Sugestion For NEWBIE

Talk forex are endless, no basinya. I'm happy to talk among your forex because nobody wants it ... Many beginner forex traders candidates who still do not get it after learning forex. Never mind the candidates, those who have plunged even sometimes still do not really understand how the forex. I am often asked to explain again and again. I am asked to advise them in matters of trade. Woke, rather than many times I explain it better I just postingkan again and again hihihihi ... Anyway, I consider this as a suggestion (hopefully good advice) to beginner traders, woke?

Bro ..!
To master a foreign exchange trading, like other subjects, you must find the best forex training courses to master the basics. Sure, can learn self-taught, but it certainly takes a relatively long time. If not, you start your trading with full risk, because you deem sufficient master of science, it is actually very minimal (science) to get profits. Funds should be able to invest the time to learn eventually ran out in the fresh vegetable Mr. MC. Once the deposit back, because they still apply otodidaknya result, he will get the same result, again met Mr. MC. Such events can be used many times. Say you've spent 5 million or 10 million, and some even spend 50 million with your trading.

I think, if, before it's too late, for example leaving a 2 or 5 million to study seriously with a forex mentor, it did not happen like that, though not a guarantee. But no harm if we understand a simple theory: "If we do A the result is the MC, while we still always do A then the result does not change, ie MC." You want different results, eg, G (good), but you still doing the same, ie do A, would still result MC. If the results of its own self-taught learning outcome Margin Call, but you are still trying to learn on their own of course the result (more close to) a margin call. Well, you need to do C. What I mean to do C is the "change" look for forex mentor. You will try to do not with a learning stage, but with C, hopefully you'll get a G (good) or J (Joss), or else it's not MC. Since MC is a Margin Call. Wkwkwkwkw ...

So, if you want to host trade, you should learn from the master or the person who experienced trading. Identify and keep in touch with experienced traders in the field. They have been there and done many things for profit. Learn from them as much as possible.


Continue Bro ..!
Basic things you need to understand is how the exchange rate is influenced by global developments. When you focus on the two currencies, which in exchange, you must monitor trends (eg) export-import between the two countries and liquidity in the market. You also need to monitor the global effects of the two currencies. You have the opportunity to open your trading account through a broker. If you are a beginner in this field, you need to focus on several things:

Beware Of Forex Broker
Be careful of the forex brokerage firms that promise huge profits with zero risk. Also be wary of brokers who promise to invest your money in the interbank market are not very transparent in the transaction.

Know How Markets Work
Stay in touch with the latest happenings in the forex market. Analyze and understand cause and effect cycle in forex markets. Get in-depth knowledge of how currency markets are organized and what are the factors that affect price movement. Understanding what causes fluctuations in exchange rates. If you've got the basics of this theory is worthy of your forex trading.

Know Both Sides
When you are in the trade between the two currencies, learn them well. That is, following the developments on both sides and not just one side of the currency.

Never Too Many Cook.
If you give your trading account to a broker (other parties) and he will run to you, then it should give freedom to him! Let the man do his job. You may ask, but do not meddle too much. If you are unsure then tradinglah own, then make your own decision. Better is not it?

Relating to Time
Remember that all of the time, when entered into the trade. New developments in the market always starts after the morning news came out, such as changes in credit policy by central banks and world news, business this affects the choice of investors around the world. Or if you want to enter the trade, you can start the moment in the forex market open it. It is advisable that you avoid trading full 24 hours (until no sleep). You do not need that kind of trade. You need the energy fit for tomorrow, live management it needs to, even as a forex trader. Amend the number of hours you work and this can be useful to keep stress.

Traders Be Tough
You can not control all the variables in the trade. So things previously unthinkable could happen that day. Despite all the preparations you are steady, but remember the market is very fickle and driven by speculation. So be ready to brave the bad weather the storm even. Forex trading is not for someone who is faint of heart!

I've talked too much, enough Bro ...! Hopefully these suggestions helpful and keep the spirit! Good Luck!