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Economic Calendar 01 june 2015

 FOREX ONLINE COURSES OMALUR, FOREX PRICE ACTION OMALUR, FOREX TRADING STRATEGIES OMALUR, FOREX TRAINING COURSE OMALUR, FOREX TRAINING COURSES OMALUR

Economic Calendar 01 june 2015 

 FOREX ONLINE COURSES OMALUR, FOREX PRICE ACTION OMALUR, FOREX TRADING STRATEGIES OMALUR, FOREX TRAINING COURSE OMALUR, FOREX TRAINING COURSES OMALUR

5 First Steps in Forex Trading

 

  1. Attitude:You have many option to enter in to trading world like stocks, forex, futures, options etc. Forex trading course in Chennai is devoted forex broker in Chennai because it offers the best, safest avenue for new traders as long as they find a good mentor to guide them along trading journey.

 

  1. Set Realistic expectations : It’s a good idea to write down what your goals are and where you plan to be in your trading at the end of those periods. Don’t expect to do a course in forex trading and then go out and trade for a living! It won’t work, at least not for you although your broker will be happy with all the commissions on your losing trades. Don’t expect to start trading and be able to pay the bills and raise your family after six months. It doesn’t work that way, just ask any trader who actually made it to the consistent level. It takes longer than that, usually much longer. Expect to spend money at some time on education (not straight up, see above), and to lose money when you actually begin live trading. Even if you start out winning there will be the inevitable string of losses that will puncture your ego and shake your resolve.

 

  1. Be prepared to fight hard : Youwill lose, get used to it. At some point in your trading, even if you start out on a winning streak, the forex market is going to give you an awful belting. And it won’t stop there. Trading forex will test your resolve like nothing else can. It’s not for dilettantes, so conduct an honest appraisal of yourself now. You will need stamina and courage in abundance. Don’t have them? Save yourself pain and money: exit now!

 

  1. Start on Demo : Having done your home work in the preceding steps it’s time to start trading, but only using a demo account.Never risk real money until you are consistently profitable over a meaningful period of time, e.g. at least 3 to 6 months. Opening a demo account with the Metatrader platform can be done with most forex brokers these days, at no cost to you.

 

  1. Go Live : Start small: open a real account with the minimum amount in ttsmarkets.com (this can be anywhere from $100 to $1000) and trade according to the knowledge of risk procedures and parameters you will have now acquired by following the steps above.Evaluate your performance according to the principles of system verification and backtesting which you should also have now acquired in study as outlined above.Fine tune your system and increase your risk exposure as your performance and confidence increase.

 

 

FOREX TRADING / FOREX TRAINING / FOREX ACCOUNT OPENING

CONTACT US

Mail : [email protected] Skype : qmanager.live

Phone : 0091 9003344190 and 0091 9600329983

Whatsup: +91-9487929983 and viber: +91-9600329983

Instagram: https://www.instagram.com/forextamil/

Facebook : www.facebook.com/forextamil4u

Youtube : www.youtube.com/user/senthamizharasuvta

website: www.tradingwithtamil.com and www.forextamil.com

Broker : https://www.ttsmarkets.com/

 

TAGS: FOREX ONLINE COURSES OMALUR, FOREX PRICE ACTION OMALUR, FOREX TRADING STRATEGIES OMALUR, FOREX TRAINING COURSE OMALUR, FOREX TRAINING COURSES OMALUR
01 Jun 2015 2:17 am Posted by tamilforex

 
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