Forex Trading tips:

[Zack28]

Gamblers go to casino. All unproved, spontaneous actions in Forex trading — are a part of pure gambling.
Never invest money into a real Forex account until you practice on a Forex Demo account!
Go with the trend!
Always take a look at the time frame larger than the one you've chosen to trade with.
Never risk more than 2-3% of the total trading account.
Put emotions down. Trade calm.
Choose the time frame that is right for you.

[vmusci87]

Thanks for your sharing.

I suggest all traders should avoid the greed, ít would make you lose all money you earned.

[jefftimothy]

Originally Posted by Zack28

Gamblers go to casino. All unproved, spontaneous actions in Forex trading — are a part of pure gambling.
Never invest money into a real Forex account until you practice on a Forex Demo account!
Go with the trend!
Always take a look at the time frame larger than the one you've chosen to trade with.
Never risk more than 2-3% of the total trading account.
Put emotions down. Trade calm.
Choose the time frame that is right for you.

Very useful advises. Trading without making analysis in forex is gambling, no doubt.Demo trading is a great tool of forex brokers to practice trading without losing money.
Trend is our friend. I am also like trendy market to make order.
The most important thing for forex traders is to control their emotion during trading.Lack of emotion is the major reason of losing money in forex.
Money management and risk management is much important in forex trading to reduce the loss.

[edwarddevis]

To profit in trading, you must make recognize the markets. To recognize the markets, you must first know and recognize yourself. The first step of gaining self-awareness is ensuring that your risk tolerance and capital allocation to forex and trading are not excessive or lacking. This means that you must carefully study and analyze your own financial goals in engaging forex trading. You have added here great useful and informative advice. Thanks for sharing.

how to trade options

[GDMFX]

Originally Posted by vmusci87

Thanks for your sharing.

I suggest all traders should avoid the greed, ít would make you lose all money you earned.

So true, many so called traders these days are just gambling their money away through forex. Only time will tell who are the true traders and who are the gamblers. Cheers:o

[reynuevo]

I just want to share this, I was looking for a good and simple strategy and found one that is also free here: http://forextradingonlineguru.com/sp/65/
you can download it for free..

[wynnasuju]

Thanks for the tips, sir. It's very useful and i will apply it in trading with my fbs account.

[GTOptions]

Forex trading signals are also known as indicators, these signals are very important for taking decision at right time. Robots mainly automatically generate these signals. Since, these signals are generated by automated software programs therefore, sometimes generate wrong signals, so be aware while making any decision.

[Angelnish]

Here are other tips that you should remember in order to earn money in the Forex market and be good in doing so:
• The first and the last ticks are usually the most expensive. So, for most traders, the rule of thumb is getting in late and get out early.
• When you are losing, you want to minimize the risk of losing more money. So, don’t add money when you are losing.
• Select trades that move along with the trend. This can minimize the risk of losing money and maximize your chances of profits.
There are quite a few tools you can use when trading in the Forex market. One is the Forex charts. For the speculator, the chart is the most important tool that you can use to determine market trends and accurately predict the future value of the currency. Although it isn’t actually 100% accurate, you can use the Forex charts as a guide to what’s happening in the market.
You need to know how to read the different charts involved in the Forex market. There are daily charts, hourly charts, 15 minute charts and even 5 minute charts to get you closer to the action. You can compare each of the data in the chart to spot market trends and at the same time, spot potential money making trends.
This can also help you minimize the risk when trading in Forex. Learn how to read charts effectively and you will be well on your way to become successful in the Forex market.

[marketswfx]

1. Do not trade forex if you have to make money.
2. Do not compete with the other traders.
3. Trade the signals not the trades!
4. Break your rules and you get burned.
5. In forex trading, over-confidence is more dangerous than having no confidence.
6. There is nothing more important than experience in forex trading.
7. Do not take any position just because someone else has the same position.
8. Do not try so many systems.
9. Keep it simple.
10. Take a break every now and then.

[unclegober]

Making Consistently Profit in Forex? Try this step :
1) Focus on trading, not just on making money
2) Learn that NOT trading is part of the game (Being out of a trade is a position)
3) Become organized and disciplined
4) Take a longer-term view of what “success” means
5) Develop a strict daily trading routine to develop positive trading habits

[fx4nerds]

My trading tip for everybody is - use zulutrade to follow signals. Do not engage into trading unless you are a professional - forex markets are not to be learned and practiced upon - you simply gonna loose your money!

