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Trading forex

Discussion in 'Beginners Bootcamp' started by c2590088, Dec 11, 2013.

  1. holycow

    holycow Master Sergeant

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    Anyone who is interested in doing forex trading should also learn how to make money through forex trading otherwise the account can be blown within no time.
     
  2. downtrend

    downtrend Sergeant

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    Trading forex is an amazing business but you need great amount of knowledge and experience in order to become a good trader and earn regularly from forex market.
     
  3. William Barnes

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    Today forex market has become a potential investment field for the small, retail individual traders. Traders are actively engaging in this global platform due to its infrastructural benefits mostly. But we can't deny the reality that forex trading requires good education. Smaller investment can be afforded here but no trader will sustain over a long period of time without sufficient knowledge and skills about forex trading.

    So while a trader is thinking to join in this world currency market; he should also give his full concentration on how he can gain expertise and aptitude about the basic forex trading techniques and tools. In order to get acquaintances with forex market; demo trading account can be a great help for any foreign currency exchange traders.
     
  4. Nisoro

    Nisoro Recruit

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    I totally disagree. You can trade on the Forex market but you need to learn some basics of the market. You have to find the answers of some important questions including are you a mentally strong to control your emotions? Which catalysts move the market? Have you built a strategy for your trades?
     
  5. annar

    annar Recruit

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    Trading is a difficult place to work on but it is not impossible to get familiar with it in a proper way. As a beginner, you have to make your mind in a way that you need to stay alert all the time as the opportunity can knock at your door at any time.
     
  6. TrapLok

    TrapLok Recruit

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    Every business is risky and taking first step ia always difficult as you have to overcome many things before taking that step. But things go easier with the passage of time. People are earning good profits on the Forex market and they are humans, if they can then you can also. But one muat remebered thing is to work hard and long. Thanks!
     
    audrey collins likes this.
  7. Ross Bourque

    Ross Bourque Banned multi and spammer for ForexChief

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    Forex is a decentralized market place where small traders are receiving earning opportunities and fortunately traders are earning good profit from the currency exchanges on a global platform. Traders are receiving the money making opportunities from trading anywhere around the world. Even a foreign currency exchange trader receives flexibility to engage in trading with any smaller amount as traders have the chances to trade with micro trading accounts.

    It is true that a few years ago only big commercial and central banks are engaging in the forex trading a few years ago. Now with the advancement of technologies, retail, small scale traders are receiving the chances to take participate in the forex trading with the help of various forex traders.
     
  8. maria_taylor

    maria_taylor Recruit

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    Right! Forex is indeed an amazing place but if you are not passionate about it and just starting trading in the hope of making huge profits, then you can't survive here for a longer period of time. It requires enthusiasm, dedication, learning attitude and off course patience.
     
  9. audrey collins

    audrey collins Recruit

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    Exactly! Whenever we take our first steps into any new thing or experience we will feel a little confused and it will be difficult also. And Forex trading is no exception, more so because it can be a bit more challenging to understand than some other fields. But with persistence and dedication you'll acquire that knowledge in time. At least if someone is so curious and confident about forex trading then he/she should give forex trading a try. Open a demo account and start trading on it.
     
  10. Aaron Barton

    Aaron Barton Recruit

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    Both experience and knowledge are important. Actually they both are related to each other. Education is must for forex trading as it is a work of professional. To become a professional you need knowledge. You have to reliably sharpen your trading learning if you have to stay long around here. And experience comes when you educate yourself.
     

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