Just started forex trading.

[micro79]

I started learning about forex two months back. I made some cents in profit till now as i don't have any big strategy to earn huge profit. I am still in a phase of learning. Can anyone please recommend me any good strategy? I can make investment.

 

[indieover]

Just keep on reading one strategy at a time and watch a lot of video tutorials on YouTube and so you would be able to find good tutorials that would help you find the right strategy that would work for you. I am also in the process of learning different strategies and so compare them.

 

[profitfx]

I started learning about forex two months back. I made some cents in profit till now as i don't have any big strategy to earn huge profit. I am still in a phase of learning. Can anyone please recommend me any good strategy? I can make investment.

a good strategy is a strategy that first all it has to suitable with trader who use it. So I think to have a good strategy for your own then you must self-learn about forex trading and only you find a good strategy for you. This process may lose alot of time. But actually it is valuable .

 

[carl]

Forex trade

Like a casino, traders try to make a consistent living despite living in a very random work environment.
This is also a good way for an investment.

 

[Tirus]

Its better to make sure that you learn the basics of forex trading first before you get to trade. Good to hear that you already made some profits though. Without the knowledge you wont be able to sustain the them in the long run. The basics will help you understand currency markets and how they work so that you can work on a good strategy.

 

[kalpeshmkm]

It is very good if you have just started Forex trading than you need to first learn Forex from forum threads and news updates and you can use demo account for your practice and make your knowledge stronger and when you build your confident very well start your trading with real account.

 

[Tirus]

Yes, after learning the basics of forex trading is better to start working in the demo account so that you can start getting some experience of forex trading and also get familiar with the trading platform. This is necessary to improve your knowledge and forex trading skills.

 

[Syrine22]

I think it is great that you are gaining even though it is a little but really for you to earn big in forex you must be ready to do what major forex experts get to do and that is having had the determination to learn.sincerely forex learning is a daily activity.

 

[riddick09]

It's better than just having always losses. We need to atleast able to make profit regardless of it is small or big as long as we know how to trade well and apply our strategy to make profits. We need to make ourselves motivated as well by having those winning trades.

 

[zebrut]

therefore to reduce losses, we must have good financial management and profit targets every month, because the management and profit targets we can control the losses we have experienced, although the advantage that we can be very small but at least we are not at a disadvantage, then from that if we have even a small profit is better trades we cover and start with a new one that we will not suffer losses.

 

[Syrine22]

Yeah i totally agree with you guys.A little profit is better than a large loss anyday anytime but yet no one would love it if he or she continually make the same amount every time.He or she would want to earn something higher and for him or her to achieve that he has to go an extra mile and that can be achieved through learning.

 

[riddick09]

That's if we are just aiming to have some profits but if we are focusing in real trading to make huge profits we will going to take the risks and also the funds we can afford to lose. So expect that we are going to learn that the profit will also depend on the trader's choice.

 

[indieover]

I think we should aim to make profit although it does not mean we should be in a hurry to make profit right away. There's a lot of other things we have to read and learn in forex. So for me it's very much important to dedicate a lot of time in reading about forex.

 

[Syrine22]

Profit is something that am sure we would be making everly so far we never give up.It Would get to a stage that we would be making more and more profit daily and that is the much reason we just need to put in our best to watsoever thing we are learning presently.

 

[Tirus]

I think we should aim to make profit although it does not mean we should be in a hurry to make profit right away. There's a lot of other things we have to read and learn in forex. So for me it's very much important to dedicate a lot of time in reading about forex.

For beginners its would just be good to make profits no matter what the targets are. Its not necessary to aim high right at the beginning because you dont want set unrealistic goals for yourself that may be hard to achieve at the early stages of learning and get disappointed when you dont get them. As you are starting to be more consistent you can up the ante.

 

[Syrine22]

Yeah i think that would be of great help.setting ones eyes on high profit wouldn't be the best because there is every possibility of dissapiontment which would or may just be resulting into one giving up.we should just try to make but just a little profit.

 

[indieover]

I just feel like I am just starting to learn forex because I have resumed learning forex. I have stopped before because I was discouraged. But now I have more ideas on what to do to learn forex although it's still hard for me to understand a lot of things.

 

[Syrine22]

I think the best way to learn forex is just to concentrate on the simple part first before dabbling into the difficult parts.sincerely speaking forex isn't that hard to learn so far we put in determination into learning it everyday then we would understand.

 

[indieover]

the problem with forex , it seems like there is no simple part in forex. like every thing is equally hard in forex. my plan is just to start reading from the first chapter till the last chapter. i have read all of the tutorial on babypips.com but i am reading again because ihave not fully understood it the first time i have read it before. so this time i will not just read it. i will try to understand them.

 

[Syrine22]

I think you just browse through the first time and never gave it much concentration but yet i think it is great to see the determined part of you this time around.i just hope you would be learning much and at the end you would be happy you did.