Is there anything to learn before starting forex trading for success? Or it is totally depend on one’s fate?
geeta g asked:
Is there anything to learn before starting forex trading for success? Or it is totally depend on one’s fate?
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Is there anything to learn before starting forex trading for success? Or it is totally depend on one’s fate?
January 31st, 2009 at 10:46 am
You want to know the secret to making a small fortune? Start with a large fortune and trade currencies.
February 1st, 2009 at 4:46 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.
February 4th, 2009 at 6:19 am
I would sign up for. 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.
February 4th, 2009 at 9:42 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.
February 7th, 2009 at 6:27 am
Before you start trading Forex you must study this market and learn how to make money on it.
The Forex market is a challenging market where most people lose money, so unless you work hard on it, there’s no point in trading it.
You can learn the basics on free websites like:
Then if you feel you need to learn more you can look for a good course or system.
One that I found extremely useful was .
No matter if you learn Forex on free resources or if you buy some books or courses, you must practice your trading on a demo account. This way you’ll be able to learn how to trade and to improve your trading skills without risking your money.
February 10th, 2009 at 1:50 am
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:
February 13th, 2009 at 8:42 am
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:
February 15th, 2009 at 6:54 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.
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