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  1. #1
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    Re: Help starting with Forex

    First u need to find suitable EA for ownself

  2. #2
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    Re: Help starting with Forex

    EA is an expert advisor for a automated trading - trading robot.

    Quote Originally Posted by mubi99
    Sorry, excuse my lack of knowledge, but what is "EA"?? Where can I get one?

  3. #3
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    Re: Help starting with Forex

    Also you should not risk more than 1% of your equity per Trade.

    Regards

  4. #4
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    Re: Help starting with Forex

    Quote Originally Posted by mubi99
    Hello everyone,

    I'm totally new to Forex... I have lost my job and want to make money through Forex... Is that possible... Can anyone give me any ideas where to start?
    Firstly, you need to do a lot of reading... learning... and practicing.. demoing... look for the right system..
    Secondly, treat it seriously as a business.. we are not entering into a casino.. we are doing business so the ultimate goal is to make money consistently..
    Thirdly, stay away from fear and grid..
    Last but not Least pray...
    Good luck..

  5. #5
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    Re: Help starting with Forex

    Try babypips and forexfactory and other forums to get an idea of what the forex market is about and proceed from there. Don't expect to trade full time immediately and make lots of money out of it.

  6. #6
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    Re: Help starting with Forex

    go to learning market dot com... a lot of stuff u can learn there. i learn a lot from there last time.

  7. #7
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    Re: Help starting with Forex

    There is still lots of learning my friend.
    The babypips site is a great learning tool for beginners. After that you can open a Demo account and start practicing what you have learned.

  8. #8
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    Re: Help starting with Forex

    EA is an expert advisor for a automated trading - trading robot.

  9. #9
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    Re: Help starting with Forex

    Good trading strategy, money management and discipline are the keys to success in forex. Last but no least, always trade demo b4 go for live acct.

  10. #10
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    Re: Help starting with Forex

    Making money in forex is not an easy task. It takes years to become a consistent trader. Don't trade when you have money issues. Find another job. When your situation gets better, then trade. You can learn forex though, but don't rely on it for now.

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