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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 » Sun Oct 30, 2016 6:12 pm

To start Forex trading business each and every traders have to implement the perfect trading strategy and plan so that they can go through the right path and can pass every hurdles with ease.
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Re: How to start forex trading?

Postby Boshka » Tue Nov 01, 2016 11:53 am

I'd recommend all the newbies to start with activating that $1000 no deposit bonus from my broker:

https://freshforex.com/traders/promo/test-drive.html
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Re: How to start forex trading?

Postby Sebastian Abney » Wed Nov 02, 2016 11:21 am

We must focus on trading with step by step approach instead of jumping into things too early. We should first learn well and then execute on demo, if all this works then only we should go for real account or else it could be very risky. I always keep it all very simple with learning well and thanks to OctaFX broker, I am able to execute everything nicely through their lovely demo contest like cTrader, it’s weekly based yet got mouth-watering prize of 400 dollars.
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Re: How to start forex trading?

Postby kxforexmart » Wed Nov 02, 2016 1:34 pm

First we have to be thorough with the basic terms of the Forex trading field and for that traders then have to shift to the demo trading so that they can gain the experience with time.
https://www.forexmart.com/
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Re: How to start forex trading?

Postby Sininfinity » Sat May 06, 2017 7:31 am

kxforexmart wrote:First we have to be thorough with the basic terms of the Forex trading field and for that traders then have to shift to the demo trading so that they can gain the experience with time.


They new traders do what you say, after that they should use certain amount which they can afford to lose. That will help them train emotions and gain experience and also learn to manage their money.
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Re: How to start forex trading?

Postby kxforexmart » Sun Jun 18, 2017 12:31 pm

Traders have to be very much positive about the trading analysis and they should do their homework perfectly so that they can start their trading in a winning fashion.
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Re: How to start forex trading?

Postby Joy Bahadur » Sun Jun 18, 2017 12:34 pm

The leverage always consider as an important financial tool which an investor should consider when choosing a broker. it always contains risk , so before trading with leverage we the traders have to know how to manage risk , my trading career I always use 1:100 leverage for avoiding risk , but when I can predict the real faction of this market with certainly then I use up to leverage 1:500 that always ensures my trading platform LQDFX. So, my trading life is very much comfortable.
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Re: How to start forex trading?

Postby kxforexmart » Sat Jul 08, 2017 5:40 am

When traders gain the basic knowledge about the Forex business they can start this profession with positive move and like that we can improve the trading strategies and plans.
https://www.forexmart.com/
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Re: How to start forex trading?

Postby Sininfinity » Sat Jul 08, 2017 6:44 am

kxforexmart wrote:When traders gain the basic knowledge about the Forex business they can start this profession with positive move and like that we can improve the trading strategies and plans.


You are right. The process will take some time and they would need give themselves the time to organize things properly so their trading plan can bring them positive pips. Over time they can improve it and can make a decent income.
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Re: How to start forex trading?

Postby kxforexmart » Sun Jul 09, 2017 12:44 pm

Before starting trading in the real account of the Forex business we should gain the priliminary knowledge and experience so that we can have the skill and can deal with the market in a proper manner
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