Forex trading requirement must know all!!

[sameerjazba]

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.

woow very good post dear waqai he app ne kafi achi post ki ha or main es ko parrh k kafi knowledge gain kiya ha or ye post newbies k liye to bahot he important ha or wese bhi forex trading waqai he kafi heran kun zariya ha earn karne ka or es se app kafi earning kar saktey ho

[rakesh]

ji han mein naye traders ko encourage kar raha hn aajkal aur mein sakhti se unko bataon ga k pehle demo karo baad mein enter karna is business mein aur zaroor tum ko baad mein is baat ka hi faida ho ga kj you can enter in live market at right time and this is very important decision to make when to enter in market and when to stay away from market.

[anchitkole]

I appreciate you on this post as you have discussed about all the basic requirement for forex trading. We must know all these information before starting the forex trading and should make it necessary to have all these facilities before trading.

[anitagala124]

we have to keep alternate internet connection in order one line fails to transmit data other line can be activated.i must say its better to keep one wireless line and one cabled line so dat the open trades and take profit and stop loss point does miss by us.

[newentry]

we have to keep alternate internet connection in order one line fails to transmit data other line can be activated.i must say its better to keep one wireless line and one cabled line so dat the open trades and take profit and stop loss point does miss by us.

it is a good idea, and sometimes i get this bad experiences when i can not make an execution for my orders because bad connection and of course this is very harm my trading, and as you said here, this is a good solution to handle it happen again..i really agree with you

[wolfkamikaz]

yes the field of forex need a lot of equipment like any area, but Forex need the equipment to let you in security still a powerful PC and strategies, but must remain always remain calm like that you make a good profit

[dmambi]

Yes excessive trade is not good, also i am not in favour of using a higher leverage as it wont let you remain on your trading desk for long. Commitment, patience, confidence, and strongness of mind is most necessary to be successful.

But practically speaking without Higher leverage people like me who have less capital in hand to invest in Forex market , it is not possible to do trading . Also the profit what comes from such trading will be very less and does not motivate us to stay in this market.

[realfun07]

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 .

A trader must always try to minimize his losses and trade with less and low risks as it is very important for a trader.Also it is better to put stop loss to all your trades.

[yogesh]

Patience to bohot hi zarrori hay forex trading main lakin traders to un factors ki taraf dhayan dena chahiye jin ki wjha say aik trade patinece lose karta hay. Mary khayal main agar traders big lots trade na karay to wo patience loose naheen kary ga.

Yes excessive trade is not good, also i am not in favour of using a higher leverage as it wont let you remain on your trading desk for long. Commitment, patience, confidence, and strongness of mind is most necessary to be successful.

[anchitkole]

Patience to bohot hi zarrori hay forex trading main lakin traders to un factors ki taraf dhayan dena chahiye jin ki wjha say aik trade patinece lose karta hay. Mary khayal main agar traders big lots trade na karay to wo patience loose naheen kary ga.