need the preparation of the trading to enter the market?
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Thread: need the preparation of the trading to enter the market?

  1. #1
    Trader
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    need the preparation of the trading to enter the market?

    I think being a trader we need to have the proper preparation to start the trading or enter the market because if we have the good preparation and plan then we manage the trading well so i think we need the good preparation before enter the market.

  2. #2
    True, the preparation such is:

    1. Collecting knowledge needed to support the work. Can be learned from this forum, books or a mentor.
    2. Practicing with a demo account (especially for newcomers).
    3. Preparing the money to be used as start-up capital, depending on the size from each desire.
    4. Makes planning a system of precise and accurate. Discipline and commitment to be able to execute those plans.
    5. Making eveluasi every month. To assess the results of our work.
    6. There is no term stop to keep learning.

  3. #3
    Trader
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    we need to prepare ourselves before trading by analyzing the market on many time frames to be able to determine the direction of the market that will help us to choose the proper positions of trading and so this will increase the possibility of making money and will decrease the possibility of making mistakes and so this will decrease loss and will survive in forex market

  4. #4
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    Yes you are right we need good preparation to get pass in forex trading. It is like an Exam, The more we read the more we can get good result. In forex, We need to develop our own strategy and we need to be careful because Forex is a risky business and we all are here to earn money not losing money.

  5. #5
    Trader dkarev's Avatar
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    it is very important we make preparation of the market before trading without proper market preparation the chances of making profit while trading will be very low,proper preparation is the only way we can get something from the market when trading,though our preparation is more like running market analysis before trading and we all know market analysis is important.

  6. #6
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    We can dream to lead a beautiful life through forex trade and it is very possible in this trade. If we minus the loss part of this trade, then we can not able to see any other disadvantage of this trade. Of course we can hope to lead a beautiful life through forex trading and we need to continue our best efforts to make it a real. For that we need to prepare ourselves by gathering required skill and knowledge.

  7. #7
    Yes, i need preparation of the trading to enter the market because every specail work needs preparation and forex trading business is very special for me and i never wants to do any mistake in forex trading business and i want to do pure work and earn money on my faithfull work not on cheating or mistakes

  8. #8
    Every works need preparation because try make a men perfect and if you can not prepare your self for any work then you will never successed in your mission and if you go with your plan,idea and a prepere methods then you will never do mistake and you will be successed easily and it will be better for you

  9. #9
    True, we do need preparation before entering the trading market, because if we do not have a prep then we will have difficulty in finding a solution when faced with conditions that we do not expect before, so we need to prepare everything we would need and we use it in forex trading.

  10. #10
    Before starting trading in forex a new trader should be well prepared.He can be prepared by collecting knowledge about forex trading.He should start trading in demo accounts first and after having much experience about Forex he an trade in real accounts.A trader need to have his own strategy or plan while trading in order to earn from forex.

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