Thread: Before you start trading.
patience is beginning to be disciplined trading rule. and discipline is the key to successful trading. new traders should learn the theory first, can learn on this forum and download the ebook, then had to be a lot of practice in demo account, when it can be successful in a demo account. can start trading on real account.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
s.alam (2013-03-09)
- Trading is one of the ways to make extra return of investments, If you’ve traded for any period longer than a week you’ve probably learned a thing or two about yourself, the markets, and human behavior.Originally Posted by alamayreh
- Thus before going into futures trading, there are certain things that you must know before you start :
* A trader should always have a plan.
* Only trade money you can lose.
* Be patient and learn to control your emotions.
* Treat futures trading a job, not hobby.
* Keep learning and educating yourself.
* Goooooooooood Luck..........
Do not read and go prove that you are responding on the subject or by clicking the Thanks
My ultimate golden rule is : If a trade sets up, the trade goes on.
Shahnawaz148 (2019-04-26)
friend pips in simple word you can say points....like we say say 5point up/down if forex we say 5pips up/down
leverage in simple word- multiple you money ex- if you have 10$ and you choose 1000 leverage then you 10$ able to control 10*1000 market movement.
and if you want to know more then first you go ******** for learning all basic about forex..
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
rahulacollege (2012-12-20), sohelforex (2012-02-07)
dear friends i am a newbie so i don't know anything about Forex ,so please explain what is pips, leverage,candle stick,indicators,how to watch market,which is the best time to trade etc,any experts are here please explain it,if these thread already posted then please post that thread link here,i already searched many times.
Shahnawaz148 (2019-05-17)
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
Adnan Alamayreh
Good Luck
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