How To Start Forex Trading?

[Markllee30]

Without practice it’s risking your money. In Forex trading, focus is not on the money. They still trade when the action is occurrence. they are always thoughts about their next trade and learning from the earlier ones. i think first learn then earn. For beginners Fundamental analysis play big roll to improve learning skill.

 

[sobers498]

I have a question that is it possible to learn forex trading by myself or I need to look some one for learning?

 

[ryuken]

My personal suggestion is that forex trading can be started with say like 10 bucks or even more. make sure you have more money to be consistent with the forex. If you have not much money in the pocket then surely you're going to have some trouble there. I personally think having more money is better than no money or less money.

 

[T@H@]

That's very real it's very much essential that anyone would begin first using their own trial consideration because without it, it is very difficult to understand currency dealing . Anyway we can start our own trial consideration at any time for 100 % free so why would anyone would not want to begin with a trial consideration first

 

[Achiever2015]

Having learnt the basic terms and terminologies of currency market and its trading, and having registered under a registered reputable broker, the next should be to start demo trading, putting to practice all that's been learnt.

- - - Updated - - -

Having learnt the basic terms and terminologies of currency market and its trading, and having registered under a registered reputable broker, the next should be to start demo trading, putting to practice all that's been learnt.

 

[riddick09]

It's not that easy to find reputable broker as there are brokers are not for international or does not accept their countries. Also, that they usually have certain agreement to have within the country to have brokers. So far, we should the best way to keep our demo trading while we are seeking for good capital.

 

[kasual]

as we know that every trader goal is money here and to achieve it, we should able to get consistent profit result. but its not something that easy to be achieved because we will need lots of time to learning and practice. because only knowledge and experience that help us to analyze the complexity and start to gain consistent profit.

 

[Daisy]

You would start with a demo account at a broker and most of them have free demo accounts where you practice with free money or fake money. Of course, this demo is the most valuable thing a trader can use since you will get a chance to gain experiences and its impossible to learn to trade without a demo. Next, it will help you learn ow to take a profit and how to reduce loss. Once you learn how to do that you will then begin to learn how to make profit. You can't afford to practice with real money. Once you are good, you can open a real account and then fund money into the account. You will also have to verify your identity.

 

[Pettyeve]

If a trader want time start forex trading, he or she will know the basics of forex trading. In other to be a good forex trader, the trader will start from the scratch and learn. The reason why knowing the basics is important is because that is the place that the trader will understand how to manage the risks in forex.

 

[Decub]

Starting Forex does require that the trader gets prepared for the challenges ahead. There are more to becoming a Forex trader than just trading. The trader has to know and agree within himself that he is ready to face it and take the risks there in. Quite right, after knowing the basics, the next place would be the Demo account.

 

[tray]

To start forex trading there is no two ways about this I think that the trader need only one thing to do here he must always be sure that he take advantages and ensure good learning and practice been fixed in place before step into the market to trade

 

[hadg33]

Well,getting started in forex trading is as simple as knowing the forex basics first,after that,the trader should make sure that he or she/he practices well in the demo account before even venturing into the real trading.

 

[UMOFX AIR]

Forex study is must for beginners. They should first know the concept of this market and its working. They can get this knowledge by forex books or from online study after it use demo accounts for trading practice.

 

[kasual]

Start trading is easy. However, to make profit and even consistent is difficult task. Require understanding about market movement to point out good entry level. Someone who want to become successful in this business must take training process before they are jump trading in live account.

 

[willy]

there is many steps you must follow it before start trading in forex which is learning how to make technical analysis and then you must get training with demo account to apply what did you learn and then test your strategy which you will trade with real account

 

[rexway]

technical analysis is not the only thing which you need there are till others things like how to follow the trend and plot trend line as well this are the most important steps which we need to know also know how to do fundamental analysis as its may be very helpful to you as well

 

[Decub]

With a slight knowledge of the basics of Forex, the trader can always start up with the Demo account and still learn the theoretical part of it. It calls for a zeal on learning and trading. That which matters more is interest and once the trader has that interest, then he can go all out to learn.

 

[tray]

There is no much thing about this one but what i think is that if you are a good trading have a good internet connection and be sure that you learn from the professional trading account through this means you will get something that is more good and you can use it to called your own;
knowledge is needed to make you kick started from here as well

 

[rexway]

I think so there is nothing much about this what I know is that in forex trading always be sure that ,
first you have a working internet connection 2. a demo account set you to go 3. and if possible a mentor by your side to guide you through then you are very much good to start trading from there

 

[Bonyi]

In my opinion, you start forex trading by first of all opening a demo account and practicing with it until you are proficient and then you go ahead and open a real account with little amount. Dont invest all you money in forex