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How to start forex trading?

This forum is for new and aspiring Forex traders. Trading can be very risky but can also bring great rewards. No one starts with continuous success but many continue with the success. It's a continuous learning, unlearning and learning again. Ask your questions, share your frustrations and also smiles of success. The objective is to have more and more smiles. Hoping to have the pros to frequent this playground to coach the new team here.
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Re: How to start forex trading?

Postby kxforexmart » Tue Oct 11, 2016 4:51 am

With the basic knowledge traders have to start their trading journey and for that they have to be very much possessive about the market and after that they should try the demo so that they can develop the skill as well as the knowledge.
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Re: How to start forex trading?

Postby Gozmit » Tue Oct 11, 2016 6:56 am

You need to do Demo practice, if you really wanna become successful in Forex Trading. Practice makes men perfect and that implies here too.
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Re: How to start forex trading?

Postby radex78 » Wed Oct 12, 2016 11:13 pm

Yes we can use demo account for learning purposes on start forex learning, but before use demo account also we can reading many source that related forex, babypips is very popular site among trader, so many trader learn from there and almost they get valuable knowledge about forex
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Re: How to start forex trading?

Postby kxforexmart » Thu Oct 13, 2016 5:55 am

Forex trading should be done with a proper plan and a good trading strategy by knowing the basic and the principle of the business well and for that traders have to know the steps properly so that they can make consistent performance.
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Re: How to start forex trading?

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Re: How to start forex trading?

Postby Gozmit » Wed Oct 19, 2016 5:34 am

kxforexmart wrote:Forex trading should be done with a proper plan and a good trading strategy by knowing the basic and the principle of the business well and for that traders have to know the steps properly so that they can make consistent performance.


Yeah...! Without any proper knowledge and skills, Forex Trading would be just a waste of time for the traders, and also a good plan is required to become a successful trader.
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Re: How to start forex trading?

Postby radex78 » Wed Oct 19, 2016 10:59 pm

Yes indeed if lack of knowledge and no skill here hence will hard to survive and making money through forex business, we need high patience also during trading in the market and also need good analysis and keep update with the trend market and cut loss early if on certain point will harmful accounyt and let profit run if likely support trader
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Re: How to start forex trading?

Postby Greg » Tue Oct 25, 2016 1:21 pm

Have you heard of Forex Robots? My advice to newbies is never to not rely on it and other wonder methods, for generating great profits. It may surprise you to know that as popular as they are, they are an unproven and untested way to help you make good profits. They created to enrich their creators. So be careful.
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Re: How to start forex trading?

Postby Sebastian Abney » Tue Oct 25, 2016 7:07 pm

Trading can be started very easily now days because we can start up with no deposit bonuses, demo contest or several other ways. I believe we should firstly get proper knowledge and then we should work to gain experience which can be done by above options. I have done that only and for me, it was ever easy and even currently it’s easy with OctaFX broker using their demo contest like cTrader, it’s weekly based yet got superb prize which is up to 400 USD, so works fantastically!
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Re: How to start forex trading?

Postby radex78 » Tue Oct 25, 2016 10:47 pm

Yes start forex indeed easy, but most difficulties in trading is how to making profit consistently here, sometime on the day we can making easy profit, but still not sure for next day opportunity might still possible we facing with loss again, but we still here and hardwork to survive
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