Forex Tips

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There is no one single thing that is more important than other when trading Forex. You need to get it all right in order to make money. Get one thing wrong and you will be the 90% who are losers. This is why it is so difficult

there is no way to ignore the importance of demo , but we are not serious when trading , because no real money there is and no emotions for that reason.

sometimes its difficult to keep patience when trading in demo , so i prefer micro account instead of demo even though sometimes it causes a great risk for beginners.

Every trader has to be properly educated to make money from this market. They also need to choose a good and reliable broker. Without a good broker, they may face a huge loss.

Making money is not so easy. If you want to make money from this risky market, you need to make a good and profitable strategy. Without a proper plan you can not survive in this risky market.

The time it takes to be successful in forex depends on each and every individual's capacity. Some may become successful in a short period of time while some will need a long time.

yes, there is no shortcut to be successful. One has to gain knowledge and practice

One will be the luckiest who can find the shortcut to success.

Every trader should choose the best broker for the market. They can take help from the websites that provide broker reviews.

The newcomers cannot avoid losses by their greediness and emotions, it’s true. But the regular traders cannot come out their losses because of having most powerful risk management and MM. they always fours on just acquiring good trading knowledge . of course we have to do it. But besides it must be focused on risk managing approach if we want to avoid losses.

If you want to succeed in forex trading, yoiu need to have proper knowledge and education with proper experience. Because it is a very risky market.

which trading pair which more appropriate it depends on your trading condition. if love doing scalping should choose the pair which has lowest trading spreads.

automated trading is a source to bring profit even though there is no trading knowledge and experience , so of course someone can use it with no doubt.

Forex is a most profitable business. If you have enough knowledge about the market, you can make a huge amount pf money from this market.

It is not possible to make a profit in trading without trading practice. Developing skills as a trader is very important. If a trader trades without learning, it is never possible for him to achieve success.

LeviSievwright5 posted:
It is not possible to make a profit in trading without trading practice. Developing skills as a trader is very important. If a trader trades without learning, it is never possible for him to achieve success.

You are right. If one wants to be successful in forex trading, then learning and practice shouldn't be compromised at all.

Roberto21 posted:
In my opinion , major currencies like EUR, USD, JPY, GBP etc can be a few to keep in mind while trading for profit. Others currencies are also good but I think these pairs can be high riskier and less liquid too.

You are right, majors are more liquid, they are a good choice, especially for beginners.

Forex is a risky business. If you don't have p[roper knowledge and experience about this, you can not make money from this market. You may lose all your investment because of you r low knowledge.