How To Learn Forex In Three Months

[moonchild]

If you are going to start learning forex Trading this is a good article to start with, let's say you want to start forex and you have only 3 months to master it.

Firstly you have to learn the basics, which include how to draw trendlines, channels and candlesticks patterns, also learn how to do a top down analysis, which includes checking the high time frame and lowering it down to short time frame in search for opportunities. You should do this for the next one month.

Then the second month you should focus on trading demo accounts, and when you are starting with demo account, you should start with the amount you are willing to fund in your real account, you should also keep a trading plan where you record all of your trades, doing this will help you to understand your weaknesses and your strength.

Then on the third month, you should fund your accounts, with a small deposits and go live, you should not to worry about losing the money because it is a learning phase, going live will help you in stabilizing your emotions and also taking quality decisions before entering a trade.

All of this is possible when you focus and determined to succeed.

 

[Asahi]

Attain the qualities of professional trading. A professional trader concentrates on analysis more and more because when a trader has a good trading signal, he or she can earn good amount of profit by opening and closing trade according to the signal. Eurotrader broker can be the best choice for professional traders. The broker allows traders with high security of funding.

 

[Jack Reacher]

Success in trading is the result of patience and better market analyzing ability. You should not trade multiple pairs altogether because it will work as a bar to the way of market analysis. You should rather pick only one or two pairs because of easy analysis. Eurotrader is a dedicated broker to traders and serve traders with all the best facilities.

 

[Mary Frederick]

We frequently see Forex’s downturn that leaves us in tension about what to do and what not to do. I suggest traders to trade calmly by reducing lot size. The more a trader understands the market, the more his profit-earning possibility is. Eurotrader offers multiple trading accounts with wide range of trading facilities so traders can easily maintain risk-management policy.