Community Forex Questions

Some of the traders think that forex is easy, while come think it is not so easy. According to me, forex is easy if you have all the knowledge about forex. If you know what should do and what should not do than forex is easy for you. Those who have little knowledge about forex can face difficulties when they are going to trade. A good startegy is important in forex trading. Therefore, before selecting a trading startegy, you need to properly the back test it. If it does not perform well adjust it and make a profitable trading startegy.

Each day before you start trading, you have to set your goals, profits and losses as well, when this is achieved you turn off your computer.

Forex is not easy - but as long as you devote yourself well by applying yourself, analyse well, read and research - then you can start understanding things more. If you set certain goals and objectives you need to make sure that they are realistic so that then you will be better able to do well. Hence your trading strategy should be well devised.