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Any tips to make Forex trading easier?

Discussion in 'General Trading Forum' started by davidjss, Apr 22, 2012.

  1. Taha Nizam

    Taha Nizam

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    Yes it's very much essential that we would need to understand currency trading well because it's very difficult to create currency trading so simple. I don't think there is simple way to business currency trading but normally the better you create your abilities the simpler it gets
     
  2. chintu

    chintu

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    The only tip all the traders give is just practice and that will make you easily earn good profits in a short period of time . Forex do have any tips or tricks to take into consideration but the only thing we can do is just try to make our self practice with demo account and it will really help us to earn a very decent income with forex .
     
  3. Tirus

    Tirus

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    There are no shortcuts to trading that will get you quick money in forex so that should not be an option to consider. Its not an easy road to learn forex but the whole reason for doing so is to make trading easier so learning and practicing is necessary to give you an advantage when you are trading.
     
  4. Cutiekc

    Cutiekc

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    The normal procedure will looks hard but will be the best because i have observe that due to the technical analysis is the easiest among others majority traders mostly prefer using it,cause its done by staring at the computer screen,while fundermental has to do with doing news research,and i have come to understand that successful traders makes use of at least two analysis methods.
     
  5. riddick09

    riddick09

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    The best is to have our own trading experience after gathering the experience in Forex. Because, there's no easy thing if we did not know or learn it. I think that one of the used here are analytical skills and emotional skills. These will definitely makes the trader knows the most difficult things to handle when trading. Therefore, we should strive hard to learn these two and others to soon realize it will not be hard as we thought.
     
  6. budado

    budado

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    My suggestion is stick to one or two strategy only and stick to one or two pairs only when you are just starting to trade in forex. Later on maybe a year or two you can add more pairs to trade. But its best really to trade using one to two pairs only. First you need to have sufficient capital first and trading many pairs can drain your free margin.
     
  7. Cutiekc

    Cutiekc

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    Also stick on having not more than there accounts so as to prevent distraction and confussion which leads to mistakes,also don't depend on a stranger for a trading strategy or trading plan rather learn how to create yours because it will be more easier to make use of it if being created by you.
     
  8. nasim39

    nasim39

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    i have some special common tips for trading:
    1.learning more
    2.gather knowledge
    3.practice demo account
    4.follow some successful trader
    5.try to creat some new
     
  9. Razor1911

    Razor1911

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    Actually there are lots of tips about how to make trading well. and these tips can be found from anywhere on the internet. Like we should gain knowledge, experience and skills to make trading easir, a good money management plan etc etc. But the most important thing is that a trader should always remember this tips while trading and should make the best use of them.
     
  10. chintu

    chintu

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    We can simply say that practice the best way that can help you make trading easily . with out a good practice it is really very difficult to trade and earn with forex . A good practice and a good analysis of the forex market will really help a trader to have a better trading experience .
     
  11. kasual

    kasual

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    first thing is traders need to choose what system they will use and then, learn it deeply and keep stick till they able to master it. newbie habit usually is always change their system when they think it won't work. but unfortunately, change system is natural and newbie will always do that till they found the one that suitable with their personality.
     
  12. rexway

    rexway

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    Yes that is very much correct any trader who want to make something good in forex trading must try his or her best and learn what it takes for him to succeed and this is very much true and the trader can derived something good from there.
     
  13. ryuken

    ryuken

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    I think tips only make things harder for you as time goes on. because you rely on them and assume that you would be spending money over a period of time. i don't think we cna consider that most of the things make it easy for you to trade. that is why you have to understand that for youself.
     
  14. Taha Nizam

    Taha Nizam

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    The only tip all the investors give is just exercise and that will create you quickly generate good earnings in a few months . Currency trading do have any guidelines or techniques to take into consideration but the only factor we can do is just try to create our self exercise with trial consideration and it will really help us to generate a very reasonable earnings with forex .
     
  15. budado

    budado

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    If you want to have an easy trade concentrate in learning how to do fundamental and technical analysis. Believe me this is the best way to have an easy trading as you know exactly when to open a position and when to hold and wait for a clear view.
     
  16. riddick09

    riddick09

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    Or to become familiarized in trading. Since, there's no other way to make easier, simpler if we will not going to recognize or experience them thoroughly. So, it's like learning English language once we always practice on it or mostly use it we will not think it as difficult to learn language just like in Forex trading as time goes by, it will be simple to understand.
     
  17. ryuken

    ryuken

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    I don;t think there is any formula for the forex traders to make money using this. We just have to wait and see how that works. i just happen to understand that people are going to be having some things easier and some of the things much harder to manage for time being.
     
  18. Taha Nizam

    Taha Nizam

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    There are no strategies to dealing that will get you fast cash in currency trading so that should not be an choice to consider. Its not an simple street to understand currency trading but the whole purpose for doing so is to create dealing simpler so studying and exercising is necessary to provide you an benefits when you are dealing.
     
  19. ryuken

    ryuken

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    I have observed that the forex trading is easy for earning short term money and sometimes it takes more capital to go full time and the long term. may not be easier in such case and we should consider how that is going to be ending up there for the same thing. i just think that we should assume things in that direction as time goes on.
     
  20. budado

    budado

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    Theirs no short cut but I suggest that we do constant trade in demo account and constant studying and learning and developing and perfecting our analysis. Because this is were we going to make money. I know many don't like to loss money in forex so we must not invest in forex right away.
     
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