What Do You Need in Trade Market?

[grass 10]

Go to the forum. I'd like to share with people what I have

so, let me know the problems that you encounter is what?

Ex:

1 / ebook

2 / courses

3 / tools

We will together discuss it.

i'm waiting your feedbacks.

Thanks.

[fxlaurent 10]

Hi, I'm Mark Laurent, a Professional Forex Fund Manager. I'm really happy because finally I can join this forum, so I would like to be friends with all of you. Thank you.

[Dahan 10]

Knowledge, experience, trading mind, trading strategy, reliable broker and confidence are needed if you really want to make money from here.

[fxeconomist 11]

Go to the forum. I'd like to share with people what I have

so, let me know the problems that you encounter is what?

Ex:

1 / ebook

2 / courses

3 / tools

We will together discuss it.

i'm waiting your feedbacks.

Thanks.

 

 

Do you have experience in trading? Futures or CFD's? Can you tell me is Hotforex is good broker or not? I'm just in search for reliable STP broker without market making features...

[Dahan 10]

Forex trading experience, trading mind, trading strategy and risk control plan, if you do that all well, success should not be far.

[fxeconomist 11]

Go to the forum. I'd like to share with people what I have

so, let me know the problems that you encounter is what?

Ex:

1 / ebook

2 / courses

3 / tools

We will together discuss it.

i'm waiting your feedbacks.

Thanks.

 

I think the core problem is to find reliable trading platform that won't cheat you, show fake charts, give fake spreads and in other mean ways make earnings there impossible. After thorough testing and learning by my own painful mistakes I found Hotforex platform this month it's been 3 years I'm with them, that's really wonderful place to give development to your talents and aspirations. Trading is most challenging and engaging hobby and work I could wish to have in my life.

[CrazyCzarina 17]

Beginners should prefer to make a small start and a great learning. it depends on your mind and financial position.

[zuinjimi 0]

Day trading isn't something to do on a whim. It requires a sound and rehearsed method that gives you a statistical edge on each trade you make. 
Start by watching live charts (available for free) of an asset move. As you watch, ask yourself:
How would you get into a trade?
How would you get out (for both winning and losing trades)?
How much would you risk on the trade and what position size would you take (how many shares, lots or contracts)?
After deciding all this, what are the odds that trade will be profitable, and if taking the trade 100 times what tendencies do the strategy show?
The only way to answer all these questions is by implementing the same method over and over again and monitoring the results.
A strategy can be created simply by finding tendencies in the daily price action of an asset, or a strategy can be learned from someone else. 

[mukti 0]

The forex market is the largest market in the world and also the most accessible, with trading 24 hours a day. Traders in the forex market can get started with as little as $100 with some brokers, although starting with at least $500 or $1000 is recommended.
Once you get your head on straight, you can embark on learning trading, starting with these five basic steps.

1. Open a Trading Account.

2. Learn to Read: A Market Crash Course.

3. Learn to Analyze.

4. Practice Trading.

5. Other Ways to Learn and Practice Trading.

[maryolsen 0]

The problem is that we usually start trading forex with real money, thinking that it is like a betting game and that with luck we can earn extra money ... But it is not like that, as you have indicated in several comments you will need a good training , but not only in the technical part, also in the psychological aspect so as not to lose control when you have lost.

[CrazyCzarina 17]

We all want money or profit every time but it is not easy to make here. We have to struggle a lot to save our capital which we have invested with the market. Be in real world that will help us.

[Pro_Traders 0]

Understanding The Most Important Investment Concepts
It's always good to have at least a basic foundation of fundamental investment knowledge whether you're a beginner to investing or working with a professional financial advisor. Below basic principles that you should be able to understand and apply when you are looking to potentially invest your money or evaluate an investment opportunity. You'll find that the most important points pertaining to investing are quite logical and require just good common sense. The first step is to make the decision to start investing. If you've never invested your money, you're probably not comfortable with making any investment decisions or moves in the market because you have little or no experience. It's always difficult to find somewhere to begin. Even if you find a trusted financial advisor, it is still worth your time to educate yourself, so you can participate in the process of investing your money and so that you may be able to ask good questions. The more you understand the reasons behind the advice you're getting, the more comfortable you will be with the direction you've chosen.
 

[CrazyCzarina 17]

All you need is a computer with a high-speed internet connection and a good understanding of the information provided in this guide to start trading currencies. An online currency trading account is required. There are two types of accounts: Micro accounts, where an initial deposit of $1,000 is recommended.

[fxeconomist 11]

I used micro account of Hotforex with starting equity of 5K and leverage 1:50 to make conditions close to my future live account and looking back I see that I managed to avoid major psychological pitfall

[CrazyCzarina 17]

Forex margin is a bona fide deposit provided by a trader as collateral to initiate a trade. Essentially, it is the minimum amount a trader needs to open a new position in a trading account.

[aimhi 10]

On 2/10/2022 at 12:47 AM, fxeconomist said:

I used micro account of Hotforex with starting equity of 5K and leverage 1:50 to make conditions close to my future live account and looking back I see that I managed to avoid major psychological pitfall

I guess the leverage should be kept low in start because high leverage means higher damages.

[CrazyCzarina 17]

To access the stock market as a trader or investor, you must open a demat account or brokerage account. Without a demat account, you will not be able to trade on the stock market. A demat account works like a bank account where you hold funds for trading.

[fxeconomist 11]

On 2/23/2022 at 11:43 PM, CrazyCzarina said:

To access the stock market as a trader or investor, you must open a demat account or brokerage account. Without a demat account, you will not be able to trade on the stock market. A demat account works like a bank account where you hold funds for trading.

 

Agree I also started from Hotforex demo and after some practice move on their live account with small deposit. I think it is essential to keep your demo trading time short so you don't get used to "easy" trading conditions. 

[CrazyCzarina 17]

All you need is a computer with a high-speed internet connection and a good understanding of the information provided in this guide to start trading currencies. An online currency trading account is required. There are two types of accounts: Micro accounts, where an initial deposit of $1,000 is recommended.

[aimhi 10]

Yet we should avoid trading with live funds if we are new traders, we should only go with the demo account in start.

[CrazyCzarina 17]

Forex demo accounts can also help traders see how the platform is doing in recording tax transactions. Demo trading is not real, but it can help traders prepare for using a live account.

[barako 10]

u need lots ot TA (technical analysis) knowledge, the more the merrier, and lots of time to study any certain pair u wanna trade, and a good broker, not so sure about course though, most of what u need u can find online for free

[fxeconomist 11]

On 3/25/2022 at 4:04 PM, barako said:

u need lots ot TA (technical analysis) knowledge, the more the merrier, and lots of time to study any certain pair u wanna trade, and a good broker, not so sure about course though, most of what u need u can find online for free

Not sure you can find worthwhile trading course online, most of the teach basics... you can get the same on Hotforex webinars for free, something more advanced need self-study and research.

[aimhi 10]

On 4/19/2016 at 4:49 PM, CrazyCzarina said:

Beginners should prefer to make a small start and a great learning. it depends on your mind and financial position.

Small amounts can be helpful in testing brokers other processes like withdrawal etc which we can't usually test through their demo account so i think small account start ups can be good enough for a new trader going live with a new broker.

[CrazyCzarina 17]

Day traders rarely hold positions overnight and try to profit from intraday price movements and trends. Day trading is a high-risk activity, and the vast majority of day traders lose money -- but for those who are successful, it can be lucrative.