy trading orders from experts that are making real orders and they can easily get profits without knowing any thing about forex.

[rahulsagar]

We can make strategy and do analysis on demo account.Its better to test first your analysis on demo account then trade on real account till you are making consistent profits.

[vanigota]

I also think if you learn and practice in demo account then you get good experience. Because demo account is like real trade without real money. So i think demo account trading is very good for a newbie trader to get experience.