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Acquiring knowledge is basic
عضو منذ Jul 26, 2021
26 المشاركات
Aug 06, 2021 at 11:44
عضو منذ Jul 26, 2021
26 المشاركات
I would make a clarification.
The relevance and reliability of information is also important. Learn from the best, communicate with traders who have achieved a stable result.
Read the basics of trading, but don't read "The Strategy That Will Make You Rich After One Trading Day". Most likely there is nothing to read.
Study other traders' trading to understand their specifics and feel free to ask questions, that costs nothing
The relevance and reliability of information is also important. Learn from the best, communicate with traders who have achieved a stable result.
Read the basics of trading, but don't read "The Strategy That Will Make You Rich After One Trading Day". Most likely there is nothing to read.
Study other traders' trading to understand their specifics and feel free to ask questions, that costs nothing
عضو منذ May 27, 2021
56 المشاركات
Aug 07, 2021 at 09:39
عضو منذ May 27, 2021
56 المشاركات
LesleyLesley posted:
I would make a clarification.
The relevance and reliability of information is also important. Learn from the best, communicate with traders who have achieved a stable result.
Read the basics of trading, but don't read "The Strategy That Will Make You Rich After One Trading Day". Most likely there is nothing to read.
Study other traders' trading to understand their specifics and feel free to ask questions, that costs nothing
Yeah buddy. I have also read this book and it's not that helpful.
I used to watch youtube videos of traders showing their trades and strategies. This has helped me in formulating my own strategy by learning the basis of other traders' strategies.
عضو منذ Jun 12, 2021
132 المشاركات
Aug 09, 2021 at 07:13
عضو منذ Jun 12, 2021
132 المشاركات
knowledge acquiring is important but it can be useless if you dont have a reliable support from a credible trading broker , because the broker can affects the result of our trading with certainly.
عضو منذ Sep 12, 2017
232 المشاركات
Aug 09, 2021 at 12:48
عضو منذ Sep 12, 2017
232 المشاركات
knowledge can only be acquired by practising or being in touch with the market on daily basis.
عضو منذ Apr 15, 2020
187 المشاركات
Aug 10, 2021 at 06:39
عضو منذ Apr 15, 2020
187 المشاركات
AndrewMcCalam54 posted:
knowledge acquiring is important but it can be useless if you dont have a reliable support from a credible trading broker , because the broker can affects the result of our trading with certainly.
I believe both the things are important. Having a genuine broker by your side enhances and leads to better results however, a good broker is nothing if you lack trading updates
The more your practice, the more you learn.
عضو منذ Jul 07, 2021
40 المشاركات
Aug 10, 2021 at 06:57
عضو منذ Jul 07, 2021
40 المشاركات
Yes you need knowledge but you also need other aspects for successful trading such as risk management, money management and psychological training to keep your emotions at bay.
عضو منذ Aug 10, 2021
172 المشاركات
Aug 11, 2021 at 01:00
عضو منذ Aug 10, 2021
172 المشاركات
Forex trading is a simple and easy way of earning. If you want to achieve success in forex you must gain some knowledge and experience in forex. Always do hard work and never hesitate to learn new things about forex trading.
عضو منذ Aug 26, 2020
76 المشاركات
Aug 11, 2021 at 05:59
عضو منذ Aug 26, 2020
76 المشاركات
You should also be good at putting your knowledge into practice and understanding how it works in a given situation.
عضو منذ Dec 28, 2020
167 المشاركات
Aug 11, 2021 at 06:12
عضو منذ Dec 28, 2020
167 المشاركات
VictorAxel posted:
Without a good knowledge base, there's no fun is trading actually. We have to try to gather information at every phase if we want to succeed as a trader.
Actually there is no fun in trading with limited knowledge, always expand your knowledge base in trading, try to learn new things, you will definitely get success in trading.
عضو منذ Jun 26, 2020
323 المشاركات
Aug 11, 2021 at 06:12
عضو منذ Jun 26, 2020
323 المشاركات
Maximum traders in Forex like to trade with high leverage for making profit instantly. But traders who make profit consistency , I don’t think they use high leverage. They way I see it. High leverage gives us the benefits not to worry about margin requirements and one less thing to focus on. Abusing leverage can be costly for traders.
