5 Tips for forex beginners.

[shahriar99]

Yes this are very important tips for new trader . New trader have to learn more and more . Trader have to be carefull about their investment . New trader should not invest huge money . If trader have small amount to invest then he can take leverage .

[Rak]

1. If you don�t have much capital, forex is the ideal form of investment.
2. If you have too little capital, you�d better not trade at all.
3. Love the market (one forex tip that says it all)
4. Very important forex tip: trading at high level requires a good knowledge of the market.
Not even the best trader in the market gains all the time.
5. Forex market is extremely volatile. For this reason, timing is essential: knowing when to start, stop or pause is a crucial to gain money with forex.

I agree sir if we have a little capital and want to earn very much and very fast only FOREX is the business for you,but you have to take care of all the tips you have mention actually these are the golden rules which will help us so much.

[golam1]

Hello how are you,
I believe that the trader can be disciplined in trading rule . it can generate a consistent profit but it is very difficult to be disciplined, requiring a lot of time to undergo the process of learning.
1 of you have to little capital, you`d better not trade at all.
2 love the market (one Forex tip that says it all).
3 if you don`t have much capital, cares is the ideal form of investment.

[oscar]

as beginner trader ..
I will try to avoid greed in forex trading ..
I've got bad experience when applying greed .. my account has gotten a lot of loss and cause I have to reinvest in my account ..
learn to be disciplined to be able to apply my rules to survive in this business

[hunterboy]

if you want to agree to start the trading you have to practice first on demo account and join the Indian forex forum and in this way you have got high amount of experience and you will get very benefit's and enjoy the forex trading very well. always try to practice more on demo account round about 5 month

[nyiel100]

1. If you don�t have much capital, forex is the ideal form of investment.
2. If you have too little capital, you�d better not trade at all.
3. Love the market (one forex tip that says it all)
4. Very important forex tip: trading at high level requires a good knowledge of the market.
Not even the best trader in the market gains all the time.
5. Forex market is extremely volatile. For this reason, timing is essential: knowing when to start, stop or pause is a crucial to gain money with forex.

i agree with you but for point number 2 i think opening a real account with small capital amount is necessary for a newbie,but not to get much profit from forex but only to learn and feel the mentality of trading with real money compared to learn a demo account that has no feel of real trading.

[aptx4869]

If we are thinking trade without practicing can make us survive at forex market. That was totally wrong. Forex need good education. Learn and study very hard is needed to make us understand about the market. If we are failed. We will get serious problem. Because forex market is do not give any mercy. Like wake up sleep snake. It will bite us and poisoning our mental. So, make sure we are prepare for trading on forex before we are walks more far on forex market.

[hassan347]

of course i agree with you and i want to add some tip

1/ don`t be greedy

2/ be patient

i hope to all more profit and good luck

[riya jahan]

1. work hard with forex.
2. gather knoledge.
3. have some trading experience..
4.using demo account.
5. follow the guide line of forex.

[angle]

Keep your mind forcused in the business, use tools like take profites and a stop loose in order for you take care of business very freely and well ,please don't make unneccessary trades and finaly avoide being greedy.