Before you start trading.

[sujarwo]

before start trading
dear members before start trading in forex u must take the points bellow on ur calcuation

1> how to use leverage
2> what strategy he will be using to open trade.
3> what strategy he will be using to to take profit and stoploss.
4> How much he want to invest in single trade
5> Last but not least What kind of strategy he will be using for money management

Very nice topic you have provided and this could be material for learning for us. Indeed, most beginners do not ever pay attention to this, even many of the traders who do not know about the usefulness of leverage and trailing stop. And this is indeed a big risk for me when we enter into a business without us knowing anything about the business.

[jefricha]

emotion has continuously been a problem. you will know there's hardly any gambler who often is successful, and in forex trading several traders fail, merely a few traders who often is successful, it implies a large amount of traders are trading like gambling. allow us to create an analysis, whether or not the type of trading we are right or wrong

[defacerious]

before beginning forex, one forex aspirant should apprehend the way in which a trading system works and who moves the price up and down. there will be number of basics, we should apprehend like going short, usage of leverage and lots of additional. then aspirant should move to demo account to firmly see these things in live manner. obtaining consistent profit in demo could be a symptom for switching to firmly live forex.

[Firozmahmud]

No. of targets - No. of targets should be only and only 1
Reason : If your provider gives 2 or 3 targets you do not know where to book though "Trial SL method" is recommended (sites will be updated with highest achieved targets but it is never possible to predict the high)

[fariza]

before we trading in forex we have to make trading plan so it will make our trading always under
control and it will make our trading always profitable so we can reache our target base on our trading plan.

[rubel]

Forex Bonus system you can seriously maximise your potential profits as you will have a much larger pool for your initial investment thanks to the great bonuses you will receive. You see when you deposit $2000, for example, you will receive an additional $500 to make the trade with. Obviously, the more money you invest, the bigger the returns will be and this is good news for all involved.

[ryandwi]

well i think you are very correct the based on your point of view which say what strategy he will be using to open trade i know most forex traders never take much of there time to understand the best strategy that works fine in there direction but they rush into the forex market and they end up losing there account

before you start you forex trade you try to know whwt is forex and how to trade forex,you study about forex,you know what is leverage what is take profit and stop loss and last practice demo account 6 month than you trade live account.

[habibsyl]

dear members before start trading in forex u must take the points bellow on ur calcuation

1> how to use leverage
2> what strategy he will be using to open trade.
3> what strategy he will be using to to take profit and stoploss.
4> How much he want to invest in single trade
5> Last but not least What kind of strategy he will be using for money management

Currency market requires a great effort in learning and follow-up and practice, especially in the early stages, as it needs to spend a long time on the computer screen to follow the market and the latest news, so before you begin make sure that your circumstances fit this market before entering this world

GoOd LuCk to every one

[aihuem]

Always follow your strategy or plan that you have for trading before trading. That is all you need. If you don't have a trading plan then its better to make one. Trading without a trading plan is like going for a battle without weapons. You won't do that in real life do you?

[ryandwi]

Many individuals have seen their portfolios decline in recent years as a result of the financial problems that many of us are experiencing. That is one of the reasons why many of them have turned to the Forex market in order to build back their nest egg.

efore start Forex business he must enough knowledge about Forex business. Knowledge about Forex platform tools how to use those tools while trading. Know about money management rules and good strategy use in forex. take risk depends on the capital in forex account..and control emotions during forex trading..