First steps on trading

[ForexVerified]

First steps on trading is to know that you cannot win every time you enter a trade. Realizing that loss is a part of trading is a great achievement at the start of your trading career.

True, learning to accept losses will take you steps ahead of other traders.

 

[nahiyar]

Your first step is not earning. it is your aim to earn from forex. make your self able to get this target.First thing you should know all about forex basics. Then make a lot of practice on demo and micro account to learn risk management and funds management . After it this business will be a profitable one for you.

 

[EuroTrader]

Your first step is not earning. it is your aim to earn from forex. make your self able to get this target.First thing you should know all about forex basics. Then make a lot of practice on demo and micro account to learn risk management and funds management . After it this business will be a profitable one for you.

Yes we have to understand what are the main aspects of our trading and how we are going to earn from our trades. If we want to become more successful then we will have to make some efforts also

 

[downtrend]

First steps on trading is learning, you need to start by getting knowledge about the market. Use information shared freely on the internet on many websites to understand the forex market before you invest in it.

 

[dianajs]

The first step, in my opinion, should be learning basic theory as well as learning the software, i.e the trading platform you're going to use. Learn all its functions and shortcuts, then start studying the basics of technical and/or fundamental analysis.

 

[nahiyar]

Of course learning is basic steps for beginners than they should be aware how to use trading platform and face trading market this thing you can easily learn on demo account . You learning will continue as you will be doing trading in forex market.

 

[downtrend]

Of course learning is basic steps for beginners than they should be aware how to use trading platform and face trading market this thing you can easily learn on demo account . You learning will continue as you will be doing trading in forex market.

You are right for still after reading and learning you need practice. Any practice in a demo account is only an understanding of the market, you need to have skills on trading a real account that only comes after real account trading.

 

[EuroTrader]

You are right for still after reading and learning you need practice. Any practice in a demo account is only an understanding of the market, you need to have skills on trading a real account that only comes after real account trading.

It is true that a trader needs years of trading related practice and only after that he is in a condition to earn a handsome income from his trades

 

[dianajs]

Practice, of course, is vital to learning to trade well. Practise different strategies at different times of the day until you figure out what suits your individual needs and preferences as a trader the most. That's not something that can be figured out by learning theory alone.

 

[EuroTrader]

Practice, of course, is vital to learning to trade well. Practise different strategies at different times of the day until you figure out what suits your individual needs and preferences as a trader the most. That's not something that can be figured out by learning theory alone.

If we want to do our trading on a regular basis then we can actually do that. But for doing that we have to first of all learn a good as well as stable Forex trading system