Who are new in forex market they should know many things. Without knowing this or following this if any trader join in forex loss is must for them. So I suggest new trader some tips they should follow it to get the best result in forex.
- Before join in forex all newcomer should provide their time on demo account. at least 3 month practice need to gather good trading knowledge then they should join live account.
- A new comer should follow proper money management and risk management otherwise he can not survive in forex market.
- Proper planning and good trading strategy is needed to get success in forex. a new comer should make his own trading system.
- A new comer should strictly avoid greed, emotion, over trading.