http://www.forexinitiate.com/2009/03/tips-for-successful-forex-trading/ Forex Blog and Resources for Newbie Traders Mon, 14 Jun 2010 18:33:13 +0000 hourly 1 http://wordpress.org/?v=3.0 http://www.forexinitiate.com/2009/03/tips-for-successful-forex-trading/comment-page-1/#comment-672 online trading software Mon, 11 May 2009 12:32:33 +0000 http://www.forexinitiate.com/?p=160#comment-672 Get the fundamentals right first! Here are 4 basics for you: 1. Choosing a broker. Select the broker that operates on low spreads. Your broker must have tie ups with large banks. Check to ensure that they are registered with futures commission merchant (FCM) and regulated by commodity futures trading commission (CFTC). 2. Fundamental analysis of the market. This done to understand long-term trends. 3. Technical analysis of the market. This is necessary to understand and analyze the price trends as a result of change in the currency conversion rate. 4. Money management. You must be aware of how much you are investing and how much you are getting back. You have to measure your success from the profit made after a day and not after each trade. Get the fundamentals right first! Here are 4 basics for you: 1. Choosing a broker. Select the broker that operates on low spreads. Your broker must have tie ups with large banks. Check to ensure that they are registered with futures commission merchant (FCM) and regulated by commodity futures trading commission (CFTC). 2. Fundamental analysis of the market. This done to understand long-term trends. 3. Technical analysis of the market. This is necessary to understand and analyze the price trends as a result of change in the currency conversion rate. 4. Money management. You must be aware of how much you are investing and how much you are getting back. You have to measure your success from the profit made after a day and not after each trade.

]]> http://www.forexinitiate.com/2009/03/tips-for-successful-forex-trading/comment-page-1/#comment-13 Tips for successful Forex Trading | The Forex Initiate Wed, 04 Mar 2009 16:19:46 +0000 http://www.forexinitiate.com/?p=160#comment-13 [...] Tips for successful Forex Trading | The Forex Initiate [...] [...] Tips for successful Forex Trading | The Forex Initiate [...]

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