How to start a trade through forex?

[Dmitriy Ushakov]

I think it is important to tune into the trade. Understand what the Forex is and not to expect quick money. This haste usually destroys many novice traders.

 

[AliMuh]

I think it is important to tune into the trade. Understand what the Forex is and not to expect quick money. This haste usually destroys many novice traders.

Absolutely agree. Moreover, you should have a plan: what do you want to aim and when and move accourding to it.

 

[gabanda]

to begin trading then we can start from a demo account first. trading on a demo account so we can practice trading well without worrying at risk. because only a demo account using virtual money that will allow us to be more comfortable for exercise. After that, we can start trading in a real account using small capital first

 

[sininfinity]

I think it is important to tune into the trade. Understand what the Forex is and not to expect quick money. This haste usually destroys many novice traders.

Very well said. Impatience kills many traders. It is a slow process and no one can earn quick money from it. May be once or twice on the right direction like during the CHF ceiling removal.

 

[gabanda]

we need a demo account to practice trading. By having good skills will allow us to manage capital well to get the most benefit from forex. as a beginner we can try to trade using small capital

 

[kxforexmart]

Traders should start with the basic knowledge and then they should practice those in the demo accounts so that they can get the experience in a proper way so that the confidence can be grown and they can make money according to their target .

 

[Nezami]

Before starting Forex trading we the traders first of all have to trade demo trading for acquiring most powerful fundamental knowledge which is very supportive to continue a live trading in a proper way. but practically by and large traders don’t believe the importance of this trading place at all.

 

[kxforexmart]

Traders have to develop various kinds of strategies and plans so that they can start the Forex business with the right way and yes the basic knowledge is very important to be with the trend .

 

[Faal]

I see, here you have already got basic instructions of trading! You always need to open your new trade positions according to the market flow rate! Determine the flow rate of market according to the languages of technical and fundamental analysis! Try to learn slowly, it’s not a quick process!

 

[Glenn Phillips]

You have got already basic instructions on how to start! Knowledge is the powerhouse of trading success, so gather more knowledge on Forex trading! In addition, don’t consider your entry quality! Verify your entry’s quality by many ways according to your technical and news trading knowledge!

 

[jeanshields]

Getting a nice foundation about forex trading is definitely the best way to deal with begin. With a particular ultimate objective to totally fathom what you are getting yourself into and how to dependably make those advantages you need to know the stray pieces of forex trading so find some awesome online instructional activities to begin your forex learning information. Broker is similarly basic for trading. Hope it helps all newbie.

 

[raniya]

Open a forex demo account and practise trading risk-free. Develop your trading strategies and test the features of a trading platform before you place a real trade. We can learn about forex trading using demo account first so we do not need to make deposit first.

 

[Fx Master]

First of all you have to move Babypips School and with this demo trading must, even though mostly traders don’t believe the importance of this trading place at all. Then after passing 3 moths newbie should trade in live account with small balance.

 

[The trader]

Forex trading business is much better option than any other profession! Forex trading business is also available for the part time Forex trader, since market is open for 24 hours! BY the way, Forex business is not appropriate for the greedy people who want to make quick success here!

 

[Lee Mark]

I know a bit of procedure like opening an account first and all that, but kindly help me in detail i.e. what is it all about, how does it help?

Well, if you want to trade with real profit then you have to learn Forex by technical analysis as well as fundamental! Without knowledge, success is not available here! So, as a new Forex trader just focus on your learning process!

 

[Svetlana Loboda]

Well, if you want to trade with real profit then you have to learn Forex by technical analysis as well as fundamental! Without knowledge, success is not available here! So, as a new Forex trader just focus on your learning process!

I think new traders need to start their learning one by one; maybe technical analysis would be the 1st choice! Because, it’s relatively easy than the news trading. After this chapter; they should concentrate on news trading.

 

[Nezami]

i personally prefer Forex Forum than any Blogs , Top rating fx Forums always contains huge education which is very supportive to be a knowledgeable trader rapidly.

 

[The trader]

capital is important to start a smart trading but it can be useless with no analyzing trading knowledge and experience, so it is more appropriate to ensure first of all exact market principle.

 

[Tom Latham]

Your trading skill is your main investment here! When you have a standard trading skill; then you can make consistent profit with a very ordinary trading equity!

 

[Fx Master]

i think Forex is too much tough for the traders who are in particularly newbie. So, obviously a new trader should work hard to achieve the market easily. they should make a best strategy for themselves . they should spend most of their time in analyzing Forex market because it will increase their knowledge of analysis. They also should practice much on demo account to make their trading easy. Then they should choose a right and reputed broker for them .