[unclegober]

Another tips :)
You have to knowing ourselves (psychological), knowing what to do and doing what you know.
Means you should well educated and discipline.

[shere1779]

Everybody discuss with good tips. It is not need more tips about forex than which discuss here. But there is a word "do more you read, do more you learn"
I discuss with some basic tips which help you well which I think.

Foreign exchange Basics:
Currencies usually trade within pairs (the actual U. S. dollar and also the euro, for instance). The price in a single currency to purchase one unit from the other may be the exchange price. If the thing is a quotation of EUR/USD = 1. 3200 what this means is it expenses $1. 3200 to purchase one dinar. The trade rate is actually stated in order to four decimal places since the smallest feasible change (known as a pip) within U. S. dollars is actually 1/100 penny. The pip is essential because it is used since the basis with regard to pricing in Forex currency trading.

Forex purchasers state the bid cost and retailers an selling price. The spread between your two is one or two pips with regard to wholesalers. Retail dealer/brokers enhance the spread in order to 3 in order to 20 pips and keep your difference because their charge. Very reduced margins tend to be normal in Forex currency trading and investors may set up just a few hundred dollars for any $100, 000 large amount of currency. For instance, suppose you purchase lots of euros from $1. 2500 (this could be eighty, 000 pounds). You tend to be charged 10 pips/euro ($80) as well as risk $1000 since the margin. If the actual exchange rate would go to $1. 2600 a person make 1 penny profit for each euro without the fee ($800 without $80) for any profit associated with $720. Keep in your mind that Forex currency trading is dangerous. If the marketplace goes another way you generate losses just because quickly.

Getting Began:
Virtually all Forex currency trading is completed online as well as isn't controlled. The Ough. S. Securities as well as Exchange Fee suggests you select a broker/dealer who's a person in the self-regulating Nationwide Futures Organization. You may open your own account on the internet and down payment or pull away money via PayPal or perhaps a similar support. Good sellers provide buying and selling software as well as real-time estimates. Trading in the foreign exchange market continues night and day every working day, so you might trade at the convenience.

Before a person start buying and selling Forex, self-education is really a must. Take advantage of the numerous informational web sites and books to understand to realize and translate technical graphs, analysis and also the role which factors for example central financial institution policies, interest prices and industry balances perform in identifying exchange prices. You ought to open the demo account to rehearse trading Foreign exchange using real-time data before you decide to risk real cash.

It's also to your benefit to discover techniques investors employ in order to limit the actual risks of Forex currency trading. Some make use of strategies such as grid buying and selling, which is dependant on buying the put and demand the exact same currency concurrently. One transaction needs to make money and may be shut out. The additional is held hoping the marketplace will golf swing back throughout normal marketplace fluctuations. Other traders purchase and sell Forex options in which the risk is restricted to the price of the choice premium.

[fx4nerds]

Originally Posted by unclegober

Another tips :)
You have to knowing ourselves (psychological), knowing what to do and doing what you know.
Means you should well educated and discipline.

or additionally use zulutrade to get the rebates and the trading for you and you enjoy the nice pipping of your account ;)

[sourcecodefx]

Yeah, you are right.
I think we have to learn from mistakes. I creat my own EAs and at the beginning it did not work but after countless demo practices, my systems tend to be more and more stable. Just one thing, don't be afraid of failures because it's the only way to make progress.

[chin100]

The best way to invest on the Forex platform is to establish a detailed strategy and follow it regardless of how the market evolves. When you find an interesting investment, assess your risks, look at reliable predictions from professionals who are usually right and decide how much you can afford to risk.

[adalina]

Hello people, Summer Forex trading tip - check out zulutrade - and you will see high volume easy made returns ;)

[unclegober]

Don't try to revenge after losing a trade. Don't be greedy by adding lots of positions when winning. Overreaction blocks clear thinking and as a result will cost you money. Overtrading can shake your money management and dramatically increase trading risks. To tying managing my greed, Currently I am participating in Armada Markets demo contest and link