Thread: Little tips

I think the best way to get information from Forex market is getting in it, so you can get a software and see what is happening every minute.

I´m using Metatrader. It´s easy to use.

Reading is a good advice too. Get some dictionaries so you can help yourself with definitions.

The last one, be patient, you can increase(or decrease) your money, but this is not gonna be forever, so play smart and patiently

Yes, I agree with you. And another tip is join forum or communities that you may get a new ideas to improve your forex skill. Also spent time at lease 1 hour a day to read/watch training video to remind your forex knowledge. Many time I lose all money in forex, but after I try to educated myself again it make me feel better and can continuing in forex market.

I agree with the part you say using MT4, I didn’t know about it nothing until I got it, because you can read a lot, and get more info about forex, but you really know the market when you get in it. Now, I can understand news and conversations.

Thanks a lot for your short tips. I got metatrader couple days ago, I know I need more experience to be a good trader, I´m still trying to understand the market with EUR/USD which is the better for me.

Here are my tips for all forex traders.....

1. Never invest money into a real Forex account until you practice on a Forex Demo account!
2. Go with the trend!
3. Always take a look at the time frame bigger than the one you've chosen to trade in.
4. Never risk more than 2-3% of the total trading account.
5. Put emotions down. Trade calm.
6. Choose the time frame that is right for you.

Cheers

Good Jenforex!!!! I agree with you with your number 1 and 5. Everybody has to learn how to trade before lose money for no experience, this days the market is very insecure, so is not good try to trade without knowledge. Meanwhile, NEVER no one trader has to put emotions in the market, they´re no t good, always you have to be patient and be smart for make any movement.
Those are good tips

I like that last one that says “be patient� nanytook. YES you have to be a good patience for this market, even when you know you´re beginner and you can to get the world in your hands. Also Jenforex, “put your emotions down� even better No trade with EMOTIONS, they are no good at all, you can think is good to buy but the real is not, so, be careful.