Best Trading Tips.

[lecoq6]

forex is not like a game
its really risky job..
forex is cruel world so knowing the tips from fellow trader will be useful for us..
thaks for your opinion....

[wawaz_i]

Study of the cards is the first step to enter the trade

Can you explain me more detail about it,
I'm nubie so i don't understand what it is

[forexdon]

i am very much satisfied to your lines and the best lines are never use any one stratagy and do trading every day these two are best lines because many person are loss their money in the forex because they have these two things that's why they are lossing their all of money in the forex i want to add one more line never greed in the forex

[bhagawanta]

yup!this is a usefull tips for me as a beginer trader.,the confidence is one of the important thing in the forex trading,this aspect can affected to the result of trading its self..if we have no confidence,we cant improve our skill,but if we overconfidence,its can be dangerous to..so we must be wise!goodluck!

[zaylan]

These are the very useful tips for all the traders to follow at the time of doing trading:-

1. Study the chart fully with your brain not from eyes.

2. Catch the perfect trend.

3. Never use more than 2% of your equity.

4. Always use the stop loss feature.

5. Don't be more excited trade with cool mind.

6. Increase your confidence level.

7. Don't follow anyone, just trade with your own strategies.

8. And the last - practice every day.

This information is very brilliant, and this is very membanti me to learn, because I was a beginner, this really gives me the motivation to learn and the more I get to know and explore forex. once again I say many thanks for the info and motivation

[m.h.mithun]

These are the very useful tips for all the traders to follow at the time of doing trading:-

1. Study the chart fully with your brain not from eyes.

2. Catch the perfect trend.

3. Never use more than 2% of your equity.

4. Always use the stop loss feature.

5. Don't be more excited trade with cool mind.

6. Increase your confidence level.

7. Don't follow anyone, just trade with your own strategies.

8. And the last - practice every day.

When 95% of traders lose money, what makes you think you can win? To see your chances
of succeeding as a forex trader, here is a checklist for you to see and become one of the elite
traders, who make tremendous long term profits.
Following are a few ways to lose money. You may wish to change your mind immediately if
you are thinking of trying any of them. Do this to avoid losses and continue your forex
education!
1. Following a Forex Robot with Simulated Gains - You can apparently achieve success
without any effort as promised by these. You are asked to accept their track records
simulated going backwards. Your equity will get destroyed by trying them.
2. Day trading and Scalping - Due to the random short term volatility, simply doesn't work.
Like the robots, even people selling these always have simulated track records.
Many more of these all fall into the category of trying to find someone else to give you
success. This does not work in forex markets.
Apart from needing a trading edge, you also have to understand ways and reasons of it
leading you to success. Let�s look at this in detail.
Success Comes From Within
The combination of a simple robust helping you to understand and trade with discipline is what
forex trading is about.
You need to know what you are doing to trade with discipline. This translates into having
confidence, which you definitely don't get from someone telling you what to do. You get
confidence by from your own knowledge and learning.
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Forex Trading Superstar
Discipline & Losses
As you have to keep executing trading signals through losing periods, discipline is hard. This has
to be continued till you hit a home run, even when the market is fooling you and taking your
money.
A Trading Edge
What separates out your forex trading system from the 95% losers is your trading edge. You can
answer what is your trading edge and how will it help you beat the majority. You don�t have one if
you don't know what it is.
Few succeed in the simple looking forex trading. These elements are present in the winners�
forex trading strategy:
Using simple robust forex trading system
- Having solid grounding in the basics of forex trading
- Knowing exactly why their system will lead them to success
- Having confidence and discipline to stick with their plan
- Knowing only they are responsible for their Forex trading success
You have to stand alone, be confident of your actions and be disciplined to follow your plan in
forex trading.
Success is in YOUR Hands
Sounds simple, however it is actually depends on your approach to forex trading - with the right
mindset and getting right education. The trader beats himself, rather than the market beating the
trader in forex trading.
Learn the basic fundamentals, get a suitable system, become confident, get an edge and be
disciplined. Do all of these to enjoy currency trading success.
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Forex Trading Superstar
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Forex Trading Superstar
Dangers of Getting Emotional
About Forex Trade
Getting emotional in the stock market is the worst thing that can happen to investors. The same
goes for Forex traders as well. Seeing paper losses in everyday trade is pretty common.
Once to take a decision to buy something and make losses, you still hold on even if situations
turn from bad to worse, only because you feel that things might turn back in your favor once
again. The main problem here is that, the decision to stick to a losing trade for a long time is an
emotional one, since you are in no mood to accept a loss and get out of the trade.
Forex market is largely influenced by the general market and you must always trade on what the
indications based on the market are, and not just initiate one since your heart tells you to. At
times, you might be so emotionally attached to a given currency in the Forex market, that most of
your exposure to the Forex market would be in that particular currency.
Nothing wrong with it, as if you have reasonable grounds to believe that the currency will do well,
then you will actually profit from the exchange. The �wrong� thing is opening up a trade in a
currency just because your heart tells you to.
In the case, if you strongly feel about any given currency, then it�s better to check the reality by
having the look at what the market is indicating. That will give you a clear picture of whether or
not you should trade in that currency.
The basic thing that is needed to be remembered is that once you have initiated a trade, and are
incurring paper losses, and by all indications, things are likely to get even worse for you, then it is
much better to book losses and come out of it rather than sticking to it till a time you ultimately are
able to see some gains from it. Remember, the markets have little room for emotions.
Forex trading is not a win-win situation. Be prepared to lose on some trades as well. That�s the
precise manner in which the market works. It is not really a question of whether you are right or
not, the fact remains that markets move in an unexpected way and they have a knick of surprising
people when they least expect it. All the fundamentals and even experience may be thrown into
the air when the markets decide to do something.
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Forex Trading Superstar
So just follow the indications that the market gives you. If you feel that after initiating a trade,
things are not going the way you had foreseen, book your losses and get out of it. You can invest
the amount in some other trade and make good gains rather than sticking to your losing trade.

[FREEDOM]

Good trading is follow the trend..
Don't force to use the countertrend strategy.. because it is very difficult..
see the chart at big timeframe and then look at the trend..
just look at the trend.. it will give you profit.

Yes i am agree following the trend is good action but we must clearly detect the trend phases bro. If we are following the adjustment or the ending trend then it will fastest reverse and we are into floating minus with some lost in our account.

[jiching]

Good trading is follow the trend..
Don't force to use the countertrend strategy.. because it is very difficult..
see the chart at big timeframe and then look at the trend..
just look at the trend.. it will give you profit.

[FREEDOM]

Some innovation with the trading strategy will make a better result. We can improve the basic strategy by adjust the setting or combine with another strategy, but don't use too much strategies also. Perhaps two or three strategy combined is good enough.

[miran]

Your tips are very effective and easy to understand to the newbies. Thanks for your sharing. We wish that, in future we'll find more valuable information and guideline about Forex from you.