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  1. #1
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    Forex Trading Online Tips

    Knowledge is a must you never know enough and always be ready to learn more and more

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    This is an opinion, not a forex tip. Please, no post count advances.

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    TIPS: You must have to be careful before you dealing with these companies. There is a lot of fake company, especially in the Internet. So what you have to do just taking time to check the company overview, reviews as well as company background before you select. Otherwise, you have a possibility to face on fake and your efforts and money are totally waste.

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    Don't make the common mistake of trying to pick the top and bottom of the market in forex. If this is your strategy, wait until your indicators confirm the top and bottom have actually taken form before setting up your position. This is still a risky position to take, but your odds of success increase when you use patience and confirm the top and bottom before trading.

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    Quote Originally Posted by Biodun View Post
    TIPS: You must have to be careful before you dealing with these companies. There is a lot of fake company, especially in the Internet. So what you have to do just taking time to check the company overview, reviews as well as company background before you select. Otherwise, you have a possibility to face on fake and your efforts and money are totally waste.
    Now that is a real tip.

  8. #6
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    Sure, just check on them, especially forums can help newbie traders to choose the right broker. Also, the trader that use different broker can help out to score the broker that they are using.

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    Quote Originally Posted by Biodun View Post
    TIPS: You must have to be careful before you dealing with these companies. There is a lot of fake company, especially in the Internet. So what you have to do just taking time to check the company overview, reviews as well as company background before you select. Otherwise, you have a possibility to face on fake and your efforts and money are totally waste.
    Those are very good tips. We should search information and review about broker that we will use to trade, we can use forex forums to get it, because there are many trader there. And if we have choose broker, we have to try out by using demo account or real account with free capital as given instaforex.

  10. #8
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    Let's take the idea of buying first. What if you bought something (it could literally be almost anything...a house, a piece of jewelry or a stock) and it went up in value. If you sold it at that point, you would have made a profit...the difference between what you paid originally and the greater value that the item is worth now. Currency trading is the same way. For example if the AUDUSD pair was bought at 1.0615 and the pair moved up to 1.0700 at the time that the trade was closed/exited, the profit on the trade would have been 85 pips m is worth now. Currency trading is the same way. Had the pair moved down to 1.0600 before the trade was closed, the loss on the trade would have been 40 pips

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    thanks @Biodun

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    If any person learn about Forex properly, he will earn a lots of money in Forex business. An experience person earns a lot of money in Forex business.

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