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How to trade in forex market

To do forex trading, first you have to give time for learning. It's a professional work that requires specific knowledge and skills. Once you have necessary skilled, you can do it just by spending one or two hours per day. But for learning you have to put your efforts and dedication. One more thing learning doesn't happen in one or two months. You have to spend good amount of time depending on your level of understanding and other factors.
 
You need to choose different pairs for trading at the same time. You can never rely on a single currency to trade with others. As, if your prediction hoes wrong then there are more chances to lose money. Have you got my point folks?
 
You need to choose different pairs for trading at the same time. You can never rely on a single currency to trade with others. As, if your prediction hoes wrong then there are more chances to lose money. Have you got my point folks?

I really agree with you! This is why now I have more than 10 pairs on my chart! Even, now I am studying on crypto pairs.
 
You should have to make a demo account before entering to that market to get some knowledge and a huge experience about the market. Knowledge is prerequisite for the experience. You must have some knowledge if you really wants to be a successful trader in the future.
 
You should have to make a demo account before entering to that market to get some knowledge and a huge experience about the market. Knowledge is prerequisite for the experience. You must have some knowledge if you really wants to be a successful trader in the future.

Actually, basic knowledge is not enough here; traders need proper I mean advance trading knowledge on the technical & fundamental analysis! Here more than 90% traders are losing their money; so Forex is not any profession at all.
 
Pre step of trading is you have to understand that trading is not an easy task. Without being skilled you can't do anything. Ready-made strategies with unrealistic expectation can not bring any good result. You have to learn properly. You have to find your weak and strength and work accordingly. By forcing yourself it won't happen.
 
Forex trading is a work for professional. It requires particular knowledge and aptitudes. Without discovering that you can not have predictable benefit in forex trading. A specialist trader knows when to open or close a position and how to oversee risk.
 
To trade in the Forex market, first, you have to create a plan and discipline. You have to research the market constantly.
All the successful traders on the planet are disciplined traders. They may have distinctive trading techniques however one thing is normal which is they are restrained. Taking in the market and being control is trading is the way to accomplishment here.
 
Security of the funds is major issue. There are many brokers that defraud their customers. For good security, you require a good secured broker where you can feel safe. There are many brokers out there who hoodwink their customers.
 
Managing risk is the most important yet ignored aspect in trading. I mean all unsuccessful traders do not have any risk management policy. I do not risk more than 1% of my capital in a single trade. If I open more than one trade my maximum risk percentage is 2%.
 
Managing the risk is the most demandable ability in Forex market where risk is everywhere. My trading career, many times I fallen a great loss due to lack of exact risk management . now I am studying about this
 
Successful trading is depend on most powerful analyzing trade knowledge , on the other hand , despite of good trading knowledge that’s not possible at all to lead a successful trading life at all if you don’t have a reliable support from a credible trading broker , because the broker can affects the result of our trading with certainly.
 
Learning is the foremost ways to keep survive in this volatile trading place in a proper way. But sorry to say maximum traders who are particularly newcomers try to make money from here without learning. As a result they become loser when trading practically. It would be great if we choose the broker which always ensures best trading environment for learning this trading place by providing exclusive educational facilities.
 
Forex market or forex trading i think is completely secure but it depends on your broker performance , because without a broekr you cant a trade at all.
 
success is not easy we know very well but still we try to bring success with no learning , as a result we become loser when try to make it in practical.
 
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