Learning Forex Trading


  • Learning Forex Trading

A.) 
Getting Started In Forex and Demo Before You Dive In. Open a demo account until you can make a consistent profit - Many people jump into the forex market and quickly lose a lot of money (because of leverage). It is important to take your time and learn to trade properly before committing capital. The best way to learn is by doing! Trade without emotion - Don't keep "mental" stop-loss points if you don't have the ability to execute them on time. Always set your stop-loss and take-profit points to execute automatically, and don't change them unless absolutely necessary. Make your decisions and stick to them! The trend is your friend – If you go against the trend, you had better have a good reason. Because the forex market tends to trend more than move sideways, you have a higher chance of success in trading with the trend.

You need to open a demo account first to practice while you learn, but you need to find a good MT4 platform to test your trading methods. We have some recommended MT4 platforms. Details of our courses: "Learn Forex and Binary Options trading in Sri Lanka" http://forex-sinhala.blogspot.com/2015/11/forex-and-binary-options-trading-in-sri.html you can follow our trading course to learn more about it.

learn forex trading be your own boss

Comments