Forex market place is a part of ocean where there is anyone who can survive in a proper way without most powerful analyzing trade knowledge; if you are a newcomer please go to online freeSchool which is very supportive for the newcomers to acquire all fundamental knowledge. And trade a demo account at any broker, learning and practicing is a great combination and this can will help you must be if you try it.
Forex trading is not a game. It has so much risk. Every trader should learn the basic knowledge about forex before entering into the market. Lack of knowledge can put them into the big problem. knowledge about forex can be learned by many ways. But the best way of learning forex is to open a demo account. This can help him to get knowledge, by which he can at least make profit slowly. When I was new in this market, I gathered knowledge by opening a demo account in Tpglobalfx. It helps me to know about forex, about trading. I also know what is good for me and what is not. I am still trading with them. They are really helpful.
45656 posted: Forex trading is really very tough business in the world for the Forex traders. But in spite of being so tough for earning money unlimited people do interested in this business. If you want to do trading in Forex you have to enough skilled at all. The traders who are very skilled and experienced can achieve his trading success early and easily. Without good trading skill you can only loss.
There is no easy way. Everything that allows you to leave your daily job and provide income is hard to reach.
We the traders should choose the brokers in cool mind, we have to choose the broker which is more appropriate to the concept of trading of trading that will be used , the traders who are particularly scalpers have to choose the broker which allows trading concept such as this.
Imamul posted: We the traders should choose the brokers in cool mind, we have to choose the broker which is more appropriate to the concept of trading of trading that will be used , the traders who are particularly scalpers have to choose the broker which allows trading concept such as this.
Select a broker with strong regulations, good history of treating their clients fairly, and a guarantee of client asset protections.
Use realistic risk management and learn to trade properly.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.