Is there anything to learn before starting forex trading for success? Or it is totally depend on one’s fate?
Is there anything to learn before starting forex trading for success? Or it is totally depend on one’s fate?
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July 15th, 2010 at 12:44 pm
You want to know the secret to making a small fortune? Start with a large fortune and trade currencies.
July 15th, 2010 at 1:25 pm
No, that would be gambling. If ou want excitement and something to talk about at parties, go right ahead. If you want to get my money away from me, then you have to know more than I do, increasing the probability that you will be right and I will be wrong.
Remember, whenever you’re buying, that means somebody else is selling.
July 15th, 2010 at 1:27 pm
I would sign up for http://www.shareplanner.com. I am a newbie and I signed up for their stock advice. They gave me exactly the price I should buy at, sell for and put for a stop loss. They describe different trades ranging from swing trades to long term investing and the risk factor for each trade. It’s worth the investment. They’ve helped me a lot.
July 15th, 2010 at 2:21 pm
First you need to have a good basic knowledge of forex trading before you can start.
Then you should try some of the aids available. These are systems that can help you a lot such as signal generators. They help to control your risks as well. Practice on them until you are comfortable that they work for you.
To some extent, luck plays a part but I think it’s more from experience and prudence. At least in the longer term, these will help you more than luck.
July 15th, 2010 at 2:39 pm
You do not have to learn in my system.
Do nothing.
9,000% in 10 months comes automatically.
In this crisis year, let’s put it 1,000% in 1 year by doing nothing.
Thank me later:
http://automaticforextrading.blogspot.com
July 15th, 2010 at 3:20 pm
Lack of knowledge: If you have never traded Forex before, educate yourself! Successful traders are not born that way. The difference between success and failure in the Forex market depends in no small part on the knowledge and education of a trader. For the beginning trader, a proper education is essential before investing in the Foreign Exchange. Find a program you are comfortable with, and begin practicing on a demo account!
…For the most recommended and Automated forex trading software, Go Here: http://cashunter.mypodcast.com/
July 15th, 2010 at 4:14 pm
Do all the research you can. Anything will help. I have created a site devoted to helping people learn the Forex market there is also a great Forex Trading Platform available.
Go To http://www.ForexTradingHelp.net