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what is the basic thing that we should know???

  • #21
  • Aug 6, 2017 6:34am Aug 6, 2017 6:34am
Best trading indicator? RSI (according to my personal trading experience)! It’s very difficult to mention any specific news session! News trading is always critical, by the way NFP is always interesting news session! Major Forex pairs are useful!
  • #22
  • Aug 11, 2017 6:53am Aug 11, 2017 6:53am
Quoting GeorgeBaile
Best trading indicator? RSI (according to my personal trading experience)! Its very difficult to mention any specific news session! News trading is always critical, by the way NFP is always interesting news session! Major Forex pairs are useful!
I've been learning how to use RSI lately and I too find it quite helpful, though I admit that I am still a newbie in that regard.
  • #23
  • Aug 11, 2017 7:44am Aug 11, 2017 7:44am
Quoting SoreLoser1
There is no basic thing my friend trading is complex, difficult and takes time to master but nonetheless it can be mastered. What i wanna say is you should make learning and patience your top priority. Someone once said to me even the pro traders still learn new things in the market. So my advice would be learn as much as you can and take your time doing it.

I agree with your opinion! Success is very costly here. But it’s true, new traders can start from their learning process through basic, but before starting their live trading, they have to complete advance level as well!
  • #24
  • Aug 17, 2017 7:36am Aug 17, 2017 7:36am
First and foremost is to put your greed aside. Everything else - knowledge, observation skills, risk management, will come with the time and experience.
  • #25
  • Aug 18, 2017 5:07am Aug 18, 2017 5:07am
The basic thing to know why we join forex trading, which means to earn money so we need to have our targets investment money and the skills which takes us to the right.
  • #26
  • Aug 25, 2017 6:29am Aug 25, 2017 6:29am
Quoting Dopey
The number one thing to know is don't lose your money.
But I think, if any traders trade with a 100% winning mentality then he/she will be losing his/her trading momentum! Basically, making consistent profit from this financial market is so challenging; in my trading, I am always ready for my SL. But that doesn’t mean, I like to face my SL! But this mentality really helps me!
  • #27
  • Aug 25, 2017 8:34am Aug 25, 2017 8:34am
https://www.forexfactory.com/showthr...3#post10213643
  • #28
  • Aug 25, 2017 2:03pm Aug 25, 2017 2:03pm
Quoting jollypk
The basic thing to know why we join forex trading, which means to earn money so we need to have our targets investment money and the skills which takes us to the right.
We joined in this trading place because of earning money hugely. But after passing sometimes we can realize how much difficult this one , so before entering in here beginner trader should know the reality . it can support them for avoiding loss.
  • #29
  • Last Post: Nov 18, 2020 9:53am Nov 18, 2020 9:53am
You should know all those things which help you to keep your money safe in this market.
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