How to Start Profitable Forex Trading
This is a discussion on How to Start Profitable Forex Trading within the Forex Beginners forums, part of the Forex University category; In order to be successfull in forex trading, you have to plan. Fail to Plan is Plan to Fail. The ...
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#11
03-23-10, 04:56 PM
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Plan for success
In order to be successfull in forex trading, you have to plan. Fail to Plan is Plan to Fail. The plan must consist of trading system, money management system and emotional management system. The best formula is to stick to your plan and be discipline.
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#12
03-25-10, 07:56 PM
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trader545 Thanks for your useful tips.Keep it up!
__________________
100% Free Forex Trading Robot - Download and Use. Free!
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#13
03-30-10, 06:33 PM
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Quote:
   
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#14
03-31-10, 05:48 AM
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Hi fdfx,
Fail to Plan is plan to fail and that's the truth in forex trading. I am using the PDCA method for my trading plan. If you r intereted to know more please visit forexdiscussion.net where I postted how I am plan my trade using PDCA method ( Plan, Do, Check and Analyse ). Let me be in the 5% who in successfull in forex trading!!!
__________________
www.forexdiscussion.net
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#15
05-31-10, 06:14 PM
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The key of success is to avoid too big leverage, to avoid margin calls
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#16
06-22-10, 07:04 AM
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Profitability in forex trading is all depend in your trading plan and the most important element in the plan is manage your risk first and foremost.
__________________
www.forexdiscussion.net
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#18
09-11-10, 10:32 AM
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Yes, thanks for all the tips. As a beginner, I'll have to try to put them into practice. No use learning bad techniques
__________________
Find the Best Forex Trading Platform for Beginners | Compare Cheap Online Spread Betting Firms
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#19
10-05-10, 01:53 PM
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Forex trading is not a game of child.... before starting forex trading one must have sufficient knowledge about forex trading market like how market works, how price of currencies changes and which factors affect the price of currencies....etc... Only on the basis of knowledge and experience you can avoid losses in forex trading...
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#20
11-16-10, 03:03 AM
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I'm into forex trading using robots, and I have found out that the most crucial step is the choosing of the forex robot. Nevertheless, there's almost no way to take an informed desicion, all the robots sites look and say the same, "buy me and be a millionaire".
So, I've been trying to find independent third party sites where the robots are being tested on Real Money Accounts, so far I have only found one: Forex Robots - The Best Forex Robots in Live Trading Competition, which I really like. Do you happen to know another? Rgds
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