A lot of people who want to learn forex, but they must be confused where to start. In the world of forex and the many ways we can learn, as long as there is the intention and effort we can certainly understand it. Even the expert is still learning.
Here there are a few steps to start learning forex
1. A Basic Introduction To Forex
Are you at all do not know about forex? We recommend that before you decide to join the forex, you should know beforehand the basics about forex.
2. What makes many people intend to turn to the forex?
Many are dreaming of big profits from small capital with forex trading. This is not really true, since the potential profitability of large forex also comes with great risk, too. However, there are other factors, i.e. factors of flexibility in time, capital, as well as the ease of infrastructure, which makes forex interest grows.
3. 3 the fact of risk in the Forex market
With high spirits soon want to plunge in the forex. But, wait a minute, according to the statistics from the report, only 10% just can reply so rich, the rest fail (up and down, even with a loss).
4. Consider Well
Did I model the person could receive forex like this.
If you think of learn, try, first decide, then proceed to the next step.
If you do not fit in with their risks, then close this page.
If you are challenged and interested in forex, then make sure that you are serious to learn, why? Beware of the risk factors listed above could make you enter the 90% of people who fail. Don't let this happen to you.
5. Do you want to become a successful trader ?
Read articles related to forex, understand the contents of the description in the article. Sometimes every article related to forex has a long page, but that's an accurate portrayal of the article.
6. Whether you have understood the basics of forex
Up to this stage you should reflect how you can take profit in forex. The primary science that is Fundamental and technical analysis. If your understanding about 40-50% of proceeds read/learn before, then proceed to the next step. If not yet understand, extend Your learning time and understand a lot more.
7. Demo Account
Learn and practice. After you understand the basics of forex, you still need to practice, that is to say there is no money here. Use the metatrader + demo account to accelerate the process of understanding and learning you will be fundamental and technical analysis. At the same time, the important things you need to know is about the metatrader application. Read, understand.
8. Trading Psychology
If you manage to master yourself and your trading without emotions, then you can master the forex. But if you still often dragged down emotions, angry because the loss, then You will be difficult to develop. So now try searching for articles on the psychology of trading.
9. Money Management
In the trading psychology there are things about the emotion of greed, revenge. bad psychology, it will tear Your funding arrangements, which led to resilience capital trading and lost. So now looking for articles about money management and risk management, and remember this is a very important thing.
10. Secrets of Personal Trading System
You have to know the most basic of ways, analysis, strategy, etc. So now make your own trading system. This trading system is a unique trading system fitting for you own. But remember, that is required is a trading system that suits you. How the logic of Your analysis, your emotions, Your Psychology, and your time
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