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Any tips to make Forex trading easier?

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

  1. riddick09

    riddick09

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    If they've wanted to really earn or make profits in Forex then, they should not think of having shortcut or secret stuffs as we can have it in our way or discover it on our own like looking for the key to our success which we should do during our trading. Our investments should be taken carefully for the risk is always high.
     
  2. willy

    willy

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    if you want to make trading with forex easier you must get training more about your strategy if you are finding it so difficult and then start trading with live account but with just small capital to avoid big loosing
     
  3. kasual

    kasual

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    its really good idea to keep stick with one trading strategy and mastering it than traders always change their trading strategy when found it not working good. with it, maybe the learning phase become short and traders can generate profit consistently very soon.
     
  4. budado

    budado

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    If forex is easy then that means you are doing it the wrong way. the best way to be a successful in forex trading is do to it the hard way not the easy way. Theirs no trader that actually last long if what he only want is the easy way. Just check how many bots are sold online and how many end up spending lots of money in bots and end up getting MC. Since they prefer to trade the easy way.
     
  5. nahid

    nahid Membership Revoked

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    Open a demo account and practice and practice until you are already familiar on how to do when you are trading. These things will surely help you to manage your live trading account. Well forex is not very easy but as a person that want to succeed in this business, he should also educate himself by reading more articles that can help them succeed in Forex trading.
     
  6. kasual

    kasual

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    yes, practice till skill improve and able to recognize market behavior is the best thing that every beginner need to do. before able to mastering trading style, can be sure really difficult to traders able to get stable profit result. moreover if traders always change their trading style without never mastering one of them. they will never get stable good result.
     
  7. riddick09

    riddick09

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    They will surely not have stability in the results of their trading because, we will always getting the two possible outcomes in Forex trading. Nothing to make it easier but as time goes by when we are making trades and continue in Forex, we will see a better way of trading and think of easier to handle our trades.
     
  8. nahid

    nahid Membership Revoked

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    Forex is not an easy business. What you can do to somehow minimize your hurdles is to put in extra efforts of getting to know Forex.It really requires time and effort as nothing is easy.Even we say that they get involved in this high risks they can still handle and of course we can also.
     
  9. ryuken

    ryuken

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    I don't know about any tips for getting started but i can tell you that there are ways to make the forex easier as time goes on. I think it would be easy to know that most of the time, it just means you need to work on things that makes it easier sometimes like skill. If you pay attention to skill, you can atleast avoid the loss for sure.
     
  10. eddiej

    eddiej

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    There is no get-rich-quick scheme to forex trading. People have put in years of hard work and study to become profitable in forex trading. Just learn as much as you can, get a good broker, develop your own strategy, stick to it and learn from your mistakes. Babypips says when you start trading you should focus on the process not the profits and - love the game! That's how I'm going about it. I'm currently doing live trades on my micro account with profiforex, after 6 months of paper trading and I still get nervous but being in a certain mindset helps alleviate your fears while trading.
     
  11. mcfarhad10

    mcfarhad10

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    I think that, Firstly you must know about Forex market place. and know how to trading into the Forex market.it must be know that how to profit and loss in Forex trading.This helps to you seceded in Forex trading.
     
  12. riddick09

    riddick09

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    You will know it in the Forex broker trading platform. Once you have the software you can simply have the Forex market status and the different market to trade. It's important that the platform will going to be user friendly and also easy to navigate.
     
  13. mohsin01

    mohsin01

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    We should know when necessary to use Forex indicators and others. It really requires time and effort as nothing is easy. enjoyed in trading and do not hurry, anyways here we also have to learn to love the Forex business.
     
  14. PROPENSITY100

    PROPENSITY100

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    Proper knowledge, controlling our greed and having reasonable expectations are the secrets of becoming successful in Forex. A trader should understand that Forex is risky and never ignore the safety of his capital. he should always consider the safety first and apply proper money management and risk control techniques while trading Forex.
     
  15. kasual

    kasual

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    have good trading strategy and proper money management plan its simple way to make traders earn consistent profit from market. but in order to have it, traders should spend all of their effort in learning and practice first. its simple way but maybe will takes time and focus.
     
  16. Nazmul01

    Nazmul01

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    There are many indicator in Forex market.i think Bu linger band is sufficient for treader understand the market position.

    - - - Updated - - -

    I don’t think that there is any easy way to make money in Forex.But that doesn’t means that Forex is very hard just gain knowledge and earn money.
     
  17. riddick09

    riddick09

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    It's Bollinger bands. However, this is really simple indicator but I have used it in my trading before but I still stick with the MA. Well, this only makes our analysis better for the decision in our trades but does not make it looks easier to make profits. I also have used of pivot indicators.
     
  18. rizal83

    rizal83

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    I think to get the ease in forex trading should be the most important thing we can do is to adjust the amount of capital gains that we use in the trade and we also need to target the benefits that we will get of course is still affordable to the target or the target profit still within a reasonable amount
     
  19. Nazmul01

    Nazmul01

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    Forex is not an easy business. Do you have similar hurdles to keep Forex ask for additional efforts to be reduced. Television, reading forum and read about what is Forex and how this system works. A demo account until you are already in the habit and practice of sale when you know how to open. These things will help you manage your live trading account.
     
  20. Markllee30

    Markllee30

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    Yes, forex trading is not so easy job or business. In forex, knowledge and experience is necessary. I will suggest some tips do more practices, follow expert blog, join forex forum, update with news. One additional point, please note there is no easy way to make money is less time.
     
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