tprhzm2009 Posted October 18, 2010 Share Posted October 18, 2010 I am just a new forex trader, I have know little about forex. As far as I know, if you want to be a good trader , you have to learn the basic knowledge about forex, it is also very important that you have to get guide from others who are professional traders. I think we can also learn something from other people, so your experience is very important for us to improve ourself. Thanks in advance. Quote Link to comment Share on other sites More sharing options...
hexeduser Posted October 18, 2010 Share Posted October 18, 2010 I am just a new forex trader, I have know little about forex. As far as I know, if you want to be a good trader , you have to learn the basic knowledge about forex, it is also very important that you have to get guide from others who are professional traders. I think we can also learn something from other people, so your experience is very important for us to improve ourself. Thanks in advance. I have zero experience as of yet. Never tried a demo account too so it's really zero. I'm still reading some stuffs now because as you said "in order to be a good trader, you have to learn the basic knowledge about forex". I hope someone would guide me through the whole process in the beginning because I also read it would be very helpful for us new comers Quote Link to comment Share on other sites More sharing options...
standart Posted October 21, 2010 Share Posted October 21, 2010 I got experience by trading in demo account previously and join many forex forum to discuss and sometimes I got good tips from expert trader. now I am trading with live account. Quote Link to comment Share on other sites More sharing options...
hyippro Posted October 22, 2010 Share Posted October 22, 2010 Yup, thats why i'm search for more basic information on the forum. Quote Link to comment Share on other sites More sharing options...
Mangoes Posted October 23, 2010 Share Posted October 23, 2010 I have zero experience as of yet. Never tried a demo account too so it's really zero. I'm still reading some stuffs now because as you said "in order to be a good trader, you have to learn the basic knowledge about forex". I hope someone would guide me through the whole process in the beginning because I also read it would be very helpful for us new comers  To be honest, I never really studied or read up on Forex. Just started a demo account and played around with everything. Now I'm really trading and I'm making decent profit everyday (±3%) Quote Link to comment Share on other sites More sharing options...
dennypiyu Posted October 26, 2010 Share Posted October 26, 2010 forex is too risky..you must have a lot knowledge before to start trading in real trading. see the world market news update to know the movement of currency and if you are newbie in forex you can chat with expert traders there before make a trade you can ask to them about their analysis if it is good you can put bet there Quote Link to comment Share on other sites More sharing options...
sirwilly Posted October 26, 2010 Share Posted October 26, 2010 Forex is for those willing to take risks. Then once one begins actual trading, one discovers that much of the risks are actually avoidable given the right methods. Quote Link to comment Share on other sites More sharing options...
omarelalfy Posted October 26, 2010 Share Posted October 26, 2010 forex is too risky..you must have a lot knowledge before to start trading in real trading. see the world market news update to know the movement of currency and if you are newbie in forex you can chat with expert traders there before make a trade you can ask to them about their analysis if it is good you can put bet there Quote Link to comment Share on other sites More sharing options...
SolidSnake21 Posted November 1, 2010 Share Posted November 1, 2010 I am also new in forex and i found much good informations in this forum. I think trading with demo account is good. I want to ask In forex trading is it important to trade daily or not? Quote Link to comment Share on other sites More sharing options...
chuna1985 Posted November 8, 2010 Share Posted November 8, 2010 I've traded for some months now and i don't have a very lenghty story but i must say that trading forex is a good venture for anyone who has the heart and might to take risk. Quote Link to comment Share on other sites More sharing options...
chuna1985 Posted November 8, 2010 Share Posted November 8, 2010 I am also new in forex and i found much good informations in this forum. I think trading with demo account is good. I want to ask In forex trading is it important to trade daily or not? Â How many times a day one trades on forex is not important. The most important thing is knowing the trade itself. You can trade as many times as possible in a day, but always trade when the prices are right. Quote Link to comment Share on other sites More sharing options...
boniez Posted November 9, 2010 Share Posted November 9, 2010 My experience so far is just loss and profit always that which i get from Forex market. Even i never withdraw anything because if my balance is getting higher then i used the higher lots as well until i loss balance again, and soon, but That's good, because now i understand many indicator Quote Link to comment Share on other sites More sharing options...
