How many r here do forex?

China
November 6, 2007 8:47am CST
And,how to be a good forexer and make more money?pls talk with us,thank you.
3 people like this
4 responses
@ikinta (1236)
• Indonesia
11 Nov 07
I read that a good trader will never stop to learn and thats how you make money. Visit my blog http://minyu2fx.blogspot.com . There are many good blog too out there about forex. Just keep learning and practice.
1 person likes this
@yanjiaren (9031)
12 Nov 07
I am a bit slow in general but am learning a bit about forex trading everyday on a great easy to understand site called babypip.com..This is a free internet teaching all about forex for absolute beginnes. If you study a bit every day you could within a few months open yourself a demo account and start trading. I found it the best guide to forex for the layperson. Please check the site out it really is great.
• United Arab Emirates
11 Nov 07
You can learn forex with few months if you are really dedicated. I have learned a lot and still learning. Try to learn the basics first, then concentrate on moving averages, p. sar, macd. all these are very good indicators. If you learn them and understand them, you can definitely be a good trader. There are lot of other indicators too. See, in forex, the more indicator you use, the more confident you become. You should not depend only on one or two but u need to confirm it with as many possible indicators and enter the trade and be confident. Most important, never be emotional with your trade. Think wisely, plan your trade, make a stop-loss, enter the take profit etc. all these helps you to avoid big losses and make more profit. Be confident and you will succeed. Please feel free to ask for help. I am also learning so I can help you.
• Malaysia
10 Nov 07
To be a good forexer it takes years to learn. You will discover a lot of unexpected patterns in the chart that you will need to understand and keep it in your list. The basic thing you need to be successful 1. Understanding Trend 2. Learn the law of support and resistance 3. Pick good indicators 4. Understand the fundamental effect i.e. interest rates, non-farm payroll. These data can greatly effect the movement of the chart