Forex trading requirement must know all!!

[hetal]

ek dam sahi kaha aapne. par new trader pehle ye soch ke nehi ate forex market me. sabhi sochte he ki forex yana paisa. agar koi sacchi dedicated ho to wo forex me jarur kamayega. bas sikhna hoga.

[chintan]

ha isliye sl and tp dena jaruri he. agar power cut ya net problem ho to bacha ja sakte he.aur ek chij hei wo he time. forex me agar time na diya jaye to kuch nehi hoga. time is very important in forex.

[ketan]

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.

[realfun07]

Actually to learn forex its need so much time and if anyone realy want to learn forex then they have to passed long time and without patience its not possible because there is no shortcut way to achieve learning about forex which need so much practice to make man perfect.

Any trader must understand that there is no short cut to success in forex and in order to be successful a trader must do all the hard work and focus on constant learning and must not leave any loose end.

[vikas]

Actually to learn forex its need so much time and if anyone realy want to learn forex then they have to passed long time and without patience its not possible because there is no shortcut way to achieve learning about forex which need so much practice to make man perfect.

[rakesh]

Absolutely correct . patience need to become success because its not come so easy and to achieve such we need to hard work for learning and education . anyway if we able to live long in forex then sure our experience level grow which help us more to servive long time in forex.

[nikhil_rrane]

The most important thing you have to know about the forex is that when you have to enter in the forex market trading then you must have to do study of the forex so that you will get the prime knowledge and after that you have to learn the things day by day.

[balakalimuthu]

Where most of the traders lag in following the plan/strategy. Learning is easy for everyone and investing a sufficient amount is also possible for all who want to trade. But the biggest problem is sticking into the plan. Most of the trader forgets their predetermined ideas and think in market hours for entry and exit. Only calm mind can think smart. Under pressure no one can think wise...

[anubhavsingh]

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 .

aapne thik kaha bhai
stop loss ek aisa tool hai jis ki wajah se aap apna loss ko limited kar sakte ho
jo lg stop lsos ka use karte hai unek account me margin call nahi lag skati kyunki money management ka bahut important part hota hai stop loss

[realfun07]

yes every broker has different method of payment so you have to choose which is suitable for you. but it never hard to find out a good broker that is easy and also there are not too many forums so just this forum is good one. so in forex you may not have much requirment just money for investment and that is it.

A trader must be very careful while choosing his broker as he must make sure that the broker he chooses does not create any problem at the time of withdrawal when traders make profits and want to withdraw it.