Forex trading requirement must know all!!

[rakesh]

If you want to be successful in forex market, make sure that you learn and practice properly then trading with discipline. Don't expect too much beyond your ability as it won't happen. And keep your desires within limits and never go beyond the limits of your abilities and account capital. It is the best advise for a beginner.

[kamla]

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.

[hiren]

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 .

[Jazpa]

Also demo account is mostly used for back testing the trading strategy which traders form after doing proper study and analysis.Also a trader can get familiar with the trading platform and use the tools as well.

Things are true to some extents my friend. Demo accounts are used by traders to get familiar with real trade. It is not possible to go for the real trade until we start trading in demo accounts. We can learn more and more about forex trade through demo accounts and when we get experienced, we can use demo accounts to test our strategies.

[kamla]

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.

[hiren]

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.

[nikhil]

In fact, for many traders that have no mentor, they should have a longer time to lose, that is sure, because they will change himself in this process to become more serious on market analysis, not just to assume; they will become serious on the money management to trade his account, after this process, he will find his way.

[nikhil]

Forex trading aisa business hai jisme humein patience se aur samajdari kaam lena padta hai...forex mein trader ko money management sahi timeline mein hone se success milti hai but patience aur emotions controll mein naa hone ki wajah se humein bhaari nuksaan uthana pad sakta hai...

[burayak]

Internet connection koi issue nahi hai I think. Ye tu basic facility ban chuki hai ab har ghar main. And failure of internet conncetion would not be for much time and you can also get the other conncetion within minutes from your friends or family members. But the actual issue here is that how to trade?

Internet connection was very influential on the results of the analysis is done because if the Internet connection is slow is unfortunate because it can disappoint us as traders, to analyze because the data entered will be very slow and could be detrimental to traders.

[nikhil]

Forex trading aisa business hai jisme humein patience se aur samajdari kaam lena padta hai...forex mein trader ko money management sahi timeline mein hone se success milti hai but patience aur emotions controll mein naa hone ki wajah se humein bhaari nuksaan uthana pad sakta hai...