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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. #1741
    Rookie layigold's Avatar
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    So many things have been said on this thread and even with that some people may still not know what it takes to start forex trading correctly.Though it is good you learn forex trading to the point of acquiring the knowledge, good trading skills and experience but most importantly , you need to have a trading strategy of your own and this can only be possible after you have known your trading personality and the most suitable trading style that perfectly fits your personality.The foundation you lay for your own trading career matters a lot because that is what determines how long you will last in trading business

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    Rookie Silhouette's Avatar
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    Quote Originally Posted by layigold View Post
    So many things have been said on this thread and even with that some people may still not know what it takes to start forex trading correctly.Though it is good you learn forex trading to the point of acquiring the knowledge, good trading skills and experience but most importantly , you need to have a trading strategy of your own and this can only be possible after you have known your trading personality and the most suitable trading style that perfectly fits your personality.The foundation you lay for your own trading career matters a lot because that is what determines how long you will last in trading business
    There should be a huge announcement in many forex sites which shown as notice to remind people especially the new traders about the risk of trading with forex market. We need to stop being a bad trader and start taking things seriously right now because we can only get good profits as long as we can prove it with our strategy and good management in money and risk. Yes it might take up for pages of writtings to remind beginners about forex market.

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    rules made to be followed, not to be broken

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    Quote Originally Posted by Silhouette View Post
    There should be a huge announcement in many forex sites which shown as notice to remind people especially the new traders about the risk of trading with forex market. We need to stop being a bad trader and start taking things seriously right now because we can only get good profits as long as we can prove it with our strategy and good management in money and risk. Yes it might take up for pages of writtings to remind beginners about forex market.
    There is already, because there is a warning that forex is a highly risky business, so I think when traders still end up failing in the business they are the cause of it. We have all those warnings and then above all, the internet has really got to make it more easier for us because we can now learn from the internet without any form of paying any one for teaching.

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    Quote Originally Posted by Lyon View Post
    There is already, because there is a warning that forex is a highly risky business, so I think when traders still end up failing in the business they are the cause of it. We have all those warnings and then above all, the internet has really got to make it more easier for us because we can now learn from the internet without any form of paying any one for teaching.
    This warning is just give information and alarm that we enter in this market with learning and with good knowledge that is a simple way for trader to enter in this market if we are with good learning and with good knowledge enter in this market we are safe and we will trade successfully and help us to gain success .

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  6. #1745
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    Forex trading is known to be a profitable business but it's also very risky that's why beginners must know the real fact before deciding on trading forex. I suggest they take the demo account seriously and improve on the means to which they can make a better trade for themselves. In this business there is lots more to gain here and as trader who wants his goals to be achieved, hard work is necessary and will help see they grow in this business as they look forward to succeed with this very opportunity.

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    Quote Originally Posted by Tonycee View Post
    Forex trading is known to be a profitable business but it's also very risky that's why beginners must know the real fact before deciding on trading forex. I suggest they take the demo account seriously and improve on the means to which they can make a better trade for themselves. In this business there is lots more to gain here and as trader who wants his goals to be achieved, hard work is necessary and will help see they grow in this business as they look forward to succeed with this very opportunity.
    There are many strategies which we have to trade successfully planing and get success for good results we must trade well , this is a good market where we have option for good trading and will give us good results , all the plan is available for trader so if we want to follow it we get positive results , we have to follow all the learning helping hand which is best for trade and we get success .

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    Most people make a rush into live trading at the early stages of their trading career without serious preparation in the area of learning and practice . I was a victim of this and I learned my lesson in a very hard way because I lost almost all my life savings into forex . The way a trader starts forex trading career matters a lot because the strength of the foundation is the life of the building and when a trader does not lay a very strong foundation for himself in forex trading , there is nothing where he can build upon . The beginning point of a forex trading career is learning and practice because that is the only way to acquiring the knowledge , skills and experience

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