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    Thread: First step of entering in forex trading market (5)

    1. #31
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      i agree with you , the first step that everyone should take is to learn about forex trading , as you said like any business , we can't join forex without knowing anything about it , so learning forex will help you to know about this market and you'll also know what you have to do in this market

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      In this market the best way to start up is by learning from the basics and understanding what this business entails about. We need to realize the need to work properly in this business and develop the right trade that will surely lead us to success. So many things can be achieved in this business and this is actually a good trade we can depend on if we can study greatly.

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      Investing ones hard earned money into an investment one does have little or no knowledge about is absolutely unacceptable no matter the amount of packaging advertisers must have giving such investment scheme, so by this we ought to have residual knowledge about forex trading by way of being thought and thereafter we practice after we do what i do refer to as due diligence on our entry procedure after we might have gotten a good trading strategy.

    5. #34
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      The first step to join in this business is Demo practice.Demo is a risk free platform where a trader can take any method because there is no actual loss in demo.Demo is the main platform to learn this business from the beginning.We apply our every idea in demo and get result.

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      Demo trading account practice is the main step before start real trading account.Demo is known as mother of forex trading business.I am a experienced forex trader and still trading in this forex trading market since 2012.The usefulness of demo is can not be described in just few words.

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      The first step that must be taken by anyone who wants to invest into forex trading market is gaining adequate knowledge and experience about the business through learning and practicing on a simulated trading account over time. There is need for us to make sure we develop good trading skills before you even start looking into live trading itself.
      Wisdom Is The Ability To Apply Knowledge And Experience To Any Given Situation.

      Foreign exchange market is a skill that requires time to learn, needs hard work to sustain and diligence to keep open the door of profits.

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      The first steps to enter the Forex market is to read some books that talk about the market and fundamentals of trading and how to use the platform and indicators and how to put orders pending in the right ways and open and close transactions and then begin to learn technical analysis and find the appropriate trading method for you

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      For my personal trading experience the main thing we can need for starting forex business is skills and knowledge and if trader will do practice then it will take profit from forex daily Knowledge is the first step that all traders need forex market is an easy thing that requires no form of effort just work and do practice will makes a trader perfect in forex trading.

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      Quote Originally Posted by noman95 View Post
      first step to enter in forex market should be acquiring knowledge,practicing demo trading account,finding strategies,researching the market,analyzing the Fibonacci chat,drawing the trend line,gaining practical experience and many more.if you gain above mention this perfectly you well become successful in this platform.
      The knowledge is the first thing that each beginner need in their start of the forex trading because the forex is very tough business and you should have the skills and knowledge to succeed in the forex and to get to these skills you need to invest your time in demo account to identify more about the secrets of this market

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