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How does experience come?

May 18, 2020 at 08:09
4,064 Views
78 Replies
Member Since Jul 27, 2020   81 posts
Aug 23, 2020 at 17:01
I would say that the analysis of losses is the key to profitability in trading in the future.
Member Since Jul 19, 2020   788 posts
Aug 25, 2020 at 01:01
It takes a lot of hard work to gain experience in trading. Forex trading is not an easy thing to do as you come into the market and make a profit easily. First, you need to get an idea about the price movement through demo trading. You need to gain a lot of knowledge from YouTube, Google, and various brokers while doing demo trading. You can learn any experience from a complete mentor. And you also have to learn from your mistakes.
Member Since Sep 13, 2020   22 posts
Sep 13, 2020 at 09:24
Experience is something that you gain by doing a thing for a considerable time.

A software developer can become an experienced software developer only by developing software/bug fixing for many years.

An accountant can become an experienced accountant only by preparing balance sheets, p&l accounts and other related things for many years.

In forex also you gain experience by trading
Never Ever Give Up
Member Since May 01, 2020   11 posts
Sep 15, 2020 at 03:15
EXPERIENCE CAN BE GOOD OR BAD AND IT ALWAYS COMES WITH TIME AND PRACTICE,BUT IT CAN ALSO BE GOOD OR BAD OR NONE BECAUSE I BELIEVE THE EXPERIENCE WE ARE TALKING ABOUT IN FOREX WHICH IS THE ONE WE WANT IT COMES WITH A FACTOR OF TIME ,PROGRESS AND A CONSISTENT APPROACH OF DOING THE SAME THING AGAIN AND AGAIN LEARNING FROM MISTAKES AND CORRECTING THEM AND GETTING BETTER HENCE MORE EXPERIENCED. IT CAN BE BAD IF YOU ARE STUBBORN AND FAIL TO LEARN FROM MISTAKES AND DOING THE WRONG THINGS OVER AND OVER AGAIN ,OR IT CAN BE NONE.
Member Since Jul 27, 2020   81 posts
Oct 01, 2020 at 13:24
You are all right, only time can give you the opportunity to gain experience
Member Since Jul 01, 2020   27 posts
Oct 19, 2020 at 13:02
Your losses are going to be your biggest teacher.
Member Since Jul 19, 2020   318 posts
Dec 25, 2020 at 16:59
EbonyJones posted:
I think practicing more and more can help you to become expert in the forex market.
Yes. Practice makes a man perfect. The m,ore you practice the more you can earn money from this market.
Member Since Oct 26, 2020   33 posts
Jan 18, 2021 at 09:51
Experience does come with time but it also comprises every bit of learning and small failures. It is more than just time for me.
Member Since May 13, 2020   128 posts
Jan 18, 2021 at 10:17
It seems to me that other options for gaining experience, like the daily work of learning and development, have not been found.
Member Since Nov 26, 2020   30 posts
Jan 19, 2021 at 08:39
Experience can be gained if you constantly practice and develop your skills
Member Since Apr 28, 2020   52 posts
Feb 17, 2021 at 07:45
Experience comes with years and after regular practising and hard work.
Member Since Nov 19, 2020   104 posts
Feb 22, 2021 at 06:23
Evelyn55 posted:
Experience comes with years and after regular practising and hard work.
Agreed, it takes a lot of time, plus comprises all our failures, winnings, what we learn, everything. It is not only about the positives but also the lessons that trading teaches us.
Member Since Jan 17, 2021   31 posts
Feb 22, 2021 at 06:28
focus on only one thing on the charts and ace it...needs thousands of hours...
Member Since Feb 04, 2021   1 posts
Feb 22, 2021 at 08:15
sailingconsist posted:
Experience does come with time but it also comprises every bit of learning and small failures. It is more than just time for me.

This is well on point bro.
Member Since Oct 23, 2018   29 posts
Feb 22, 2021 at 11:37
Experience comes with time, plain and simple. Sitting on the charts daily and taking trades over years and learning from mistakes
Member Since Sep 16, 2009   190 posts
Mar 03, 2021 at 10:22
Good question ...
Sorry to write directly without reading all the pages. My answer could be already written here ...

My personal history for gaining experience is like this ...
'Never ask a question about forex before you did big search to find the answer'.
This means, you will work harder, learn more things while searching for answers.
In case, you can't find the answer you are looking for, you may ask for it.
The reason for doing this is to gain more knowledge and also to make the answer stick in your memory because you spent more time to get it.
Easy come is easy to go.

If you follow this rule, sure, by time you will have more experience by time.
... oshaban ... skype: oshaban27 ...
Member Since Feb 20, 2021   53 posts
Sep 28, 2021 at 09:13
As a beginner, the best way to get some experience of trading is by opening a demo account. Once you have learnt how to use trading platforms and have a clear picture of what your broker offers, you can go live but use a small amount, because you are yet to discover how the live forex market looks. This is the best way to build your experience in the forex market and learn step by step.
Member Since Jul 19, 2020   751 posts
Oct 03, 2021 at 12:53
Experience comes with knowledge and experiments. It doesn't come just for trading a long time. Many people are trading for years but not successful yet
Member Since Mar 28, 2021   617 posts
Oct 04, 2021 at 09:52
Experience comes with time and knowledge. And the way you apply your knowledge. Many people have knowledge but can't apply it properly.
Member Since Mar 17, 2021   536 posts
Oct 06, 2021 at 18:07
oshaban posted:
Good question ...
Sorry to write directly without reading all the pages. My answer could be already written here ...

My personal history for gaining experience is like this ...
'Never ask a question about forex before you did big search to find the answer'.
This means, you will work harder, learn more things while searching for answers.
In case, you can't find the answer you are looking for, you may ask for it.
The reason for doing this is to gain more knowledge and also to make the answer stick in your memory because you spent more time to get it.
Easy come is easy to go.

If you follow this rule, sure, by time you will have more experience by time.
Yes. You are right.
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