Forex Trading for Beginners – 6 Things You MUST Know BEFORE You Start Trading!

Archer Howitrade

http://howitrade.co.uk Make Money Online, Forex Trading from Home: Forex Trading for Beginners – 6 Things You MUST Know BEFORE You Start Trading! This video series is for educational purpose only where I analyse the markets and talk about How I Trade, in order to make money online, trading forex (foreign exchange currencies), Indices, stocks, shares, commodities and CFD’s. ????? SUBSCRIBE TO MY CHANNEL AND STAY UPDATED: ????? https://www.youtube.com/channel/UCaxmrfLwJww1FVcVtRqkGUg?sub_confirmation=1 ????? FOLLOW ME ON FACEBOOK: ????? https://www.facebook.com/Howitradecouk-647969735369648/ ????? Share this Video: ????? In this Video I will share with you my market commentary, my market outlook and market forecast on some of the trending markets I will be watching for potential “setups” or trading opportunities. I believe that anybody can trade fx & make money trading online, make money with forex trading, anyone can work from home to make money from home, work part-time or full-time, day trade or swing trade, spreadbet in the UK or CFD’s in other parts of the world. First you need to learn how to trade, get some training and develop some forex trading strategies. ????? Follow Me ????? https://www.facebook.com/Howitradecouk-647969735369648/ https://twitter.com/HowitradeUk https://plus.google.com/114407283561884682152 https://www.instagram.com/HowitradeUk In my videos, I show you the forex trading strategies that I use as a trader which help to explain forex trading for beginners as well as more experienced traders. I will answer your questions, What is Spread Betting? What is forex trading? And how to trade forex? Basically, spreadbetting is simply a tax free alternative to conventional stock trading. Online forex trading has become very popular and there are many, forex trading strategies. As a forex trader, I have developed some forex strategies to trade fx online. You can open a forex demo account to practice your foreign currency trading and use, forex indicators. Forex trading for beginners can be confusing and so I have developed some forex trading strategies for beginners. It’s ideal for people who want to make money and work from home online. If you happen to be like me, then you're going to want to trade the Foreign exchange to make more money. After all, who would not? Foreign currency trading could be accomplished anyplace on the earth as long as you can access the World Wide Web. The potential profits are mind blowing! There are some things that each and every new person starting out in forex should be aware of first. Dedication You will certainly need to be very motivated. You can't just trade on a whim because you'll just end up losing your money and then quitting. The Foreign exchange shouldn't be a recreation. It is not for playing. To achieve success, you'll need to dedicate time on a regular basis to make it a real success. If you are not prepared to do this, then do not even begin. Think of it as a Career Your starting up a new Career, you're putting in an investment to make more money. Plan your strategy, think about your long term goals, don't just jump in and out of the markets, hoping to make a profit, learn a strategy, practice it and get really good at executing it! Direction The Foreign Exchange provides lots and lots of trading opportunities but first you need to plan and decide on the direction you wish to trade. Find trending markets, identify the tend and trade in the direction of the trend. Price moves in waves, as a forex trader, you need to jump on board at the correct moment, ride the wave and then get off with a nice profit. Risk Never risk large amounts of your investment, start small and your investment, together with your profits will grow at an astounding rate. A huge mistake that a lot of new traders make is that they risk too much of their investment and then they suffer some losses and end up blowing their account and they have no more funds available to trade. Tools A plumber can’t do his work without having the right tools for the job! As a technical trader dealing with the foreign exchange market, you will need a suitable charting package with the right indicators in order for you to effectively analyse the charts, plan your trades and execute your strategy. Get Educated! To make money in any profession, you will need to spend time “learning the ropes”. So, first you need to learn how to trade, you need to understand how price moves and how the markets operate. You need a strategy that works for you and fits into your lifestyle. You need to learn, practice, get good at what you’re doing and then go back and evaluate your trades to get even better and be even more successful and make even more money!