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07-13-2013, 12:55 AM #1
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What are the steps to achieve success in the forex
Hello friends
I would like to ask a question
What are the steps to achieve success in the forex market and what are the appropriate worktime for trading in the forex market
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07-13-2013, 02:13 PM #2
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there are many ways which we can adopt for getting success in trading 1st we need to understand that forex market is so much risky and we should be very careful and we ened to learn before investing becuase if we will not learna dn make practice on demo trading account then there are greater chance to be get loss from this risky business so we need to be build tradign skills and knwoledge for getting sucess in trading
A Working Ant is Better Than A Sleeping Elephant, A Small Progress Everyday Leads Us To Big Results
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07-13-2013, 02:41 PM #3
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the steps you need to achieve success in forex market are ...
[1] always trade with low risk low lot size lot leverage ..
[2] do not greed for more if you got little profit then take it not wait for more
[3] news to trade mean fudamental analysis try to used
[4] do not depend upon indicator too much
[5] emotions free to trade
[6] respect your strategy
if you want to success full then you need to follow these things and become successfullYOUR ONE THANKS IS APRECITAEABLE FOR ME
KINDLY CLICK THANKS
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07-13-2013, 02:47 PM #4
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Forex business is the name of step by step on going way to the success,those people who follow these golden rules can never find guilty can never find wrong,actually there are some rules when you will follow them you will become a successful forex trader,money management a very important tool,which gives you surety of success,trading always with the trend also,.etc
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07-13-2013, 02:49 PM #5
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Forex is a best and real online business its a profitable and challenging business thare are lots of steps to achieve success in forex trading some are follows:learn properly about forex and its rules and regulations,then make good plan and strategy to make profit in a short time by successful trading and then do lots of practice on demo account to gain knowledge and experience about tarding and then start real trading to achieve success..
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07-13-2013, 03:33 PM #6
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I think that every trader should take some steps to achieve success in the Forex. I think the first step is knowledge. If you do not have proper knowledge about the Forex trading you can not achieve the success in the Forex. The second step is invested money. If you want to work in the Forex trading you need some money which you will invest in the Forex trading to get some benefit. And the third step is information. If you do not keep any information about the Forex trading, you can not achieve the success in Forex trading. So I think that every trader should obey these steps to achieve success.
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07-13-2013, 03:44 PM #7
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According to my views there are following steps which should follow in needs to get success
1) Always trade after taking analysis
2) do not open more then 3 positions if you are a new trader
3) Never trade in volatile market
4) use low risk and open low volume trades only
5) Control your emotions and Greed
6) Concentrate on pairs where you are trading
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07-13-2013, 03:46 PM #8
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Depending on my little experience, i think the steps to achieve success in this business field are: firstly: you have to make good knowledge and experience through practicing on demo account regularly to build up your confident level to trade in Real account, avoid greed, use simple indicator ( keep it simple), use proper money management and risk management in your trades.
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07-13-2013, 03:54 PM #9
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In Forex if you want to be successful than their are following steps that you need to take while trading in the Forex they are that first you need to learn about all the aspects of the Forex that how it work what are the fundamental of it what are the information knowledge which are keen in its success than you need to know that how the knowledge can be transfer to a practical condition in demo account when you think that your trading is mature you are start taking profit in demo than you should start trade in real account with a small risk and a medium size of capital with appropriate currency pair in which you have experience of being successfull
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07-14-2013, 02:25 PM #10
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the steps that make you succeed in the forex :
1- you must start the trade at the demo account for not less than three months to get the experience from the practice at the demo account and after that you can start the trade at the real account.
2- after you start the trade at the real account you must trade with low risk and moved away from greed to avoid the big loss because if you controlled on your emotions this will be the way to the success
3- always try to find the mistakes that you make it and don't repeat it again
if you do this you will succeed in the forex step by step and will be very good trader
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07-14-2013, 02:30 PM #11
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Its very easy but you should need to concentrate on your trading trying to understand that how you can manage your trades make your trades with short volume don't become as greedy person trying to understand that what reaction become next and increase your knowledge about trading.
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07-14-2013, 02:33 PM #12
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well from what you said here I think that three months is not enough for the trader to make good things from their demo account i will advice any newbie trader to atleast practice not less than six months in their trading account(Demo). Forex is one of the most risky business which we ever have so if a trader want to make success then he must surely get himself involve with a lot of practice
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well from what you said here I think that three months is not enough for the trader to make good things from their demo account i will advice any newbie trader to atleast practice not less than six months in their trading account(Demo). Forex is one of the most risky business which we ever have so if a trader want to make success then he must surely get himself involve with a lot of practice
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07-14-2013, 02:47 PM #13
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There are more steps in forex market,such as at first you have to take help from a senior member who work in Forex market.After then you have to open a demo account for enhance your experience about Forex trade.when you will gate profit from forex then you can open a live account.
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07-14-2013, 02:58 PM #14
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Make your practice strong in demo and real trading increase your knowledge about trading trying to understand that how you can manage your trades and concentrate on your trades get advises with expert trader and also get signal with them.
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Make your practice strong in demo and real trading increase your knowledge about trading trying to understand that how you can manage your trades and concentrate on your trades get advises with expert trader and also get signal with them.
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07-14-2013, 04:31 PM #15
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If you want to earn money in Forex trading you need to have a soundly based Forex trading strategy. Forex dealing is a best and real organization online its a successful and complex organization there are lots of activities to be successful in Forex dealing some are following. learn effectively about Forex and its recommendations and regulations.
Have a nice day......