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  1. #1
    Senior Trader
    Join Date
    Mar 2015
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    Ways of become professional in Forex.

    According to me this is very common and necessary question for all of us. Beause, we all are here to collect some good amount of money and stay for a long. So we never want to stay at bottom. So, we need to start from zero level and try to protect our trading capital from unexpected downfall of market flow.

    Before enter this Forex world we need to make ready of our own compatible with their form. So, first we need to know about it’s format and procedure. So, we must have some good lesson and we need to join with some professional Forex courses. If it’s not possible then must need to follow some popular trading eBook and articles. In addition, then we need to join with any Forex team or get connect with seniors.

    In addition, if we able to spend enough time with those procedure when we must able to gain best knowledge and become ready to take real time for deal. This is way, we need to enter and later we have to do many live deals with real account. If we feel some uneasy or lack of confidence that we may use demo account for best practice.

  2. #2
    Trader
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    Dec 2015
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    There is no one who can become good trader directly but every Forex trader should train himself to be able create good analysis from doing a lot of practice in Forex market. Practice is the main thing, which can make us become successful in Forex but it’s not only practices to make our trading analysis become better and better. Sometimes, we must take evaluation too so we won’t make similar mistakes in the near future.

    On the other hand, we must create target to reach so we will know our performance in trading too. If there is no target to reach then there is no trading indicator to measure our trading performance from time by time. The target shouldn’t be too high and realistic to reach with current capability. If the target can be reached and the profit is consistent then we must make higher trading target to gain more profits and improved ourselves in trading.

  3. #3
    Senior Trader
    Join Date
    Mar 2015
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    444
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    Forex is not a place from where you can expect huge amount of money in a single day of the first trade. it needs some amount of hard labor and sound knowledge about various types of analysis techniques. If we only trade with small trading capital, you should open an account cents, we can apply a low money managements and use a small lot size, it can create an account we can survive.

    It is very essential that he should be a good learner and well infirmed person about currency market because he has to take a decision after analyzing the developments which are going on in market, which is not possible without a appropriate knowledge. It applies also in the Forex, you have to be very much focused and have to know what you are doing, so that further rectification will be easy and one could trade with more confident and gain more experience.

  4. #4
    Senior Trader
    Join Date
    Dec 2020
    Location
    Asia
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    Quote Originally Posted by Zachary Davis View Post
    Forex is not a place from where you can expect huge amount of money in a single day of the first trade. it needs some amount of hard labor and sound knowledge about various types of analysis techniques. If we only trade with small trading capital, you should open an account cents, we can apply a low money managements and use a small lot size, it can create an account we can survive.

    It is very essential that he should be a good learner and well infirmed person about currency market because he has to take a decision after analyzing the developments which are going on in market, which is not possible without a appropriate knowledge. It applies also in the Forex, you have to be very much focused and have to know what you are doing, so that further rectification will be easy and one could trade with more confident and gain more experience.
    We can become professional traders only after some time.

  5. ARIONFORXtarder
 

 

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