Pursue trend.

[LorrainMor]

One especially significant Forex market tip to pursue is to find out about trends. The capacity to spot trends is a significant one. While we don't recommend getting on board with the trend temporary fad without fail, yet by and large ignoring the trend is a recipe for catastrophe. Trends can demonstrate to you what is coming, so you can ace effectively change your trading, as opposed to reacting when it's past the point of no return. It's imperative to pick first class administration conditions and get ideal spreads.

 

[Tom Latham]

One especially significant Forex market tip to pursue is to find out about trends. The capacity to spot trends is a significant one. While we don't recommend getting on board with the trend temporary fad without fail, yet by and large ignoring the trend is a recipe for catastrophe. Trends can demonstrate to you what is coming, so you can ace effectively change your trading, as opposed to reacting when it's past the point of no return. It's imperative to pick first class administration conditions and get ideal spreads.

Well said; but in my trading I don’t open any new trade position when I am not sure on the market trend; since my main strategy is following the market trend!

 

[Lee Mark]

I see; support/resistant is the best tool on counting the market trend; besides moving average helps me to find out the dynamic support resistant levels!

 

[Kazumu Fukunaga]

It has been said that trend is your friend until it bends. A trend of any direction can be delegated either a long term trend, a middle of the road trend or a fleeting trend. For forex trading, a long haul trend is made out of a few middle trends. The fleeting trends are parts of both major and middle of the road trends.

 

[Mark Dahl]

For me, simple candle stick is the best way to find trend. It is best to trade with trend.

 

[Gito Dinev]

I see; support/resistant is the best tool on counting the market trend; besides moving average helps me to find out the dynamic support resistant levels!

I agree. However, you can also use indicator like Bollinger band to find trend.

 

[Eduardo Lucchese]

Learn the basic trading first. Then use demo account for practice. Don’t invest until fully mastering trading.

 

[Alicia Lynch]

The Forex market depends on supply and demand. So trends play a very important role in this.

 

[Darragh Bell]

If you want to trade in the forex market, you need to have proper knowledge and education. Without proper knowledge, you can not survive in this risky market.

 

[Alexander Hudson]

It is normal to have a mistake in trading, but if you are afraid of this mistake, you will never learn anything. Must Learn from Mistake. Many traders lose out on the market after making a loss but they never think positively. So every trader should learn from Mistake. Because it is a part of successful trading.

 

[Kevin Vogt]

Every trader that makes profit work with trend. Most of the indicators on trading platform have the sole purpose of identifying the trends.

It is a very wrong idea to go against the market. It means if the market is in trend, follow the trend. If the market is in consolidation mood, trade according to that. Going against the market will end up you to getting margin call. To know more about market you need to study more.

 

[Faal]

beginners not willing to serious in demo , no emotions and real money in here for that , so they can participate in demo trading contest. its minimum better than as usual trading

 

[Oscar Shumack]

It is possible to gain experience by completing an online trading course. Because without experience it is not possible to become a professional trader. So online courses can help a lot in developing trading skills.

 

[Gito Dinev]

Forex is risky because traders enlarge lot size in order to gain more profit within a short time. This approach entraps them entirely.

 

[LouBega88]

Trend identification is needed for better predicting the flow of the market. No analysis can be done without identifying the right trend.

 

[Bahiya Shinam]

Identify the bullish and bearish trend of the market to take an entry in the market. This identification process falls in the category of market analysis.

 

[Nayek Pichai]

Bear in mind that trend is your friend.Before taking an entry, you have to know whether the market is in uptrend or downtrend.

 

[Bahiya Shinam]

Identification of the right trend before opening a trade is essential for traders because it paves the way for making progress in trading.

 

[Nayek Pichai]

Fundamental analysis covers a wide area to be considered to take a quick view over the market. It gives you a pure idea over the market.

 

[LouBega88]

Many traders skip SL in their trading and it’s their negligence. Not binding a trade with SL means keeping an animal untied or on the loose.