5 Tips for forex beginners.

[talha.malik]

According to my point of view five good tips for a beginner are as follows.

1.) First of all register at the demo account.
2.) Try to gain as much experience as you can.
3.) Try to learn from your past experience specially that points where you fail.
4.) Try to learn how to analyze the markets.
5.) Also, do take advices from the experienced persons.

These are the 5 basic points, following these people can reach any point of success they wish for.

[radhika]

if we are still a beginner, then we should always learn and also practice how to deal with learning and using the price action money management and risk management are also fine, and the last is the discipline and patience to learn forex.

[matoriut]

I have 5 tips about forex trading for new forex traders that forex is a world wide business and in this business we need more and more knowledge and experience about this business. after learning they should do practice on demo account, follow the rules and discipline, money management and avoid from greedy and emotional trading.

very true sir.
to be able to succeed in this business would have to go through several stages as has been mentioned above host.
to be successful in forex no quick way, everything needs a process.
ranging from an introduction to the basic knowledge samapai forex money management and trader psychology.

[tahir2]

I have 5 tips about forex trading for new forex traders that forex is a world wide business and in this business we need more and more knowledge and experience about this business. after learning they should do practice on demo account, follow the rules and discipline, money management and avoid from greedy and emotional trading.

[please]

5 tips to become a good trader is quite helpful .. but that certainly is hard work and discipline of every trader that makes them successful or not .. and certainly learn from the experience of giving something more for us in reducing risk.

[john.fx]

Thank you for this precious share. I think that it resume all the preparation needed to start a professional trading career. Thank you once again for spending times sharing this to the members of this forum. GBU

[brave007]

The main tip is I think one should gather info from exact sources welly. Forex has an advantage that it possesses for traders who do not have enough money to invest. Leverage helps a trader to invest small and then be able to control larger sums of money. Best of luck.......

[jamilah]

learn from any source as long as it's good that it is well taught and related business are we field.
indeed if we can source the lessons of others and the book is nice especially kl we have personal experience would be a better motivation

[yuno]

Thank you all before but I think the currency is a main part of the Monetary and Exchange. There is also some risk factors remain in the case, but here you have posted some useful guidelines for beginners.

something about forex trade is if you want to have bigger profits you would have to take bigger risks and have it in mind that wwhen you loose you would loose everything the same goes for trading small,if you trade small your profit would be small and your loss would be small.the risk involved in trading small is low.

[relaxforex]

yeh achhi tips hain,,,is mai ager capital thora ho ga to is main humain low volumes use kerny hon gay tab he hum is main kamyabi hasil ker sakty hain is kay ilawa humain acha tajurba aur knwledge bhi hona zaroori hai is kay baad hum kamyab trader an sakty hain