Forex Trading Forum South Africa

Forex trading forum south africa

Hi Investar

FX is not for the faint-hearted.

Top 6 most successful FOREX traders in South Africa 2019

You can make easy money, fast, and lose it just as quickly.

firstly, educate yourself
http://www.investopedia.com/university/forexmarket/
www.babypips.com/school/
are a few sites that will help

secondly, open a demo account with a broker, anyone does not matter, just get used to the feel of it...(but avoid the local brokers, you will get better value with a European based i.e better spreads, charges), you can always use a european based vps if you are worried about speed.

thirdly, divorce yourself from any emotion if you intend trading.

It helps, you cant fall apart when you lose money, you will make rash decisions trying to earn it back, and then lose even more in the process.

and, finally only trade money you are willing to lose.

hope this helps....

 

Forex trading forum south africa