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  1. #11
    alisha is offline Junior Member
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    Dec 2008
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    I didn’t take some of those steps, and they’re good, I don’t want to restart my experience again, but for the next strategy I’ll keep in mind some of your advices. Thanks to write that.

  2. #12
    Jenforex is offline Senior Member
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    Aug 2008
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    Hi guys,

    The steps i have mentioned are for newbies too. It is important to select a good reliable broker like the one i have. Build some good strategies and trade smartly. Also a newbie should always try to read and learn indicators and update their knowledge. this practice will helps them to hold a decent place at forex market.

    Regards

  3. #13
    richemarks is offline Junior Member
    Join Date
    Nov 2008
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    9

    Default forex trading tips

    Building your own forex trading systems is much simpler than most forex traders think and here we will look at how to build one that you can easily understand and apply for profits. The first think you need to decide when devising your trading system is what type of trader are you?

    Are you a patient trader or do you like more action?

    If you are a patient trader long term trend following will suit you. once you have decided the type of system that suits you need to build:

    1. Support Resistance and Breakouts
    2. Use Momentum
    3. Running Profits and Cutting Losses

  4. #14
    fffx is offline Member
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    Nov 2008
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    50

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    Good one.

    I paste the steps in MS Word for later readings...









  5. #15
    forexf is offline Junior Member
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    Dec 2008
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    22

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    Quote Originally Posted by Norman2008 View Post
    3.The ideal way of trading foreign currencies is through breakout method.
    Did you know that the pros fade (bet against) those breakouts and the newbies are always trading them?
    [color=blue]Amazing Forex Robot finds/executes profitable trades while you sleep [/color]:
    [url]http://tinyurl.com/9s24d8[/url]

  6. #16
    Sarah Hill is offline Member
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    Mar 2014
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    London
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    31

    Default tips today

    Hi everyone,

    Well to introduce EURUSD and USDCHF comdol signals that always work in opposite direction to each other im here to help from fxpremiere group forex signals.

    World leaders in daily forex signals via SMS & Email.

    fxpremiere com

    best tip you will ever get.

  7. #17
    cobaltxz is offline Banned
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    Oct 2013
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    43

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    These steps are great for newbie but professional trader should have detailed view on every action he takes that included in overal trading process. Deduction is the only method of improvement in trading.

  8. #18
    michaelfx is offline Banned
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    Jun 2014
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    Quote Originally Posted by cobaltxz View Post
    These steps are great for newbie but professional trader should have detailed view on every action he takes that included in overal trading process. Deduction is the only method of improvement in trading.
    Quite accurate view on the process trading acquistition. I also hold this opinion and try to not mark time, just trying opening orders in my OctaFx account. I download bunch of useful material taking a closer look on my every trading step. Unfortunately I am not patient enough to hit the books and take a deep plunge my attention is constantly drawn away by desires.

  9. #19
    cobaltxz is offline Banned
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    Oct 2013
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    I forgot to add one profitable step - choosing the right broker. It may offer trading conditions that is not acceptable for you, for example high spreads, or fixed comission per trade. I consider Hotforex as the best trading platform I had a chance to try, I still stick to this broker and trust them all my funds. We are trying to build confidential relationships between each other and it seems we will success in that.

  10. #20
    cobaltxz is offline Banned
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    Oct 2013
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    Yes but I think you need to develop trading plan first before consider all of these advices you gave. For example first point in my trading plan was choosing a broker and after careful research I gave the nod to Hotforex. Check this broker maybe it gonna be a good start for you in your CFD trading.

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