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Thread: Hey Beginner , Come on Start Forex Trading business correctly

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    Registered user cowek ireng's Avatar
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    Hey Beginner , Come on Start Forex Trading business correctly

    Forex trading business is One of the a booming business types who are still relatively new among the business people online. This business comes first as an alternative investment option debutante stock, option, Future and so on. This business has slowly evolved into a business choice that if I may say is "ultimate choice". a business that goes with the futures contract trading scheme is growing because of the magnitude of return can be generated from here. many traders who began flocking to run this business. Unfortunately, 100% of the traders (according to some opinions) is only around ten percent could continue to run the business on a consistent basis and can generate revenue from it. as for the remaining ninety percent fall due to the experienced loss in the middle of the road. This phenomenon is pretty sad for a business that could potentially make us wealthy.

    So For you beginner trader Its need for attention to start Forex trading as correctly with :
    1. Learn about business that would you choose first

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    forex trading business is a business of buying and selling, or exchanging foreign currency between one currency with another currency of different countries. This business is run with the concept of trading futures contracts, where we will be bound to a contract with the broker as one organizer of forex trading
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    2. Always consider between the advantages and disadvantages the forex business

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    Forex trading business has a very high probability of being able to make us rich or poor. It is all as a result of the existence of these futures contracts trading system. There are a myriad of return but there are also a myriad of risk. on the other hand this business is a business that is valued most "practical" and most "liquid" so that we can choose this business for the long-term, even though there are still many "pros and cons" of the presence of this business.
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    3. Select an effective business strategy

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    With regard to higher risks that will confront us, then we need an effective strategies to be successful in this business. There are many trading system which we can read in this superb forum ranging from about trading system formula, trading psychology article, etc about the trading strategy. If we keep doing forex trading without any strategy, so it is just we plunge into the battlefield without any sort of weapon and protector, its so small possibility we win unless we are "lucky".
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    4. manage your finances well

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    This business is very concerned with our finances, so we need to be clever for administrating our finances. make sure we do not use the money from borrow, but use the money to "free" so we are also ready to lose not just ready to win.
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    with some of the items above, I think All beginner will be able to start this business properly. something that begins with the right, great chance to expire will be fun. Hopefully we can achieve success in this business,

    greeting traders
    Good Lucks

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  2. #1841
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    Quote Originally Posted by Nova View Post
    Forex is risky and every beginner has to be ready to plan accordingly on the right way to manage their trading, it's necessary that newbies should take time to learn in the demo account and develop good knowledge & skill. Keep in mind that those beginners who want to make money without any learning are sincere with this business and such kind of beginners will have to face the huge loss.
    The beginners wants to make money all the time, they want to become successful so fast. Trading in forex takes time and I have learned that my behavior when I was new in the market was I all about how to get earnings. But things would have been done more differently if I had learned and know how to trade and make little profits no matter how little.

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  3. #1842
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    Quote Originally Posted by Darkhorse View Post
    The beginners wants to make money all the time, they want to become successful so fast. Trading in forex takes time and I have learned that my behavior when I was new in the market was I all about how to get earnings. But things would have been done more differently if I had learned and know how to trade and make little profits no matter how little.
    Every trader new or old must have to wait for success because first of all he have to learn about trade and then we will make better trade , if anyone of us want success without knowledge and practice so i think it is just a assuption there is not really possible we have to learn and we have to make good trading plan always for success and for better trading strategies .

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  4. #1843
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    Quote Originally Posted by fahaddd View Post
    Every trader new or old must have to wait for success because first of all he have to learn about trade and then we will make better trade , if anyone of us want success without knowledge and practice so i think it is just a assuption there is not really possible we have to learn and we have to make good trading plan always for success and for better trading strategies .
    Not just wait for it but they have to work for it. because if they just have to wait for it then it might never come, but working for it the right way, using the demo account and then making sure not to be in a hurry while at it ensure it comes. Beginners needs one most important thing and that is discipline and patient. That will lead them to learn any strategy they are interested in.

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    Quote Originally Posted by Lyon View Post
    Not just wait for it but they have to work for it. because if they just have to wait for it then it might never come, but working for it the right way, using the demo account and then making sure not to be in a hurry while at it ensure it comes. Beginners needs one most important thing and that is discipline and patient. That will lead them to learn any strategy they are interested in.
    It is a good tip to new comer because if we start with discipline and with patience so in this way we will make good trade and always be in limit for trading , that will be a right idea and it is adopt well and will give trader most effective trading plan as well ,these are help full to chose any trading plan and will help trader to work with right idea as well .

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  6. #1845
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    Should we look to make it in this business, it's essential we give in our time to practice well about this business. Some newbies rush to make fast money with forex and of course find it very easy to loose their investment in no time. Practice is important and from the demo account, there is a huge steps to which we could improve and have the opportunity to become profitable in forex. We need to plan well and we need to make good steps to develop here.

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    beginners shouldn't look at the amount of people that are losing in the market. We can only make money if we learn and learning means being consistent with the knowledge and then making sure not to be in a hurry with the market. Traders that are interested in making money from the market needs to build their trading strategy properly.

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  8. #1847
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    Quote Originally Posted by fahaddd View Post
    It is a good tip to new comer because if we start with discipline and with patience so in this way we will make good trade and always be in limit for trading , that will be a right idea and it is adopt well and will give trader most effective trading plan as well ,these are help full to chose any trading plan and will help trader to work with right idea as well .
    And the most importance of them all is that when the beginner hasn't gotten good success from the demo account then they shouldn't think about trading on the real trading account because they will loss. The concept and method of trading has to be learned from the demo account. You need to master the method that will help you trade profitably on the real trading account.

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    There is necessity for us to understand how important it is to manage risk in forex. Trading this business is a helpful one for us and we should work on how best to practice good with the demo account often. Good practicals is important and what matters as a trader is for us to make perfect steps to trade good. Beginners should learn to start trading in the right means and build their system in the perfect way to which they can succeed good.

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    Quote Originally Posted by Tonycee View Post
    There is necessity for us to understand how important it is to manage risk in forex. Trading this business is a helpful one for us and we should work on how best to practice good with the demo account often. Good practicals is important and what matters as a trader is for us to make perfect steps to trade good. Beginners should learn to start trading in the right means and build their system in the perfect way to which they can succeed good.
    Yes that is true you have to understand the need of risk management and then you have to prepare your mindset to follow it. Actually Forex is the kind of business where you have to many times accept losses so as to avoid the margin calls. First thing is you must remember that there is no easy success in life and when you start Forex you should be ready to give it your best.

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    There is no doubt about it that the beginner traders are not doing the right thing as soon as they start the business hence the cause of losses and failure in the market. Success is gotten with consistent learning. Newbies in the market should know that they can not make money when they always think about the money they will make more than the learning.

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