Here are some key points for your beginning trading that I am suggesting:
Open a DEMO account on the brokerage sites and start trading with virtual money. In this case, the trading platform will be important, as it has to offer you several advantages.
You must be able to trade many instruments at the same time, to be flexible in transactions, and to create advantages using different types of investments.
You must be able to see many displays on the screen at the same...
Respecting some simple rules
A lot of Discipline
A great control of your emotions
Here are a few successful strategies on the Forex market, as requested from some friends of mine. The best method is to test them repeatedly, even if they are failing, until they would become automatic reflexes.
Intraday trading
In the past months, I started to observe an increased interest for intraday strategies, especially on the futures market, which is a sideway market. This is why the next method...
Once you have the basic knowledge and concepts, and you feel you are ready to begin trading with real money, you won’t have to wait to learn everything. Many times, waiting is your most dangerous enemy.
While you are spending time on studying, you must keep a list of informative resources that will be useful. Bookmark those sites and sign up for the free trainings.
Develop the trading norms, write them down, and test them for real money.
Practice, practice, practice
Once you have 20 or more consecutive...