Why not everybody succeed in forex trading?
As the forex trading has the capability to bring the biggest profit,it also can bring you the grate losses too.
Obviouly forex is among the riskiest ways of money making methods and it is highly dynamic market and hard to predict the trends,but people without good forex basic knowledge and experience start it without learning the basic and lose their money in miniutes.
It is found that many people who started forex gone out of the market within two or three weeks with a lose and the statistics further says more than 90% of the individual forex traders loose money .
Then how to succeed in forex?
Any difficult goal can be achived if you find the right path and you have enough patience,courage and training to overcome difficulties.It is applicable to forex trading too.
People who losse money in forex are the people start without basic knowledge or proper trainning
So if you can make sure you are not doing the same mistake you can also make sure that you not among those people.
Even if you already had a very bad begining with forex I suggest you to start again with proper trainning. Remember "Practice make man perpect".
How can I prepare?
- First understand what is forex and how forex trading brings profit or lose.
- Be thorough with forex glossary.
- Learn the good practices.
- Before start real trading practice demo or virtual trading for at least two or three weeks (To be honest 2 weeks not enough).
- Go with the right brokers.(Don't worry I show you the best brokers who allow you to start forex with no deposit.)
Ok, I assume you are ready to start.
Now the the question is where can I study the forex basics and who are the brokers who allow you to start forex with no deposit......???????
Most of the brokers these days having excellent and enough content in their sites itself to guide their clints but we are not using thats the problem.So once you registed with the free forex brokers listed below you can get the guide lines forex lessions from them.
Once you complete the registration I also recommend you to complete reading free guide at http://www.babypips.com/school/ .
It is a complete free course which is more than enough for you to become a sucessfull forex trader.
Here is the Free Forex brokers who allow you to start forex with no deposit....
1) Available for all Countries Highly recommended
2) Country limitation is there
3) Country limitation is there
10Pips -
forex trading
forex trading
4) This is also free but you needed to subscribe using paypal to do real trading.
Swiss Dealing
All the best for your forex journey.
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