Thread: Forex trading guide

New traders should not invest money without knowing to trade properly. In the forex market, the percentage of failure is higher than success. Many traders even lose their whole savings and quit trading. So, invest caution. Try demo trading first with virtual money. Many brokers like Eurotrader offer it for free. It is the best place to learn to trade.

Many traders now think that Forex trading would be gambling as it is very risky. But due to the increasing issues of the scam brokers people are losing their faith sometimes. As a responsible trader I choose Tpglobalfx advanced trading broker very carefully. Before selecting them, I check their security system, service systems, withdrawing systems and spread with leverage facility and I get them very loyal and friendly with their entire clients.

leverage is one of the most important tools in forex market. It increases the investment ability. Traders generally choose those brokers which give more leverage than others. So it is a very important to choose a broker which has dynamic and high leverage. I choose Forex4you because of their high leverage which is 1:1000. They don't change their ratio. It helps me to make more profit.

The maximum ability we have is sure we are able to get profits easily in trading. So for traders who still don't understand how to trade, it is mandatory to always keep trying to improve the skills and abilities we have, and we can try participating in bonus promos from brokers so that our trading enthusiasm can increase.

making profit in forex is not an easy matter, so it is important for traders to be better and be able to carry out more leverage in trading while on a real Tickmill account.

95% of all traders consistently lose money because they do not follow the basics rules of forex trading. They do not have any rule to follow. It means they are not disciplined. They do not follow any risk management rules properly. They open position by impulse.

Even by using every indicator, being a technical or fundamental analyst, no one get success unless he or she has control over himself. Currently I'm trading with TP Global FX. It is an ECN broker having ultra low spreads starting from 0.0.01 pips. The minimum deposit of the broker is 50$.

Existing funds and risks must be able to be considered properly, this is done so that traders can be maximized in carrying out trading activities in accordance with expectations while on a Tickmill real account.

We need to be very careful with how we approach things and don’t try to start up with these things instantly; as we need to go at it gradually, if we go instant ways then we are just inviting trouble and problems. I never worry too much over these things and with FreshForex broker; I get massive help with their lovely educational setup. I find it so simple yet covers all the points and is serious effective, but even greater part is their demo account.

the selection of an existing broker must be able to be considered well, this is necessary so that traders can become better and can be maximized in carrying out trades while on a real Tickmill account.

In the forex business, this is not an instant thing for us to run, where the forex business plays a large role in the existing risk, so we try to continue to improve the maximum skills so that we can be maximized in carrying out trading on a real account later. And make sure the broker must be truly trusted which we have to choose so that we can trade comfortably and also safely. Currently there are still many brokers who are not as trusted as the FXTM broker