How to become a successful Forex trader?

What is the best strategy for a beginner to become a successful Forex trader?


  • As a beginner, trading Forex is full of risks. 99% of the Forex traders fail in their first Forex trade. Only 5% of the rest will survive within two years. Reason for this is the lack of knowledge in Forex. 

    To become a successful Forex Beginner, one must need to fulfil the following things.

    Proper knowledge in Forex Basics.

    (Tutorial 2)

    Ability to make accurate predictions using Forex chart analysis

    (Tutorial 4 and 6)

    Knowledge in the correlation between a country’s currency price and economic factors affecting a country. (Tutorial 3)

    A Clear idea in Forex Disciplines. (Tutorial 8)

    Tips from professional traders to avoid risk factor in Forex. (Tutorial 10)

    iDoForex beginners guide provides a complete set of tutorials for Forex beginners who are interested in earning profits.

  • You have shared a good instruction for forex beginner. Thanks.

  • Never forget to use demo account, i.e. a trading account with monopoly money directly connected to the live market. Trades in real time and correspond to what would be true losses and benefits if the money were real.

Sign In or Register to comment.