Loss is an inevitable part of trading there is nobody who can avoid it completely; mostly loss occurs due to lack of exact money management plan as well non-skill trading knowledge. So, for avoiding loss we have to focus on there.
paull3000 posted: Take a look at this book at Amazon: The Black Book of Forex Trading
I believe it's simple yet powerful, specially for beginners
This book is really good which guides you how to stop struggling the market and earn money consistently.
With no offense to any book, I think consistency can only be achieved with practice and practice in this field. Seeing the practical side of things, than just reading about them, is far better.
i agree, but for beginners it is best to start with books, to get more clarification on the terms used and a little knowledge. directly jumping into the pool without even having a slightest idea how to swim is dangerous.
Roberto21 posted: Loss is an inevitable part of trading there is nobody who can avoid it completely; mostly loss occurs due to lack of exact money management plan as well non-skill trading knowledge. So, for avoiding loss we have to focus on there.
Mohammadi posted: Newcomers first of all have to observe some mandatory things if they want to lead a secure and comfortable trading life with certainly. Only good trading knowledge cannot bring success in this volatile trading place. Besides good trading knowledge we the traders have to make sure a reliable support from a credible trading broker, because the broker can affects the result of our trading with certainly.
All Traders of New have to first become smart and than relearn how to learn how to be calm in the face of uncertainty. Than and only than may they than open a broker account, but only a good broker account, to be certain of certain certanly circumstances :)
ADVERTENCIA DE ALTO RIESGO: El comercio de divisas implica un alto nivel de riesgo que puede no ser adecuado para todos los inversores.
El efecto de apalancamiento crea un riesgo adicional y una exposición a las pérdidas. Antes de decidirse a operar con divisas, considere cuidadosamente sus objetivos de inversión, su nivel de experiencia y su tolerancia al riesgo.
Podría perder una parte o la totalidad de su inversión inicial. No invierta dinero que no puede permitirse perder. Infórmese sobre los riesgos asociados al trading de divisas y pida consejo a un asesor financiero o fiscal independiente si tiene alguna duda.
Todos los datos y la información se proporcionan "tal cual" con fines informativos únicamente y no están destinados a fines comerciales o de recomendación.
Los resultados pasados no son indicativos de los resultados futuros.