Top seven tips for Forex Trading

[Priya]

Any trading method, the trader must have a very good money management in place.

 

[dvid]

You must have a trading plan. Without one you are just simply gambling the markets.
You need to have money management. Otherwise you won't know how much to risk properly.
Minimum of 3 months of demo trading. Practise your trading strategy until you master it. After that try it out in real conditions.

 

[xan911]

Thanx tips

 

[Martynas]

Very good tips,the main thing is to backtest the strategy,then use demo and at last real,regards

 

[leehm]

To start trading is easy. To win is challenging, and to stay in profit in long run is even more challenging.

 

[Anony]

some great tips there, was a good read cheers

 

[Ahmadov]

Thanks
money management comes on top of all

 

[danielkaito]

Money management always be the top. an then the analyze

 

[Elieel1998]

agreed dont risk to much of your account and always stick to your proven trading plan through wins and losses

 

[FrederickBester]

You must have a trading plan. Without one you are just simply gambling the markets.
You need to have money management. Otherwise you won't know how much to risk properly.
Minimum of 3 months of demo trading. Practise your trading strategy until you master it. After that try it out in real conditions.

Great advice

 

[webmastery]

Learn:

1) Fundamental Analysis: Understand news and economic events to determine the future direction of a pair.

2) Technical analysis: Use indicators to predict the future direction of a pair.

 

[forexfull]

What are the most important skills to have as a trader, in your opinion? I want to make sure I'm developing the right traits to be successful.

 

[monarch]

Investing in the stock market can be a great way to make money, but it is important to understand how the stock market works before you jump right in. Knowing some basic tips and tricks can help ensure that your investments are successful.