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    1. #1
      ayushsrk is offline MTV Senior
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      Red face just starting forex

      I am a newbie in the forex.And i want to learn about forex from the very base root.Like what I should do to start it?And what are we to do actually in forex.And finaally how are we paid by trading in forex.Please suggest me.

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    3. #2
      jumpingkid77 is offline Banned
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      Re: just starting forex

      First you need to open a forex trading account in a broker of your choice and then trade which involves buying and selling. Another thing you ought to know is that before you open that account, you should have done a demo for sometime before you go live.

    4. #3
      dollarscout313 is offline Banned
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      Re: just starting forex

      Then the journey is going to be a long one and if you do not brace up for it, you might get discouraged along the way. First things first and thatt is, forex is a risky investment. You'll need to adjust you mindset to taking losses on hard earned money. The amount of loses you can decide for yourself using a good risk management technique.

    5. #4
      donjaz1 is offline MTV Senior
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      Re: just starting forex

      As a new bie everything has been easier for you cause forex market is not like how it was before because there are alot of forum to learn and also there are some site that develop like a school for new bie lastly the best way to get much knowledge about forex trading is by practising every time with demo account.

    6. #5
      crazypavement56 is offline MTV Regular
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      Re: just starting forex

      Then I suggest that you should start and stick to the demo accounts for a while. There are things to learn from the demo accounts like how leverage works and the best time to trade as well as the best pairs that can yield profits to a trader. Above all, you should come up with a consistently profitable system at the end of the day.

    7. #6
      ermaniso2011 is offline MTV Regular
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      Re: just starting forex

      the first step for you is here:first go to Google and try to find some websites like babypips.com and some e-books to learn forex from zero.and second step is open a demo account with any broker learn the basics of metatrader and learn how to make trades.the third is pick some strategies on forums and apply them.and the last step is create your own strategy and always follow it.practice it on demo until you are sure you can make good income.and open a live account start to trade with cent account.and last of last open a standard account make big and bigger profit.never loss your discipline and always follow your rules.

    8. #7
      flybiz08 is offline Banned
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      Re: just starting forex

      Babypips is one good online hub to help a trader learn and improve the trading skills. First, a trader has to understand what forex trading is all about and the risks involved before making more efforts to begin with the demo and then the live account.

    9. #8
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      Re: just starting forex

      Friend try demo account and visite the forex blogs daily and read the news daily and discuss anything realted to the forex in the forex trading discussion forums with seniors you will get the ideas and be the refect forex trader.

    10. #9
      frchowe214 is offline MTV Rookie
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      Re: just starting forex

      Quote Originally Posted by ayushsrk View Post
      I am a newbie in the forex.And i want to learn about forex from the very base root.Like what I should do to start it?And what are we to do actually in forex.And finaally how are we paid by trading in forex.Please suggest me.

      Forex is a currency trading game involved many currencies in it which provide attraction to the traders who are interested and have sufficient investment to put in to it. You should start from learning it first by joining any online course about Forex and also by opening a demo account. Brokers offers many different payment methods to its clients to trade effectively and on time but the major are wire transfer, credit cards and moneybookers.

    11. #10
      brokenblade is offline MTV Regular
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      Re: just starting forex

      The first step is to read about forex and learn what you can from experienced people. The next step is to get a demo account and practice a lot. Eventually, get a live account. However, always trade less money than you can afford. Make sure that you have an exit plan in the case you are losing money.

    12. #11
      luke1 is offline MTV Loyal
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      Re: just starting forex

      Quote Originally Posted by jumpingkid77 View Post
      First you need to open a forex trading account in a broker of your choice and then trade which involves buying and selling. Another thing you ought to know is that before you open that account, you should have done a demo for sometime before you go live.
      It is much better not to spend the money first to open an account on Forex. Need to learn more and more about Forex here. Try to make a demo account on Forex here, then try to invest with small money.

    13. #12
      r i d d i c k09's Avatar
      r i d d i c k09 is offline MTV Addict
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      Re: just starting forex

      Better also to use in demo account the amount or deposit similar to what he will invest in this way he will have idea what will be the outcome if he invest his money. But then much better if we are going to be in forex forum to have bonuses from posts and therefore no need to invest in order to trade in real trading accounts.

    14. #13
      davidjss is offline MTV Senior
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      Re: just starting forex

      Probably with visit in forex forum , we get answer about reputable broker , and we should choose broker that have legitimate among trader , so our money deposit will safe if anytime we make withdraw profit

    15. #14
      xari is offline MTV Newbie
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      Re: just starting forex

      As for the newbie you should learn about trading before joining the forex because if you dot know about trading you cannot work on forex and when you learn about trading then you should try some demos just for your beginning experience .

    16. #15
      donjaz1 is offline MTV Senior
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      Re: just starting forex

      As a new trader i would advise you to find a great or legit brokers to secure trading with and also try to get a demo account to make some training cause there is no way you can be a perfect trader without trading demo cause it look just exactly like real trading in which ur strategy is only what you need to gain from it.

    17. #16
      brokenblade is offline MTV Regular
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      Re: just starting forex

      I'd say, study as much as you can about Forex. After that, open up a demo account. I would recommend getting months worth of practice with demo accounts. When you decide to open up a live account, look for a very reliable Forex Broker. Make sure you read reviews about each broker you are interested in so that you do not get cheated.

    18. #17
      Adam-FXVV is offline MTV Newbie
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      Re: just starting forex

      FXVV.com offering leverage 1:1000, minimum deposit is $10, bonus deposit 15%, Islamic accounts and we are ECN/STP broker. Kindly visit our website at fxvv.com

    19. #18
      nullahfx's Avatar
      nullahfx is offline MTV Regular
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      Re: just starting forex

      Quote Originally Posted by brokenblade View Post
      I'd say, study as much as you can about Forex. After that, open up a demo account. I would recommend getting months worth of practice with demo accounts. When you decide to open up a live account, look for a very reliable Forex Broker. Make sure you read reviews about each broker you are interested in so that you do not get cheated.


      yes, we should learn more about trading with read on some book or internet,, or we can try open demo account to make us understand about trading clearly before try real account, and to find our own trading system and try to discipline. if feel ready to try real account, we can open micro account for the first time with only deposit minimum $5 on FBS, but before invest our money, we need to choose broker carefully. I choose FBS, because it give me so many advantages and really make me comfortable on trading..
      http://www.fbs.com/

    20. #19
      qazi is offline MTV Regular
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      Re: just starting forex

      According to me newbie should start from learning it first by joining any online course about Forex and also by opening a demo account. In this respect, I must say that the best way to get much knowledge about forex trading is by practicing every time with demo account.

    21. #20
      nullahfx's Avatar
      nullahfx is offline MTV Regular
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      Re: just starting forex

      Quote Originally Posted by qazi View Post
      According to me newbie should start from learning it first by joining any online course about Forex and also by opening a demo account. In this respect, I must say that the best way to get much knowledge about forex trading is by practicing every time with demo account.

      yes,, practice more with demo account will make newbie be more and more better on trading.. or come to forex education center near your town..
      for example,, there's an education center in bandung, Indonesia.. we can learn it there for free,,
      http://www.fbs.com/

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