This to know before making trade in forex?

[Floura]

The first thing you need to know especially if you are starting for the first time is that don't have the mindset to get rich quick in the market, if you do that you will hurt yourself.

 

[Ofonime6]

We should not have the mindset of getting rich quick here all that you need is master how to do fundamental and technical analysis when you do this two analysis and chose the convinient pair then you can start making money successfully in forex.dont always trade when the market goes sideway

 

[tyrim88]

First you have to understand the market and its trends. Know when to buy and sell, know when to go short and when to go long term, know your trading tools and make sure you familiar with the way they work. Don't ever be greed and also dont ever rush into the market. Lastly use the money you can afford to lose

One of the things that most investors that want to go into forex trading is that they are not patient enough to go through the rudiment of learning and aquire the neccessary knowledge.

 

[Genie01]

Knowledge is why helps us to make appropriate investment decisions, it is very important to have an in-depth knowledge of Trading before venturing into a live account

 

[Ratine]

For me I think forex trading business is very risky and one can easily loose their capital or hard earned money through trading. Therefore before executing a trade there one must have vast knowledge about forex trading.