That is a question for me after doing trading forex for almost a year. I have been looking for the answer for a few moment until I found the answer for myself. Trading forex can be simple or complicated depends on our knowledge about forex itself. Trading forex is same as many kinds of trading terms in this world, what makes it different are the items that being trade and the influence factors.
For beginner, there are a lot of things that should to be learn to become successful in trading forex. I think the word "learn" is making it looks complicated (I am a lazy student, LOL). But there are almost no man in this world that become successful without learning. From we born, we have been learning a lot to become like today. Stand up, walking, running, eating, writing, typing, bla.. bla.. bla.. (that I should mention all?) are things that we have learnt until today. So, if you want to become a successful trader, you should LEARN it. There are a lot of site that gives something to learn, one of them is www.babypips.com. They have good and structural lessons to learn forex for beginner or even for pro trader.
If you already pass the phase of learning, than you should practice how to trade in your platform as often as possible. Remember, practice makes perfect. After doing many trade, you will be familiar with the platform and start to have a habbit. Yes, the good thing is habbit makes you love each other with forex itself (if you hate it then you should not continue to trade forex ha ha ha) . The bad thing is usually you already loss many times until you find a good habbit (where is my money LOL).
After learn and have a good habbit, then you will find out that trading forex is simple. You weak up every morning, read the economic news, watch and do some exercise in your chart, take a position, and then go for your daily activities. Then profit will follow you everyday.
Labels: Learning