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Thread: forex Trading for Main Knowledge
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07-04-2013, 09:18 PM #1
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forex Trading for Main Knowledge
How much knowledge is required to be successful in Forex trade?
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07-05-2013, 01:20 AM #2
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well, i think that forex trading is a very professional business and in it we have to behave like a professional trader but i think in this business we can trade very properly because of its rules as well as e can earn a lot of things from it like we can gain experience, skill , knowledge and we can also ear a lots of profit but only when we will win the trade so i think we can get a lots of things from this business.
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07-05-2013, 01:30 AM #3
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to be honest there is not enough knowledge on man can have to become successful in the trading process. the thing is that the ability to analyse the trend in the market will come eventually as time passes and one gets more and more experience. You should try learning about the forex system first by using demo accounts and later take help from experienced traders to guide you.
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07-05-2013, 01:53 AM #4
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i think no any stage where u tell u get total knowlege of forex trading this is ragular working in forex . yoiu shoud try earning about the forex system first by using demo account adn late tak hlep form expriences trader.
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07-05-2013, 03:46 AM #5
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There is no level of knoweldge in forex tradeing. a forex trader life is full of adventure everyday he.she will learn new new things regarding forex market infact a forex trader life is full of adventure and excitement.. But if we go with numbers then the round figure will be around 2 to 3 years
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07-05-2013, 05:53 AM #6
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to be able to get success from forex trading, of course, we need a lot of knowledge and we are also going to need a very long time to be able to get the knowledge, and we also have to run multiple processes in order to gain the knowledge that what we have learned we can understand well, so that we can apply that knowledge when trading forex, and if we only have a very limited knowledge, then we would be very difficult to be able to get success from forex trading, because forex trading is a business that requires the trader to always learning and practicing continuous basis in order to get success
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07-05-2013, 06:01 AM #7
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There is no limit to which a trader should learn and understand the forex trading business. Forex trading has grown to become so much interesting that whoever desires to be a part of the trading business, must be willing to acquire the main knowledge, of which without it, the trader cannot be able to perform and make profitable trades in his business.
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07-05-2013, 06:42 AM #8
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If people want to earn profit from forex trade to use their knowledge then always they need to try for gain their knowledge about forex day by day . If people cant get proper knowledge about forex trade then people never earn profit regular from here , So we should always need to learn this forex for gain our knowledge always high
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07-05-2013, 06:52 AM #9
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For forex trading you have basic knowledge about mt4 trade platform and how you can operate it how can you get pending order and also open or close order. After that you have also knowledge about candles sicks and market movement well. If you have all thing knowledge you get success on this platform without all it is not possible to get profit from his platform.
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07-05-2013, 08:46 AM #10
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There is no demarcation to which a merchandiser should instruct and see the forex trading playing. Forex trading has grown to metamorphose so some stimulating that whoever desires to be a leave of the trading business, staleness be willing to get the water knowledge, of which without it, the merchandiser cannot be healthy to fulfil and achieve advantageous trades in his commercialism.
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07-05-2013, 11:11 AM #11
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yes i agree with you Forex trading can be a mother of all business and we can do the best in this business and we all are in this business and this business is a huge business and a mother of all business as well as.my thing you say right because forex is very big online trading market and his profit advantages and rates is more batter than all online business and forex trading is very pa polar in the world on internet and many big traders is trade on forex market.thanks
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07-05-2013, 11:23 AM #12
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i think forex is very much vast business and forex knowledge is too much,but we have to get certain knowledge which gives us good profit from our trades..we should learn some good profitable strategy which help us in forex for long time..
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07-05-2013, 01:24 PM #13
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Knowledge in trading cannot be measured because it depends on the particular trader how he adjust to certain trading conditions and his psychology, we can only say that we already have enough knowledge when we are able to trade well in these market and be able to handle our psychology well at any market conditions.
STAY FOCUS AND DISCIPLINE !
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07-05-2013, 03:11 PM #14
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Yes, forex trading may also be done to earn information. forex for me is the store house of knowledge. One can gain a lot of knowledge about the market strategies by analyzing the market or by studying it. it help us to gain information about the ongoing flow of market and various currencies.
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07-05-2013, 03:31 PM #15
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There is no limit for knowledge to be start on Forex because it is a very diverse business it has so much knowledge which a trader can gain it is like a sea from which we can earn so much with our knowledge but for starting Forex trading a person should at least know about the skills, the tactics, the strategies the technical fundamental and sentimental analysis with the good knowledge of the trading platform the trader is using how to operate it and how to start and end the trade about the stop loss or take profit.