Have u ever traded stock market? or do you know anything about it? If yes then forex market is very similar to it except that we have currency pairs in forex instead of stocks (in stock market). 

There r countless articles on introduction to forex. So you can read any article which will tell u each and every detail about forex. If you have any specific question, please let me know and I will be glad to help u.

Yes i have a business in stok market.Can i do from bangladesh?

Originally posted by baulaamon

Yes i have a business in stok market.Can i do from bangladesh?

Yes, you can easily do it from bangladesh or any country if you already have a registered business there. If you do not have registered business, you can easily register one. 

Originally posted by baulaamon

Hi,

I am new to this forum.I have no idea about forex business.I want to know details about forex business can anyone tell me please?

 

Hi Baulaamon,

I've been trading for about 9 years now and from experience you are better off trading about 10% of the total amount that you plan to trade and set a goal of a 20% return with a risk of 0.5% per trade before you trade the rest of the money. It's a good way to make sure that you are consistently profitable and it also ensures that you have experienced losses and know how to deal with them.

I've read over 60 books about trading and one of the best resources I've come across is actually a website called (Babypips). If you go to the "school" section of their website they have one of the best beginners, intermediate and advanced sections. It will cover all the basics of trading and will help you build knowledge and confidence. Using resources like this you will eventually build a very good trading plan that you can follow to be successful in the long term.

I hope that helps. All the best!

Alex

Start with demo trading. 

If you need any theoratical help, google it.

Do not scalp or day trade. I know it is really difficult for new traders to be patient but this is what you have to do if you want to succeed in long term.

Take your time to plan a trade. See how prices moved in past. Use simple technical indicators if you want to. Learn about news events that are relevant to pairs that you r trading.

Do not Overtrade.

Even 1 trade in 2 or 3 days will be sufficient because you are not going to day-trade. Enter into a new position only when you feel it is right time to enter. Sometimes you may not find a good opportunity for whole week. 

Set your Stop Loss and Take profit carefully as it determines your risk/reward ratio.

Originally posted by Jogi

Start with demo trading. 

If you need any theoratical help, google it.

Do not scalp or day trade. I know it is really difficult for new traders to be patient but this is what you have to do if you want to succeed in long term.

Take your time to plan a trade. See how prices moved in past. Use simple technical indicators if you want to. Learn about news events that are relevant to pairs that you r trading.

Do not Overtrade.

Even 1 trade in 2 or 3 days will be sufficient because you are not going to day-trade. Enter into a new position only when you feel it is right time to enter. Sometimes you may not find a good opportunity for whole week. 

Set your Stop Loss and Take profit carefully as it determines your risk/reward ratio.

 

I think, You are Searching Google, on Forex business, Forex book, Forex Indicator so you will know of Forex business. Thanks

Learn basic forex education, there are so many sources to reading, maybe babypips dot com is one source and many traders learn from there, practice in a demo account is free and we can choose one broker to start practice with the demo account, learning forex need running slowly and not rush to make money.

Starting up in Forex is relatively easier but it needs to be done through proper planning to be able to benefit. Most important thing is the selection of a quality broker, as it’s something that makes a huge difference. I have myself suffered with wrong brokers in past so one should not make such error.