Forex trading, for a beginner trader

**nikotien** · 04-30-2012, 02:01 PM

it is true forex trading is high risk. and many traders are destroyed in this trade. for new arrivals in forex trading it might be better if he learned to trade and the rules first. trying to open a demo account to learn skills and ability to trade before deciding to trade in real trading.

**sindarin** · 05-04-2012, 09:28 AM

there are so many materials for newbie outside, and one of the most important thing is learn not only by reading, because if like that you only become wannabe trader, if you cannot open real account because lack of fund you can try demo account which you can use to sharpened your skill and learn more directly about forex.

**Cutiekc** · 05-04-2012, 09:54 AM

The topic sounds so friendly and so easy perhaps forex trading isn't that easy because forex trading isn't that easy the market is unpredictable and thats what made it more hard to cope with perhaps with the analysis we are able to guess how the market will work.

**budado** · 05-05-2012, 01:22 AM

High risk. Forex is high risk if you don't know how to trade. Its like being a pilot of an airplane. if the engine of the plane dead all those on board has little chance of survival. But it does not mean flying an airplane is not safe. Theirs a great risk involve but as long its been monitored and regulated the risk can be lessen.
In forex is the same. the more you know how to trade the more you will survive.

**valexer** · 05-05-2012, 07:36 AM

Originally Posted by budado

High risk. Forex is high risk if you don't know how to trade. Its like being a pilot of an airplane. if the engine of the plane dead all those on board has little chance of survival. But it does not mean flying an airplane is not safe. Theirs a great risk involve but as long its been monitored and regulated the risk can be lessen.
In forex is the same. the more you know how to trade the more you will survive.

Of coarse you have to know how to trade if you want to be successful in forex. There is so much to learn for a newbie but the most important thing he should know first is the basic concept of forex trading. Risk will always be there in forex and as beginners, we have to anticipate it. We do this by knowing what should be done and what should we know. You have to know the battlefield first for you to survive the battle.

**Cutiekc** · 05-10-2012, 04:37 PM

Knowing how to trade got levels,like for instance when one knows how to trade by the help of indicator and it got interpreted by another trader and when one knows how to trade and he gets forcast and indicator and its being interpreted by him or her.so forex isn't easy at all.

**budado** · 05-17-2012, 10:34 PM

Its really moral boosting that I earn 28 dollars this month in forex trading. I'm hoping that I can earn more next month. 28 dollars is much higher compare to 2.75 dollars I earn last month but that's because of Eur/usd bearish trend. If its going to reverse and become bullish I'm sure I'm going to make lots of profit in here again. As I do hedging. lols

**riddick09** · 05-19-2012, 02:25 PM

Yes, when we got profits its not only the money or profit we gain but also our confidence, motivation and optimism towards forex trading. Its really enjoyable if we know we can win also and which we don't expect that it will be big or will really happen. Well, its just a great when we are in loss then we do hedging lol.

**budado** · 05-27-2012, 02:57 AM

That's why I'm really excited to open an account in gftbrokers. I'm hoping that this is a best broker site for paypal as I want to earn in paypal so that I can withdraw funds right away straight to my bank account. lols.
But right now I have some second thought about using gftbrokers as they are not open as I'm anticipating. So guys always check the broker sites you want to join before you even bother to join.

**brokenblade** · 05-30-2012, 07:53 PM

Yeah, it is unfortunate that many people who first hear about Forex trading often get an over-simplified definition about what it is about. This leads many to jump in head first into an empty pool (ouch!!!). Some people are fortunate enough to try to get more information. When you hear about new opportunities, you should always have a skeptical mind. Try to understand the different aspects about how it all works before jumping in.