5 Tips for forex beginners.

[rebate lover]

Five tips which I would like to give for a forex beginner is:- Never go for real trading without practicing and developing your own profitable strategy,Never trade with high leverages,Never trade with big lot size,never loose your patience while trading,don't get greedy while you have already earned satisfactory profits.

[sarahmed]

to be a professional trader you must have a good patience as well as you must take on all the opportunities coming to your way..
wait for a chance...and make a blast..its the best platform for your profits.

[liza23]

These all things are good to keep in mind before entering in the Forex market. Specially the point number 5 is worth thinking. It can generate a consistent profit, but it is very difficult to be disciplined,Leverage helps a trader to invest small and then be able to control larger sums of money.

[sarahmed]

This forum is a good place that a successful traders can used to help newbies in their trading . They don't really need to spill their secrets just few advice's to make trading easier for newbies. These are the keys to success in this profit business. Share your blessings...lol. Currently I have been just providing instant market analysis to my skype friends. It might take time to do what I mean to but it will help new traders to know what they need to know.

[oreoluwa]

yes i think you are very correct you don't have to get much capital in other for you to be a profitable forex trader all you have to understand is that forex is an investment that really needs time to grow and the more you trade the more you get to know and understand forex trading

[david24]

very helpful post for a beginner forex trader ,forex market is 24 hours open market .but we should not trade here 24 hours because we are a human ,so we need rest because mental freshness is very important in the forex trading.and finally we should not forget that fore market is highly volatile currency market and risky too.

[jonbh0966]

tips are always good for beginners,I think it is not so easy you must have the ability to predict the future movement of the market accurately.

[wpoampoa]

The Forex traders always got loss due to not have ability to makes the Forex analysis at the beginning of the Forex trading. So i thing,the traders have to learn all theses process and makes sure the right analysis of the Forex trading. Without used of the Forex trading analysis, traders can't be a perfect traders !!

[ebonizim]

good post brother. These all things are good to keep in mind before entering in the Forex market. Specially the point number 5 is worth thinking. Many newbies don't know on which point to open a trade and on which point it should be closed. So always try to understand these points.

A number of speculators fancy their chances with the extremely effective intraday buying and selling tactic, where forex markets are continuously reviewed and short-run trading positions are embraced.

[ghyed77]

I could have become a Forex work for us with a steady income every month, but we face major problems in terms of the brokerage firms, manipulation, and the monument is located next to me some other things you need to time in order to achieve the target