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    Thread: Thread for Newbies "How to Start Trading?"

    1. #21
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      Default Re: How to Start Trading ?

      @myrefback
      i suggest you to open demo account. so you can learn from babypips and try it in reality on your demo account. you will get better understand if you learn together with practice. try to use eur-usd pairs to implement the knowledge you get from babypips.

    2. Forex Game
    3. The Following User Says Thank You to cnbc88 For This Useful Post:

      peroac (12-22-2010)

    4. #22
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      Default Re: Tips for New Forex Traders

      hi sir..i think i have question...especialy about news change...actually im a beginer...maybe you could help me...
      the change in data, the growing and the declining..always happen...i wan to ask about how many changing in data it said good, bad or normal...thx...it is in my thread
      http://forum.mt5.com/showthread.php?p=7022#post7022
      Thanks Would Be Enough

    5. #23
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      Default Re: How to Start Trading ?

      Quote Originally Posted by myrefback View Post
      I'm a newbie for trading.
      I want to know where and how to start trading?
      what are the things I need to concentrate to succeede in trading
      I came across a lot of books which tell that they will teach how to trade
      Do i need to buy them to learn ?
      there are tons and tons of information about forex available in internet for free.so there is no need to buy any ebooks.use google to find best sites for learning(sites like babypips etc) and then open a demo account and start trading for some time,if you can make good profits you can start real trading.

      please note that to become a profitable trader one has to learn lot of things like technical and fundamental causes for a particular trend and etc......

    6. The Following User Says Thank You to pedrosa For This Useful Post:

      peroac (12-22-2010)

    7. #24
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      Default Re: How to Start Trading ?

      you want trading so you need : strategy + manage money + free time + training + money + hard work = profit + success

    8. The Following User Says Thank You to sherifmao For This Useful Post:

      peroac (12-22-2010)

    9. #25
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      Default Re: How to Start Trading ?

      Quote Originally Posted by pedrosa View Post
      there are tons and tons of information about forex available in internet for free.so there is no need to buy any ebooks.use google to find best sites for learning(sites like babypips etc) and then open a demo account and start trading for some time,if you can make good profits you can start real trading.

      please note that to become a profitable trader one has to learn lot of things like technical and fundamental causes for a particular trend and etc......

      i started of trading in a demo account as well, but from what i have experienced trading live is a lot different from the demo accounts.
      i guess it is the physiological difference, between fake and real money
      but is there any difference in the demo account from the live account ?

    10. The Following User Says Thank You to djai For This Useful Post:

      peroac (12-22-2010)

    11. #26
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      Default Re: Tips for New Forex Traders

      Quote Originally Posted by hercuok View Post
      well i am surprised to see such tips yes in theory that would be good info yet in cruel hard reality that differ. Note that despite demo accounts offer you life price feed it is still not the same as working on real account. The difference is that demo account server is not connected to liquidity providers as to relsot you will not experience requots, slipage luck of price spread widen issues etc. So yes as practice it is good and helpfull but it is by far not same with real account conditions. In which case some traders say... hmm I cannot understand on demo I am doing greate but on real account I loose... Well that is because you need to adjast and realize that demo and real account behavior is not the same
      i understand, why i was feeling a difference in the trading styles of demo and real accounts. in the demo account i hardly lost a trade and i was converting the money into huge profits, but when i came to the real account everything changed.

    12. #27
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      Default Re: How to Start Trading ?

      Friction neighborhood market of the most important things that accelerate learning and make you understand and convinced about what is happening around you, then you have to take the first main factors and causes that lead to the existence of this market and you'll also knowing the terminology used in trading, identify, and you studied candles and know the kinds of Mont then you open a Demo Account in order to apply what you have learned for the first candle, and from there try to conclude your own way to start the right to learn, to identify the types of indicators then

    13. #28
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      Default Re: How to Start Trading ?

      Welcome to the trading world Myrefback. As a forex beginner it is quite difficult to make money currency trading. Finding which forex strategies work can be hard. It is not advisable to spend money on expensive forex courses as it is possible to get all the info you need to be a successful forex trader online for free. Forex trading forums like this one are usually good resources. I would also advise getting a company that does free forex seminars / webinars. As a beginner to currency trading I would advise company like makemoneycurrencytrading dot co dot uk as they teach you their strategies for free.

    14. #29
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      Default Re: How to Start Trading ?

      to be aforexist:
      learn the basic
      open demo account
      trade at only one pair
      open a real account
      make money

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    16. #30
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      Default Re: How to Start Trading ?

      for sorry ppl think its so easy to rade
      they think that will make lots of money in easy way
      but if u really want to make money u should learn
      so if u want to trade u must know the basic of this market
      trend, resistance, support and how to mange ur account

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