What are the Basic requirment for to be started in forex

[DavTraderForex]

The answer is simple: the basic requirement is a sum of money that you are ready to lose.

 

[chintu]

The answer is simple: the basic requirement is a sum of money that you are ready to lose.

haha ... i don't agree with you dude . if you have money you cannot make profits but before that you need to have a good forex skills and that will really help you to make good profits . although there are many forex forums which are offering free bonus and if you have knowledge you can even gain bonus for trading .

 

[DavTraderForex]

Actually I am not writing about the basic requirement for making profits, I mean money is the first thing you should have in order to enter Forex world.

 

[nasim39]

The new trader can start the trade by using the demo trade.If we start the demo trade we are trying to know about the market condition & how can trade open & close.witch conditio is good.how much lot can be taken,leverage system etc.so before start the trade fully practice in demo account & make a confident.

 

[Taha Nizam]

Specifically when you are just depending in a WI-FI. In our nation our INTERNET in Cellular is quite inadequate so in that situation it may really impact your dealing. So, we know that INTERNET is one of the primary need so it needs a constant and quick relationship.

 

[riddick09]

Well, same to you my internet connection is really not enough or good enough to have reliable and good trading. But then, I don't have other choice because, it's simply expensive to have better connection. And usually, trading platforms don't require fast internet connection but atleast reliable.

 

[Cutiekc]

Well, same to you my internet connection is really not enough or good enough to have reliable and good trading. But then, I don't have other choice because, it's simply expensive to have better connection. And usually, trading platforms don't require fast internet connection but atleast reliable.

Same here if i should start trading with the real account i will have to upgrade to a more faster and stronger internet connection because the one i am using with my demo account is not that strong and hangs at time so internet connection is the number one thing.

 

[chintu]

Same here if i should start trading with the real account i will have to upgrade to a more faster and stronger internet connection because the one i am using with my demo account is not that strong and hangs at time so internet connection is the number one thing.

yes try to make a strong internet connection and that will really help you to have a good trading with out any interruption . we should always be careful with the power and the internet connection that can make us loss most of the times . In our area there will be a lot of power cut that make me really sad .

 

[ryuken]

I have noticed that if you have the forum bonus, MT4 software and the basic to learn from the demo account. you are all set. that is all that you need these days to make money. I don't think it is worth spending more time and money for the other stuff. it would be quite odd to consider any other way.

 

[monyitomon]

I think my internet connection is quite fast enough, but it's true that it's one of the basic requirement because when you have a slow internet connection then I guess you missing the real time movement in here so it could even lead to losses.

 

[PROPENSITY100]

If we make efforts the internet presents us with a sea of knowledge about Forex trading. Knowledge and experience are the most essential elements to excel in Forex trading.

If you go through this forum you will find tips and information on how to make good returns from Forex. However a Forex aspirant should also have certain qualitative approach like patience, control over greed and emotions.

 

[Syrine22]

Yeah that's true.we have materials that are readily available for we to have intensive knowledge of forex.what is just required from us is our submissiveness so that we would be succeeding in doing it.

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Yeah that's true.we have materials that are readily available for we to have intensive knowledge of forex.what is just required from us is our submissiveness so that we would be succeeding in doing it.

 

[Razor1911]

The most basic thing to star forex is the willingness to learn. Forex is not a business which one can get achieved in just one go. A trader should always have to learn from their mistakes and only the eagerness of learning will always help the traders to step forward to become a successful trader.

 

[ryuken]

I think we have to understand that forex can be bad most of the time and it leads to loss. so if you have ot start with the basic like say - better get to the demo trading and then from there learn some of the things as they are going to be easy for you. I would suggest learning some skills before adding money.

 

[kasual]

every broker provide demo account and before traders jump in real account, better familiarize their self with how the market move and act in demo account. in other side, new traders also need to upgrade their knowledge about forex trading because actually, its the key point to figuring out whether traders will able to last or not.

 

[budado]

In term of requirements I will say none except documents that going to prove that you are a certified and verified member. Other than that theirs no requirements and you can open an account. But if you want to be a successful traders even though its not a requirements you need to practice and you need to have trading skills before you start trading.

 

[chintu]

The most basic thing to star forex is the willingness to learn. Forex is not a business which one can get achieved in just one go. A trader should always have to learn from their mistakes and only the eagerness of learning will always help the traders to step forward to become a successful trader.

Yes with out interest of learning of forex it is not at all possible to make your self as a good trader . first we need to have a good dedication in forex and if you are good in trading then automatically you will be earning good profits . some may learn very fast and some may take time to understand .

 

[rexway]

Yea that is very true if motivation for learning forex trading is not there then be rest assured that there is no way which you can make it through this market because the basic thing which I have to say here is that while dealing with forex you need to keep your self motivated if you really want to get something reasonable or else loss been encounter.

 

[Natsh]

In my opinion, for every trader to completely benefit from forex, then we must have the basic knowledge which is the primary thing and every other thing is a secondary thing.
i just hope to complete my basic knowledge before i would start my forex trading properly.

 

[usman khan]

hi friends!i think the basic requirement in start Forex is some knowledge some experience about Forex and some trading experience about Forex thanks.