1. get knowledge
2. pick a broker
3. prepare documents for verification purposes
4. deposit your account
5. start trading
Can you please elaborate your 3rd point? Unfortunately, I am not clear. Thank you.
Please take a look around, and feel free to .
1. get knowledge
2. pick a broker
3. prepare documents for verification purposes
4. deposit your account
5. start trading
Knowledge and experience are the basic requirements for the trader who came here to start trading. You can get knowledge from different forums related to the forex market. You can also get experience from practicing on the demo account. Without these two things you can't do anything on the forex market.
Hello guys! I think you need to do huge home work before starting live trading. You have to get deep into the market and try to spend time there. The knowledge is vast and you have to gain as much as you can. You have to compete with other for which you must have strong knowledge and adequate skills. Do you have?
Yes, you are right. It also refers to how much money one should use for a single trade. It is an integral part of forex trading.You have to combine a lot of things to trade. Such as proper broker, knowledge gain, plan and patience, emotion control, etc.
To improve patience we need to be realistic. When it comes to forex trading, people become illogical. They want to multiply 100$ in a day. The market moves all the time doesn't mean all the pips are yours. Be realistic and treat it like a normal business.With skills patience matters too, add this into the character if one don't have. Forex tests it.
Yea I can agree with you that you need to be realisic when it comes to achieving a goal in forex tradingTo improve patience we need to be realistic. When it comes to forex trading, people become illogical. They want to multiply 100$ in a day. The market moves all the time doesn't mean all the pips are yours. Be realistic and treat it like a normal business.
To get income from our trading we will have to use a trading system that is more profitable for us.Yea I can agree with you that you need to be realisic when it comes to achieving a goal in forex trading