Forex trading

what should I do to learn forex trading?

Firstly you have to learn how to trade forex online. Then you have to develop skills. Without analysis skills and mind control regular profit making is not possible. So focus on learning.

There lot of resources on internet. Babypips website has good education section. You can also watch video on Youtube. But remember skills are important to make money by trading .

UweMoench posted:
There lot of resources on internet. Babypips website has good education section. You can also watch video on Youtube. But remember skills are important to make money by trading .

True. There are a lot of sources to learn. Spend time to gain more knowledge.

Smith_Paul posted:
what should I do to learn forex trading?

Learning is one of the major processes to be successful in the trading market. Don’t neglect it.

Trading is much easier for those who are professional traders. But why? Do they trade on other platforms? Or the platform on which beginner traders trade is not used by professional traders. All platforms are the same but such differences have been created due to education. So if you can get proper education, it will be much easier to make a profit from trading.

There are so many sources to learn about forex trading, maybe babypips is one popular site where so many traders around the world learn from the site with fun sentences, there are start from basic education then practice in demo account trading, if we want to learn forex, first I think we need to love with this business-like as you love to your girlfriend, sometimes you make a sacrifice, and its because love

I say from my experience. I have learned from various websites online. I have read many types of trading-related books and developed skills through demo trading.

There is no such thing as professional trader. There are 4 types of traders :
1. Traders who just want to gamble.
2. Traders who are trying to exploit well known weaknesses on new brokers.
3. Traders who stick to a strategy with very clear rules.
4. Traders who trade with other ppl money and slowly loose the money while maing rebates.
In the all types there are much more loosers than winners...

You can start with reading a book like Trading in the Zone to understand the basics. And as you learn, you can also start with practising.

urcondis posted:
You can start with reading a book like Trading in the Zone to understand the basics. And as you learn, you can also start with practising.

Books spread the eye of human knowledge. Books help in collecting many strategies and psychology in trading.

the new Fore3x trading is always difficult , because there is no one can predict the real fiction of this market with certainly , so we the newcomers always have to make sure all basic infor5mation first of all.

Tradelist45 posted:
the new Fore3x trading is always difficult , because there is no one can predict the real fiction of this market with certainly , so we the newcomers always have to make sure all basic infor5mation first of all.

Always prediction can put a trader in a great danger.

geleqdi posted:
There is no such thing as professional trader. There are 4 types of traders :
1. Traders who just want to gamble.
2. Traders who are trying to exploit well known weaknesses on new brokers.
3. Traders who stick to a strategy with very clear rules.
4. Traders who trade with other ppl money and slowly loose the money while maing rebates.
In the all types there are much more loosers than winners...

Has created a much better information. There is a lot to learn from this information.

Forex is not my hobby, I am spending here more than 12 hours in a day! In addition, in my live trading I’m following all of terms and conditions of a pro trader! But that’s doesn’t mean, here I am expecting any unrealistic profit! Right now my monthly target is round 10%, that means yearly target 120%, quite healthy yearly target!

On average 10% of return is not too less for the time you are devoting on forex?