5 Tips for forex beginners.

[sakibdot]

The retail Forex markets are certainly in a boom generation. Forex dealers are popping up like rabbits. Hundreds of thousands of nation like you and me are trading the markets in favor of a kind profit each daylight. Brokers are making a murder from their spreads in these deals. Forex markets are unstable and from now in attendance talented profit opportunities as well as talented risks to your investment. And if you aren�t thorough your investment will quickly be lost by the markets.

[arami]

good post every one should know this
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.

---------- Post added at 07:33 PM ---------- Previous post was at 07:32 PM ----------

Hey!
If you are just starting to learn Forex trading, I would definitely suggest you learn by experimenting as well as doing a lot of research. Demo accounts are a vital tool that you should use to be comfortable with your trading abilities.

There are many sites out there which can help teach you basic trading strategies. Personally, I like Everestforex which gives you $100 bonus for passing their simulator.

It is important to constantly stay up to date on all forex news. I use bloomberg.com for that, but there are many other great sites.

And of course, blogs and books are an important resource which will help you feel more confident in your trades.

Good Luck!

[hpanoo]

trading by following the trend is a must for any new trader, because the trend is your friend and a trader should never fight the trend because it would be fatal if we fight it, the trend will favor us

though trend is giving information on the price direction sometimes it change its direction may be due to a high impact news release. so we need to be careful when trading just by following the trend. before following the trend we should confirm it by having overall understanding about the market condition.

[Discordance]

trading by following the trend is a must for any new trader, because the trend is your friend and a trader should never fight the trend because it would be fatal if we fight it, the trend will favor us

[truegoa]

I think it is important for the motivation to learn any thing, in the forex while we still can develop strategies that have been able to create a profit, as well as our intuition that has been honed by experience.

However, motivation will not be stand alone factor of our success key here. We need more than this psychological matter even if this matter is one of most important things that we should develop. In my personal case, passion will be better support than just motivation its self. We need to enjoy this "game" and the rest will be more colorful and better that just usual.

[budihanduk]

we should be able to learn well from their daily lives tentanh patience emotions
da others related to psychology,,, and usually will impact into our current trading
and certainly mennigkatkan analysis so that we can be more quiet if not staring at your trading and market in a long time

[umairsaleem]

how many tips in forex let me explain this.
please anyone tell me about forex tips???
if anyone have suggestion to pm me.

[sami1]

Thanks man for your suggestions. Those are really some good advice and i do believe if one follow them they won't regret!

[fendy]

A success can be defined through a process
particularly good learning process
sometimes it is difficult to start learning
therefore, motivation is very important for us to get success.

[muskan07]

1.be patience
2.practice with demo account before trading
3.for learning visit various learning website..
4.money management
5.proper planing before trade..