luci1209 Posted November 11, 2010 Share Posted November 11, 2010 iam still in the first step of forex trading reading the basics of forex trading and studying how to analyse various charts. I have tried a bit of demo accounts but still find it difficult to trade. But hope continuous practice will help me to develop my knowledge and skills about forex trading Quote Link to comment Share on other sites More sharing options...
tprhzm2009 Posted November 11, 2010 Author Share Posted November 11, 2010 Most traders want to learn forex knowledge because they can get more experience from others who already trade in forex, if we can get guide from them, we can quickly get improved. It will help earn money from forex as soon as possible. Quote Link to comment Share on other sites More sharing options...
boniez Posted November 12, 2010 Share Posted November 12, 2010 Most traders want to learn forex knowledge because they can get more experience from others who already trade in forex, if we can get guide from them, we can quickly get improved. It will help earn money from forex as soon as possible. yup, the experience is the best teacher, and certainly we can take something from that experience not to repeat it, and of course the longer he underwent forex business then surely the more the experience gained Quote Link to comment Share on other sites More sharing options...
sirwilly Posted November 22, 2010 Share Posted November 22, 2010 Yea, no knowledge is a waste. Whatever we learn in the course of our trading will always prove useful sometime. Often, we won't even notice it and we will merely think it's common sense. However, it's the little lessons that we learn everyday that makes Forex second-nature and common sense to us. Quote Link to comment Share on other sites More sharing options...
Nikhil Posted December 7, 2010 Share Posted December 7, 2010 I also think experience is must for successful trading and without it there is big chance to lost all and to get this we need to trade in forex and i think after getting some experience its good to trade with small amount of own money because from my experience i seen then there is more attension . Quote Link to comment Share on other sites More sharing options...
boniez Posted December 16, 2010 Share Posted December 16, 2010 i do not know why seems so far my experince in forex just margin call, im too greed when i always get profit, so when my forecast is wrong, they consume all of my investment funds. but i m proud , i can find a good strategy Quote Link to comment Share on other sites More sharing options...
ellliottt Posted December 23, 2010 Share Posted December 23, 2010 My experience in the Forex is for one year ... when I started reading and learning from various books and websites as well as some friends who work in banks ... Has advised me to learn, read and focus on only one pair like the euro dollar ..... and I think I need some time to acquire various skills as well as administration, capital and risk allocation Quote Link to comment Share on other sites More sharing options...
mownabratadey Posted January 1, 2011 Share Posted January 1, 2011 elloott : you are correct, I absolutely agree with you, Trading is not for just playing with our investment, It's about serious earning with great opportunities. Thus We have to learn & get knowledge to try with demo accounts for some months. I have just started from 7 days & already lost 10% of virtually. So I need to know much from mentors & try it virtually with seriously.. Hope I will win this platform. Quote Link to comment Share on other sites More sharing options...
boniez Posted January 4, 2011 Share Posted January 4, 2011 yup I had a worse experience when i first for being too disparaging demo trading account, so it only took me into failure, so the experience is used as a lesson is do not be too selfish Quote Link to comment Share on other sites More sharing options...
Witmahart Posted January 4, 2011 Share Posted January 4, 2011 I discover that even after the training from my mentor and advice from friends and forum members. I still need to learn everyday, forex is trendy in nature and only skill and smart trader can earn from it. Quote Link to comment Share on other sites More sharing options...
yogeshwartyagi Posted January 7, 2011 Share Posted January 7, 2011 when we are getting loss more than what we expected i.e. trade is going against what we thought of Better close the trade earliest - whenever i try to keep trade and hope it will reverse in positive direction my loss increases. Quote Link to comment Share on other sites More sharing options...
hyipreviewblog Posted January 8, 2011 Share Posted January 8, 2011 every trader should learn the basic rule on forex and after that every trader should find his/her own strategy on trading...don't depend on other people strategy cause maybe you would not fit with it...so keep trading and find how your own best way on trading forex... Quote Link to comment Share on other sites More sharing options...
mundi Posted January 11, 2011 Share Posted January 11, 2011 in this thread is specifically for the newbie, so if you ask about experience, of course I do not have experience in forex ... Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.