عضو منذ Mar 17, 2021
494 المشاركات
Aug 11, 2021 at 07:57
عضو منذ Mar 17, 2021
494 المشاركات
Tradelist45 posted:
Maximum traders in Forex like to trade with high leverage for making profit instantly. But traders who make profit consistency , I don’t think they use high leverage. They way I see it. High leverage gives us the benefits not to worry about margin requirements and one less thing to focus on. Abusing leverage can be costly for traders.
I think high leverage can put you in great danger if you don't have proper knowledge.
عضو منذ Jul 26, 2021
26 المشاركات
Aug 17, 2021 at 11:14
عضو منذ Jul 26, 2021
26 المشاركات
CocoChannel posted:LesleyLesley posted:
I would make a clarification.
The relevance and reliability of information is also important. Learn from the best, communicate with traders who have achieved a stable result.
Read the basics of trading, but don't read "The Strategy That Will Make You Rich After One Trading Day". Most likely there is nothing to read.
Study other traders' trading to understand their specifics and feel free to ask questions, that costs nothing
Yeah buddy. I have also read this book and it's not that helpful.
I used to watch youtube videos of traders showing their trades and strategies. This has helped me in formulating my own strategy by learning the basis of other traders' strategies.
Yes, it's good that you remembered the youtube content. It is really much easier to receive information there, while there are many bloggers who make it easy to explain complex concepts.
عضو منذ Mar 16, 2021
447 المشاركات
Aug 17, 2021 at 13:19
عضو منذ Mar 16, 2021
447 المشاركات
Williamfreed posted:
Forex trading is a simple and easy way of earning. If you want to achieve success in forex you must gain some knowledge and experience in forex. Always do hard work and never hesitate to learn new things about forex trading.
Good point, you have to make a profit on forex trading education. If knowledge and skills cannot be developed, it will be difficult to make a profit.
عضو منذ Mar 28, 2021
586 المشاركات
Aug 18, 2021 at 12:00
عضو منذ Mar 28, 2021
586 المشاركات
@croisssan In forex trading knowledge is very important. But it is also important to have the ability to implement the knowledge one has.
عضو منذ Jul 19, 2020
749 المشاركات
Aug 18, 2021 at 12:10
عضو منذ Jul 19, 2020
749 المشاركات
@Akasuki Yes knowledge becomes effective or powerful when it is applied properly. Without proper use of knowledge, making money in trading is not possible.
عضو منذ Mar 28, 2021
586 المشاركات
Aug 20, 2021 at 14:05
عضو منذ Mar 28, 2021
586 المشاركات
@croisssan Yes demo account is important to get familiar with basic trading ideas. Demo is also helpful to test different strategy to find out the winning percentage.
عضو منذ Nov 03, 2020
63 المشاركات
Aug 23, 2021 at 07:35
عضو منذ Nov 03, 2020
63 المشاركات
There are a lot of new terminology in the forex field that you have not met before, and without understanding them it will be difficult to trade.
عضو منذ Apr 09, 2019
516 المشاركات
Aug 23, 2021 at 09:53
عضو منذ Apr 09, 2019
516 المشاركات
Knowledge is one thing but being able to apply that knowledge is crucial as it would be with something like medicine. And just like a career like medicine, it doesn't come without time.
If you can't spot the liquidity then you are the liquidity.
عضو منذ Aug 17, 2021
9 المشاركات
Aug 24, 2021 at 11:22
عضو منذ Aug 17, 2021
9 المشاركات
that is true but I think that practical experience is more important with forex. Learn the basics then sit at the charts every day following markets, observing and that will teach you how it really works
عضو منذ Mar 28, 2021
586 المشاركات
Sep 04, 2021 at 13:00
عضو منذ Mar 28, 2021
586 المشاركات
@croisssan Yes without knowledge and skills, one cam only have loss in trading. To make profit, one has to learn how to trade to make money.
*لن يتم التسامح مع الاستخدام التجاري والبريد العشوائي، وقد يؤدي ذلك إلى إنهاء الحساب.
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