1. The Forex, Binary Options Forum - welcomes you to our Community!

    DigitalCashPalace Forum is dedicated to discussions about Forex, Binary Options, commodities, stocks related.

    Please take a look around, and feel free to .

Where should i begin ?

Discussion in 'Beginners Forum' started by Anto Milan Liverpool, Jul 7, 2012.

  1. altrov

    altrov

    Messages:
    4
    Likes Received:
    0
    Start with reading online materials. A lot of brokers are offering free forex education. Don't trade unless you know every thing about Forex. Learning is a continuous process so don't get tired of discovering things.
     
  2. Lee Mark

    Lee Mark

    Messages:
    996
    Likes Received:
    4
    You are right! Right now, brokers are active on educational programs! But, only Broker’s educational materials is not enough actually! It’s a knowledge based profession! So, traders need deep knowledge on technical and fundamental analysis! Another thing; learning is a long time process; so don’t be rush!
     
  3. kxforexmart

    kxforexmart

    Messages:
    440
    Likes Received:
    3
    New traders should start their trading from the demo accounts because that is the main platform to perform and increase the experience and the confidence
     
  4. karleytreutel

    karleytreutel

    Messages:
    8
    Likes Received:
    0
    Getting a decent establishment about forex trading is without a doubt the most ideal approach to start. With a specific end goal to completely comprehend what you are getting yourself into and how to reliably make those benefits you have to know the nuts and bolts of forex trading so locate some great online instructional exercises to start your forex learning knowledge. Broker is likewise imperative for trading. That is the reason I trade with SNP Investments where I can use all type of robot for my trading. I moreover like their low spreads and minute trade execution.
     
  5. helodear123

    helodear123

    Messages:
    260
    Likes Received:
    3
    There are a lot many learning stuff available online which is usually free of any cost and is meant for trader awareness, i also suggest taking time to learn from the hotforex free webinars which are really very good.
     
  6. Svetlana Loboda

    Svetlana Loboda

    Messages:
    616
    Likes Received:
    3
    Free webinar is a good option; I always support free trading instruments rather than the paid! Because I see, most of the paid services are valueless.
     
  7. Hoang

    Hoang

    Messages:
    51
    Likes Received:
    1
    Learn well, take your time in learning, understand what you want to get into, think about it, then select a broker. Start demo trading with the broker, and start a small live account.
     
  8. Vabue

    Vabue

    Messages:
    28
    Likes Received:
    1
    Hello and I would like to appreciate your interest in the forex market. I think you need to start from gaining the basic knowledge about the fuctionality of the forex market. Then, you need to start with a demo account for implementing your knowledge on the live market. Thanks!
     
  9. Lee Mark

    Lee Mark

    Messages:
    996
    Likes Received:
    4
    Knowledge is the key! In addition, only primary level knowledge is not enough here for live trading; traders need advance knowledge in that case.
     
  10. Tom Latham

    Tom Latham

    Messages:
    1,182
    Likes Received:
    7
    Demo is the best place to start with! If you face any difficulty; ask here! That’s the general rule!
     
  11. helodear123

    helodear123

    Messages:
    260
    Likes Received:
    3
    Demo account is in fact the most powerful asset for any successful trader so anyone who wishes to become successful in future should not ignore the importance of trading demo accounts.
     
  12. ZhoGorisar

    ZhoGorisar

    Messages:
    7
    Likes Received:
    1
    I will tell you how I delved into Forex
    I saw an advertisement of some broker and I was wondering what it is.
    I did not find any understandable explanation of what Forex is on the site and decided to search the network.
    I found a book on technical analysis. I was wondering what it is. There were a lot of incomprehensible words in the book, so I searched the Internet for definitions all the time. I wrote out the most difficult, so that later I would not return to the search.
    After this book, I started watching a video where other traders show their trades. I thought that I already know everything and now I’ll record such a video myself.
    I really videotaped my first market entry. I lost all the money ....
    Then I found out that there are demo accounts where you can trade and try various assets for free.
    The video was saved on my computer. When I lose some money and want to win it back, I turn on this video and stop trading.
     
  13. Faal

    Faal

    Messages:
    436
    Likes Received:
    5
    we always advise to learn basic level for beginners level , but learning can be useless if there is no regular practice in demo or micro account , so besides learning it is more appropriate to emphasis on practice session
     
  14. LorrainMor

    LorrainMor

    Messages:
    245
    Likes Received:
    7
    Technical traders use indicators to distinguish market examples and trends. The greater part of these indicators falls into two classifications: driving and slacking. The main pointer is an apparatus intended to foresee the future bearing of a market, so as to empower traders to anticipate market developments early. A slacking pointer is an instrument that gives postponed input, which means it gives a sign once the value development has just passed or is in advancement.
     
  15. Svetlana Loboda

    Svetlana Loboda

    Messages:
    616
    Likes Received:
    3
    Only trading indicator is not enough here; I think having a chart reading skill is much useful than depending on any technical tool! On the other hand, avoiding fundamental isn’t a smart decision!
     
  16. Andrew McCalam

    Andrew McCalam

    Messages:
    101
    Likes Received:
    2
    The proper education is really important for the traders to become a knowledgeable trader very rapidly. generally many experience trader suggest Babypips as a best educational platforms which always ensures all important trading with essential terms and conditions. but according to me, I don’t think so.
     
Loading...
Similar Threads - Where should begin Forum Date
Where Is The Money? Market Forecasts and Analysis Mar 22, 2017
Where do you develop your trading techniques? General Trading Forum Dec 5, 2013
Where and how to trade in Forex General Trading Forum May 9, 2013
Where to get training for Commodity market investment? Commodities and Stocks Dec 26, 2012
Where Can I get accurate nifty tips on mobile. Commodities and Stocks Dec 25, 2012