How do I trade Forex?

[geedy]

If only trading was as easy as just clicking the buy and sell buttons, we'd all be rich.

Who wouldn't wish for that! But unfortunately reverse is the case, you have to work yourself intensely to achieve results in the market.

 

[radex78]

In fact if any trader want to get profit hence they need to take the risk, some trader said if no risk hence no gain, but also making profit in trading need patience and also skill

 

[CyberWarrior]

How do I trade Forex?

Press either the green 'buy' button or the red 'sell' button.

The way you are suggesting is the road towards total loss. You need to understand that it is never an easy task and it will never be an easy one. If it was, that all of us would be diving in the pool of money.

 

[comagnum]

For more clarification: buy low & sell at a higher price .... reverse for shorting.

 

[Esha.J]

Right, only clicking buy or sell can not solve the questions how to trading in forex. We have to learn so many things which are important part of this business.

 

[radex78]

For more clarification: buy low & sell at a higher price .... reverse for shorting.

This is also simple theory but not easy in practice, sometime price already at low or high and might trader thinking price will move reverse, but sometime occur breakout and continue to higher high or lower low

 

[geedy]

The way you are suggesting is the road towards total loss. You need to understand that it is never an easy task and it will never be an easy one. If it was, that all of us would be diving in the pool of money.

Lol, i quite agree. In fact I don't understand what he trying to pass out in the first place!

 

[geedy]

This is also simple theory but not easy in practice, sometime price already at low or high and might trader thinking price will move reverse, but sometime occur breakout and continue to higher high or lower low

This why I say the market can get funny at time, you might think you have it all figured out but little did you know that the market will play a fast one. At such points all we can do is accept whatever comes or don't venture at all.

 

[radex78]

This why I say the market can get funny at time, you might think you have it all figured out but little did you know that the market will play a fast one. At such points all we can do is accept whatever comes or don't venture at all.

Yes indeed and because these reason many trader using stop loss, although this is sometime become dilemma, because might occur after hit stop loss then pair move on early target and hit target but because stop loss hit first hence loss trades that occured

 

[geedy]

Yes indeed and because these reason many trader using stop loss, although this is sometime become dilemma, because might occur after hit stop loss then pair move on early target and hit target but because stop loss hit first hence loss trades that occured

This is true, that is about all the precautions we can take at this point and hope for the best at least.