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Thread: How Does One Begin Forex Trading?

  1. #51
    Junior Member castro's Avatar
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    First of all newbie should learn, read books, in other words he should go deep. Then to start testing demo accounts. Quite good course you can get on babypips.com for starting. Choose the right broker with low spreads and with a helpful support team to consult and start good luck!

  2. #52
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    To be able to begin dealing you need to know about the fundamentals. Every Currency investor uses a program that allows him starting a business and a program prevails from signs. There are very useful web page on the Online that will get your information up up to now. A great example is forex-metal.com

  3. #53
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    these types of topics are actually of great value to beginner, I know it helped me..but how does one become a binary options trader , that's a question we need all to ask ourselves )))) I have registered at some of these platforms, was bombed with bonuses, but honestly don't know .. for now I am using demo account at Beaned , but I would like to hear somebody experienced in this field..should I give a go ?

  4. #54
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    The first option every forex investor must make is about the agent. To be able to business in the Foreign exchange industry you need a agent, but not just any agent. You need a efficient, sincere Fx agent. Without that, you are ruined to failing. A bad agent provides you with bad propagates, high income, or just bad assistance. Picking a agent is an essential phase, and should not be taken lightly

  5. #55
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    The FX trading strategies help in providing efficient ways and methods of trading in the foreign exchange market. It is a planned method which gives the traders instructions based on the various analysis methods. The strategies available are based on the transactions in the currencies which take place during 24 hours a day across the world. Hiring professional helps and tools would be effective initially. In fact, tools are truly beneficial in forex trading. Having a binary options signal software is important and necessary for proper forex trading. The software will let know about the market trends and will serve you alerts and different market news. To start with - I think hiring a professional service provider or advisor is important.

  6. #56
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    Most traders want to predict and don't use breakouts but a look at any Forex chart will show you it's the best way to make money.

    You need to pick good breakouts i.e. levels the market feels are important and if you do, trading just once or twice a month, you can make triple digit gains.

  7. #57
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    I am Newbie and i am wondering to trade in the Forex and whether what to say.
    Should i learn or get some instructions from some experts.

  8. #58
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    The first decision every forex investor must make is about the agent. To be able to business in the Foreign exchange industry you need a agent, but not just any agent. You need a efficient, sincere Fx agent. Without that, you are ruined to failing. A bad agent will give you bad propagates, high income, or just bad assistance. Picking a agent is an essential phase, and should not be taken gently.

  9. #59
    Junior Member edlogic's Avatar
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    it takes a good bit of time
    no way around it
    but like someone else stated - finding a good broker is a big deal
    get a demo account and then practice for several months
    you will learn how difficult it is right away
    keep practicing and learning and you will be able to decide if this is good for you
    find a method and set rules for yourself - learn about money management because it is absolutely essential

  10. #60

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    Tutorials for Forex Beginners
    This section aims at providing the basic knowledge for the beginning forex traders. The following topics are covered.

    Basic Concepts
    1.Technical Analysis
    2.Candlesticks Charting
    3.Chart Patterns
    4.Fibonacci Analysis
    5.Technical Indicators

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